TSXV:MRS.H - Post by User
Post by
SchiffKnowsBeston Jul 31, 2018 12:01pm
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Post# 28391792
UNIFIRE SEE ATLEAST MRS 20 BAGGER FROM HERE?!
UNIFIRE SEE ATLEAST MRS 20 BAGGER FROM HERE?!Simple math. GROWING SALES to $100 within first 15 months likely based on debt covenant. So that works out to 80M sales for 12 months. Even if you say they get what they are on track for this year which is 36M. Throw a 3 multiple there and you get 108m. So why is a company selling their GROWING SALES company for $15M USD (6M DEBT PAID PLUS 9M). WELL THEY THINK THEIR 26M shares are worth much more than 6m???? How about at least a 20 bagger to get anywhere close to $108M?!!!!!!!!!