Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case with removable lenses; Hitcase SHIELD, a case that is waterproof and shockproof; and Hitcase SNAP, a case


TSXV:HIT - Post by User

Post by SizzlinSteakson Mar 05, 2019 8:14am
96 Views
Post# 29442290

HIT is currently worth 12 cents minimum

HIT is currently worth 12 cents minimumLet's do some simple math! With nearly 1 million in quarterly revenues, assuming there is zero growth for the remainder of the year, (which is highly unlikely considering they are just ramping up sales and only just added their product line to all Best Buys part way through last quarter). On an annualized basis we are sitting at nearly $4 million with zero growth whatsoever. Using a small valuation factor of 3x earning puts us at about $12 million valuation. This works out to about 12 cents per share. This is with no growth and assuming there is no further expansion through other distribution channels for the year. There is huge room for growth here. The market seems delayed in realizing this. HIT will be a 30 cent stock (minimum) by year end.
<< Previous
Bullboard Posts
Next >>