Why todays close makes sense, (Pun there) and the stock of value again.
*.122 or 12.2 cents multiplied by 712,000,000 shares = A ROUGH MKT CAP OF $86,864,000
* 86,864,000/35 = 2,481,828 (35) Is close to a lower average REV multiple on the MJ and hemp industry right now. Some running well into the 100s but most average about 35x REVs or larger. Hotter stocks with rapid growth are 40x +.
*Currently if sales and revenues stay consistent with forecasted revs, share price with 712m O/S is valued at no less than 9.8 cents or .098 ($2,000,000 in revs multiplied by 35 = 70,000,000/712,000,000 = .098 or 9.8 cents. I Guess you could see that again with it running cold as cold can be and with zero signs of growth. We all know KGKG will surpass that and is growing rapidly.
* Kona Gold is beating estimates. If revenues show signs of attaining and or surpassing the 2.4 million mark, share price is currently undervalued at 12.2 cents.
* Last month with 160,000+ in REVS puts the company on track with 0% growth to attain a minimum of 1.69 million this year.(250K +(160,000*9). I believe May will be 50% larger than April and each month the company will continue to grow. The company is growing far too fast to not assess it with a minimum 25% increase in sales month over month. Last month could be almost that of 100% month over month. (I believe 25% MOM will slow at some point but on the flip side could also exceed that at some points as well, so I feel for 2019 its safe).
*Staying ahead of the curve here shows us this - $250,000/3 months about 83k per month on average. April revs are more than 160k. Basically April sales increased from known info close to that of 100% of the average sales/revenues on a per month basis between Jan-March. May is unknown but with just 50% of that growth applied you could easily see sales above 250k.
*If that 250k in sales happens and I put a modest 25% month on month growth on Revs and run that to the end of the year, KGKG could see the following:
$250,000 + $160,000(April) + $250,000 + $312,500 + $390,625 + $488,281 + $610,351 + $762,939 + $953,674 + $1,192,092 and Year end revenues could amount to $5,370,462. Applying 25% month on month increases with may @ 250k we arrive at this figure. I based estimates on the following.
*April nearly doubled every month on average thus far this year. As more and more locations are added and people add the beverage to their daily routines, these numbers KGKG could even continue to improve upon.
*The stock has hit a safe number for repurchasing with company sales and revenue numbers that have been referenced just not released. KGKG has absolutely potential and ability to then there be assessed like the following at years end:
*5.37 million * 35 minimally = 187,966,170. 187,966,170/712,000,000 = a share price at year end of .264. I do believe with the growth and potential here in KGKG it should be closer to 40x consideration and could still see the 35x bring a level of .264 ranging to 40x of .30. This is currently still an increase in share price from current levels of between 216%-247%. Even at those levels at years end the stock would be considered valued fairly.
The Best times are ahead of us.
