Post by
nozzpack on Jan 13, 2022 2:20pm
Massive Growth Will be Sustained in 2022
By Q3 of 2021, DM reported sales of over $40 million compared to just $7.6 million in the first three quarters of 2020.
That's over 4 times growth rate
Considering today's $40 million contract, organic growth and the added revenues of recent acquisitions and new products , 2022 revenues should exceed $ 90 million.
This sets up a scenario in which DM net earnings reaches at $0.08 cad per share and its cash flows exceeds $0,25 per share.
A valuation above $1 would be quite reasonable .
Back up the truck at these prices as your retirement bonus, as these chances come once in a life time
Comment by
MaterialWorld on Jan 13, 2022 2:34pm
Great post nozzpack. One thing that might happen is that Marshall ( I heard ) might do a share consolidation. If that happens, might as well flush our shares down the sewer. I hope I'm very, very wrong................MW
Comment by
PercySweetwater on Jan 13, 2022 2:40pm
MG has said on multiple occasions that DM would only consider an RS if required for uplisting to a different exchange.
Comment by
hawker001 on Jan 13, 2022 3:04pm
Marshall has been very clear all along...NO CONSOLODATION is anticipated. None.
Comment by
Rancher on Jan 13, 2022 5:36pm
I sure hope that a RS is not on the table. Every RS I've been involved with for an uplist has failed miserably. Many struggle on the uplist even without a doing an RS. Grow the business and don't think of uplisting until DM is a much more stable company with many more customers. IMO