Followers | 210 |
Posts | 20819 |
Boards Moderated | 3 |
Alias Born | 01/09/2019 |
Sunday, September 05, 2021 10:52:05 AM
So my cheaper price, that is relative right? I have been long Hut as they are cheap to their competitors and are up and coming. So I look at APLD and see a Hut not on steroids, but a young Hut with more potential. That is, if I was to compare Hut to APLD when Hut was APLD’s age.
So price… a couple of things to think about to make market value relevant. How much does it cost for APLD, Hut or whomever to mine a coin? For example, Hut’s cost to mine Bitcoin is roughly around $3k and they mine nearly 11 Bitcoin a day. So assuming a spread of $46k with Bitcoin around $49-50. Well at $46k x 10 Bitcoin being conservative, that is net revenue of $460k a day puts you conservatively at $160mm a year. That is without growth. As an investor in Hut I have to assume they will dilute to grow as that is only logical. So if they can grow conservatively 25% a year, I can see their market cap at a multiple of what it currently is of about $1.6 billion or about 10x net revenue.
Now answer me this KK, since my head currently hurts as my mighty tigers lost to the dawgs last night in an ole fashioned southern football slug fest, where do you see APLD’s 2022 net revenue? As the guy on the commercial says, 10x it.
Since I don’t know that number, I can’t currently 10x it, but let’s look at their current market cap. I call it a billion using roughly 520mm shares outstanding. If Hut is at 10x or $1.6bn then to be on a level playing field that would mean APLDs 2022 projected net earnings are $100 mm.
So I ask again , what are APLDs forecast for 2022 earnings? I should know that answer, but again, my head is hurting as I drowned my sorrows last night. But if it is greater than $100 million net revenue, APLD is cheap relative to its competitor or vice versa.
Your answer to projected 2022 APLD’s earnings will answer your question as well.
Everything I say is my educated opinion and is NOT investment advice
Recent APLD News
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 10/04/2024 09:31:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2024 09:05:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2024 12:30:42 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/24/2024 04:15:19 AM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/23/2024 08:55:33 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/23/2024 08:30:27 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/23/2024 08:30:26 PM
- Applied Digital Sets Fiscal First Quarter 2025 Earnings Conference Call for Wednesday, October 9, 2024 at 5:00 p.m. Eastern Time • GlobeNewswire Inc. • 09/23/2024 12:00:00 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/13/2024 09:06:14 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 09/11/2024 09:21:04 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2024 08:17:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 10:15:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 12:06:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:26:46 PM
- Applied Digital Announces $160 Million Strategic Financing, Fueling Transformative Accelerated Compute and AI Infrastructure • GlobeNewswire Inc. • 09/05/2024 01:00:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/04/2024 11:58:21 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/31/2024 01:46:58 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 09:25:19 PM
- Applied Digital Issues $53.2 Million Convertible Preferred Stock to Advance HPC Data Center Project and Accelerate Growth • GlobeNewswire Inc. • 08/30/2024 08:05:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/30/2024 11:03:36 AM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 08/30/2024 10:53:17 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 09:08:07 PM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM