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bullforever

05/16/15 8:31 AM

#27727 RE: Congo Mining #27722

Stock price is not always positively proportional to its fundamental.

That is why some stocks are very undervalued and some stocks are very overvalued.

Flippers and shorties can depress a good company's stock price forever if the longs are not effectively united together to burn them. That is why some companies are undervalued endlessly such as our BAA. You actually know that some stocks valued 10 x their book values while some others valued 0.1 x their book values for the life time of these companies.

If we can easily burn them by our united effort why not do so?
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TexasRambler

05/16/15 9:00 AM

#27734 RE: Congo Mining #27722

good post, congo. I think a lot of us want more shares and will try a number of things to get them. My reason for flipping is twofold. one I have a gambling itch that needs scratched occasionally (There are no casinos in Texas, after all ;-) ) and two, being disabled I have very limited income.
The one thing I have mentioned but have not put numbers to, is how much in future earnings is the financing deal costing the company. While it may not be dilutive, it will reduce earnings some until it is paid off.
Don't anyone take this to mean I think the deal was bad. It shored up a shaky balance sheet and reduced a liquidity crunch in one quick move. I think it will help the share price higher far quicker than if it had not been done.
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TheProfit

05/16/15 10:13 AM

#27759 RE: Congo Mining #27722

Great post
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fazlice

05/16/15 11:56 AM

#27775 RE: Congo Mining #27722

Now this is a solid post. Great job.
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~ Blue ~

05/16/15 12:20 PM

#27778 RE: Congo Mining #27722

Great post thanks:) but it is very conservative.. why?

Q1 net profit: 6.78 million dollars. EPS: 3 cents (RAINY SEASON)

Q2 net profit will be a lot bigger why? DRY SEASON more production. PLUS LESS interest payment. because 90 million dollars forward gold sales.. payment of some debts will reduce interest cost.

my Q2 expectation between 12 and 18 million dollars net profit. it means DOUBLE when you compare with q1

Q3 net profit expectation with full production of second mine Namoya LESS INTEREST COST AND DRY SEASON..

with current gold price minimum 20 million dollars net profit.. EPS: 8 CENTS

Q4 LIKE q3.. 8 CENTS..

IF GOLD PRICE HIT 1,300 DOLLARS AND STAY THERE..

ADD ANOTHER 20 MILLION DOLLARS TO NET PROFIT

expecting multi-dollars shares price with q3 results..

SO you don't need to be to conservative.. lets act like liberals:)....

have a great weekend..