Alterra Power MGMXD

Patience will reward?

[Newstock44]

My thought is the value of assets and what those assets can make every year is what the stock is worth with all the accounting numbers being juggled, it is hard to value a company correct, if you think this company was worth less than what it is trading for then patience will be rewarded. Cheers

[materialsgirl]

Newstock; You quite correct about the company being hard to evaluate.  You even have to dig to get a handle on what the Revenue is due to the twin reporting systems (compliance with the law).  Then you have the odd one time hit and you have to wonder how frequent these hits will be. You also said if you think this company was worth less than what it is trading for then patience will be

[veracruz]

I would recommend not equating stock price and the value of a company. They are so different. This company gets so many people selling out of boredom/frustration or when they don’t have enough cheddar to tuck this one away and play the others. This stock has lulled us into an immobile state. Many investors won’t pay .34/.35 because they feel they can get it at .32ish. Many won’t sell on the uptick

[materialsgirl]

Yep veracruz; Boredom can set in within days for some people so waiting 5 or 6 years with no breakthrough by the company and a slithering share price would bore 100% of investors, me included. Going forward the thing is this.   By 2017 Proportionate attributable revenue could be circa $150m  which is less than the sales of one Costco outlet but in the high margin green energy space a