Post by
tsoprano24 on Jul 17, 2024 10:20am
Valuations
A Seeking Alpha writer had his top ten list for second half of 2024 and had Silvercrest as his only commodity pick. After looking at valuations on SA for them didn't think all that great. P/CF 11.57, 3 times book, EV/EBITDA of over 9 and EV/sales almost 6. So I thought I would compare to couple I own, ARMN and ASM. ARMN had numbers of 9, 1, 7 and 2.21. ASM had 44(ouch), 1.3, 40(again ouch) and 3. Then I thought let's try lil MMTMF. 6.78, .31(yowza), 2(say what) and .80(can this be right?).
So, unless numbers are incorrect or I'm reading then wrong, this looks to be more of a hidden gem than I first thought. Thoughts? Is it just poor promotion?
T
Comment by
romara on Jul 17, 2024 10:25am
T.S. ....poor promotion from day one..... originally this group was peddling heart devices... but some how lucked into this property in Malaysia ........... Richard