Today on significantly better quarterly numbers (plus the Nasdaq up almost 12%) SIFY trades at the irrationally low pps of $1.85.
I've upped my Fair Value on SIFY to $4.75
...after announcing earnings of 60 cents/share just two weeks ago.
There's no case whatsoever for KGJI to be trading for a PE of only 2.
Even a moderate PE of 10 equals a $6.00 valuation.
With the Nasdaq soaring there's no reason for KGJI to be trading so irrationally.
With a book value of $2.97 and the Nasdaq roaring there's simply no case whatsoever for KGJI to be trading at a RIDICULOUS $1.32.
Even a BELOW INDUSTRY PE of 10 puts KGJI at $6.00.
Everybody who wants out gets $2.50 per share. Period. Until then I will continue purchasing under 100 share lots on all my accounts. I encourage others here to do the same.
We're in control of SSY, not the board members. The delay is caused by their refusal to listen and understand.
Google: "Jim Kramer admits to manipulating the market" to watch the video. Yahoo does not allow links.
He publicly admitted to manipulating markets. Isn't he in jail? Search YouTube and you'll find the video. Why is Jim Kramer/The Street allowed to comment on any market activity considering his criminal past?
"...Upon deregistration of our shares, our duty to file periodic reports with the SEC will be suspended for as long as we have fewer than 300 record shareholders, and we will no longer be a public reporting company."...
We must not let the number of shareholders drop below 300. Get friends and family to buy a few shares to muck up SSY's plans.
My counter offer to SSY is that everyone with less than 1,000 shares gets $2.50. Over 1,000 shares $2.00.
Earnings were largely irrelevant. JMBA is grossly undervalued. With NASDAQ going through the roof JMBA should be a minimum of $5/pps. Probably $6-$8.
I urge you to do the same.
Enough with this bologna.
If they pay ALL shareholders $1.50 only then will I call off my counter attack.
Volume is horrible today. Apparently nobody believes PESI will be involved in the clean up. Volume is about 1/3 of normal.