RE:RE:looked at your suggestion . NOT desireable for this board Higherhopes your speculation on SP seems a bit low at 0.20 x PE of 5 = $1.00.
As Equity Guru states the last thing Hindalco would want is an impaired employee screwing up a $95,000 sheet of aluminum.
The average liability due to impairment in India is roughly $4,000 per employee. X 36,000 of Hindalco's employees and you’ve got $144 million in employee impaired liability that you could potentially eliminate with PMEDs technology.
I’m giving a rough speculative estimate but to me it seems like something like that would easily be worth $20 million per year, perhaps more. And that’s just ONE contract that we know is coming by end of July.
Take a typical and conservative PE ratio of 20 ($45k/month burn rate is negligible) and this $20 million contract gets you a $4.00 per share price. Many techs on the nasdaq trade at multiples of 30 for $6.00 a share. And this is just this one contract that we know is coming end of July. We know they are working on so many more now. 400-600% by end of July sounds pretty good to me.
Now it’s possible they won’t divulge the $ amount of their contract so their competitors won’t get to know their pricing structure. But we will get the total dollar amounts if all contracts are lumped together for the quarter once financials come out which is 60 days after quarter end.
Q2 = August 30
Q3 = November 30
Those are key dates to remember