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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?


To: csm who wrote (198)12/15/1998 12:20:00 AM
From: Wizzer  Read Replies (1) | Respond to of 406
 
Market cap of Mond is around 14-15 million as per the current share value. Seems to be kind of cheap for a company with as much sales as they have. This company should make a few million a year on that much sales, at least. I would like to see it at 5 million at the minimum.

THis puts PSR around 0.12 for 1998 and PE around 5.9 at 50¢ share price.

Wouldn't the PE be approximately 4.17 given the PSR of 0.12 that you indicated (quite reasonable PSR, IMO).

Best regards.



To: csm who wrote (198)12/15/1998 8:34:00 AM
From: Mario Gallant  Respond to of 406
 
Stuart

To me everything looks good except that i thought Mond had approx 35.7 mil shares out. Can you or anyone else confirm this number of 28.6 mil.

Regardless what the exact numbers are I couldn't agree more that the price of these shares are grossly undervalued at 0.50 per share. I think that sales for 98 should reach 120 mil since all they need is approx 32mil in sales for Q4 which is historicaly a strong Quarter for them.

Mario.