RE:RE:RE:RE:RE:RE:RE:If..Torontojay wrote: This is a flawed way to look at it. Most of their expenses are from intangible amortization expenses which are non cash by nature.
Their cash flow position before changes in non cash working capital has been steadily improving each year.
The correct way to think about an investment is to ask yourself the question: "where could the stock price be 3-5 years out and what would my returns be?" If the stock price is 30 cents per share in 5 years then you've at least doubled your money. If I can double my portfolio every 5 years for the next 30 years, I will be a rich man. I'll take it.
1st If you had read carefully, I was replying to the "profitability" comment, not the EBITDA one....
2nd I'm in AKR since a wayyy long time sooo I can confirm that I haven't double my investment but in fact, the opposite, this Company/Management has done way, way worst, RED is their favorite color.... So even if they would double the SP in the next 3-5 years, it would have been dead money for close than 10 years, a really bad investment!! That's why I'm not impressed at all by the CEO....
3rd I'm not investing in penny stocks to only double my money....