Post by
PlasticOno on Nov 04, 2022 2:18pm
Will be averaging down here
I am reading that the global bio plastics market last year was roughly $10billion meaning for GDNP having revenues of $100m this year they have a bigger than 1% market share. If they can keep up pace with market growth of 20% CAGR or even growing faster like they did over the years they could grow into $400-600m in 5 years or so. An estimated net profit of 15% would earn them $50m+ or 20cents per share. P/E of 20 easily brings a SP of $4 - 5.
This is the share price which Antoniadis spoke about some time ago.
Comment by
tinytree on Nov 04, 2022 2:33pm
Great point, ME To. I am waiting for the turning point to buy more. It can not keep dropping forever.
Comment by
PlasticOno on Nov 04, 2022 2:54pm
Has anybody kept track with the warrrants and shares issued over recent years and the holding periods that can be dumped still? Thanks
Comment by
mydividends on Nov 07, 2022 1:46pm
Tiny you know when the turning point will be??? Please share your wisdom! Hasn't turned in almost 2 years, but hey, you seem to know when it will happen!
Comment by
tinselfarm on Nov 07, 2022 3:02pm
Either you haven't read or simply don't understand my previous posts. I've said numerous times that I truly believe this will be above $1 and then some.... also said it could be tomorrow, next month, or 3 months from now. That means I don't know when. Once again, if you have lost patience and faith, sell and move on. Pretty simple dude.
Comment by
tinselfarm on Nov 04, 2022 3:31pm
Bingo. Well said as I believe that's precisely whats gonna happen.
Comment by
Chefboy69 on Nov 04, 2022 9:00pm
I am convinced a pump crew is working the boards here.. have fun all..Any negative( true ) facts are not welcome So lets all just buy more and PUMP this up so i can get my money back here....i don't care about this stock I WANT MY MONEY BACK