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Re: cleanmoney post# 6287

Tuesday, 07/04/2017 10:43:21 AM

Tuesday, July 04, 2017 10:43:21 AM

Post# of 8799
You may be right, but its going to take a lot of revenue increases from here to grow into a reasonable valuation. The current price-to-sales ratio is 3-4 times the median for the peer group in which CELH competes.

With a Q2 2016 revenue number of $6.2 million, the revenue increase (unless they have a blowout quarter) for comparison in Q2 2017 isn't likely to support the high growth multiple that CELH currently enjoys.

We can see this stock drifting back into the low 3's without some sort of catalyst to change the dynamics.

Not having a full-time CEO either is also a negative in our view.

"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer

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