$ISWH Gears Up in Bullish Basing Pattern After Strong Catalysts
ISWH has apparently broken its long-term downward trend in the past couple months and formed a bullish basing pattern with a constructive bullish check of chart support (green circle) in recent weeks that could fuel a turnaround, which would make sense given the company's recent fundamental catalysts.
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ISW Holdings Inc (OTCMKTS:ISWH) just announced its entrance into a new venture with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions.
“We are incredibly excited to expand our current portfolio and move into what we believe is a sector poised for strong technological and financial growth,” stated ISW Holdings President and Chairman Alonzo Pierce. “This new joint-venture agreement enables us to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable, efficient crypto mining projects, and to take advantage of the incredible growth projected for the crypto market.”
While Bit5ive is one of the most dynamic distributors of crypto mining equipment, the company is not accessible to investors in any publicly traded form. That means ISWH may be the best way to gain exposure to this strong theme.
Bit5ive is an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean. In addition, Bit5ive is the producer and distributor of POD5 and Power Skid 2.5, the most efficient and successful infrastructure for crypto mining hardware.
ISW Holdings Inc (OTCMKTS:ISWH) is interesting beyond its Bit5ive deal. In fact, this company is a diversified holding company with a range of exposure in growth markets.
In addition, the company has been performing well in terms of its recent quarterly filings, recently racking up a string of sequential q/q growth leaps at double-digit percentage scale on the top-line. While we are still dealing with relatively small numbers, one can easily make a case that the company will be looking at something like $2-3 million in revenues for 2020, and considerably more in 2021 based on organic growth in the home healthcare market, which currently accounts for the lion’s share of its recent revenue performance.
Note that those numbers do not take into account any tangible returns from its joint venture with Bit5ive, which seems to suggest these may be very conservative assumptions.
If that’s true, the stock is now trading at well less than 1x forward sales despite being tethered to very high-growth industries such as cryptocurrency capital equipment supplies, renewable energy, home healthcare, adult beverage, and wellness industry.
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ISW Holdings Inc (OTCMKTS:ISWH) just announced its entrance into a new venture with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions.
“We are incredibly excited to expand our current portfolio and move into what we believe is a sector poised for strong technological and financial growth,” stated ISW Holdings President and Chairman Alonzo Pierce. “This new joint-venture agreement enables us to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable, efficient crypto mining projects, and to take advantage of the incredible growth projected for the crypto market.”
While Bit5ive is one of the most dynamic distributors of crypto mining equipment, the company is not accessible to investors in any publicly traded form. That means ISWH may be the best way to gain exposure to this strong theme.
Bit5ive is an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean. In addition, Bit5ive is the producer and distributor of POD5 and Power Skid 2.5, the most efficient and successful infrastructure for crypto mining hardware.
ISW Holdings Inc (OTCMKTS:ISWH) is interesting beyond its Bit5ive deal. In fact, this company is a diversified holding company with a range of exposure in growth markets.
In addition, the company has been performing well in terms of its recent quarterly filings, recently racking up a string of sequential q/q growth leaps at double-digit percentage scale on the top-line. While we are still dealing with relatively small numbers, one can easily make a case that the company will be looking at something like $2-3 million in revenues for 2020, and considerably more in 2021 based on organic growth in the home healthcare market, which currently accounts for the lion’s share of its recent revenue performance.
Note that those numbers do not take into account any tangible returns from its joint venture with Bit5ive, which seems to suggest these may be very conservative assumptions.
If that’s true, the stock is now trading at well less than 1x forward sales despite being tethered to very high-growth industries such as cryptocurrency capital equipment supplies, renewable energy, home healthcare, adult beverage, and wellness industry.
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