BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

SHEN: Calling to Sidelines, Neutral Rating

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

Shenandoah Telecommunications Company / Equity Bottom-Up

Shenandoah Telecommunications Company (SHEN US)

<ul>
<li>SHEN is expanding its network footprint with the acquisition of Horizon Telecom for $385 million in cash and stock.</li>
<li>SHEN is purchasing Horizon for the network footprint and the sales ability to capture commercial customers compared to the majority of SHEN’s customers being residential</li>
<li>The valuation becomes financially reasonable to understand when considering SHEN is paying approximately $51 thousand per fiber miles</li>
</ul>


SHEN is expanding its network footprint with the acquisition of Horizon Telecom for $385 million in cash and stock.
SHEN is purchasing Horizon for the network footprint and the sales ability to capture commercial customers compared to the majority of SHEN’s customers being residential
The valuation becomes financially reasonable to understand when considering SHEN is paying approximately $51 thousand per fiber miles


Shenandoah Telecommunications Company

SHEN: On the Horizon