Post by
captwade on Jan 26, 2021 10:01pm
There was some very good news last week.
It was easy to miss though because it only lasted about 20 seconds.
For some years now we have listened to some of the most boring of presentations from this company. We hear words like exciting, potential, helluva fantastic, masterpiece, and a new one last week, gem. None of these words mean anything to a serious investor. We were made aware of the huge markets that we eventually may get a piece of but were never given a clue as to what that could, in the end, mean for CZO.
Last Wednesday we saw a small move in the right direction when Gagnon spoke, albeit briefly, about the net present value of a discounted future cash flow that a 3% share of the YBG market would mean to CZO. He threw out a figure of $100,000,000. or about $1.30 per share. I think this is what appears to have excited the market for our shares because the inferrence is that the current fair market value of CZO shares would be something over $2.00 { $1.30 plus the $.79 we are trading at. I repeat, fair market value TODAY.
Cheers all.
Comment by
Ciao on Jan 26, 2021 10:11pm
I will need to listen to the presentation again to see if it was just for their current BG or Y-BG, this is what I had previously noted: 1) NPV based on BG market alone gives CZO a value of $100 (using conservative 20% discount rate), this gives a NPV per share of $1.25 ($100M / 78 M shares o/s)
Comment by
trek01 on Jan 27, 2021 9:55am
Little advise for your well-being. Remove stocks you hate from your watchlists.
Comment by
boazklinghorn on Jan 27, 2021 11:44am
Interesting., but you know what they say.. :" Talk is cheap but it takes money to buy whiskey."