Post by
kingscorpion on Nov 13, 2023 2:10pm
Q4 REVENUE ESTIMATE
The way the CEO worded it Q4 revenues will be strong suggests The company is trying to place it as the 2nd highest revenue in the history of the company So this means this years Q4 revenue IMO will be higher than last years highest revenue of $11.7 mil and as much as $17 mil So that the 2023 annual revenues based on this scenario will be between $45 mil and $50 mil If you remember one of the analyst who WAS covering CVX awhile ago gave a target price of $1.25 based on I believe a revenue of $53 mil Well we are very close to that. So you can now buy with confidence because the CEO also said margins will continue to improve at a higher rate which means the earnings will be at a higher percentage. You held on till now while it was going thru the issues now that those issues have been resolved you should hold on to them even tighter as the light at the end of tunnel.is finally visible.
Comment by
Swampy99999 on Nov 13, 2023 5:34pm
l have read here someone estemate around 48md whole year , do you remember whose that guy???