SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Ricks' Cabarette (RICK)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Evor who wrote (11)7/3/1997 9:42:00 AM
From: Peter Longerich   of 154
 
Evor,

Thanks for the analysis.

At this point, do you think Rick's qualifies as a value play?

Selling at 2 1/8 their market capitalization is only 7MM.
They have invested 7.6MM in Buildings and currently have 1.8MM in long term debt. In buying into this company, it seem that we are paying for bricks and mortar rather than dreams and a business concept.

If they could only earn a few million dollars per year, the stock would trade substantially higher.

Any thoughts?

Pete
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext