OTCPK:MAUXF - Post by User
Post by
Miner1967on Aug 29, 2014 6:06am
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Post# 22888792
$120 - 130 million EBITDA
$120 - 130 million EBITDA After this small recent drop I rechecked Mart. The company will make approximately max $130 million EBITDA for 2014. So it currently trades 5 times its EBITDA.
I compared Mart with other companies drill in risky countries worldwide and I don't see it as an opportunity, at least at this moment.
For example, Petroamerica that PTA drills in Colombia which is safer than Nigeria, trades only 1.5 times its 2014 EBITDA.
I think MMT is fairly valued at the current levels.