GREY:XEBEQ - Post by User
Comment by
Winston1on Aug 13, 2022 11:54am
159 Views
Post# 34893973
RE:5i's Q & A
RE:5i's Q & AIt often pays to be a contrarian, buy when there's blood on the streets. The market has clearly turned and a rising tide lifts all boats.
This small microcap will rise high and fast since yesterday was only the first day of its ascent. Just look at any of the worst unprofitable and debt ridden companies in the market and see how far they've shot up. This company isn't any different and won't get left behind.
Xebec's book value is $1.87 per share. They have lots of options to create shareholder value going forward.
ZouZS3 wrote:
Q: With a loss of more than 95%, sell or hold has no consequences. At the price of 0.68 is their any hope for this company. 5I RESEARCH ANSWER: There is always 'some' potential, and a beaten-up company could always be a takeover target. But we have thrown in the towel on this one, and moved on to more consistent growth companies with better consistency. Its small size and horrible execution make it a tough one to look at for any buyers.