Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

GreenStar Agricultural Corporation V.GRE



TSXV:GRE - Post by User

Comment by mineplanner08on Apr 30, 2014 11:35pm
203 Views
Post# 22510770

RE:RE:RE:RE:RE:Spoke to IR

RE:RE:RE:RE:RE:Spoke to IR


Assuming we do have a legit company here, the Jan 6 press release describes the ticket to price appreciation. 

The stock trades at a P/E of 2 today.  Even if we stay at this undervalued level of 2 P/E, the stock should roughly triple once the planned expanded tomato paste/pulp is realized.  Expansion will be complete in 2015.  Therefore, a triple in ~1.5yrs is a realistic return.

P/E expansion due to a Canadian acquisition would be icing on the cake but should not be rushed. A P/E expansion to 4 (still very undervalued levels) combined with the scenario above would make this a six bagger from today's closing price.

I would take the Stockchase fund manager's advice on GRE and not make this a core position due to the history of Chinese companies.  That being said, a prudently small position purchased at these levels has the potential for a big payoff in the next 1.5 to 2 yrs.

Bullboard Posts
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse