Post by
Ciao on Jul 31, 2024 9:30am
valuation
GSI still has the potential to hit $35M in rev (with a $9M Q4 rev target) and .04 EPS, at .50 share price, that is 12 X EPS (they also have .10 cash / share) and 1.3X P/S, PEG would be at under .30, there's value there
who knows how low panicked sellers will take this down, but when calmer heads prevail, there's the risk / reward equation to consider esp. giving all the market verticals GSI has expanded in
Comment by
davewho on Jul 31, 2024 10:25am
Doug did comment at the agm about the buying interest on the US side. Today is a prime example. Panic on the V and so far a nothing burger on the US OTC.
Comment by
Ciao on Jul 31, 2024 10:27am
They can buy on the CDN exchange side as well, nothing stopping them.
Comment by
fergus2 on Jul 31, 2024 10:29am
Arbitragers are probably chipping away at it right in terms of U.S and Canada.