Yikes, Celtic Kicked Ball into Its Own Goal!

Celtic plc (LSE: CCP) defender Cameron Carter-Vickers got confused and kicked the ball into Celtic's own goal by mistake! Yikes! Their match vs. Club Brugge was a 1-1 draw, but Celtic earned a valuable point, and they remain undefeated at Celtic Park in 2024.

In March 2021, Club Brugge attempted to sell a 30% stake to the public in an IPO on the Euronext Brussels stock exchange. JP Morgan determined Club Brugge was worth an enterprise value of €229 million or 3.35x its 2021 revenue of €68.35 million. They withdrew the IPO due to a lack of investor interest, which wasn't a surprise because Club Brugge only has a localized fan base in a small Belgium city of 118,509 people.

Celtic is in a much larger city of Glasgow plus Celtic has an international fan base. Celtic reaching an enterprise value of 3.35X revenue early next year is realistic. Celtic generated revenue in fiscal 2024 of £124.6 million, which would equal an enterprise value of £417.41 million plus it has £77.2 million net cash (as of June 30th). This would value Celtic at a market cap of £494.61 million, which equals a CCP price of £5.22 per share or $6.63 per share for CLTFF.

Celtic is more than just a football club. Celtic is a way of life for millions of Scottish and Irish people around the world.

Liverpool's most successful player of all-time Kenny Dalglish originally played for Celtic and got transferred to Liverpool in August 1977. Dalglish was born in Glasgow and after leading Celtic to four Scottish League Championships, led Liverpool to six English League Championships. This is why many Celtic fans also like Liverpool and wear scarfs that are half Celtic/half Liverpool.

Liverpool is running away with the UEFA Champions League and just defeated Real Madrid 2-0 giving them 15 points. Manchester City was heavy favorites to win the UEFA Champions League, but they currently have only 8 points the same as Celtic. Imagine if Celtic faces Manchester City in the February knockout round after Celtic defeated Manchester City in North Carolina this summer!

Augusta Gold (TSX: G) Executive Chairman Richard Warke is making a killing on his Liverpool investment!

Based on the US$600 million that AngloGold Ashanti (AU) paid for the North Bullfrog and Sterling gold projects directly adjacent to Augusta Gold (TSX: G) with approximately the same amount of oxide gold resources as Augusta Gold's Bullfrog and Reward gold projects, any price that AU pays for G of less than $9.30 per share will be a relative bargain. G isn't going to sell for $9.30 per share but we believe it is realistic for G to be acquired next month for $6 per share.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.