TSXV:FCO.H - Post by User
Post by
dgk80on Jul 17, 2005 10:17pm
229 Views
Post# 9289336
FCO Analysis Summary
FCO Analysis SummaryAnalysis Summary
FCO is overvalued compared to its Price of $0.32 per share, has below average safety, and is currently rated a Sell.
In-Depth Analysis
Business: Formation Captl, (FCO) Acquires, explores and develops mineral properties in the U.S., Canada and Mexico.
Price: FCO closed on 7/15/2005 at $0.32 per share
Value: Value is a measure of a stock's current worth. FCO has a current Value of $0.11 per share. Therefore, it is overvalued compared to its Price of $0.32 per share.
RS (Relative Safety): RS is an indicator of risk. FCO has an RS rating of 0.68, which is poor on a scale of 0.00 to 2.00.
-----------------------------
Summary
Very weak Management team
Share dilution high for a junior 185 million shares plus 30 million wts.if price targets are met.
A refinery operating at 30% and no major customers.
Question .11 cents I think .14 cents would be a entry point.
dgk