BB's Stock Haven

[geodan]

My 3 Year CAGR is 97%, 20.25 YearIs23.86%-HowYouCanDoItToo

Many people on iHub chase worthless stock either out of business for years or losing money so bad they will go out of biz, WHY? I have seen it here for years.

If you buy a stock (company) that has 20% or 30% or 40% annual profits or EBITDA yield you get a built-in 20% or 30% or 40% edge each year. That is what I do, most stocks I invest in have those type of yields and I often get 5 baggers, 10 baggers or better. Right now have a 30+ bagger in Petrus and a 20+ bagger in TGA. You can see my broker statements that back up my profit claims above in title on this post, in the below article.

Have written up a stock with a setup to 10 bag, Globex.

Globex Gets Big Royalties For Free, A Deep Value Stock For The Commodity Super Cycle
https://ceo.ca/@geodan/globex-gets-big-royalties-for-free-a-deep-value-stock-for-the-commodity-super-cycle

It has an EV/EBITDA yield over 60%. Here is how the article starts:

Summary: Globex is a mining royalty company and a mine and mining claim wheeler/dealer with high growth, and deep value, and that is in the right place at the right time.
Globex often gets a 3% GMR, or Gross Metal Royalty, not the more normal 1% NSR. Since they sell the properties for a profit, those massive royalties are for free.
A 3% GMR is extremely valuable, if a mine they sell produces $2 billion in sales at a 10% profit ($200 million) Globex will get $60 million or 30% of the profits yet has no risk nor investment. If a client miner sells $2 billion of minerals and loses $50 million, Globex will still make the $60 million in profits.
They have over 200 mining properties and dozens of royalties yet are at a dirt-cheap valuation of Allen EV/EBITDA of 1.55, ROCE of 1,926%, Current Ratio of 131 and with Sales Growth of 335%.
Due to having so many deals in place Globex will be a legitimate drilling results news machine on steroids. They pay nothing for the drilling yet benefit greatly when results are good. If 15 clients drill in a year Globex gets the news flow from all of them.
There is only one other deep-value company I know of that gets mining royalties for free. That is GoldSpot. I have a large position in both and think both are outstanding investments.
Globex has high insider ownership and a long record of avoiding dilution and wasteful spending.

This video of interview of CEO explains how the company operates:

Give profits and value a try.

Cheers