Ride hailing companies Uber (UBER.NYSE) and Lyft (LYFT.Q) are coming to Vancouver after a long wait beginning start month, but they’re coming with significant restrictions.
When a CEO of a public company wants to sell stock in his or her own company, there are several ways such a transaction can play out that will prevent shareholders from feeling like the building is burning down, and avoid damaging share price unnecessarily along the way.
CUV Ventures (TSX-v: CUV) has BIG plans by taking perhaps just 1% or less market share from an ever growing list of markets it is aggressively targeting. For example, in the $700 billion global remittances market, 1% would be $7 billion. Heck, even just one-tenth of 1% would be $700 million. Not bad for a Company with a market cap of C$33 million. This won’t happen overnight, but the Company expects revenues to grow very rapidly in 2019 vs. 2018. There are 3 key aspects of this story; first, most revenue will enjoy high margins, second, much of the revenue will be recurring, and third, CUV Ventures is harnessing technology to disrupt banking and several online industries.
When you’re looking to tell the story of a public company in a way that will resonate with an audience, with a succinct, tagline-sized parable, finding the words ‘multidimensional’ and ‘multidivisional’ in the first few lines of their website will give a writer reason to reach for the coffee.