MEDV trades at (1/2 of 1 time sale) - VERY CHEAP....Can anyone tell me why any company in the world that whose revenue is going to double, triple and quadruple is trading at a 1/2 of 1 times sales?
Stocks can trade upwards of 10x sales and here we trade at 0.5x sales.
Here are my calculations using only January 2021 track record:
Total tests: 73,973 * $ 96 USD per test $ 7,101,408 USD
In Canadian that will be at $ 1.3415: 9,526,539
Then we add: Kinross 2,000,000
And Columbia and real estate 2,000,000 (estimated)
TOTAL SALES: January 2021 $ 13,526,539
PROJECT RUN RATE 2021 BASED ON JAN $ 162,318,468 Projected sales in 2021
MARKET CAP NOW 85,000,000
TRADING AT (85,000,000/162,318,468) .52x sales (that is 1/2 of 1x sales)
We have not included any of the covid19 disinfectant, nor additional cubes, nor blowfish, nor any other possible deal.
Let me ask you a question: Is this too expensive for you????
Perhaps knownothing can comment....lol....
MPO