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Message: some points to keep in mind

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some points to keep in mind

posted on Feb 04, 09 06:48AM

I was going through the annual report recently and there are some points I thought are worth mentioning.

1. Right now the stock is trading at 8 cents. It's book value is 11 cents per share. It's undervalued by 27%

2. Yes the company lost money, but its moving in the right direction losing less than last year. If the trend continues, it'll do fine

3. The company president loaned $700k to the company. I think that bodes well for the operation.

4. Oil prices are down but when (not if) the economy turns around, oil prices will rise creating higher revenues for Lexaria.

I think those points are worth keeping in mind. glta

#	Title	Rating	Author / Date
2	Re: some points to keep in mind		ioweiowe Feb 05, 09 06:51AM

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