MBE
Market cap b4 half year figures :$63 Mil
Market cap after half year figures :$57 Mil (as of time of writing)
half year (profit/loss) = (+$1.5Mil)
Enterprise Value = $47 ( roughly)
MKB
Market cap :$100Mil
half year (profit/loss) =(- $8.7Mil)
Enterprise Value = greater than $100 as they do have debt
so a company like MKB can make a loss of $8.7 every 6 months and still have a Enterprise Value almost twice of MBE,even though MBE is growing fast.
Thats how undervalued MBE is.....am happy to be corrected.
MBE Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
