RE:Canaccord Genuity comments on Spectra7 Microsystems Inc.The Canaccord report makes no sense in a couple of ways.
First he calls for DC reveneus in 2H2019 where iaccording to Raouf it's likely in Q4this year.
Second, he says SEV is trading at 1.6 times 2018 revenues estimates whereas others stocks are trading at 3.2 times EV. So if SEV were trading at that mulitple the stock would be double current value or .70 in 2019! At the same time he has a one year or 2018 target price of .75.
What the hell ishe taling about????