Post by
SafeInvestor on Aug 19, 2020 1:49pm
The future...
No question the quarter over quarter improvements are impressive and the sp isn't getting credit for the turnaround. Also agreed that trading at 1x earnings is a discount.
Regardless of what the fundamentals say and fair value been pegged at 2x current sp, GLH is suffering from something much more meaningful - investor fatigue turning to impatience.
It will take one of the following to turn this around:
- a significant analyst taking interest
- profitability (which we all hoped for in Q2)
Either way, this is a hold with a view to Q3 performance.
Comment by
Gladiator3 on Aug 19, 2020 2:15pm
Maybe a possible name change would help. Just a thought.
Comment by
Puffdragon6969 on Aug 19, 2020 3:31pm
Yes there has been improvement in a few areas but the quarterly net loss of 2.95 million is still going to hold this down, still too much for 5.5 in sales.
Comment by
Gladiator3 on Aug 19, 2020 4:20pm
Even with a net loss of approximately 3 mill this company is still worth a lot more than just .02 a share.
Comment by
Puffdragon6969 on Aug 19, 2020 4:37pm
i agree that 17 million market cap is low. It's the bloated share structure with each half cent is a approx 4.5 million in market cap movement. Too many unheld shares floating around.