I bought ORH yesterday,fib.......A baby brother of MXI (had MXI a while back from 0.20 to $1.20....it is now in established downtrend)
A capital intensive business in a bad sector.
MXI is trading at P/S ratio of 0.33 which is double that of ORH....it is reasonable to expect that ORH should double its MC to match MXI.
ORH balance sheet is not robust with tangible assets of only $1m ,giving it P/B ratio of 5.....Outfits in this sector usually trade at 0.5 of their NTA ( MXI is trading at 0.6 its NTA)
To sum it up.....ORH is very cheap for its large sale volume , but quite expensive compared to its sector if we look at its tangible assets.....it is 10 times more expensive ( in relative terms) than MXI.....I like outfits trading at a premium to NTA.
