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Bullboard - Stock Discussion Forum Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform... see more

TSXV:VENZ - Post Discussion

Venzee Technologies Inc > Sales in 2022: $ 48,750,000 (13,000 mesh connections)
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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 Midtown007 on Apr 07, 2021 9:16am
Hey Hidden Secrets     Thanks for taking the time to post those calculations.  I realize that these calculations are all based on Venzee hitting their targets.   Based on the progress that the CEO has put out since he has been the CEO he has done what he has said.    The one thing I really think most people should do if they are considering investing in Venzee is to ...more  
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...
Comment by SpauldingSmails on Apr 07, 2021 10:40am
I think we can all agree that the market is completely irrational. To try and predict where the price will go is just throwing darts blindfolded. We can all try, but we likely will have good throws and bad throws (terrible analogy). Having said that, if VENZ continues to execute their plan and achieve their targets, this share price should move up - by how much or little we don't know ...more  
Comment by Cgbuddy on Apr 07, 2021 11:26am
Amen
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