InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,283.60
(
-0.64%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
84.89
(
-0.14%
)
Bitcoin
64,771.69
(
-0.08%
)
Post# of 68548
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

deal guy

Send PM Follow Ignore
Followers 15
Posts 824
Boards Moderated 0
Alias Born 12/12/2013

deal guy

Re: adammh post# 44760

Sunday, 11/05/2017 10:29:26 PM

Sunday, November 05, 2017 10:29:26 PM

Post# of 68548
LRS isn’t going to pay more than a market multiple. Commodity chem companies like fertilizer don’t sell for more than 1.5x revenue. LRS will know that companies trade at that multiple. You could see a price of $5-10m including debt. After conversion there is still $3m of debt.

To get to prices of $50 m or more this company needs to demonstrate a lot of sustainable revenue. Not there yet
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up