Peter Paul de Vries / Value8 company.
Previous notes:
September 12th 2017:
Losing money, no activity.
Book value: 800 000 Euros
Market cap: 30 000 000 shares x 0,15 Euros = 4 500 000 Euros.
Seems expensive here. It is selling at 5,6 times what it is "worth". Share price: EUR 0,15
September 12th 2017:
Losing money, no activity.
Book value: 800 000 Euros
Market cap: 30 000 000 shares x 0,15 Euros = 4 500 000 Euros.
Seems expensive here. It is selling at 5,6 times what it is "worth". Share price: EUR 0,15
October 20, 2018
last year after Septmber price shot up to 0,30 Euros per share from 0,15 = a good time to sell
Now not "Nedsense" but "MKB Nedsense".
Book value : EUR 1,3m
Debt: EUR 9m (at 1/2 year, one company has been sold to pay down debt).
Marketcap 34 000 000 shares x 0,18 price per share today = EUR 6m
Still seems expensive 6m book /1,3 market cap = 4,6x book & no profits. Share price: EUR 0,18
June 2020 today: Share price EUR 0,14
The figures for 2019 have not been audited. (A 2 year accounting period Jan 2018 - Dec 2020).
Book value EUR 6,7m
Market cap: 88 000 000 shares x 0,14 = EUR 12,3m
Earnings per share 2019 0,01 "PE of 14?"
No debt. Debt has been converted to equity, hence the increase in shares.
No comments:
Post a Comment