Tuesday, July 18, 2017 2:25:08 PM
Preface: this is in the spirit of dialogue, I'm not trolling. I have 42860 shares in titxf so my hopes lie with the prosperity of this firm. It's got great potential. But let's take an honest look at the recurring question "why we so low?"
As we have no cash flows or net margin currently, our value is based on intangibles like our IP assets, which analysts have priced at $0.11/share. With 237M outstanding shares, only after a RS and sales begin to roll in, dividends are issued (estimating a P/E around ISRG's of 47 and using the conservative sales curve from the most recent report, as well as a risk-free-rate of 2.6%) our share price could be around $4-6. This is my quick GGM analysis, I'm interested to see others. Until then we may get pump and dumps etc, but I'm telling you, until sales commence our value is based on possibility which is exciting but doesn't pay the bills. This is why I'm skeptical of a natural PPS hike...why would it happen? We've seen good news doesn't seem to change minds thus far. We need sales!
Prove me wrong! What do you think?!
Regards,
Quid
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