Now here's the part I'm waiting for.
"You are nuts! Drinks could never sell that much beer! I know those are worst case scenario numbers but Drinks has also done worse than the worse case"
or
"There is no way they could make that much beer. MBC can only make up to 1 million cases a year. I know they have 12 other breweries at their disposal to outsource the demand but who would what to be a part of such a hit and lucrative sub contracting brewing agreement?"
or
"Drinks has had declining sales for the past two years. There's no way they could sell more than $5 or $10 worth in a year. That is if they ever sell any."
or
"They haven't reported earnings and number for last Feb, Mar, and April yet. We won't be able to look at what DKAM is going ot do in 12 month beer sales until 12 months from now. In the meantime, we have to focus on what the company did 6 months ago as a true measure of where this company is going."
or
"I am an idiot. I have no justifiable arguments left to hold this company back so all I can resort to now is making chit up."
At $180 million in sales with a 28% gross margin, then net sales will be $50,400,000. Net profit on those sales will be $44 million. O/S shares at 1 year out will be 28 million. Net profit will be $1.57 per share. HANS carried a P/E of 70 for 2 years while it was moving. So, a conservative PE of 30 on Nasdaq listed DKAM would put the price at...
$47.10
