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Alias Born | 02/21/2014 |
Monday, July 10, 2017 6:57:27 PM
The only thing that matters now are the Q2 numbers.
We are not expecting very good comps to last year's $6.2 million number. Even a $7.5 million number, which would be a 21% revenue increase YOY, isn't strong enough revenue growth to justify a valuation for CELH shares that is far above the current industry median price-to-sales ratio.
http://csimarket.com/stocks/CELH-Valuation-Comparisons.html
Anything less than a $7.0 million revenue number and investors will take CELH stock out to the woodshed.
We wish you the best of luck.
"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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