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From news today no change to float. Ita in the PR
https://www.nasdaq.com/press-release/century-petroleum-announces-name-change-to-ibeto-cement-international-corporation-and-files-for-20180628-00749
Thats not a link bunny.
Ill tell you what. Ill link the pr from today if you link sources to back up your opinions.
AND They have said no split... so. Mic drop.
48 yes. That is an easy potential target to hit for a cement producer.
This is just the beginning. Lots of catalysts and info will keep coming down the pipeline.
With a higher EP rating.. and when all four facilities are up, 180 is possible, though that would be a looong term projection.
Cement isnt a small industry... its very profitable.
48 to 61$ once rm complete is my best guess with a 20-25 EP value.
You can play with the EP values - the numbers can range greatly. But its dependent on the market, and revenues.
6-26-2018 Article: Century Petroleum Corp. (OTCMKTS: CYPE) Jumps Back on the Radar
https://oracledispatch.com/2018/06/27/century-petroleum-corp-otcmkts-cype-jumps-back-radar/
Lol.. that has absolutely nothing to do with $cype.
They have spent over a bill in plant development alone... proving that will be easy imo.
All aboard! Next stop - NASDAQ!
Hah you're so funny.
Legit firm! Thats huge.
Higher highs, higher lows...
And no more delivery ward bottoms .:D
Not likely. Even an RS isnt scary when its a multi billion dollar company. Do you see $d+s shareholders running when they split? Nah.
Exactly. Its not the state of today that matters. Its what is after Ibeto has taken it and finished the merge.
Not a typical pinky company.
Midcap yes, small largecap perhaps. Not a stinky pinky company.
You realize decisions on companies should not be done via democracy?
Super voting puts the company direction to stay with the company leaders, with input from shareholders.
Its good management. Nice spin though.
Google has super voting shares. Go ask them why they did it.
You dont, and I agree this is going to Nasdaq.
Ibeto cement has 2 plants sitting on huge limestone quarrys that have a production of 3.7m tons a year.
They are working on building 2 more.
They have their own load dock, do imports and bag the imports at their facility. Its not just local production.
(#s from memory on production)
Most hedge fund managers ignore anything in the penny stock range. If thats true... thats awesome.
Thats his personal net worth... the companies net worth is higher.
Yup! Not a pnd, real co, were getting real assets coming in soon. Can even google map the facilities! Its not a PO Box conpany in a UPS store either.
Many BIG companies go public via R/M. Its rare to be a part of it. This is exciting days!
CT posts on stocks that run. It's more like an ambulance chase than a queue for anyone to do anything. Seen plenty run with CT videos being posted.
Depends. I've done revenue projections, and comparative analysis againt the competition. A mid-range marketcap in the industry for cement lands at 13.3B. Low 3B, high 31B. Pick a number, they all look great.
Revenues and asset summaries will provide information to pinpoint.
Its been said before. You dont trade the AS, you trade the float.
A huge billion dollar + company gets a huge AS authorized... They wont be dumping all those on everyone. That would be a bad company move - its to prevent hostile takeovers.
<3 real company, big business, big industry. At pennies? Mmm yes.
No pump. Just an reverse Merger with big business.
It will get even more exciting as we move higher and people realize this is nasdaq bound. :D
Ohhh its ok. Haha no worries.
Im waiting for more info to refine it anyways. And can repost.
Can you delete my snark post. Hah
Yup. Thats what i calculate based on everything I know... been spending a lot of time studying this stock and the market.
Calculations will change as we know more. But its safe to say it will be worth more than the measly cents its at.
Go $cype !
Cype news out!
Green trending days ahead!
That's a nice chart.
Why you linking that to me? I'm not their support dept.
I agree. Hard to stay optimistic when its on a multi-week beat down with no definitive answer on when forms and information will come through.
Still - very optimistic though. I think once catalysts hit the old highs will be passed.
They are handled by MMs, but MM can buy or sell to retail as well. Ie: I can sell 911 shares and an MM pick it up making it .00099 - though it was initiated by retail not the MM. They cant be trusted for legitimate sources that news is or is not incoming.
Confirmed. No news is planned for tomorrow per Angel on telegram.