tag:blogger.com,1999:blog-754894216207950592.post8380241659532100205..comments2024-03-17T20:17:54.833-07:00Comments on NoNameStocks: VII Becomes VCONDan Schumhttp://www.blogger.com/profile/05728696891530868697noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-754894216207950592.post-66733036544723540092019-01-09T10:52:45.794-08:002019-01-09T10:52:45.794-08:00Total equity of this company is now only 1 Mio. Th...Total equity of this company is now only 1 Mio. The company is cash flow negative, records very high retained losses and the last results was a loss of 1.6 Mio.(with a history of losses). So I guess that this company will be overindebted very soon. Most likely a cero. <br /><br />A tip: Look for retained earnings (price to retained earnings) and not so much for price to book: <br />http://review.chicagobooth.edu/accounting/2017/article/why-value-investing-buy-signal-out-dateMichuhttps://www.blogger.com/profile/03414971091277943787noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-34928444932734275912018-08-31T03:34:29.694-07:002018-08-31T03:34:29.694-07:00I don't see a catalyst. Just looks cheap and ...I don't see a catalyst. Just looks cheap and I'm waiting. CETX bought their stake not too long ago so maybe they'll do somethingDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-45011683244364416742018-08-31T03:33:50.466-07:002018-08-31T03:33:50.466-07:00yes I am. CETX is one I bought but haven't fo...yes I am. CETX is one I bought but haven't followed back up on. I couldn't tell you a thing about it right now. Often I buy based on a PR or chart movement or filing or something, without knowing much about the stock or company. I have to go back later and read moreDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-62880361287991007032018-08-31T03:32:18.220-07:002018-08-31T03:32:18.220-07:00Yeah I've heard some of that. I don't giv...Yeah I've heard some of that. I don't give it a lot of thought. Stock is cheapDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-59766453783362172372018-07-18T02:40:09.481-07:002018-07-18T02:40:09.481-07:00the 7m Long term debt is what can bring them downthe 7m Long term debt is what can bring them downiotahttps://www.blogger.com/profile/04353887412722440077noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-35847626587698702022018-07-17T23:25:18.285-07:002018-07-17T23:25:18.285-07:00What do you see as the catalyst for the company tu...What do you see as the catalyst for the company turning it around? They've been losing a sizable amount of cash each year for a long time now. 3mm last two years and 4mm in the first 6 months of this year.Akhttps://www.blogger.com/profile/09646479250565629294noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-51752415103517731902018-07-17T14:51:04.419-07:002018-07-17T14:51:04.419-07:00I see you are long CETX as well? What's your o...I see you are long CETX as well? What's your opinion on that? valuation?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-39232311372822752042018-07-17T08:30:23.797-07:002018-07-17T08:30:23.797-07:00My last comment via editor of www.saadvisory.com ....My last comment via editor of www.saadvisory.com .We initially recommended (vii) @ .40 months ago. We have legs in the game snakeshttps://www.blogger.com/profile/11766552363936501374noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-52404225127540430052018-07-17T08:27:39.505-07:002018-07-17T08:27:39.505-07:00you are 100% correct would agree upon everything! ...you are 100% correct would agree upon everything! CETX could steal this cmpy will little issue by offering cetx paper. The herd always plays in the wrong sand box! They hate cheap but like expensive (tsla). The real risk is not owning vcon at current levels. We like it as well and have been addding Billsnakeshttps://www.blogger.com/profile/11766552363936501374noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-20230400725498953652018-07-16T23:03:38.994-07:002018-07-16T23:03:38.994-07:00There've been some serious-sounding allegation...There've been some serious-sounding allegations of fraud and stock promotion against CTEX: https://seekingalpha.com/article/4048274-cemtrex-documents-photos-signs-point-deception-failure<br /><br />They're just allegations, of course, but after reading that article I'm not trusting CTEX management further than I can throw them. And they're in a pretty good position to suck VCON dry if they want.Jaapnoreply@blogger.com