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Computer Modelling Group Ltd T.CMG

Alternate Symbol(s):  CMDXF

Computer Modelling Group Ltd. is a Canada-based global software and consulting company. The Company is engaged in the development and licensing of reservoir simulation and seismic interpretation software. The Company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The Company operates through two segments: CMG and BHV. The CMG segment is engaged in the development and licensing of reservoir simulation software. The BHV segment is engaged in the development and licensing of seismic interpretation software. The Company has a diverse customer base of international oil companies in approximately 60 countries. The Company’s software includes CMOST, IMEX, GEM, STARS, CoFlow, Builder, Results and WinProp. The Company has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur.


TSX:CMG - Post by User

Comment by nic_jordanon Oct 22, 2003 8:28pm
169 Views
Post# 6551281

RE: Valuation

RE: ValuationLetMeShortU, You wrote : "Can someone explain to me why this stock is so cheap?" Well most people in the market just ignore that this stock exists, thus the lack of posting on this message board, thus also the very low trading volume and most importantly, thus the low valuation of the stock when compared to fundamentals such as cash per share, EPS and cash flow. Hopefuly, our listing on the TSX will eventually change this state of things. In the mean time, I still believe this is a golden opportunity to buy at very low levels IMHO. Cheers! Nic
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