Post by
Hiddensecrets on Apr 06, 2021 3:12pm
Sales in 2022: $ 48,750,000 (13,000 mesh connections)
Do the math:
13,000 mesh connections * $ 250 USD per month * 12 months * $ 250 per month = $ 48,750,000
Trading at 11 times sales = $ 536,250,000
Divide by shares outstanding: 296,000,000
Share per price in 2022: $ 1.81
**** Software companies can trade at even 30x sales because revenue is RECURRING. My estimate is a low ball park for 2022.
If we double installations in 2023 - 2024 then we double or triple the price.
You can understand how UNDERVALUED this stock truly is.
mpo
Comment by
Hiddensecrets on Apr 06, 2021 3:14pm
One amount of $ 150 in the formula should read 1.25 exchange rate. MPO
Comment by
Cgbuddy on Apr 07, 2021 9:22am
we are still at early stage and it really cheap . that will grow slowly in 2021 but steady and 1 day boom...