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Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Banca I.F.I.S Spa > Comparable ECS Vs CSK - MISTAKES ???
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Comment by newsimon1707on Jun 21, 2017 4:37pm
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Post# 26389603

RE:RE:Comparable ECS Vs CSK - MISTAKES ???

RE:RE:Comparable ECS Vs CSK - MISTAKES ???
newsimon1707 wrote: I am probably wrong on numerous points... the cost per pound is the big question mark???But

but, ECS will have invested a total of 200 million US$ to mine this place...
total profits will be 258 million US$...

we will need to spend peanuts to mine this place...
total profits can be 160 million US$... let's say I am miscalculating 60 millions... still 100 million profits over 10 years...

Now, we have a market cap of 6,63 million US$, they have a market cap of 133 million US$...  let's do a small comparable... we should have a market cap of 51,55 million in US$ with 100 million profits over 10 years... or 82,4 million in US$ if I use 160 million profits...

Now let's use the conservative value of 51,55 million in US$... X 1,33 = 68,56 million market cap in CAD$, divide it by 85 million shares... gives us .... 0,80$ per shares... I might be really far... far far far... but I would like someone to prove me wrong!


Second post I made yesterday
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