Post by
fearlessggg1962 on Mar 02, 2022 12:54pm
Kool aid drinking
I must be drinking the same kool aid and yet i live a world apart from all of my kool aid friends. I believe the market is wrong and anything below $0.50 is a screaming buy. I have not part from my shares and I will not until it reaches my intrinsic value of $2.70 per share, right now at this very moment my intrinsic value is $0.73 for Datametrex. I don't care if Datametrex is selling Ice to the Innuit of the NWT or selling COVID tests, if it is called a profit, I put it in has earnings per share and COVID earnings are earnings.
Therefore my intrinsic value increases with earnings of the company. If they only sell to the Canadian Government or only sell to less than a handfull of Korean Conglomerate..... I call that a Niche market and they are building a nice Moat for the company. So bottom line, we are entitled to believe and view this company as we see fit for our investment perspective and needless to say, I am in the bullish camp and I think there was tremendous accumulations from the big boys and they are doing a good job of accumulating. I am not one to share what i do with my investment other than I hold DM and I am bullish on DM and I am of the opinion that Mr. Market is wrong but is it really wrong? When you are capable of keeping the price down in order to accumulate a sh.t load of shares from people that don't really understand the true value of a company.
In the mean time, i am patiently holding and believing that i will see such a big pop, so the months/years of holding this stock will pay off big time. Maybe some of the Naysayers should have bought into Palantir and get all these millions in AI contracts but Palantir could not make a dime of profit with it, so lots and lots of companies cannot make a profit for many many years and yet they turn a lot of volume, I prefer a profitable company like DM where the cash alone right now is worth $0.06 per share. So if we were to get into another 2008 downturn or a third world war and the market would fall out and the world would go crazy. Palentir would go to Zero and Datametrex would go to $0.06 based on what we know today, I think after the Y/E financial, Our cash position will have increased again. Therefore the downside will be minimized even more.
Regards,
Fearlessgg
Regards,
Fearlessgg
Comment by
Resilience19 on Mar 02, 2022 1:40pm
We already know that DM will announce $20M cash on hand, at the latest, on 02 May (2021 Annual results). My guess is that 28 days later, (30 May), when announcing 2022 Q1 results, cash on hand will be $30M, which represents 50% of today's mc...