Sona Nanotech Inc C.SONA

next announcement likely millions of orders

[jenkinjt]

My bet is that orders for 50 million test kits is before the NASDAQ approval... stock price will wander around 7-9$ until next update, holding long... $30 will come

[dart321]

Only the company knows what is coming and when. Here are industry standard facts based on sales and revenue. For every 5 million kits sold at a price of $37.50 per kit it will add $16 in value per share. Something you can hang your hat on about what to expect per every 5 million contract for kits. If the market adds those out of site valuation like we see on QDEL then those factual numbers are out

[Aarman4]

Great post dart321! I increased my position today. Waiting patiently. Cheers!

[wateroperator]

30 bucks is coming, so is 160/share EOM

[Moemoney42]

LOL.. now is that really called for.. you might have more credibility if you didn't exagerate so much!

[DogRam]

 I am more cautious, conservative and realistic. $25 and $150 for sure! wateroperator is prone to exaggeration:)

[dart321]

a very simple factual way to estimate future share price is to use the industry standard valuation numbers. A simple 5 times sales divided by the shares outstanding give us a ball park number. In the interview they used $50 per test, other places it's been $25 to $50 per test so it's best to use $37.50 per test.

[buy2009]

How do you apply a standard multiple to a non standard event?  Answer is we cant  Sona has no existing revenue stream, yet  This covid test is not a recurring event at least i hope not  Therefore how do you make a estimate,  as i have stated other times  the stock has a one time covid value plus the great value of global validation of their propriatary GNRs, plus the

[burnout29]

This post has been removed in accordance with Community Policy

[dart321]

I agree 100% the base line valuation would be for when sales are announced and will give us the lowest valuation. Whatever additional speculative rush is on top but the base line valuation for sales are facts used for trading any stock with sales. Each industry has a standard multiple, oil plays, gold plays drug plays tech plays are all different some have stupid multiples some have down to earth

[datawork]

First, Thanks Dart for crunching the numbers. My projection is 100M orders out of the gate with HC and FDA approval.  Sound far fectched? Think of how many schools there are in North America alone, enough said.

[dart321]

I don't think it's the amount of orders that is the question. There is absolutely no doubt once these field tests are complete the orders are going to be there, they are there now but officially have not been announced. The question is where and how fast are these tests going to be manufactured and will they be able to manufacture quick enough to satisfy the demand? It's possible they

[datawork]

I agree completely, keeping up with demand has been my biggest concern. However, Sona's management has demonstrated how forward thinking they are on numerous occasions and I have no reason to believe that don't have this "problem" covered.  For all we know, Sona may have deposits in millions of dollars that ARE financing the manufacturing at multiple sites in multiple

[gryphons]

I agree.  By the time we are asking the question the company is 3 steps ahead.  We just haven.t been told that yet

[Highrider69]

This is what the pumping train always does

[TheeRook]

SONA does owe the Canadian goverment for the $4.5M grant.   So expect a  few million there.

[PictouBoy]

That's why this board is trash. Sona doesn't have to pay back the million dollar grant. I d I o t 

[whatdoiknow123]

The grant was $4.1m and is non-repayable. Get your facts right

[Berniecbbc]

Not sure if TheeRook was refering to obligation to pay back or expectation of orders from the Cdn government.  The $4.1Mill NGen Covid19 Grant money comes with certain obligations primarily: BASIC PROJECT REQUIREMENTS Projects selected for funding will need to align with priorities defined by the Government of Canada. Companies should commit to at least one of the following: • Canadian

[buy2009]

Really  is thst the best you have to try and bash  first of all it is  4.1 m  si you dont even have that correct   Secondly by definition grants dont get repaid  The canadian govt does have first right to the product.  I hope they oay the noney back in product as canada needs the test as everyone does