InvestorsHub Logo
icon url

mdimport

06/27/14 11:41 AM

#10226 RE: stocksmarter #10224

Bear in mind that IFON has its products priced so low that it can increase price points and turn marginal profits into huge profits very quickly.

Right now IFON is in the process of growing market share for the veryKool brand after having terminated its relationship with Samsung. That'll take some time, but in the coming quarters as the consumer base grows, I'd expect to see higher price points and a very nice P/E.