TSXV:MRS.H - Post by User
Comment by
Rock34on Mar 12, 2017 7:30am
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Post# 25969026
RE:OK-found it. WTG Rev? $10mill. MRS? there4UNDERVALUED BIGLY
RE:OK-found it. WTG Rev? $10mill. MRS? there4UNDERVALUED BIGLYGood find here Rev!
So we know revenue will be a minumum of $12-$14M in 2017 and the current market cap is $10M. A more reasonable, yet still conservative multiplier would be 4 times top line revenue which would put this around $40-$50M market cap of $.48-.60 per share. Considering that MRS operates in a hot sector because of the trump factor and there really arent too many other public Canadian companies in this space that projection may be very conservative. Just have a look at Patriot One (PAT) they are not even close to revenue and have a $50M market cap.
Anyway, now that this much of the float has traded the stock should move bigger chunks on lower volume. There is some pro accumulation/flipping games happening here as well so the water may remain cloudy for a few more days but the direction here is UP in a big way. If MRS give us any significant news this will gap up and run with this many eyes here.
Cheers.
TheRevenant2016 wrote: Found what I was trying to find that was rather elusive as its a private compan-that being. Some info on revenue from Wild Things Gear Inc related to revenue and number of employees/
Revenue=$10million
Employees=56 This must be uptodate cuz its listed as company information right below WTG being aquired by Mission Ready Services Inc yesterday.
So my numbers were light I read off of ceo.ca at $5million base.
MRS -if this be true if including the $6million contract with WhiteHorse over 3yrs
and without any known revenue from its equipment/gear wash operation (which I expect at some point the company will sell and divest itself of for a cash amount) is undervalued
and not even selling at one times yearly revenue at todays market cap on the closing.
Its selling for more like 1/2 times annual revenue with the WildThings Gear aquistion which will show a big time improvement in reported numbers quarter over quarter...1/2yr over 1/2yr and Year over Year when filed.
live Link:
https://www.owler.com/reports/wild-things/mission-ready-services---closes-wild-things-acquis/1489076281062 This thing may well rally right from Monday to Mid Week wednesday given many and I mean many do not fully understand thee order of magnitude that the game changer event was aquiring WildThingsGear Inc was for the continual metamorphisis of Mission Ready 2.0-now opending up a consumer high end product line, leveraging on established Military business lines in the cold and extreme weather market sectors for which MRS had no presence or established contact and contract basis prior to the aquistion, and a growing international market thru WTG in an already highly regarded and respected branded product line...including Asia.
Nite nite and Good weekend all-this should move again next week when the market and its players start realizing just how important the WTG aquistion was!