Post by
Junit on Jan 13, 2014 12:04pm
Great interview!
I posted back in November of where this company could be trading at if it were to trade with a price to earnings similar to netflix. At the time net flix had a price to earnings ratio of near 400. If tng.v can swing to a 2 million dollar profit for the year things will get very exciting here. For a growth company like tng a pe of 30 would give it a 60 million market cap. Considering it's business model is similar to netflix and netflix had a 400 pe at one time... Well that would be and 800 million market cap on 2 million in profits... Just something to think about folks as we look out a couple of years. It's hard to apply traditional valuations in this sector. Jmho Rory
Comment by
mbbttfb on Jan 13, 2014 12:08pm
Oh please. You want to compare tng to netflix. The worlds leading video on demand service to a gaming company that is just starting to gain some attention. That's pretty funny.