droidmeister wrote: This is probably too complicated for "whats his name this month", so I'll try to dumb it down a bit.
There are 2 ways to calculate P/S ratio:
1. market cap divided by sales over 12 months
2. stock price divided by sales per share
The tricky part is we dont know what the sales are FOR THE NEXT 12 MONTHS, but we can make an estimate using the numbers provided , and I used the number of grams that Longtrack came up with.
Longtrack came up with a very conservatve estimate of 1.8 million grams per yer. To make the math simpler for buttmunch, let's say 2 million. Let's assume that THC can sell at $5 / gram. That's $10 million. What's the market cap? 63 million.
Now comes the hard part: we need to divide 63 by 10. Come on silverbrainfart, just in round numbers, I think you can do this.... ernnnnnn, ernnnnn, ernnnn, yeah I know it's hard, like you're badly constipated but keep working, push baby push, oh f-ck, oh f-ck, I think it's, I think it's SIX YES SIX..
OK, good boy, here's a cookie, now go play nice with the other basherkids...
Longtrack wrote: gocanucksgo wrote:
HAHHAAAHA
Are you saying hemmerdroid is a low life, scum sucking, trailer park trash LIAR ????
Idiot boy said 6....even spelled the number for us dummies... SIX
Good pump hemmerdroid...we are ALL laughing at you !!!!!
THC Biomed International Ltd (OTCPK:THCBF) PS Ratio: 29.09 (As of Today)
droid did say forward p/s of 6