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Re: Broncomya post# 9329

Thursday, 10/20/2016 5:43:32 PM

Thursday, October 20, 2016 5:43:32 PM

Post# of 76706
He's not being unrealistic at all. According to this article, http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/, most MJ stocks trade at an average of 35x sales because it's a high growth sector. UBQU made almost a million dollars last quarter, so if they remain flat (which they won't), $4M annual revs x 35 sales = 140M divided by 100 million o/s = $1.40. UBQU is a real company with real products, and they expect revs to triple this coming year. They are also profitable, thus won't have a need to dilute shares.

Last year, this article valued UBQU at .34 on less revs, so there's nothing unrealistic about understanding that UBQU is nowhere near fair value. Can it realistically get to dollars? You bet! smile
http://www.investinmj.com/media/com_acymailing/upload/imj_special_report_on_hemplife_today.pdf