InvestorsHub Logo
icon url

2times2

09/27/16 7:51 PM

#1708690 RE: winmeny #1708544

SVTE - now at entry pps and here is why:

Magnificent share structure for Service Team Inc. as of September 27, 2016 is:
Authorized Shares: 500,000,000
Outstanding Shares: 197,638,436
Restricted Shares: 8,439,296

Market cap only $330k, which is one third of current quarterly revenue and one fifteenth of the expected annual revenue (5M).
http://finance.yahoo.com/news/team-completes-...00784.html

Summary Annual Revenue

Expected 2016 = $ 5.0 mln ( 92% increase over 2015)
10K 2015 = $2.6 mln ( 100% increase over 2014)
10K 2014 = $1.3 mln ( 30% increase over 2013)

Proper appreciation would for this sector be twice the PS ratio...around 5 cents. We should at least see 1-3 cents by EOY.

Now 2 subsidies; both profitable with high sale numbers:

SVTE acquired deltastag (revs now ~3.6m annually; small operating profit last Q) in 2013, last month they acquired MCV comp. INC (private business with ~2m rev last year and running on operating profits). SVTE paid some cash for MCV (generated by a non convertible non toxic loan), some shares. The lack of guidance brought the pps down from the cent threshold to the 0.002s.

Almost debt free:
Only a fraction of one small convertible note left this year. Two small notes with maturation dates in the Spring last year are anticipated to be bought back by the company.

All in all a gem at the current entry pps...amazing potential.