RiceBran Technologies (RIBT)

[magicjs]

Please stop the incessant pumping and the calls for .50c. The $5 calls and .50c calls are not realistic currently.

This is a 2.50-3.00 stock until they execute. If they can get back to 10mm a quarter and 2mm EBITDA they are fairly priced at 10x EV/EBITDA. That's just the steady state of Golden Mills/MGI and existing operations.

With any actual growth they've been citing, revenues should be able to get to 15mm a quarter fairly easily with a larger percentage dropping to the bottom line.

I would say that's probably 3 quarters out, so assuming they don't keep sh1tting the bed I do think we trend toward the $5/share value. I would guess profitability at end of Q1, with some ramp in Q2. Q4 will likely be a smaller loss, and hopefully they can finally provide some encouraging guidance.