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Re: CoinPadawan post# 102198

Monday, 09/18/2017 3:46:11 PM

Monday, September 18, 2017 3:46:11 PM

Post# of 255668
The valuations that I'm running in my head point me there for sure. All we need is a big automaker. For example GM sold 3m autos in USA last year. If Mr. Berman was fortunate enough to land that contract at 200 bucks a pop and with the share reduction (for this example I'll use 2b O/S) and with a 20% margin and a 25 P/E multiple we get a pps valuation of $1.50. That's just one automaker, albeit the biggest. The gross margin and P/E multiple are conservative and should actually exceed these numbers.