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Re: in99flyers1 post# 46297

Thursday, 05/23/2019 7:37:57 AM

Thursday, May 23, 2019 7:37:57 AM

Post# of 53697
Of course I see $10, but I have also been wrong about things here for about the last 3 or 4 years so take with a grain o salt.

Here is where the company would need to be to have a $10 stock price:

$10 x 7.66million shares is a market cap of about $77million. I think the company (if functioning decently) deserves a PS of 2 and/or PE of 15-20. So if they had trailing sales of $38.5million that supports it on a PS basis. If they had $30mil in sales and net income of $4mil that would mean EPS of 53 cents and that gets you there on a PE basis. So if the company trades purely on performance then I would say they need to get to about $34mil in sales in a decent micro cap stock market do get to $10.

The stock could also walk straight to $10 tomorrow on a buyout.
It could also get there if a few funds simply decide to take positions.

But again, the best and surest way is to grow sales and earnings. I still believe the company could achieve 100% year over year growth if they had more optimum people in charge or simply worked hard to SELL PRODUCT to USA PDs. Right now, they have ZERO PEOPLE dedicated to SELLING PRODUCT. They only have some Marketing folks and admin order takers. Not even 1 rock star road warrior sales person. Not even 1 ind rep firm. Crazy.
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