GREY:XEBEQ - Post by User
Post by
tamaracktopon Oct 15, 2021 10:44pm
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Post# 34012835
Price-to-book ratios
Price-to-book ratiosFuelCell trades at 4.06 times book value.
Ballard trades at 3.35 x book.
Plug trades at 3.72 x book.
Greenlane trades at 3.73 x book.
And, just for good measure, Ciello trades at 10 x book.
Xebec is trading at 1.29 times book value.
Its trading at very nearly the amount shareholders would receive if the company was broken up, the assets sold, the debt repaid, and the leftovers were distributed to the shareholders.
At these prices the market is paying virtually nothing for Xebec's growth prospsects,
and for its business model.
This is a rare opportunity.
Xebec is dirt cheap.
It's dirt cheap because a fraction of the shareholders are scared.
They're fed-up.
Emotions are playing a major role.
It won't last.
Emotions change.
Xebec will outlive us all.
At GreenLane's P/B multiple, Xebec would trade at $7.75.
Never underestimate the role that emotions play in determining stock prices.
That's all the market is.