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Re: doesitreallymatter post# 3575

Tuesday, 09/28/2021 2:57:39 PM

Tuesday, September 28, 2021 2:57:39 PM

Post# of 20064
Let's go back earlier this year...Last run started around .02 and ran to .24 We had the announcement of the first movie being released. Which I believe along with our CEO buying shares/paying off debt started a nice run imo. At that time I believe ABQQ didn't have any revenue. Now we have two movies out generating 4.5 million in revenue and CEO buying a large chuck of shares @ .08. Plus two more movies in the pipe line. Also we have ABQQ TV streaming service up and running this year which is a big reason I'm here and let's not forget ABQQ announces partnership of STAREASTnet, a leading Chinese entertainment artists network; ABQQ will hold 40% stake of STAREASTnet NFT Movies and Music Marketplacee.

I've seen a few valuations done. Stockfan several months ago and Kingjo Stocktwits. Here's one from Stockwits:

Yesterday's close was 4.04, Price/Book Ratio 1.2% Industry Standard was 28.1% (.0404 x (Ind Ratio 28.1 minus Co Ratio 1.2% = 26.9%) Close price .0404 x 26.9 = Fair Market Value of $1.086.

TTM Rev growth: Company = 109%, Industry Growth = 60.3%
TTM % Chg: Company % = 150.65%, Industry % Chg = 93%.



Undervalued and Yes, I'm buying.

$ABQQ
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