Bullboard - Stock Discussion Forum 3 Sixty Risk Solutions Ltd SAYFF

3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge... see more

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GREY:SAYFF - Post Discussion

3 Sixty Risk Solutions Ltd > Re Wrong

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Post by Mackwise on Nov 23, 2019 2:12pm

Re Wrong

Noted their income inreased as forcast but still no profit. If the gas tax (carbon) is applied the fuel cost for 60 or so heavtytrucks will increase. That's not a major problem but another forseeable expense. Currently, the market has indicated little faith in this stock for now. I still am guessing it will hit 5 cents.

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Comment by TomasG on Nov 23, 2019 4:50pm

Nah

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Comment by ranman on Nov 24, 2019 8:25am

In my limited experience the Carbon Tax gets passed on to the next level of consumer. That's what we do.

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Comment by Mackwise on Nov 24, 2019 8:45am

Yes , passed on IF the existing contracts were written with an inflation clause. I hope SAFE management had the sense to do that. All in all, the current price reflects the status of the stock with investors. It would be hard to garner any significant funding by floating shares at 7 cents in the current market; so how long can SAFE absorb a loss each quarter?

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