GREY:VGFCQ - Post by User
Comment by
CanadianKiaon May 26, 2021 9:40am
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Post# 33266810
RE:RE:results
RE:RE:resultsOf course market caps can and are high normally, but the problem is that you're ignoring all the other numbers completely.
you can't be selling 3M a quarter and be worth 4.5 a share. the math doesnt add up AT ALL.
I understand future earnings and they will grow over time for sure, but no one should be paying these prices for the company, espcially when they just showed their capacity constraints based on their revenue. there are big restrictions on this companies ability to increase revenue for hte forseable future and if you're paying these high prices, you are taking a BIG gamble. over 80x earnnings. come on!
Just my opinon.
ill wait for it to drop to a reasonable price before i buy.
ImpIications wrote: Answer .... every companies market cap is generally way higher than what the companies make.
Take a look at some of the companies with huge losses but at the same time they have huge market caps.
People look towards the future and this is the teason that the "market caps " are always higher than what the companies make .
Hope this helps. CanadianKia - (5/26/2021 8:56:50 AM) results so let me get this straight. they made 2.6M. 3x the net loss of Q4. EBITDA loss increased. loss per share more than double Q4 AND there are 8M more shares!??!?!?
and has a market cap of $450M!!!!!
like i have said in my previous posts, the most they can make this year is in the $10M range or maybe $15-20. how are they worth 450M on market cap!!!!!?!?!?