Post by
KnottyOyster on Oct 29, 2019 4:42pm
So cheap...
I still can't believe how low this thing is trading. Must be the low float as most is institutionally owned and there's a hate on for forestry right now. Low Debt, P/B of 0.25, P/E of 1.99... This is lower than most jr oil companies right now.. and it has earnings (granted this has come off in the last year, but still positive). The Tangible book value is $22.40/share, $1.43 of which is sitting in cash alone, and we trade at 6.. From what I can tell this is probably one of the cheapest stocks on the market right now and is fully integrated to boot. I bet Prem takes it out for $10/share in the near future as this would certainly do better private.
Comment by
KnottyOyster on Oct 31, 2019 10:41am
Jesus.. yeah was not expecting the quarter to be that bad. Probably trading at the value of their hydro-electric dams alone.
Comment by
riverrrow on Nov 14, 2019 10:35pm
Thanks for mentioning this. Ontario Power Generation this summer paid $1.123 USD for 385 of in-service capacity. https://www.newswire.ca/news-releases/opg-to-acquire-cube-hydro-u-s-based-hydropower-company-829808981.html
Comment by
riverrrow on Nov 14, 2019 10:38pm
I meant to say 385 megawatts. GLTA.
Comment by
riverrrow on Nov 15, 2019 7:12am
And of course that was supposed to be $1,123 MILLION USD.