RE:RE:How high will DM fly in 2022SeniorC wrote: Let's go with my guesstimate! 1,50 to 2$ by year end.
I look at it always considering fully dilluted share number. Let's say about 400m
Right now considering the AI contracts they have in hand, the SP should already sit at 30 cents only for AI.
Any million they will generate in AI should rapidly bring them to the industry ratios and I would believe they can get at least an other 50 cents on top of the 30 cents they should be now.
I also believe the Prospectum deal will unlock something positively.
When we look at telemedecine market, the market capitalization of companies is impressive with little revenues. The operations and the cost of acquisition of customers require lots of cash or long time... 2-3 years to get a strong portfolio. So if DM wants to operate MediCall and grow it, I would anticipate a 10 cents impact on the share value as soon as they annonce it's coming to public and an other 10-20 cents by year end. I would see 2 to 3$ impact per share in 3 years. They can also chose the spin-off approach with MediCall and get a strong partner for operations... a spin-off could easily generate 1$ per share in 2022.
Verticals like EV charging or crypto monitoring could be game changers for the futures. And impact the SP by strong numbers.
An other major game changer could be institutional investment. As example, Lotte can now create its own venture fund and invest in companies like DM. Dr.Sharif has a consideration warrant of 60m shares at 26 cents. A fund like Lotte could buy part of or the entire amount of shares of the warrant, generate a reasonable profit for the owner and then, award a long term contract of a few million$ a year for DM AI. This kind of integration would generate a huge ROI to the investing group and could easily generate 50 cents per share.
Finally, COVID testing: I did not put these $ in my guesstimate as they did not create value so far. I would expect at least the positive cash flow generated by the COVID to sustain DM AI ratios at the top of the industry.
So for all these reasons put together I can not imagine DM will stay under 1$ for long. I even anticipate a peak at around 1,50$ by Q2. And somewhere between 1,50$-2,00$ By year end.
This is my personal guesstimate, please make your own DD.
SC
Or ... could be looking at a tax loss for 2022.
That's my guestimate.
SG3579