Post by
Value2020 on Nov 24, 2020 7:19am
Forward PE of 3
MJS had a net income of a CLEAN 4.7M last quater. Projecting that over next the year, MJS will easily earn over 20M. With current market cap of little over 60M, MJS will earn their market cap in the next 3 year or sooner.
Most gold producer are trading of forward PE of 15 or higher. With china discount the PE should be at minimum of 10.
Share should be a minimum .20c.
Comment by
Santa12 on Nov 27, 2020 2:24pm
Yes, they did everything right this year, but the stock price doesn't rise until they pay dividends. And they don't pay dividends until they're listed in HK.
Comment by
Value2020 on Nov 30, 2020 7:50am
I prefer they: 1. Pay off the debt first. I think debt is almost paid. 2. Buyback 10% outstanding shares. 3. Rinse and repeat step 2.