InvestorsHub Logo
Followers 23
Posts 4660
Boards Moderated 0
Alias Born 01/19/2011

Re: fishhunter post# 50335

Thursday, 02/18/2021 9:44:43 AM

Thursday, February 18, 2021 9:44:43 AM

Post# of 53669
Good question, I'd guess somewhere in the $30 million range, maybe $40 million if they can post a good profit and backlog for 4Q numbers.

I follow Josh Brown and thinks he has good thinking for most situations.
https://thereformedbroker.com/2021/02/17/the-big-long/

I can't remember if it's in this article or in his recent podcast but he said in this investing environment making a profit is almost BAD because then a P/E ratio can be assigned to it. It seems to be better to keep losing money but growing at all costs (growing user base, uses/user, whatever) because then all anybody looks at is revenue or subscriber growth. I know it doesn't make sense. So the problem with VTSI right now is that it has meddling profit (somewhere around 0 over the last two years) but is also not growing revenue quickly.

But, if Virtra can continue to post $6m revenue, .11c/share profit every quarter, I'd double my value suggestion to $60 million. But so far they keep having these dinker quarters every year with $2m revenue.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTSI News