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Friday, December 18, 2020 11:07:16 PM
With these continued profit #’s 2021 EPS could easily be over $.65 - puts the pps estimation as high as $19.35
Maybe a move to Nasdaq is in $WETH’s future. All is possible in pinkyland.
For now my pps target is $8 to $10 in the 1st q. of 2021. Let’s see if the profits stays at $5m a quarter- then I will raise my target accordingly.
if they mention Nasdaq, or if revenue and profits grow then so will my pps targets- which is good. Not here for beer.
Cash and cash equivalents at the end of 3q. $19.3m
https://www.otcmarkets.com/filing/html?id=14556704&guid=KgBqUp9g9uPYt3h#FORM10-12GA_HTM_G_002
Recent WETH News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:38:54 PM
- Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program • PR Newswire (US) • 07/08/2024 01:30:00 PM
- WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders • PR Newswire (US) • 06/24/2024 01:30:00 PM
- WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million • PR Newswire (US) • 06/17/2024 01:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 09:15:46 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:30:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:15:42 PM
- Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders • PR Newswire (US) • 05/06/2024 01:45:00 PM
- Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023 • PR Newswire (US) • 04/22/2024 02:00:00 PM
- Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 • PR Newswire (US) • 04/01/2024 02:21:00 PM
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