RE:FROM CEO BOARDcote101 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
The run is still getting started here