GREY:CVHIF - Post by User
Comment by
paljoeyon Feb 10, 2018 9:21am
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Post# 27538091
RE:Revenue Potential
RE:Revenue PotentialThe share price of BLVD will respond to its new MJ business in much the same way as other MJ stocks have behaved.
Share price will initially be influenced by potential maximum sales and then according to the rate at which those maximum sales are reached.
Thats why you see new MJ stocks trading at 30+ times sales in their earlier stages.
Depending on the maximum sales and the time expected to reach that maximum, price to sales should gradually decline to about 10 times at maximum sales.
And of course, everything is relative to the individual stock.
So, even if Blvd targets $15 million in sales in its first year, enroute to $50 million, it should easily trade above 15 times sales on the first year sales of $15 million.