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Bullboard - Stock Discussion Forum mdf commerce Ord Shs MECVF

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mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms... see more

OTCPK:MECVF - Post Discussion

mdf commerce Ord Shs > Yahoo 1 year targets
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Post by sblwaterloo2 on Sep 22, 2020 2:09pm

Yahoo 1 year targets

Could I bother one of the followers of this stock to take a quick review of Yahoo Finance 1 year targets for MDF.  Something can't be right here.  Thanks in advance.

https://ca.finance.yahoo.com/quote/MDF.TO?p=MDF.TO&.tsrc=fin-srch

Comment by sunsurfer11 on Sep 22, 2020 2:37pm
target on yahoo are messed up $208+/share avg target...I think the relvant universe for targets is somewhere between an Absolute Software 6.0x Revenue to the Shopify example of over 50x Revenue...as was presented on BNN MDF is at about 1.5x so at a bare minimum i'd expect a 5.0x once the growth rate is confirmed/exceeded on nex quarters call so i'd be happy with mid $20's by Christmas. ...more  
Comment by sblwaterloo2 on Sep 22, 2020 2:54pm
Thanks SunSurfer.  TipRanks has an average target of $9, which seems pretty conservative, but then again that's what CIBC is pegging it at too. https://www.tipranks.com/stocks/tse%3Amdf/forecast
Comment by sunsurfer11 on Sep 22, 2020 3:17pm
the risk in valuation is two part.. 1) How much is recurring..theyve demonstrated 80%+ recurring and growing so this one is beat down 2) Growth Rate-they've only been in their reorganized/refocussed saas format for less than a year..a quarter or two more of consistent 15%+ sequential rev growth is required before it checks teh shopify valuation trajectory box...thats what analysts are waiting ...more  
mdf commerce Ord Shs