robsaia
I have stayed quite conservative in my estimates. When I do the numbers I allow for worst case scenerios. Therefore I figure 100 or even 200m in revenues is not likley. why because its too good to be true.
So if we are bringing in 20 or 30 m in revenues and the profit is decent we are still in great shape here especially with the likley wonderfull forward guidance that eventually leads to 100 to 200 m in revs.
When you dig deeper you may get these numbers They claim 2000% gains quarter over quarter. The key here is what number did we start with. Lets take 600k for a out of the blue figure which is likley low certainly realizing seafood cost big bucks. not hard to bring in 600k per Q since (they have been in business since 2002. Also when they first when public they were trading at 0.30 cents opened at 0.60 cents. Market caps of 30m and 15m Very reasonable asumption i think everyone would agree. Even low!The first quarter since growth hit would be bringing in 12m dollars more per Q since figuring in a 2000% increase of 600k per Q. At that rate If each quarter performs like this we will likley be near the 100m to 200m in one year.
Is my math wrong? shall we plug in other numbers? this is very good for everyone to put in their input
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
