Post by
moneymaker75 on Aug 30, 2014 10:27pm
TSLA vs GPW
Let's say skiboyy was right and that GPW is having such a big problem making money with $20M in quarterly revenue. Well let's take a look at Tesla's last quarter:
$770M in revenue
$29M operating loss
$62M overall loss
If GPW has problems, then TSLA has REALLY BIG problems making money. But TSLA has a $33 billion market cap. And the price to sales ratio is 13.5 compared to GPW which is 0.07. And it's stock price has gone up nearly tenfold in the last two years.
https://finance.yahoo.com/q/ks?s=TSLA+Key+Statistics
Really skiboyy, you should just delete your account and never post again because that post was embarassingly bad. Not only was the main point of your argument wrong because you misread the numbers, your argument itself has a demonstrated flaw because there are many examples of companies which lose money for years on end and have high valuations. GPW has a low valuation and overall makes income of 1-3 EPS if you have reviewed the last two years.
An argument with merit would be because GPW is a Chinese stock and they have some tainted history. At least that makes sense. But even that argument is losing steam because many Chinese stocks have aggressive growth multiples too and GPW is based much more in Hong Kong over mainland China.
Comment by
lrpepin1 on Aug 30, 2014 10:40pm
good one on the tesla people are nuts