RE:RE:FROM CEO BOARDThose number are not mine; Mine is: sale is 10,000$/site x 2750 site =27.5M$ revenue x 50% profit = 13.75 M$ profit by year or .62$ / share (22Ms) x 30 ( P/S) give 18.75$/ share + 100 M$ profit on 500M construction =100M/10 year amort. =10M/year / 22Ms = ,45$/share x 30 =13.63$/share. so the total give around (18.75$+13.63) =$ 32.38$/share for the contracts in pocket for now and for the next 10 years garantie and we are here at $2.45, open mouth in full contemplation all dumbfounded at the evidence asking us: Is this a Scam? It's too good to be true, I don't put a cent in there lollll Cote101
BCdude wrote: That's a decent analysis with what we know right now. However, they will undoubtedly have more shares than 22 million in 3-5 years. The question is how many. One of the things I'm looking forward to gaining more insight on is the debt/equity financing split. How the company handles this will tell us a lot about how high this could go.
On the plus side, your numbers don't factor in additional contracts signed (there will be more) and the fact that a company like NUR should trade at a higher multiple than 15x if they can prove out the NAAS model, since growth will likely be eye popping.
My two cents.
cote101 wrote: So going by the CFO's projections in the video I've done some quick math. Each site is projected to earn $10,000 per year(EBITA). They are contracted to build 100 sites in Cameroon and expect to increase this to 250 total. They were close to signing contracts(Dec. 2020) for an additional 2500 sites(we now know of 2000 confirmed, Orange-DRC). So 3-5year build out of 2750 sites at 10K each = $27.5million per year earnings. If we assume an industry average of 15 P/E ratio than we are looking at a SP=$26.80. Price today is discounted due to regional uncertainty and financing procurement for sure, but the projected share price ignores all other growth prospects as well (South America, expanded Africa, rural Canada, other business revenue). Thoughts?
Cote101