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Re: skichic post# 10267

Thursday, 06/29/2023 12:08:54 PM

Thursday, June 29, 2023 12:08:54 PM

Post# of 11596
If the filings really do show ….

anywhere near $120 million revenue and $4 million in “net profit”

Then we should rocket to at least a $100 million market cap valuation eventually. May not happen in the first day or first week after the release, but should do so in due time.

$4 million net profit (earnings)
P/E ratio = 39 (industry avg)

= $156 million market cap

$156 million / 17.2 million OS

= $9.07 per share.

Even if P/E ratio is only 25
= $100 million market cap
= nearly $6.00 per share.
Bullish
Bullish