Post by
downwithdotcom1 on Aug 17, 2021 9:50am
Dog days of summer??
nice follow thru .. TBL traded a whole 5 shares on the opening and thats all been traded 15 minutes into the day..MEANWHILE, DBM on record Q2 results was down 10% but has since recovered a bit on heavy trading ...forward P/E's of 2x, 3x or 4x mean NOTHING in the world of CRYPTO CRAC i guess..
thoughts?? dwdc
Comment by
FredrickHUGE on Aug 17, 2021 9:52am
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Comment by
satchmo6 on Aug 17, 2021 9:59am
WINNIPEG fires --------- from greased lightning.... or was it home fires burning
Comment by
Stocker46 on Aug 17, 2021 10:18am
Haven't witnessed anything quite this ridiculous in 30 years of investing. Seems like DBM & TBL could have both reported net earnings of $100 M in second quarter ... and their share prices would still be going down.
Comment by
Stocker46 on Aug 18, 2021 8:58am
Quite amazing. Taiga more than doubles what. were excellent 1st Q earnings and ths SP falls by 3.4%. Based on the new trailing 12 mths earnings ($1.28 EPS), the new Price to Earnings Ratio is now "1.99". Taiga shoud be using up their buyback allotment real quick!
Comment by
Stocker46 on Aug 23, 2021 9:09pm
Regardless of the above, a company that has a good 2020 (NE of $70.8M) & an even better 1st half 2021 (NE of $87.6 M) and is sitting at a share price of $2.50 with a price/earnings ratio of 1.95 .. has a serious problem. You would think that Taiga was on the verge of bankruptcy. ... and that is why I haven't bought additional shares even if the SP is grossly undervalued.
Comment by
Boreal on Nov 08, 2021 12:48pm
This was predictable. Still a decent stock in the longer run.
Comment by
geezer21 on Dec 14, 2021 11:10am
"Quite simply, there's something seriously wrong with a company that makes consistent profits" Company fundementals are fine. Problem is there is no liquidity in the market - too few shares being traded.