CREG Strong Consolidation
CREG, in the sector of energy, has in my opinion, consolidated at a price +/- 7$. The sector has a lot of potential and is extremely undervalued (20M market cap when they have 100M in cash) and they recently completed and audited their 10-k application, which has amazing numbers. Here is a recap of their important numbers :
Cash : $107,8M (2020) vs $16,2M (2019), which is an increase of 565%!
Net income : $4,05M (2020) vs $-8,77M in losses (2019), an increase of 146%.
Stock holder's equity : $92,15M (2020) vs $78,63M (2019), an increase of 17%.
Book value : 29/share
Cash value : 34/share
This is not a recommandation nor am I a financial advisor. Do your own DDs, for me, it is a long term investment.
Cash : $107,8M (2020) vs $16,2M (2019), which is an increase of 565%!
Net income : $4,05M (2020) vs $-8,77M in losses (2019), an increase of 146%.
Stock holder's equity : $92,15M (2020) vs $78,63M (2019), an increase of 17%.
Book value : 29/share
Cash value : 34/share
This is not a recommandation nor am I a financial advisor. Do your own DDs, for me, it is a long term investment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.