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Re: Dasqeezr post# 39949

Wednesday, 08/14/2019 6:43:33 PM

Wednesday, August 14, 2019 6:43:33 PM

Post# of 71143
Although there has been debate as to the reported income of GSCG, 3rd party reporting of their income shows $29M last quarter and slightly less than that the quarter before that. So:

$29M x 4Qtrs = $116M annual project revenue.
They are adding locations and should expect revenue growth but let's assume it stays at $116M annually.

4 Billion shares authorized and issued (no further dilution possible).

4B / 116M = .029 (raw post RM numbers with no multipliers, etc.)

Typical minimum PE multiplier of 10x * .029 = .29 per share.
20-25x isn't uncommon.

Factor in any potential short squeeze (covering) action
Factor in MOMO players
Factor in FOMO buyers

You can project from there.

Everything I post is purely my opinion. I am not here to give advice or manage finances for anyone other than myself. Please do your own due diligence when considering investing or divesting yourself of any existing investment.

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