Andiamo Corp. (ANDI)

[jackg152004]

Based on 23.2M being 6.6% of the market for Xaomi we are looking at a global smartphone market of 345M smartphones PER QUARTER or 1.38 BILLION smartphones PER YEAR.

At 1% of the market, ANDI/UTOP would be looking at 3.45 million phones per quarter or 13.8 million phones per year.

At just $100 per phone, ANDI/UTOP would have revenue of $345M PER QUARTER or $1.38 BILLION PER YEAR!!!!

At 15% net margin, ANDI/UTOP would generate $51.75M in NET INCOME PER QUARTER or $207M PER YEAR.

$207M in net income divided by a 3B share (to be conservative) O/S yields net earnings of $.069 per share.

$0.069 per ANDI/UTOP share multiplied by a 20 P/E multiple and you get an ANDI/UTOP share price of $1.38 per share ;)