Celsius Holdings Inc (CELH)

[NewJerichoMan]

New Outstanding Share Count

We know $4.8M has been raised since December 30, 2016. We know $4M went at $3 per share. Assuming the entire amount was raised at $3 per share, that means the new share count is 40,266,451.

CELH = $2.98 * 40,266,451 = $119,994,023 Market Cap

The trailing twelve month revenues are $20,768,707. Our P/S ratio is approaching 6x. That's fairly lofty. LTEA had a $30M market cap with $1.5M in TTM sales. It was a very tightly held stock. So tightly held, it was able to uplist to the NAZ because of it.

LTEA has little in common with CELH other than sector. I don't think highly of LTEA because its so over-valued. Present day CELH is a far superior company and stock. I only make the comparison because CELH is fairly tightly held as well. But that doesn't mean it's stock price can't get a bit over-heated.

At $140M market cap or $3.48 per share (near two-year high), I'm an opportunistic seller, who will look for a sell-off to buy back in, if the opportunity presents itself.