Replies to post #102404 on Amfil Technologies Inc (FUNN)

[User-65225]

I trade companies that have little to no revs and they're up this valuation level. Even if AMFE only has $20,000,000 revs in FY2018, which imo is lowball, it is valued less than 4X forward revenue right now... After doing the DD, does anybody doubt that this will be the lowest quarter during FY2018? Midtown alone will boost future Qs, along with Natural Stuff, the self published title, franchising, GRO3, etc

Now compare to a stock like EAPH which has zero revenues, years worth of broken promises, mass dilution and its worth about half AMFEs valuation.

Id rather buy the company that is actually PROVING growth, with minimal/highly effective dilution... the ticker with a PROVEN, profitable and highly expandable concept, which they have perfected.

AMFE is relatively cheap

[Macod]

Adding to Mountainman's analysis.

All you need to know from tonights PR:

1) we beat Q2 2017 by 110+%
2) 2nd highest qtr ever
3) although revs were $2.6M lower than last Q, gross profit was up 500k!
2) we have already surpassed FY 17 revenue by more than 50% and we still have two quarters to go where some major contracts will be recognized.
5) Company has grown cash on hand each of the last 3 qtrs (now at 352k)
3) the OS is less than it was last Quarter
4) we are rapidly expanding the business and still profitable.

Not as big as I expected. But we are growing fast, profitable with minimal dilution.

Case closed. If you don’t want to wait it out then get out.