Post by
ScarletSpider on Jan 16, 2021 10:50am
Hopefully The Last Time I Put Things Into Perspective
because I don't want to come across as being jealous of those making a killing in companies that are otherwise lot of fluff with some exceptions to them but I will address it. Look up therma bright --thrm see where it is trading and note the outstandings 10 million plus more than what we have according to Stockhouse numbers. I have been following the stock in the past and I will guarantee you it makes piddly revenue next to nothing!!! Thermabrights massive share gains is on its potential covid 19 rapid testing. So let's compare apples to apples--neither the rapid testing nor ppe will resolve the covid problem but they serve a purpose. So if thrm jumps like mad for rapid testing which is definitely needed to keep people in quarantine and away from others ppe is also needed to keep the virus from spreading. So it is a 1-1 as far as I am concerned there is absolutley no way by any sense of logic that a potential rapid test should trade higher than a ppe based company although granted there is potentially more time and monie invovled but so what people chose to invest in that and numbers are numbers i am talkng about the bottom line.
So while thrm is not likely making any amounts of monies for the tests I am not saying this is for sure because people sell test kits but I think it is still under assessment you need to inevitably look at how much monies is being earned by the sales/utilization of those kits. there are companies that are actually generating revenue from rapid testing kits check out DM datametrex and check out its share value. So why on Earth when you look up companies that are making monies off of test kits trade at .175 to a company that is being assessed to my knowledge talking about their rapid kit trading at .49 plus.
Now both companies nowhere make 20 million a quarter. So how on Earth is thermabright that isn't selling any rapid test kits but still devoloping them trading at .49???? Really???? Really??? Yet here we are pulling in at least 20 million over the past two or 3 quarters and trading below a company that has way more outstanding shares, 0 revenue or close to nothing comparatively speaking in a covid field that people were biatching about this for being dead in the water for being after the whole affair is done well what do the companies that have testing for covid have same damn thing unless they adapt their kits which will take more time and monies and further dilution and they have medmira to compete with who ware in that business--thermabright is more skin and bug bites got into the the testing thing Medmira is already there mind you their shares are over 600 million and they did go from .03 to .89 despite that this is the whole crazy stupidity of this all with like again no revenue as to my understanding they were being optioned by an American company but the reason they have been hammered down.
The point is these are severely undervalued and for people to say what does this company have post covid vs companies that make 0 or next to 0 capitalizing on covid where thermabright has piss all in that situation is trading at .49 and Datametrex has the kits out generating revenue and is trading at .175???? Really???? Really????
Again, like I said, I want this to be the last I speak of this type of comparison because no I am not at all jealous about thermabrights share value more power to the people making a killing they should cash out actually if they bought low but just trying to point out how absurd the share value is here and for people to say that we need news or this will drop????? Really???? Really??? we are f'ing pulling in $20 million plus a quarter these typical piss ant pennies trading like thermabright what are they pulling in???? Again just being honest here!
Folks wake up!!!! This is the reason I will not move my shares at such a stupid price unless it was very strategic but you know what I am waiting to build value in solid companies comparatively speaking and will buy and trade the piss ants which I actually don't have very much of as when a few traded high I took the profit at the half way point--when sectors are hot and companies have nothing they trade high. tgs is in esports and it is trading as high as this more or less. You know what its revenue is $300k or there abouts yet it is trading .20 Really??? Hey just being fair I said that about others despite having skin in the game.
Like I said, I call it as honestly and objectively as possible. Is ppe and not having anything after this a concern no--the company has protective equipment offering to firefighters, police etc plus harnesses utility things like knives and over 1.5 million products to sell through Unifire. They also have professional training and consultation so I am not concerned beyond the ppe even though that is a huge part of the earnings right now.
Here is what I strongly believe is happening--you will see subsidiaries open in the Philipines, India, China etc. They will manufacture and distribute ppe protect the force etc over there that way the supply channel is within the region, the manufacturing costs will be on a scale of economies basis where it is cheaper than to get it manufactured in Jackbro but those things will be supplied to the region(s) closest to those that have the plants. The US will likely still be supplied by the Jackbro plant.
this set up is most likely a few years away still being built from the previous one over this one into the next one but I do strongly believe that you will see the emergance of them coming this year despite the challenge of trying to get anything done with the pandemic going on so it will take a little more time but there should be some sort of inroads.
Now given this and scales of economy i am saying that the company doesn't need to consolidate to still reach $10 a share. I suspect there will be a few things that will reverse the fortunes here
we will see a reversal on the court decision and it saying yes it is discriminating towards the company and that it will get prime vendor status back as well.
we will see protect the force start to surface and contracts with them. We had one last year that got welched on so despite that and saying what I have if you remember the job analyogy despite what happened it is still a sign that the protect the force is here and there is interest why it got welched on is another story and unfortunate so it isn't that there isn't any interest there is something happened and it was unfortunate it happened several years back with the $500 million order. But that being said, remember where to put the focus--there is an interest of $500 million we saw a 2.5 or was it 3.5 million purchase order last year and that we the tech is still being proven to be well worth it--really just a matter of time that is all we need to focus on nothting else and there is no reason whatsoever that will not take place -- 0 zilch nadda!!!
So with cut production costs and lead times along with distribution the company can optimize profits in this way where the gross profit margin should bump up really nicely so yes international business is a huge and key piece of all this for a really good share value and that will continue to be built on. I don't have any doubts that the results will be fully felt within 3 years time building from the previous one through this etc.
But during which with more contracts and progress on what needs to be done along with supply status and court rulings there is no reason this equity should not trade upwards of a buck. A piss ant with nothing at .50???? So why is this not justified to be more than double that actually????? So there is no reason this should not be right now a buck--I gave you very solid justification as to what I have said unfortunately comparing companies but I do that just to say to you guys really this is so stupid and to people who who think about selling due to share value just go and look at other stocks and see what they are doing and why but again if you sell to gain off the damn piss ants congratulations.
All in all this company is worth way more and is not worth selling at this price and people need to start paying the fair value which they are and will continue to do so. Anything talking about a drop in share value is totally unjustified actually again just look at what i have shown here!!!
Comment by
NoRetire on Jan 16, 2021 12:04pm
is there a shorter version of your thoughts? Lol Your faith in MRS will hopefully be a beacon to fortunes for other shareholders
Comment by
StockNewbie17 on Jan 17, 2021 10:40am
It's Scarlet Spider, she has to babble like a clown.
Comment by
ScarletSpider on Jan 17, 2021 6:39pm
just like you need to be in ignorance stocknewbie? Well I guess we are who we are!!! Good luck all the same.