Post by
samydude on Nov 20, 2024 12:01pm
V.DM news releases....
Nearly a year since the last news release about tech AI/IT revenues and sales. What I find interesting is that the latest news releases align with something I posted back on February 16th 2023 about the direction I could see unfolding under C. Park back then, I emailed to ask if this was the direction he was going along with a break down of what moves that I could see him doing. So far it is correct in frame work just awaiting what the sales figure of the Health Division will be and if they are what I expect , and, if DM can expand more AI/IT sales in the near term. Then DM in its soon to be new venier with the low float which I believe will be 30-1 consolidation, and with cash from the health division sale of 3x revenue of approx $15 million it probably will be less but could be more I am using basic business valuation to assign a value, would be able to continue operating long enough for another run. Watch for bluesky hyper bulls and play this stock accordingly.
Comment by
samydude on Nov 20, 2024 12:02pm
correction on the date of post February 16th 2024
Comment by
samydude on Nov 20, 2024 4:53pm
Not a problem astutein, like I had mentioned I was using the basic valuation of 3 -5x yearly revenue used as a valuation, there are other ways of calculating fair value.