Replies to post #1 on Ten Sixty Four Ltd. (MDSMF)

[LouisDesyjr]

I am here, just bought in today

I found this stock through a stock screener yesterday. I was surprised at the low P/E ratio. While last year's earnings look mostly helped by a currency conversion, this years look like they are the base without any adjustments.

I estimated the P/E is less than 4, and it is selling for below book.

I am not sure why since I have seen a number of stocks with nothing but some mining rights and their assets are all expenditures on exploration going up by like x5 or even x10 this year; while this company with earnings and cash seems to be going no where.

I was surprised to find it with a stock screener since with the run up in gold and silver every time you start to look through the list you find out that the earnings are not that solid and the reason the company trades so far down is because it is a money pit.

Louis J. Desy Jr.

[LouisDesyjr]

I am here, just bought in today

I found this stock through a stock screener yesterday. I was surprised at the low P/E ratio. While last year's earnings look mostly helped by a currency conversion, this years look like they are the base without any adjustments.

I estimated the P/E is less than 4, and it is selling for below book.

I am not sure why since I have seen a number of stocks with nothing but some mining rights and their assets are all expenditures on exploration going up by like x5 or even x10 this year; while this company with earnings and cash seems to be going no where.

I was surprised to find it with a stock screener since with the run up in gold and silver every time you start to look through the list you find out that the earnings are not that solid and the reason the company trades so far down is because it is a money pit.

Louis J. Desy Jr.