Andiamo Corp. (ANDI)

[trader59]

Hedge2019, your math is incorrect. Let's try it this way:

so you confirm INDIA market will be targeted by them as we suspected ?


https://www.statista.com/statistics/274658/forecast-of-mobile-phone-users-in-india/
ANDI-UTOPYA PPS POTENTIAL 80 CENTS 2018-2019

hedge2019 Friday, 04/06/18 10:36:33 AM
Re: emz post# 150911 0
Post # of 151055

ANDI-UTOPYA PPS POTENTIAL 80 CENTS 2018-2019:
IT IS VERY IMPORTANT TO KNOW THE MARKET UTOPYA WILL GO AFTER.
NOW THAT WE SAW THE FIRST PHONE OF THE LINE OF SEVERAL.

LET's CONSIDER INDIA SOLELY FOR NOW AND LET's FORGET RIDICULOUS DOLLARS PRICE PER SHARE HERE. A CONSERVATIVE BUT RELATIVELY OPTIMISTIC VIEW IS THE FOLLOWING:

CONSIDER ONLY THE INDIA SMART PHONES SALES: $24 Billion 2018-2021
120MILLION MORE SMART PHONES TO BE SOLD FORECAST FROM 2018 TO 2021 see link below.
CONSIDER LET'S SAY USD 200.00 PER SMART PHONE

CONSIDER ONLY ONE UTOPYA DEVICE

THAT IS A MARKET GROWTH FOR INDIA ONLY, OVER 3 YEARS, OF
USD 24 BILLION ( 120 million units x 200 $ )

IF UTOPYA GRABS ONLY 1 PERCENT: THAT IS $480 MILLION IN REVENUES ( ie 2.4million phones over 3 years or 800k units per year)

1% of 24 Billion is 240 Million. You're off by a factor of 2

IF WE CONSIDER A P/S RATIO OF 10 AS IT IS A GROWING START UP NEW BUSINESS: ( APPLE AND MOTOROLLA P/S RATIOS ARE IN 3-4 range !!!)
THAT MEANS A MARKET CAP OF USD 2.4B (5 x 480 Millions sales) SO CONSIDER 3 BILLION SHARES outstanding THAT IS A PPS OF 80 CENTS ( 2.4B/3B = USD 0.80)

When you do this, you only use 1 year of sales. You're off by a factor of 3 on that, however, after saying a P/S ratio of 10 is appropriate, you used 5. The last financial statement showed 3.5B O/S, and it is very very likely additional dilution has occurred.

NOT CONSIDERING ANY OTHER MARKET THAN THE INDIA MARKET !

https://www.statista.com/statistics/274658/forecast-of-mobile-phone-users-in-india/ abstract:
The statistic shows the number of mobile phone users in India from 2013 to 2019. For 2017 the number of mobile phone users in India is expected to rise to 730.7 million. In this same year the number of smartphone users in India is predicted to reach 340 million and could reach almost 468 million by 2021.