OTCPK:MEDVF - Post by User
Comment by
Hiddensecretson Jan 17, 2021 5:20pm
254 Views
Post# 32316192
RE:RE:Sanity Revenue 2021 $ 260,062,250 (QSC 28%)
RE:RE:Sanity Revenue 2021 $ 260,062,250 (QSC 28%)If we look at earnings just from Sanity, forget Collection sites it will be: $ 39,600,000 in PROFIT
(I assume 55% profit margins)
That equates to: .24 cents per share in EARNINGS
The virus per WHO is going to be endemic, meaning we will have it with us always, so testing will not go away.
Put a multiple of say only 5 x earnings and your arrive at $ 1.20 per share from Sanity alone. In medical field mulitples can go as high as 30 times.
And we have not included anything from collection sites which will be many times the 24 cents per share in earnings.
It would seem that a reasonable price should be over $ 10 per share at the very minimum and, at $ 20 per share I would say we are fairly valued.
So I am thinking $ 1.7 billion to $ 3.4 billion valuation and, not $ 59 million.
And remember that MEDV will evolve as they will expand or, maybe acquire other businesses that are very lucrative.
Our CEO ran a $ 1.9 billion empire at Teva so he is no stranger to the valuations which I have posted.
Last thing, we are going to get a CHUNK of the $ 50 billion testing announced by Biden. Our CEO saw this 3 months in advance and made preparations for it. See how far ahead he is of the competition.
MPO