Good evening, Gustavo,
As regards a guesstimate for full-year sales in the fiscal year that began on July 1, I'd base my number on July sales which Paul Knopick's press release reported at $1.2 million, so let's say $14 million. I've been counseled on this board a few times that penny stock prices tend to be driven more by gross revenues (and therefore less driven by earnings per share) than "mature" stocks. But I'm still a bit agnostic on this, so I'll base my estimate of VHUB's share value on net earnings.
For the fun of it, let's say that there's been some dilution since the 81 million issued shares number was provided in Fife's SEC filing. So, continuing on along these lines, let's say that issued shares are up to 140 million (somebody must have been selling when all the good sales news was being reported, and I'm guessing it was dilutive shares resulting from debt-conversions). But let's also assume that interest expense has been going away as debt has been turning into equity.
Bottom line of all this reasoning runs like this. Let's say that the company can run a 5% profit margin on $14 million in sales, so that gets us to $700K. So we spread that over 140 million shares, and we get EPS of .5 cents. Let's give the stock a P/E multiple of 20 (it would be higher, but I want to factor in things like regulatory risk and there being no shareholder meetings except when the Winthers have supper). So that projects out to a stock price of 10 cents per share. The final touch on this is that, since only God knows if my 140 million shares or my 700K net income is anywhere near reasonable, I'd divide my own 10 cents number by 2, and I'd conclude that the stock would be worth maybe 5 cents at this moment in an efficient market.
There's a fair chance that I'm on the low side here. If Trump is elected, look for regulatory relaxation for small businesses in particular. If there's a report that the company has refinanced away from toxic debt, look for the stock to rise as risk will have been greatly reduced. To be complete and to be fair to you based upon your posting history, there is always a "scam" risk with penny stocks; however, that risk is greatly mitigated if you follow the posting history of RPH and Hostastock whom I've come to trust as faithful reporters regarding the quality of the company's products.
Feel free, you or anyone else, to beat up on me regarding this analysis, as I'm just an amateur in this stock market segment.
AI
