RE:RE:KRC Target priceRayDonovan78 wrote: They have been just a tad off over the years !! Looking forward to their next targets !!
Aug 2022
we raise our target to $2.70 (from $2.50)
May 2022
, we maintain our target price of C$2.50. Given the potential expiry of 2.7m warrants, our target could be revised upwards to $2.70 due to the lesser number of fully diluted shares in issue
Feb 2022
Using a sum of parts approach, we derive a target price of C$2.50 (formerly $1.70).
Feb 2020
The net impact of these actions results in the reduction in our target price to $3.30 from $3.60.
May 2019
The net impact of these actions drives the increase in the target price to $3.60 from $3.40.
March 2019
We derive a $3.40 target price based on the sum of 5x monthly recurring (SaaS) revenues and 1x hardware revenues
The problem is the 5x SaaS revenue projection.... Setting yourself up for disappointment.