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Gold/Mining/Energy : Envoy Communications Group (TSE : ECG) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Ferrari who wrote (133)12/14/1999 3:30:00 PM
From: Sultan  Respond to of 274
 
Did not find anything but I have yet to look on Sedar and insider ownership etc... One point I noticed, share outstanding on last earning release shows. 14.7 m but TSE shows 18+ m.. May be 18m is fully diluted...

Market cap roughly 3 X book, 1 X revenue (numbers are from memory, I have yet to check thoroughly) and growth, although a lot of it is due to acquisition I think..

Quick look on the web site and obvious HUGE disparity in valuation with other companies on the news release and the fact that they have a lot of well known US clients prompted me to take a position.. In @ 8.00 ......