Sunday, August 02, 2015 10:03:18 AM
.
And suppose that is equal to 25K for the entire year due to ramp up by Foxconn.
Then $200/yr x 25K = $5M gross revenues to GOSY for '16
Suppose Gross Margin is 80% due to all R&D being expensed, so distribution costs only. Then Earnings = $4M
With a silly P/E of 10, that implies a GOSY market cap of $40M.
With a more realistic P/E of 20, that implies a GOSY market cap of $80M.
At Friday's close of $0.0091, that is a market cap of $6.3M.
By end of next year, GOSY could be trading at $0.09 to $0.10 per share!
Wow!
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