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GWMAN

02/23/11 11:03 AM

#312 RE: upshegrows #311

At 100M shares the Enterprise value of Valcent would be:

EV = (100M * $.50) + (net debt= $0 - $500K = -$500K)
EV = $49.5M

EV/EBITDA = 82.5X



Question for you, is the EV/EBITDA multiple similar or the same to the PE multiple, as in it works on a similar range of what is low and what is high?
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GWMAN

02/23/11 11:20 AM

#314 RE: upshegrows #311

Everyone has their different investment approaches, but if VCTZF share price is still at 0.20 or lower 6 months from now I will consider my choice to become a shareholder a mistake on my part.

From my perspective, the entire globe and financial markets are too unstable at this point to be invested in a company where one needs 2 years to have any significant price appreciation.

I am not saying I intend to sell as soon as 0.40 or 0.50 is reached, but if I am still in the red in 6 months, I invested my money poorly, as far as my interests and perspective are concerned.

BTW, economies in developed nations will continue to struggle. Additionally, food prices are rising and will continue to rise for several reasons, IMO, and supermarkets will have no choice but to figure out how to supply product for prices they can make a profit on and yet people can afford. Based on these beliefs of mine, I do expect Valcent to get an impressive multiple as they execute some sales, increase visibility, and establish themselves as a economically viable food production technology.