OTCPK:CPPMF - Post by User
Comment by
VENManon Dec 04, 2020 8:03pm
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Post# 32042761
RE:RE:Trading at Book Value
RE:RE:Trading at Book ValueI had a look at the balance sheet of SCZ before looking at the share price or share price performance. The balance sheet indicates Total Assets of $26.2 million and Total Liabilities of $43.2 million. So they have a Shareholders Deficit of ($17 million). I'm in no hurry to invest in that one. VQA sits with a small Shareholders Deficit as well. GPR has Shareholders Equity of $92 million but note that their accumulated losses grew from from $169 to $182. If that trend stops and they can start to grow their Equity I would look at their share price. So for now I'm out! All IMO! Take it for what it is worth. But I like SCZ as well as CMMC. Other names are TSN (some debt trouble though? and POTENTIALLY VQA in Brazil. All of these of course are smaller producers but should be generating positive cash flow and have been beaten up in the past. Another name I'm looking at considering is GPR. Doing due diligence on it in spare time. Would love to hear other names.