Valuations are being kicked around so let's do another with some rough math..
$568,000,000 in contracts disclosed to date by JP Energy..
@ 20% GM = $113,000,000. At a 10 PE, that's 1.13B valuation, at 20 PE that's 2.26B, at 30 PE that's 3.4B. Div by share count and you get a range of 27 cents to over $1 per share.
@ 30% GM = 170,400,000. At a 10 PE, that's 1.7B valuation, at 20 PE that's 3.4B, at 30 PE that's 5.1B. Div by share count and you get a range of 55 cents to over $1.60 per share
@ 40% GM = 226,000,000. At a 10 PE, that's 2.3B, at 20 PE that's 4.6B, at 30 PE that's 7.0B. Div by share count and you get a range of 73 cents to over $2.25 per share.
I think Sterlings and Lottaleads previous valuations make a ton of sense. I personally appreciate all the analysis they put out on the board which got many of us interested and ultimately invested! Thanks Guys!
But wait a moment, what if JP Energy has more contracts? There definitely was a mention of an Attached list of contracts coming in we haven't seen yet. And they have LNG partners and waste recycling plastered all over the website. Is a list of contracts 2 contracts or is a list really a list of a number of contracts.. if it's the later as I believe they eluded then you would have to add another multiplier effect to the above valuations.. Woot Woot $$$$$!!
Hmmm $7M market cap with shorts and bashers warning us all day. This could be the holy grail folks. I don't tell people to buy usually but get what you can while the getting is good in my opinion!!!
