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BIOREM Inc. (BRM.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.80000.0000 (0.00%)
At close: 11:05AM EDT
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  • R
    Razor
    I can’t believe this company is only valued at $11.5 million. It’s craziness

    But after recent events in the market I’ve got no dry powder left to load up more of BRM
  • R
    Razor
    I’m looking at this most recent news like this. If the transaction goes through and 23+ million shares are bought back and eliminated:

    The current market cap goes from approx $23.2 million to $9.45 million with only 15.5 million shares remaining at the current $.61

    So our market cap goes done by $13.7 million dollars for adding $5 million in debt. They will still have over $3 million in cash as well, so backing out the cash the market cap will really be $6.45 million

    How long before the company gets reevaluated at a market cap more in line with revenue and potential income which should return next year if not the 2nd half of this year.

    Put even a conservative market cap of $15 million. That puts the share price at $.97

    If this goes below $.60 again after this transaction is approved, I will be backing up the truck and adding to my 175,000 shares. Can’t believe I will own 1.1% of the company 🤣
  • R
    Razor
    We should be getting a new release next week to confirm that the cancellation has been processed with the regulatory approval.

    This will send the market cap down to $12,400,000 at its current share price of $.80

    I think we see this move to at least $.95 by the end of the month which would value the company still
    Under $15 million
  • T
    Two
    Interesting company. Profitable, great earning multiples. Probably won’t make any major movements since it’s been this way for a while.

    The balance sheet is solid, although a couple millions in the treasury isn’t a whole lot of cash, so I don’t think we would see any stock buyback/dividend payout prospects in the near term.
  • R
    Roland
    Hey do you guys mind requesting WealthSimple to add Biorem? Thanks

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  • j
    joe
    how is there so little interest in this stock? am i reading it correct or was there not one trade made yesterday and 7 k shares the day it was traded
  • R
    Razor
    Bid price not at $.65 and ask up to $.68 😁 keeps rising steadily

    I’m about to vote my shares in favour of the share repurchase

    Anybody else voted yet?
  • A
    Abe
    I'm surprised that this company doesn't have more visibility considering what it does and who its recent partnerships and contracts are with.
  • R
    Roland
    Check out the region breakdown for 2020 revenue. Their sales in China are gonna be amazing in 2021. This is just the beginning.
  • J
    JJ
    im in here with 50.000 shares my target is $10
    im not seelling any shares under 10
    its a Hidden Gem Stock
  • R
    Razor
    It would be nice to see an announcement of some kind. Maybe some new orders perhaps. I fear if we don’t hear from management until August’s release we will be back in the $.30’s and it took a lot to get us north of that for the past few years.
  • N
    Naveed
    any one else here? looks like a great microcap company that's actually making money. totally long on this after doing some dd.
  • A
    Adam
    When's the next earnings report?
  • A
    Abe
    Nice volume today. Certainly looks like this company is making the right contacts (SAMSUNG, SABIC and the city of New York) and has a foot in the door in the Chinese market where air pollution is a huge issue.
  • N
    Naveed
    check out the ceo interview on youtube with smallcap discoveries. Key takeaway is that they are coming out with new products and will be looking to grow inorganically (M&A) get excited people. This company is like xebec on the ground floor
  • N
    Naveed
    results out. they had positive net income. 70% increase in sales. this company needs to get noticed fast
  • R
    Razor
    Well another update day. Let’s see if we get to my year end target of $1.20 a little earlier
  • R
    Razor
    Just bought another 25000 shares today at $.44

    Couldn’t help myself for the long term hold 👌🏻

    When backing out cash this company is valued at $6.5 million. Unreal value for the future
  • R
    Razor
    Finally some news to get really excited about. On our way to $1.00 with this share buyback and ridding ourselves of the Chinese ownership !
  • R
    Razor
    Great 4th quarter and great 2020 when comparing to 2019

    2021 will see continued growth and profits as well as share price increases

    I think we could be in the range of $.80-$1.00 by year end