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.