Exactly right lolabean, the most important thing for the company and the stock is for management to continue to execute exactly as they are. Sure, it is fun and passes the time for many to whine about all sort of related but ancillary topics such as communication, uplisting, quarterly conf calls, etc. But really, the most important thing is continued strong profitable growth. That cures everything.
Now, just for fun.....
If VTSI was 50 cents today, the market cap would be $79million and the enterprise value would be $76million. So, what sort of company numbers would justify that valuation? I believe VTSI deserves some combination of PE=25 and PS=3. This suggests the company would need to deliver 2016 EPS of 2 cents and/or revenue of $25.3million. It appears likely they will actually deliver over 2 cents for the year and likely under 25mil in revenue. So, a strong case can be made for the stock being worth 50 cents RIGHT NOW. Before anyone starts pounding me about the PE and PS being too lofty, compare VTSI to TASR. I also give VTSI bonus points due to the quality and visibility of their customers and the timeliness of their product. I give them a few demerit points for not being on a major exchange and not having conf calls.
When will VTSI be worth $1.00? Same sort of logic. Here is my SWAG at what revenue and EPS might look like over the next several years:
2016 - $20million, 2.5cents
2017 - $25million, 2.5cents
2018 - $35million, 4.0cents
2019 - $42million, 4.5cents
2020 - $55million, 6.5cents
So, it would seem to me the stock price gets to $1 in 2019.
The problem with all this is so much can happen to change it. The good news is most of those things are good things...uplisting, Mod Rnd working out well, company buyout, stock buyback, retirement of shares, etc.
