Analysis of future growth & possibilities of the SPPatience will soon be rewarded now the company has proved it can compete in the market and provide strong upward momentum. The 2013F will be very telling ..I took the liberty of doing an analysis based on past earnings and extrapolated this into future earnings for a fun exercise. Here is a look at the past number of Qtr's growth and "projected" based only on revenue/earnings growth rates & margin ..
revenue earnings
Q4/12 2109 193
Q1/13 2784 402
Q2/13 3652 744
Q3/13 4575 1220
Q4/13 5901 1770
Q1/14 7671 1994
Q2/14 9972 2592
Q3/14 12963 3370
Q4/14 16851 4381
Now this is based on Qtr/Qtr earnings growth of 30% on average with a 26% margin growth on that revenue. Those numbers are based on the past 5 qtrs growth (really eaperienced) . This is a simple extrapolation and not to be considered a realistic analysis of the company's growth trajectory. However, that said it's not out of the realm of possibility and in fact quite achievable. If so, it would represent earnings in 2014 of $0.12/PS and at 14X earnings PE (semiconductor industry average is 22) that would give us a valuation of $1.68! Even if they achieved 1/2 of that growth trajectory at the same PE multiple it would be $0.86 a share valuation. Unless we have a major negative market event which knocks revenue down in all of their markets..(oil & gas, medical, semiconductor, etc...) at the same time I don’t see how they cannot archive target revenue & earnings in the range assumed above. Its exciting to see the possibilities and when the greater investment community takes notice we are in for a nice ride. I gather the comments regarding engagement with the brokerage houses and continued communication with them it's just a matter of time before we see this stock take off.
GLTA!!