InvestorsHub Logo
Followers 1010
Posts 70503
Boards Moderated 4
Alias Born 09/30/2004

Re: bigrun post# 16393

Tuesday, 04/07/2020 9:23:44 PM

Tuesday, April 07, 2020 9:23:44 PM

Post# of 41922

If they do $25 million in 2020 sales, run a 80% COS margin (78% in 2019), their gross profit will be approximately $5 million. OpEx costs averaged about $600K the past two years. Even if the costs triple in 2020 their gain from operations could be about $3.2 million.

With 35m OS that’s about $0.09 a share in earnings. Give it a 10 a low PE and you have $0.90 PPS. Even if they doubled the share count by then it’s a $0.45 stock.

This is a solid investment at this level. Companies business is booming. I don’t think I will get talked out of my shares anywhere near this level. Follow the 75%+ buy volume the last 2 days. This float seems to be locked..