I've been doing some back of the envelope calculations about this company and it looks to be a very good buy.
The market cap is just $18m and this is supported by nearly $10 m in cash and some very good (and hard to get) financial services licensing.
it also has over $4 billion in funds under advice, management etc which will have to generate fees of millions every year.
In recent days have announced $1 bn provides a $500k advice fee. Another $700m has about $1.9 in revenue (@.275% of assets).
They have made losses recently but that looks set to change on the back of these deals already.
Have I missed something or is this stock super cheap?
KAM Extreme Value
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.33M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 75500 | 1 |
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| Last trade - 16.12pm 07/06/2024 (20 minute delay) ? |
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