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Re: shotsky post# 76847

Tuesday, 02/06/2024 9:32:06 AM

Tuesday, February 06, 2024 9:32:06 AM

Post# of 88837
shotsky I generally agree with your post. I once ventured the possibility of a profit margin of about 2% as a mere guess. One reason why I expect it to be low is that normally the profit margin decreases when the volume of a deal increases. But I am open to thepossibility that it may be somewhat higher. If revenues of 2.5 billion dollars are generated this year net profits would be 50 million dollars. A modest p/e ratio of 10 would lead to a market cap of 500 million dollars or about 8 cents per share, or more than 10 times the current pps.