RE:RE:RE:RE:RE:Question, from an unbiased partyMaxmoe wrote: Well, duh, neither company is valued based on historical or even current financials. Same is true for all small cap growth stocks. Double duh! Read your history for little companies like Amazon and tesla. It's equally irrelevant to look at trailing results for companies that go broke. Like blockbuster. I'm "intrigued " why someone would spend 5 minutes on a stock they don't own and have virtually zero interest in ever owning. Closet bashers perplex me. Don't go away mad, but yes please, go away.
tamaracktop wrote: I suppose I can't let that comment go without a response, from my mobile home.
Cielo just reported delayed 2012 revenues of $4,200,after restating 2020 and 2019 revenues down to $3000.
Xebec just reported 2nd quarter revenues of $32.7 million, up 67% from a year earlier.
Cielo's p/e ratio is -30. Xebec's is -6.6.
Cielo trades at 69 times book value. Xebec trades at 1.29 times book.
Cielo has $2.11 in debt for every $1 in assets. Xebec has 19 cents in debt for every $1 in assets.
Cielo's return on equity is -168 %. Xebec's is -23.79%.
Cielo's workng capital is a deficit of -$700,000. Xebec has positive working capital of $97.4 million.
I'm genuinely intrigued as to why Cielo is cap's today at $20 million more than Xebec.
Ah, the mysteries of the market.
No worries, I won't be back.
Everything you believe about this company is purely speculative. It could be the next great stock but for now it's just a fairytale. I will believe it when I see it.
It is much better to invest in companies that are profitable. When a company is producing revenue without any profits, then it's important to look at metrics such as price to book and price to sales etc, and compare that with the industry. Cielo does not produce meaningful revenue, nor does it produce any profits. Their price to book value is through the roof and should be a warning sign.
Xebec and Greenlane Renewables have more attractive fundamentals. Why should Cielo trade at a much higher premium than the aforementioned companies? I cannot precisely answer this question so I think it's best to avoid it.