GREY:LGLTF - Post by User
Post by
StompinTomon Feb 24, 2015 12:36pm
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Post# 23459335
Back of the Envelope Value
Back of the Envelope ValueSo I figure:
181m o/s shares + 6.8m for 2 SK acquisitions + 22.3m shares for PP = 210m shares
EBITDA Q3/14 = $1.9m, with next to no growth is $8m annual
EbiTDA Uhak = $1m/annum, mgmt estimates $2m
EbITDA SK#2 = $0.9m/annum, mgmt estimates $2.1m
You have an estimated EbITDA of $10-12m per year or $.047-.057 per share. You have a relatively cheap valuation here and it excludes:
- growth and scaling
- monetization of the real estate spinoff
- whatever the money being raised is being used for
Not a bad margin of safety and worth revisiting after the vitriol I've seen here.