Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The earnings are far too low for this share to be of interest to anyone. It’s a pointless business. Huge turnover with no profit is a waste of time. Why anyone would invest in the company is a complete mystery to me.
Must have money to burn.
It’s very simple. The profitability is very poor and shows no sign of a dramatic turnaround. Low/no profits equals poor share performance.
That research took me less than 10 seconds before I decided this company was not for me.
Deliveroo is a newish company and may well turn out to be a great investment in the future. SIG has been around for a long time and has many years of mediocrity under its belt. I can’t see that changing anytime soon.
You are comparing apples with pears.
I don’t knock the share. I merely point out some of the fundamentals. Investing in a company which isn’t making good profits is a major red flag.
There are other serious issues as well but investing in a profitable company has to be the main goal of any investor.
Because they feel they will make a good return on their investment.
They’re not daft. No way do they feel the same way about SIG. The numbers speak for themselves. If I can work out what a bad investment SIG is you can be sure they can as well.
I don’t know how you can say the share price is highly undervalued. The profit generated by the company is extremely low on such a large turnover.
Why anyone would take the company over and pay such a large amount of money for such a miserly return is a complete mystery to me.
The company is just full of busy fools. The amount of effort generated to produce such a large turnover for hardly any profit is pointless.
You should know by now construction will experience a massive boom over the next 4 years followed by a massive crash along with the rest of the economy. The micro issues you refer to should be completely ignored.
The only thing that will stop the boom is WW3.
The only possible reason I can think of is because the company used to be extremely strong in the insulation market and there is a huge ‘green’ push by the government.
Investors have decided that SIG must therefore do very well. Unfortunately it’s not that simple. The company is a shadow of its former self and has been left behind by competitors.
Anyone that looks at the basic fundamentals of the company knows this is not a company that is going to make shareholders money. Just the opposite in fact.