good entry @ moment i expect surge after lunch and, page-4

  1. 2,499 Posts.
    i dont know if we're in for any surge, who knows we may well be but IMHO:

    -the company at 33c has a market cap of $38m, i think
    -the company is managing a small profit only at the mo, maybe 2 mil before writedowns
    -occupancy rates are falling which means falling revenue
    -management have stated they don't really know how to run the business well
    -for a price of 33c to be justified you would have to expect profits to go UP from here. (current PE on 33c is 20++)
    -how you would expect that with a board lacking the necessary skills in the trade and possible falling revenues, means you'd be pretty brave -- hope those consultants the company has engaged know how to work miracles!!

    just mho i'm a mug punter
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.