Replies to post #48962 on Gold River Productions Inc (GRPS)

[Roofus]

Incredible value ….

Over $7.2 million for their facilities/land and overall real estate.

Once again, that goes on the balance sheet under assets, and is just as valuable as $7.2 million in earnings, not just $7.2 million in revenue.

$7.2 million * P/E ratio of 30
= $216 market cap value.

Divide that by 1.2 million O/S
= $0.18 per share.

In worth, just in their real estate and facility.

Now, that doesn’t even factor in the worth of their technology, proprietary competitive advantages, and any patents, etc. Not to mention their high 7-figures in revenue and contracts, and up to $20 million in projected revenue a year out from now.

So what is all that worth (combined)?
A heck of a lot more than the PPS today.
In my opinion, easily way over $0.30 per share within a year or so.
And paper land ($1.00+) is very much in play as well, depending on profitability.

We already know they manufacture their shrimp cheaper than their competition. That makes them more profitable than the industry standard or industry average. That is great for shareholders ….