First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.

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First Global Data Ltd

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Comment by Defaulteron May 03, 2018 3:13pm

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Post# 27978593

RE:RE:RE:RE:FYI

No not always, but it has in this case.

MichaelSilvia1 wrote: So you think that the market always values stocks properly? You lose more credibility with each post.
Defaulter wrote: Good point; technically, no they are not worth $0. But the market must be saying, until you can generate earnings, and then consistent earnings, we will not be valuing your company based on that.
MichaelSilvia1 wrote: Nothing wrong with trading at 1x revenue? Please teach us more.
Are the assets worth $0? Licenses worth $0? Partnerships $0?
Defaulter wrote: 4.5M Rev x 4 = 18M/254.98M s/o = $0.070/share. Nothing wrong with the situation. Including myself, if we bough above this price, we bought too high. he company isn't failing because we are under water for buying too high. It is now valued based on last reported revenue.