RE:RE:RE:RE:RE:RE:RE:RE:RE:Sold HOT, bought KNRpointer wrote: You ignorance is only surpassed by your stupidity. The clowns on this board are trupy stupid people who don't seem to understand much of anything.
Sounds like someone that is out of arguments and can only go down the insult path.
Let me ask you, how many of those covid detection machines have they sold? What's their margin per machine? How many machines will they sell once covid is under control? Basic questions you'd even hear on Shark Tank before anyone would invest their money. As far as I know, there is absolutely no public answer regarding those questions, so it's impossible to evaluate how much that is worth. Buying without knowing any of that is the pure definition of speculation.
Looking at their latest financial report, they didn't have any growth year over year with and EBITDA of $1.5M through 9 months. Assets were worth $21.8M of which the most significant balances were in goodwill and intangibles assets. The company had liquidities of $3M and liabilities of $10.5M.
I'll be happy for shareholders if it works out and KNR suddenly increases profitability tenfold to justify the current market cap (although even then you'd have 8x EBITDA even then instead of current 80x EBITDA). Still, without knowing how many units they'll sell at which price, all projections are back of the enveloppe speculations.
See, it's not that hard to discuss instead of resorting to cheap insults.