Ill start by saying my sentiment should be "curious" but I am fairly new with trying to understand how to value a company properly.
This may sound silly but with a revenue of $227.5 million but a net profit of around $2mill, thats huge revenue but tiny profit margins ? I see they have invested a small portion into exploration costs but ay idea where I can find where the rest of the costs have gone?
Also if they have $80+mill in assets and profit is $2mill, then the company should be valued at around $100 million market cap max? Is that correct? First time really trying to value something here the best way I can.
No downramping or upramping either, just asking.
Thanks!
S
- Forums
- ASX - By Stock
- SLR
- Lagging
Lagging, page-43
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online