Wednesday, November 26, 2014 4:44:44 PM
As for my valuation of this company, I have touched on this many times and have expressed my opinion to try to value ROX like any other established business basically doesn't work. You have to look at the numbers, but you also have to look at the company's growth factor, management factor, who's backing it and how much skin in the game they have, but perhaps most importantly you have to look at the value of each brand represented by the company.
What is the value of Gosling's Rum, one of the most popular brands of Rum, the only one people can use in a Dark N Stormy? What is the value of Jefferson's, one of the most innovative bourbon brands founded by one of the most respected people in the industry? What is the value of one of the most popular Limoncello brands on the market? What is the value of the fastest growing Irish Whiskey brands?
Some people try to valuate ROX based on current EPS numbers like they would valuate a stock in the SP500. Obviously, you have to take a completely different approach here. You have to look at ROX as a ball that's been thrown up in the air and be able to foresee where it will be at a certain time in the future. It's hard to catch a ball that travels fast thru the air based on where it is at any given moment. Instead you should try to predict where it will be at an expected time.
Thats why growth stocks like ROX should always be valued at future projections derived and based on a variety of metrics and factors.
For example, how do you value a brand like NIKE when it is in its initial growth stage and having barely tapped its market potential? You must take into consideration its financials, the quality of its products, the demand for its products, its growth rate, the size of its potential market reach, the people behind the company and how much skin in the game they have, etc. Many many factors such as these need to be considered when you value a growth stock like ROX.
Recent ROX News
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - ROX • PR Newswire (Canada) • 12/27/2023 03:25:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - ROX • PR Newswire (Canada) • 12/27/2023 03:21:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ROX • PR Newswire (Canada) • 12/27/2023 03:00:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ROX • PR Newswire (Canada) • 12/27/2023 02:58:00 PM
- Is This The Next Big Gold Discovery In Newfoundland? Early Indications Point To It • AllPennyStocks.com • 07/07/2023 11:33:00 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM