Marathon Digital Holdings Inc (MARA)

[yanquitrader]

I think recent weakness comes from a number of factors - many already discussed here, such as near-term cash flow, uncertainty as to portfolio values, predictability of earnings, uncertainty associated with the entry into relatively untested markets (such as China, and trademarks),etc. Roth's latest earnings estimate for MARA underscored some of the near-term concerns by predicting losses continuing into Q2 of next year on the average of $3M per quarter.

However, it's exciting to see what they predict once 2017Q2 is behind us! The next 2 quarters alone are targeted to achieve $.59 EPS. If we annualize that, that's $1.18 /share by mid-2018. I'd actually think we'd start accelerating at that point but trying to make a simple point, not accurately predict actual EPS. *If* the market sees predictability in the model MARA is executing by that point - and *if* we execute consistent with Roth's expectations - well, pick any multiple you like. IDCC runs around 20. Let's start with half of that to stay conservative.

That's a PPS in double digits within the next year and a half. Can anyone say 'boo-ya'?

https://baseballnewssource.com/markets/fy2016-earnings-estimate-for-marathon-patent-group-inc-mara-issued-by-roth-capital/244296.html

~ yanqui