Medivolve Inc MEDVF

Guesstimates or Hype vs realistic revenue projection

[Sarb99]

Hmmm first day, first post and started joking Lol…

Monthly, Yearly, or 3-year revenue projection is no joke instead is essential part of any business planning. We have no problem following your estimate of .80 cents per share, but can you please explain how did you get these numbers? Or did you pull your Guesstimates of .80 cents per share out of thin air. https://questcapinc.com/collection-site/
 
Here is our realistic revenue projection for nest year.
QuestCap is launching 180 covid-19 testing centres (cubes). Each of these lab sites are designed to have capacity for up to 150 tests per day, per site, and will charge between $59 (U.S.) and $139 (U.S.) for antibody and antigen tests. https://www.stockwatch.com/News/Item?bid=Z-C:QSC-2972459&symbol=QSC&region=C
 
180 covid-19 testing centres performing 150 test per site, each day. 180x150=27000 test each day.

• Say 17000 antibody test at $59 USD comes to 17000x59= $1,003,000
• Say 10000 antibody test at $139 USD comes to 10000x59= $1,390,000

So daily revenue should be $2,393,000 and monthly $71,790,000 they yearly $861,480,000 Then convert all this revenue from USD to CAD with 1.30 and comes to $1,119,924,000 which at 40% profit margin comes to $447,969,600
 
These numbers are in the best scenario and we are talking about buying stock not business itself. So, we want to minimize the risk. We can say collection sites only performed 60-70% of the possible capacity. It also covers if collection sites are busy till March-April then slow down. Accordingly, we should adjust profit from $447,969,600 then just take 60% of this which is realistic $268,781,760. Now you can calculate P/E ratio, here is the method https://www.wealthsimple.com/en-ca/learn/price-earnings-ratio
 
Now talk about other investments QuestCap Made.
 

1. As of now problem is not covid-19 testing kits, 100’s are approved by FDA. Main problem is testing labs as almost all of the approved testing kits need a lab to perform these covid-19 tests. If anyone notice after launch of these (cubes) testing centres QuestCap is offering Lab service to perform these tests with little competition.
2. QuestCap already sold $3 million USD testing kits to lab in Columbia S.A https://stockhouse.com/news/press-releases/2020/08/28/mtjr-sells-750-000-covid-19-igg-igm-antibody-tests-in-colombia
3. QuestCap application for Health Canada should be approved soon as Lyher 2019-Ncov Igm/Igg Antibody Test Kit, One Step Rapid Test Device is under Review for Health Canada approval since July 29, 2020 (over 2 months) here is cached page from July 29^th https://web.archive.org/web/20200729094345/https://www.canada.ca/en/health-canada/services/drugs-health-products/covid19-industry/medical-devices/testing/applications.html
4. QuestCap Acquire 28% Interest in Colombian Full-Service Medical Clinic called Sanaty IPS S.A.S. and Sanaty is performing covid-19 testing in Columbia S.A. and buying those covid-19 testing kits from QuestCap. So, they get wholesale profit and 28% profit from the retail. https://www.facebook.com/ipssanaty
5. QuestCap made 500k invest in Sinai Health Foundation to develop testing.  It seems they are developing self testing at home and already running a trial https://www.lunenfeld.ca/shawl/files/file/SHAWL-1%20Information%20Slides_2020Aug25(1).pdf All kind of Govt involved in this study and also have a look at researcher involved in this study at bottom of the slide.
6. QuestCap Made $1 million investment in Sunnybrook Hospital to Research on covid-19 vaccine. Dr Samira Mubareka is working hard to achieve that https://theconversation.com/training-our-immune-systems-why-we-should-insist-on-a-high-quality-covid-19-vaccine-146650
7. QuestCap also invested in Amino Therapeutics is currently focused on developing biologic therapeutics for COVID-19. Amino’s research targets small molecule drug candidates and targeted drug delivery systems to transport biologics into the cytosol.

 
Anybody buying or selling any stock need to do their own due diligence. Only you can make best decision for yourself, no one else can do it for you.

Icow33 wrote:

I suppose guesstimate is the best word for this, as no one can ever really know where these things will go...

but what are your thoughts on what this share can achieve? I see lots of people joking about $3-$5, which would be lovely but is dreadfully unrealistic. What about something like $0.80 though?

I mean, who doesn't want to be a millionaire, but a modest 500% gain wood still be nice!

looking forward to your thoughts. 

[Icow33]

100% I pulled $0.80 out of thin air. I'm not using it as a gold standard, scientifically derived, must-achieve value, but just as an example for the sake of my question. I'm not as well versed on this stuff as you are, which is why I ultimately posed my question.  Always trying to learn. Always trying to get a little better. I am aware of much of what QSC is up to, but you've

[Icow33]

So say there's a profit of ~$448,000,000 with ~150,000,000 outstanding shares.... https://www.bloomberg.com/quote/QSC:CN so EPS approx $2.98? So $2.98 a share? Without including all of QSCs other ventures.  seems ludicrous and extreme!  Believe me, I would love to sell these bad boys for $3 a share, it just doesn't seem real! I feel like I must be missing an

[RapsAlot]

I do not see max daily testing. That's a perfect scenario. If they run each cube at 60% capacity daily that would be good to see. Look at testing in Ontario. People are booking multiple locations just to get in and then canceling appointments. Also there is a 6 month agreement in place so as an investor I cannot look past that. Hopefully they extend but that is the current contract. I don'

[JimmyBaggs]

So you are dividing net profit by outstanding shares to predict potential SP but this is not correct. You need to divide potential market cap by outstanding shares and its not unreasonable to assume a market cap thats a multiple of 4/5 x the net profit. (or even gross rev but in this case we will go with NP) So in the scenario you painted ($448,000,000 NP)  mulitply this by 4 conservatively

[SY3XElon]

I agree that 60% capacity is reasonable but I agree with Raps. Can't look past 6 months because that is current contract and who knows where coronavirus will be then. Also not sure I can put a multiple on a company that could lose all revenue 6 months later. Obviously I hope not. My SP prediction is $0.90 to start.

[Casperin]

really?

[SY3XElon]

YUP

[Casperin]

_ what kind of expenses ?

[Sarb99]

I agree and think $7 to $10 should be reasonable calculation. We can say $7 is safe side and $10 plus is possible. Keep in mind these calculations are based on 180 covid-19 lab testing sites (cubes) only. I do not think QSC will go .17 to $3-$4-$5 in a day, week or even one. It should go up in stages unless someone throw buy out offer.   It does seem like too good to be true as QuestCap

[RockThunder]

For Sarb99 i am a bit confuse your talking about 16 cube i thought the plan was 165 cubes for octobre 15?

[Patienceiskee]

Correct me if I'm wrong but I heard 165 cubes are being manufactured and will dirt to be deployed by October 15th. If you plan on buying then it will be too late

[Sarb99]

16 cubes I was talking about are those delivered on Oct 8th in California. Remaining 149 I think still being delivered and I do think all should be delivered and set up in next week or two. https://twitter.com/quest_cap/status/1314617197101277186 They signed leases for total of 180 testing centres for now 165 with Simon Shopping Malls https://www.simon.com/mall and 15 with H&S Energy https