GREY:XEBEQ - Post by User
Post by
tamaracktopon Jun 12, 2022 2:35pm
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Post# 34750229
Posted before I finished... writing and checking spelling
Posted before I finished... writing and checking spellingXebec was the 16th biggest percentage loser on Friday, well behind Pyrogenesis at #2, and just behind Shopify at #15.
Shopify is only down 5.3% in 2 weeks and trades at 4.6 X B/V now.
Pyrogenesis is down 11.5% and is trading at 12.3 times book.
I mention Pyrogenessis because many here own it.
I mention Shopify to underscore the premiums to book value many stocks still trade at despite their
recent slaughter.
Shopify is down 80% from the year high, and still trades at 4.6 times book.
Pyrogenesis is down 66% from the year high and trades at 12.1 X book.
Greenlane is down 55% and trades at 2.36 times book.
Xebec is down 82% and trades at 0.45 times book value.
At Greenlane's P/B multiple Xebec would be at $4.40.
Xebec has tremendous top-line growth and is assured over $220 million this year,
showing yoy revenue growth of at least 75%.
Xebec faces the same inflationary pressures on costs that every other company does as well.
It shows peerless top-line growth, but has nevertheless been over-punished in relation to other companies' valuations.