GREY:WEWWF - Post by User
Post by
dpunt32on Apr 29, 2014 6:53pm
221 Views
Post# 22504689
Acquisition in M2M Space Reaffirms how Cheap WEW IS
Acquisition in M2M Space Reaffirms how Cheap WEW ISNumerex (NMRX-Q) bought Ominilik for $37m, revenues were $13..that is over 3x Enterprise Value/Revenues...using those same metrics on WEW gives a value of close to $1....not saying they are identical but shows how undervalued WEW is...WEW management does not garner a lot of respect and all the old Anwar issues still weigh on this stock even though he is long gone...and that Brazil issue needs to be put to bed...at current levels WEW is very undervalued https://www.ajc.com/news/business/numerex-acquires-omnilink-systems-for-375m/nfkSD/