Seprotech Systems Incorporated V.SET

Why I think Seprotech is a risky good buy.

[OrangeFairy]

I bought the shares because the company was chosen as the water supplier for Barrick Gold Pueblo Viejo project.
It was a risky buy because all the water company is not doing well. But then all the news about floods around the world came in, so I bought more stocks. Then I found out one of Seprotech supplier is Toray of Japan. So, I am crossing my fingers that Seprotech gets some business in Japan because they would be hiring Japanese supplier. Plus Seprotech has experience in humanitarian work.


It risky, but I am crossing my fingers.

[Yvrogne]

This is a .25 stock.    It needs to trade again.  14 millions in contracts...   I hope it trades soon.

[OrangeFairy]

It is not worth .25 because of the $14M contract.  Seprotech have a deficit of roughly $15M. The $14M contract is just revenue, not profit. I say they need $100M in contracts to get the shares worth .25.  Again, I am crossing my fingers.I think this company has good technologies, but the problems is people don't like buying clean water. People thinks it should be free. But with all

[Xoph]

.25 is a bit high based on P/E ratios.  Normal PE ratios for this industry are between 20 - 30 so with Earnings of 1 cent the stock would be worth .25.  Currently they do not have any positive annual earnings so......more contracts needed or trim the fat.