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Post by serigotoni on Apr 11, 2015 13:33:38 GMT
Hi, My first post here. I want to talk about Where Food Comes from ticker WFCF , a company I believe is well positioned in a trend for food safety and food verification. Where Food Comes From provides a wide array of verification and certification services to help farmers and ranchers, brands and consumers authenticate and communicate attributes and production methods in the marketplace. One of the scary trends the next years will be antibiotic resistant bacterias. This will put much focus on quality of food etc. and I believe WFCF can benefit from these trends as the number one provider of food tracability. In 2014, WFCF revenues was 8.8 million $ vs. 5.8 $ in 2013 and EPS of 0.01. The stock price is now around 3.05 stockcharts.com/h-sc/ui?s=WFCF which gives it a rather high P/E.
The insiders are heavily invested in the company.
I recommend reading this www.wherefoodcomesfrom.com/Downloads/March%202015.pdf for a better understanding of the company.
What do you think ?
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Post by alpharos on Apr 12, 2015 9:31:22 GMT
Hi Serigotoni, Personally, I think it is a bit on the expensive side. Revenues of 8.8 mUSD and market cap around 70 mUSD gives a price to sales of around 8. However, I would love to enter it lower. I think your growth arguments makes sense.
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