First Global Data Ltd FGBDF

THE REALITY IS THE STOCK IS UNDERVALUED

[banx]

I had to laugh at the poster using a 2.5 multiplier based on 2016 top line to establish a price per share.
C'mon man, surely you can do better than that.
Geez.
Based on q1, the annualized run rate is just over $17 million CDN.
At a 10x multiplier which is reasonable in this space, the forward valuation is $170 million.
Fgd is not a construction company stock.
2.5 multiplier indeed---lmao.
NOTE: The run rate for 2017 I just quoted DOES NOT include LianLian nor any other deployments that will take place in 2017.
As far as Vranic stating there will be $30 million in the coffers, this was on the assumption options and warrants would be exercised on a fully diluted basis.
Some of these posters for obvious reasons fail to provide context.
The way I see it, FGD is an absolute screaming buy at this pricing.
Some will bash for their own purposes in the hope that they can encourage weaker investors to sell so they can buy cheaper.
FGD is one of those rare opportunities that comes along with the potential for incredible wealth creation.
Notwithstanding the stock retracement, one thing that HAS NOT retraced is the forward COMPANY direction.