RE:2019 valuation = ?Bigreturn11 said:
"If RB can do the $14M USD net earnings as Jeff has siggested, we can expect $20 stock. If they show growth that suggests $14M in US net earnings we are double digits without a doubt.
Montalva becomes icing on the cake if RB gains traction."
I used a conservative FX conversion rate of 1.28, and high overhead. At a 20x multiple on GRB as a standalone and no taxes I get C$17. I doubt that the $14m includes any provision for taxes, why would it. its a wholly owned sub. There would not be any taxes given the loss carry forwards. Is 20x too high, I doubt it. If they can do this they'll be really high profile.
Note this does not include any value from the rest of the co. I'm from Missouri on the $14m US income too. I think we do $5 net income we're approaching $10 with focus on additional cients and what it'll mean the next year. That aint bad.
Add a FATCO and a bunch of what I think are conservative assumptions and ... with the OH already paid for??? Lights out. Add in a FATCO and another that size lights out again and for a 10 block radius around the stadium, lol.
But hey DYODD. Don't rely on my writings and calculations for your investing decisions. All we have right now is Tommy's and we've got a lot of time for NRs!