Datametrex AI Ltd V.DM

Some Comments on this Board Don't make sense

[investit]

So I have been reading some of the posts on this board and am perplexed at what I read.

Alot of so called investors keep saying that the Covid sales don't matter because it's a temporary thing and yet 2 years later we are still selling test kits. This has allowed DM amass 10's of millions of dollars. 

The cash received from the test kits will now be used to buyback shares on the open market but some people on this board say that this won't make a difference to the share price. Think about this for a moment. If you have 10 people having to share an apple they can only each eat 1/10 of it. But if only 5 people are sharing the same apple then they get to eat 1/5 of the apple with is twice as much.

So how can they say that a share buyback won't really affect the price! SMH

With every positive news release the share price goes down and these same people say the market is pricing DM correctly but fail to see the if DM was priced correctly before the news of the buy back which was at around .165 then how can this news bring the share price down to .14 and still say the price is correct. Makes no sense!

What I have learned over the years working in bank finance selling mutual funds and such and as a Chartered Financial Analyst candidate is that the share price of a stock doesn't always reflect it's true value. 

The market is irrational and emotional and has a mob mentality. Opportunity goes to those who are not emotional and use all the tools available to personally come to the conclusion of whether a stock is overvalued or undervalued.  The tools and information are there for all to use, so stop listening to people that are irrational and clueless.

[dirtydzn]

Well they can't buy back 175 million shares or half an apple... while it will have an effect it won't be to the degree most anticipate.

[Iamapothead]

I think you might be misunderstanding some people's posts. I regularly state that the SP is where it should be and COVID testing doesn't matter. I agree with you that there is huge value in that vertical and it may continue for a while yet. However, it is finite and one day won't be there. Markets are forward looking and don't look favorably on revenue that will diminish over time.

[Investor10X]

However, if we go along with the premise that markets are forward looking, than they certainly didn't see the continued revenue that DM was taking in from covid for a much longer time than expected.  Nor does the market seem to see the forward-looking value of that revenue in the expansion of the company.  And the market doesn't seem to be very forward-looking to see the value of

[Iamapothead]

You make some good points and I don't have all the answers. Yes that forward looking vision of the company and their aspirations is a big deal and it is why I chose this investment. However, it's still just a vision and doesn't translate to bankable revenue YET. Even the $40M contract that you referred to is vague about the length of the contract. I assume the government can stop

[MaterialWorld]

Great post investit. A share buyback is positive news for a company. It shows confidence in management while also showing that we cash on hand to spend/invest into our company. It also shows confidence that future business will not only support our buyback/investment, but will give us the cash on hand to purchase/invest more into the company. A share buy back sends a powerful signal to potential

[MaterialWorld]

I see DM trading at 0.11 EURO's, or 0.1485 cents CDN at open with 41,000 shares traded on Tradegate. I know it does'nt mean much however, every little bit of info helps. Have a great day folks..........MW