FormerXBC Inc XEBEQ

RE:RE:RE:The only thing we have to fear is fear itself

[Gann999]

Hope you are correct truly I do. My other issue with what you said is using 350 m in 2024 and a 2 times sales as a benchmark without considering any other factors like what their debt and cash levels will be at that same time and if that would warrant a 2 times sales valuation. Also are they making money yet at 350 m revenue or still losing it. We can't just tout revenue with little to not context attached to it.

Winston1 wrote: That's true, but Xebec is not a highly leveraged deeply indebted company with over $1 billion in debt like some other companies out there. I believe they can survive a deep recession lasting 1-2 years, whereas many other companies won't. They'll get a sufficient amount of debt financing plus government grants to last them until the good times start rolling again.   

Gann999 wrote: Just saying the stock market will rebound after it all passes isn't really a great investment strategy to have as it's not a one size fits all answer for every investment it's just a general idea of what a well diversified investor should do in a market downturn. Companies go bankrupt in recessions and you should always keep your eye on what's happening and adjust your investments accordingly the stock market will still exist in 5 years and likely be a lot higher the company you invested in might not still exist just saying.

Winston1 wrote: As the great Franklin D. Roosevelt said in his 1933 inaugural address at the depth of the Great Depression, "the only thing we have to fear is fear itself." During the Great Depression everyone thought life would never return back to normal, but it did. During the 1987 flash crash, the 2000 dot com meltdown, the 2008 financial crisis, and the March 2020 Covid crash everyone thought life would never return back to normal, but it did, more or less. Now in 2022 everyone fears sky high inflation, rising interest rates and a recession. Don't worry about it, this too shall pass and life will return back to normal. A deep recession will cure sky high inflation and sky high gas and food prices. The fed will likely keep raising rates until we get into a recession, but then they'll start cutting rates to get us out of a recession. Take the long view, it's not any different this time. The world is not ending and things will eventually get back to normal.