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CLNT 75 million revenue-15 million market cap-8 million profit and 100 million in assets.
Ceo bought before the drop. Looks good short and long, what do you think?
CLNT poised for good short term and long term
75 million revenue with 15 million market cap and profitable.
Around 100 million in assets. Seems undervalued right now. Ceo just bought some before the drop. Looks good imo what do you think?
This was delusional at best. heres why.
you say 99% of korean men smoke. That's worse than delusional. Ive seen figures as high as 50% but not 99%. While it was high in 90's at 70% its not that high anymore. Like others have said, they've outlawed smoking in public places. Korean men smoke more because it was cheap not like the usa.
You say the ecig market in korean men is hundreds of millions. If it's worth that much then you will see plenty of competition.
Sales are declining in the USA for ecigs. Heres why, people want to feel the real deal. E-cig's never fill the void. Most of the people I see smoking them admit that and buy regular cigs still. That fact vitacig has no nicotine makes me not want to invest more.
Here are a couple of sources I think everyone in here should read.
http://www.korea4expats.com/article-smoking-culture-korea.html
http://www.marketwatch.com/story/e-cigarettes-may-not-be-the-savior-of-the-tobacco-industry-2014-07-22
Ceo bought shares before the drop.
On June 2, 2014, the Company sold 290,984 shares of its common stock to its chief executive officer and his wife for $1,623,691. The purchase price per share was the highest closing price per share during the period from the date of Mr. Wu advised the board of his proposal to advance the funds, which was May 2, 2014, until June 2, 2014, when the Company’s independent directors approved the terms of the stock sale.
This isn't rare. In Fact this is overvalued.
I can show you a balance sheet that's rare.
While they have 50% margin they still are unprofitable.
Even if they grow revenue,they are still spending all the money running the company. Gross margin is completely different then operating margin.
This company is running negative operating margin the last 3 out of 4 qtr. The only good quarter they had was 85000 in revenue and $11000 profit.
This is a pipe dream. Too much competition in a niche market for me.
This stock is ugly. Hardly any revenue and no earnings. 15 million market cap? It needs to lose over half for me to be interested in this and even then I wouldnt buy.
CLNT 70 million revenue, 15 million market cap
p/e 1.5
http://investorshub.advfn.com/boards/board.aspx?board_id=7573
CLNT 70 million revenue only 15 million market cap
http://ih.advfn.com/exchanges/NASDAQ/CLNT/stock-price
Cleantech Solutions International Receives Two Patents Related to its Air Flow Dyeing Machines
http://ih.advfn.com/p.php?pid=nmona&article=64193987
Get out while you can, put your money in something better before its too late.
Intro starting to look a lot better. Half of the intro was wrong.
yeah with better financial data to look at. It's Looks bleak. Should say, 100 million in assets atleast.
How do I buy the whole company. Can we get a hostile takeover.
Time to email the company and see what they say about a divi.
If this stock eventually gave out a small divi it might go up a lot. 2 cent would be around 2% a year.
CLNT 70m rev 15m market cap 100m assets. fair value of $36.
Trading at 3.65. Why is it so low? p/e of 1.5
CLNT 70M revenue- 15m market cap- 100m assets- fair value of $36 trading at 3.75 why is it so low. they are making money as well
Yeah I hope they get bought out. They have a lot of assets for a 15 million dollar company. 100 million in assets is crazy for a company this size.
Earnings next week. I hope for something good.
Im buying here. $72 million in revenue, 15 million market cap. Growing earnings. Fair value of $36 a share if they go under. What the heck is this doing down here.
This looks like a sell to me. Staying away
I might nible on this. Looks sound
Damn only 900k in revenue and losing over 5 times that in earnings. This company takes a a lot to run. Millions in the hole. Has 9 million market cap but thats still 10x revenue. Im going to wait on this.
Household name means in every house.
I dont see how this applies. There is no way this will ever reach household status. LOL funny
How when there revenue is dropping?
I dont own a postion either way. I just heard about this and I laughed when I saw the valuation.
The money never lies. Its your friend. Do the math yourself. Your paying over 100x times for there revenue with no earnings. This is not safe at all and I wouldnt be surprised if it dropped imo.
I'll-tell-you-why-you-will-never-reach-the-big-boards
Here are the requirments.
Nasdaq- 50 million market cap or above needs to be 1$ share price
nyse- 50 million market cap or above and needs to be above 2$ share price
With some basic calculation. MCIG has a 65 million market cap but is only at .25 cents. it would need to 4x the current market cap.
While only making 250k a qtr in revenue this would almost be impossible to hold or get there. It means your valuing this company at 250 million dollars and it only brings in 300k in revenue a qtr at best.
This is a pipe dream even at current market valuation. It will go below 10 then 5 cents pps
Like I said, none of that matters when your in a niche market and you can get knock off's cheap. Vape pen, e-pen, pens with actual nicotine are all on the market at the same price point. The margin is low. This wont be able to make massive amount of money becuase its going to be next to impossible to sell million of these. I dont see the growth.
Yeah blah blah, tell me this-
If its brand recognition then why do they only bring in 200k a qtr in revenue? Let's look at the valuation.
lets say a high estimate of 1 million in revenue in a year which is a total pipe dream. They still lose money and have no earnings. so 1 million in revenue and a $65 million market cap. Thats 65x revenue with a good report. Good chance this will drop.
So like I said, Bam can only help so long. You can only live on free publicty for so long. Face it, small niche market that is highly competitive wont go well for mcig and the stock.
YOU KNOW ITS A SCAM WHEN
Or a horribly ran company when-
They put "publicly traded company under the stock symbol: mcig" on the product.
They need to advertise on the product to get investors? Embarrassing.
I would say all the likes are from being popular. They still dont know what a vitacig are or have any desire to own one. They just click the like button because everyone else is. I would be surprised if it generated any interest or revenue.
100k likes, lets say they get 10% which is a high turnover rate. Thats 10000 vitacigs. at 5$ thats only $50k in revenue. I Hardly see how this company will gain any market share in this industry. Too many competitors, not enough margin. Mcig to drop below 5 cents eventually. Pipe dream. smoke it up
I love the video on the investor tab of the website. so happy they were profitable. Maybe for a second.
p.s Good thing was fox was able to have its parade when Republicans took the senate. Cnn on the other hand was crying. Pretty comical.
why did the revenue drop from 260k to 190k. lets say its 1 million revenue for a year which is a high estimate. That's still 65x at current market cap. .04 cents is what this stock is worth imo.
15x revenue and selling to anyone that want's a car is terribly different. I dont why this board wants to compare mcig to big board company's.
Tesla is trading at 15x rev no p/e but sells cars that everyone can possibly purchase. aka not niche market
Apple is 3x revenue with .5 peg ratio. easily worth $200 a share
Mcig is over 100x revenue in a niche market. no p/e no p/eg. It just sucks. Anyway, im done. have fun in your dog shit. Just dont step too hard.
Well good day to everyone, good talking. Just be careful with this stock imho. Peace