TSXV:MRS.H - Post by User
Comment by
ScarletSpideron Jul 09, 2020 8:24am
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Post# 31244030
RE:RE:MINIMUM FAIR PRICE FOR MRS
RE:RE:MINIMUM FAIR PRICE FOR MRS
I like yours way better but if you run the math on roughly 200 million shares that puts a valuation close to $500 million which is now probably somewhere around 3 times higher than the contract values. People were not fairly pricing things in regards to that...so one cant refute audited booked values that is why I am using that and calculated on that which I will stress is not what a stock price is reflecting as doing this is reflecting current known not future potential value. So how would you get a minimal fair price when it is not even trading at current booked audited value...hence minimal fair at the very least...like I said I like yours better. It will get there dont worry about that....look what I said about 2022 $3 plus. Do I think this $2.50 is not justified now...at a near valuation of 500 million that may be a tad high but 300 million sure the contract values must be closing in at 150 million so I would say about $1.50 right now but that is looking at near double assuming 150 contract value...which I think is fair because one had to place a safety mechanism of seeing contracts as booked audited earnings more than 300 million to me is a wee bit of a stretch. But at the end of the day I am only giving an opinion of a very lay person that being said my price projection range of .50 to $1.00 as I said was given conservatively based on the trading trend and what I think is a fair price range but that was on 100 million contract value...the access specifically wasnt known to me right I thought an article said 136 million hence taking that figure and saying 150 is based on if there were things not accounted for. Regardless way undervalue in my honest opinion....this will reach $2.50 in time providing the company keeps doing what it is...I can see that price hit sometimes next year but not now...this gets to a buck this year from where it should have never been needs to be tested...so let's see...there things that will spike the share value heavily still...you know what I talked about...2 main things overall profitability I said the company should be able to achieve this later part of the coming...end of the year and talks of uplisting which I have said this company should be able to successfully achieve in 12 to 18 months....just wait to see what happens so for now let's keep seeing the price move up. There will be spikes with more people coming we havent really seen anything yet...remember what i said about that end of this month to mid of the coming...this should hit the minimum price from now until the mid of the coming month...the financials for q1 2020 due at the end of the month and with that and by my calculations already given assuming 25 million booked revenue i got .38 so....this can only keep going up how aggressively has yet to be seen the volume is key...soon all the people who have pushed this down will not be able to any longer do so with more new people gobbling shares and they are all coming...a bit of patience we will see some good share prices this year. I hold my first sale at $1 I didnt give this projection easily or to be handcuffed more than at until the longest next year...would love to see it this year but if not it will more than likely be that in the coming one...PLUS....it will handily clear it...so everything in good time ..glta