sappas schreef:
Wat reacties uit het message board van Yahoo.
WHY FMDAD FAIR VALUE IS $10 + CONSERVATIVELY
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Trading at 4 x forward EBITDA (cash flow) and 0.5 x sales, FMDAD is the most undervalued stock on the NASDAQ MARKET IMO based on financial metrics.
IF FMDAD TRADED AT TYPICAL 12 X CASH FLOW IT WOULD BE $10 +
IF FMDAD TRADED AT TYPICAL 2.6 x SALES OF E-LEARNING ST0CKS IT WOULD BE $18.
FMDAD has all the ingredients for rapid appreciation, 2 MM float, cash flow positive, exponential sales growth trading at a 80% discount to peers in a booming sector.
FMDAD WAS OVER $1,000 5 YEARS AGO, $30 AS RECENTLY AS 2005 AND IS NOW ACHIEVING THE BEST FINANCIAL RESULTS IN ITS HISTORY.
FTGX is a in a booming recession proof sector, e-learning and had strategic relationships with many huge blue chip clients like Apple and Microsoft. FMDAD will continue to benfit from the huge growth in e-learning.
Here are some other reasons why FMDAD is an attractive investment:
1) 4.6 MM shares OS with a very small float with large institution ownership
2) Forecast $2 MM EBITDA for second half of 2005. This equates to $4 MM annualized EBITDA.
3) Very hot sector, e learning.
4) Strategic partnerships with many blue chip clients like Microsoft and Apple.
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You make a good case. And nice to see someone posting something that's actually relevant and has some basis in due diligence. I also think FMDAD(FMDAY) could pop to $10 in 2007. It's been beat down so hard since 2004. The company is not in worse shape than a lot of higher-priced stocks out there (and by higher priced I mean higher market cap). They're on the cusp of profitability but unfortunately they've been on the cusp for a couple years. Per their Oct 25 PR, they've got the financing to get themselves to cash flow positive, which is supposed to be the first calendar quarter of the year (aka right now). They need to come through on that. Too many quarters where they've made a promise and then come out and say "we didn't quite get there, maybe next time." If they come through, I see $10 in 07.
Groetjes,
Sappas