RE:RE:RE:RE:Augusta Industries Reports Record Sales for Third Quarter VIKINGSTORM wrote: Ok everyone to be fair JR12 does bring up some good points and if something needs improving then what's wrong with pointing out ? It's just good constructive critcism. The guy seems to know how to read financials which makes he's posts a quantum leap more useful than that pea brain Grillzbaby.
Anyway, as long as this is the start of a postive trend and we have confidence that management can exceute then this becomes a great holding IMHO.
Fair enough, but I would argue that the positive trend from a financial metric point of view started 2 quarters ago. I'd be curious to learn how others choose to "valuate" small caps as obviously the large capacity SP valuation metrics don't apply well. Specifically, do any of you consider an earnings or perhaps revenue multiple to value where a small cap SP should be adequately valued? I honestly feel this should be a 6-9c SP right now, with upside potential should more contracts be completed, based on revenue growth if you reflect on past SP in relation to revenue and earnings. Thx. GLTA