Post by
SamRothstein on Dec 09, 2020 2:53pm
$0.05 cents away from all time high in feb 2018
Finally VB is coming to life. You needed patience of saint to own this stock. I think the Digital Boundary Group purchase was so smart, short and long term, and as pointed out, immmediately accretive. I have yet to see an insider sell a share of VB and the buying continues. I think 2021 is finally going to be the year VB gets closer to what it is worth. Currently has price to tangible book value of 0.72, price to free cash flow of 1.2, and net gearing of -56.74. With 12 forecasted PE of 8.1, a PEG of 0.6. It will pop up on the momentum screens as well as value screens. I am hoping once stock crossed $10 that they start considering selling some shares to not only raise capital but to make this more liquid as that is a big problem for this stock. the float and volume are so low that even a larger retail player has trouble accumulating with massively impacting price.