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.

Bullboard - Stock Discussion Forum IBEX Technologies Inc V.IBT

IBEX Technologies Inc., through its wholly owned subsidiary, IBEX Pharmaceuticals Inc., manufactures and markets enzymes for biomedical use. IBEX Pharmaceutical Inc.’s primary business is the manufacture and selling of high purity enzymes for in-vitro diagnostics and research. The Company also makes and sell osteoarthritis kits (ELISA’s) for pre-clinical research. The Company has developed a... see more

TSXV:IBT - Post Discussion

IBEX Technologies Inc > market cap
View:
Post by factspleas3 on Dec 04, 2020 1:54pm

market cap

I just looked though financials I do not understand why the market cap is so low.
Comment by midard on Dec 04, 2020 6:28pm
some investors prefer to pay a lot more for a promotional company with no income. that's what it is
Comment by bigreturn11 on Dec 06, 2020 10:12am
IBT currently trading at $0.24. Subtract net cash of roughly $0.12 and the enterprise valuation is $0.12 per share. Trailing annual profit of $0.04. P/E is actually around 3 if using enterprise value. Try to find a lower P/E biotech company out there with zero debt. There aren't any!  
Comment by freemax1 on Dec 06, 2020 7:15pm
This stock can,t fail ! it remember me an other one ( not the same space ) it is V. PYR  I was in at 0.19 but was not too patient & dumped but a month later it was flying BIG  to 0ver $ 6.00 now is at 3.50 so the lesson was good for me  NOW I am loading here & will WAIT more  to the $$  Make your own DD,s  best luck 
Comment by midard on Dec 09, 2020 6:51pm
net cash of $0.16 per share
Comment by bigreturn11 on Dec 09, 2020 7:53pm
If IBEX were any cheaper, it would be free!  Insanely undervalued stock. 
Comment by guarantor1 on Dec 10, 2020 9:45am
Cash = 16.7 cents per share (with no debt, and tax loss credits not factored in) At the current shareprice, the Market is attaching an Enterprise Value of about 8 cents a share. Based on last years results,  ( and also this years Q1) P/E = 2 P/S = 0.5
Comment by guarantor1 on Dec 10, 2020 9:55am
P/E = 2 P/S = 0.5 To clarify - the above is using the Market's Enterprise value of about $2 M, after taking cash out of the equation.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities