Profit expectation - Annual General Meeting PRG June 26, 2024
- Q2 MJS 2023: August 29, 2023
- Announcement AGM MJS 2023: October 04, 2023
- ANNUAL GENERAL MEETING MJS 2023: November 09, 2023
(addendum to the previous post)
Scenario: Net profit 20 million USD for the Company group. MJS share 70% = 14 million USD
0.005 USD - price 0.15 USD price per share equals 3.33% dividend yield - P/E ratio 11.5 - costs = 5.225 million USD
As stated in my previous post, my minnimum profit expactation this year is 200% based on an entry price of 0,005 USD and an target price of 0,15 USD.
All unfolding till July 2024. It is crazy to think that after 3 years of overwhelming BS, it can change in only 2 months.
If MJS starts to pay a Dividend, it would be reasonable that they can sustain this for a years to come. This would mean that after years of suffering from MGM BS, MJS is not a direct selloff/emergency exit with shareprice of 0,15-0,3 USD. You could actally keep this stock :D who would have thought?
What if there is no Dividend? I think the share will go up depending on the expected revenue for 2024 (Q1 Financials in May), on how the mining aquisition is received by the shareholders, if other shareholder value measures are implemented and if there is the belief that MJS will benefit their shareholders in 2025.
My minmum price expectation/target without dividend would be 0,1 USD and an PE ratio of about 7,46.
The amount of money i have put in to this is defentelty questionable, but the reasoning for very good profits this year is in my opinion very solid.
Best to all investors.
fingers crossed it will be pay off soon
Richard