GREY:ACEXF - Post by User
Post by
lscfaon Feb 08, 2019 3:57pm
155 Views
Post# 29339929
Undervalued
UndervaluedMessy financials and ebitda confuse people so look at cash flow and factor out some one time items...
Co. is cash flowing about $14 million/yr US or $18.62 mil Cdn
83 million shs => $0.22/sh cash flow
8x multiple => $1.79 share value.
| $US | 3 mo Nov | 3 mo Aug | 3 mo May |
| CFO | 3,957,676 | 5,149,866 | 3,983,208 |
| Less minority int | -1,438,020 | -2,114,741 | -2,417,087 |
| Net | 2,519,656 | 3,035,125 | 1,566,121 |
| Acquistion costs | 927,688 | 355,898 | -156,420 |
| Adj. net | 3,447,344 | 3,391,023 | 1,409,701 |