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RealDutch

10/13/21 8:33 AM

#5037 RE: Petrejus #5036

People can talk all they want but it is just talk, and nothing more.

Obviously you will not find a perfect company when the stock is 100x or more undervalued. We have seen this with Solomon (SIAF) even though I tried to explain to people that Solomon is a walking disaster, leaving behind a path of destruction wherever he goes.

I can certainly see some similarities between Solomon and Laxmi. Even Solomon produced a year of 200% growth, remember? Quite a lot of similarities here.

Expected value is $200 when accounting for risk, according to my model. Potential is $1,100. The difference, a NYSE listing. Like I said, the rest is just talk.

snow

10/13/21 9:21 AM

#5040 RE: Petrejus #5036

Petrejus If you hare read all that I have written here you will know that there are a number of aspects of this company that I don't find reassuring. Like HERB I regard this company as very high risk/high reward. I am attracted to that sort of company. Now I am up almost 100% in the Norwegian company that a bought almost a tenth of a percent in last summer. My unrealized profit from that investment is more or less equai to what I have paid for my stakes in ITUP and HERB.