Comment by
SIGG1 on Nov 12, 2019 2:02pm
can't really trust these guys and their recommendation though... They own 1% of the shares... Of course they are trying to promote the company and the stock.
Comment by
ValueCap on Nov 12, 2019 5:07pm
Do your own math. What's a company that's going to generate 30 million ebitda and growing worth? A conservative 7x multiple makes the equity part of the company worth much more than it is now. Every year 10 million + of debt gets paid down, and that accrues to the equity value of the enterprise value.
Comment by
SIGG1 on Nov 12, 2019 5:20pm
that must be why it's trading at 45 cents and went as low as 28 cents...
Comment by
ValueCap on Nov 13, 2019 2:36pm
One man’s trash is another man’s treasure? I was buying at 27 cents and in the 30s and 40s. Could always be wrong but the upside looks better than the downside here