RE:RE:Was today's NR good or bad news?digitel wrote: I don't think the lowest sales in seven quarters is good news, nor the marginal profit of $127,000 in Q4. That's two weak quarters in a row and given they still don't have the new plant up and running are we in store for 2 more transition quarters and the risk of delays?
Agreed. It sure looked like bad news to me.
December 2nd, 2016, Fabrice goes on Market Call and tells us it is trading at about 12x earnings and makes it a top pick. It was trading at $1.42 at that time.
What is the P/E ratio today? What would the stock price be if we were actually trading at about 12x earnings now? 60 cents?
This was a setback. No question about it. That said, there is a ton of potential here, down the road a ways.