OTCPK:EUCTF - Post by User
Comment by
zenvestingon Jul 08, 2015 1:00pm
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Post# 23903506
RE:RE:RE:RE:RE:MD&A : no assurance of ongoing profitability
RE:RE:RE:RE:RE:MD&A : no assurance of ongoing profitabilityI think it's fair to say that there are no assurance of ongoing profitability, or at least I haven't seen any such assurances, AND that's exactly why I believe this stock offers a great opportunity here trading with a forward P/E of about 5 based on last quarters numbers.
If there was any actual assurance that the company would continue to report net income in the same ballpark as last quarter, this stock would be trading at least in the $0.20s already.....and if there was any actual evidence the growth could continue at the ~20% clip of last quarter, then most would think the stok deserves a P/E of about 20, which would price the stock in the high $0.40s.
I for one trust the trend of increasing cash flows over the past several quarters and expect to see a healthy profit again next quarter....and watch the market bid up the stock, as the assurance of continued profitability becomes more evident.
JMHO, but don't persecute the guy for speaking his mind!