A Luxury Resort for the ill -- Medical Resorts Intl.TRAC Message Board

STOCKTALK

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.

Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TOPCAT1 who wrote (873)	11/14/1998 11:20:00 AM
From: Harold W. Davis	Read Replies (1) of 1126

MDRE is trading so low right now. Based on the recently announced earnings alone, if we assign a Price/Earnings ratio of 20, which is typical for a growth stock, this would translate into a 0.36 cent share price. I hear the resort in Anguila is worth several million US dollars, yet the company has only a CDN$4.2 million market cap. It makes little sense. Hopefully we will see steady accumulation of the shares in the days and weeks ahead rather than the type of action we have witnessed. This will allow the company to trade at it's true value and hopefully trade at a premium to reflect the expansion plans. Davis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next