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zen222

05/06/17 11:40 AM

#48846 RE: BobDude #48845

No, I and other folks grounded in reality appreciate your well thought out and sober calculations. Seriously, thank you.
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faqt

05/06/17 1:08 PM

#48880 RE: BobDude #48845

Valuation scenario - $1.00+

For early stage companies like this, P/E can be meaningless, better to go with P/Sales or P/Book

TSLA has 22B assets - 17B debt = 5B Book Value. 10B Sales. 50B valuation (aka Market Cap, Price).

That's a p/b = 10, p/s = 5

I've seen higher p/b for companies with less debt. E.g. TSX:BTL's p/b is over 60

I assume:
1. DOLV doesn't have a lot of debt (and how could it yet? It's brand new)
2. It has assets of 100M, which their manufacturing plant could easily be worth

And I can easily see how this company could be worth 1 Billion or more (with conservative p/b of 10), which would justify DOLV maintaining PPS of $1.00+ After financials are released.

This is just one scenario, and there are certainly other possibilities that could increase DOLV's value.

There are also downside risks, but I see upside outweighing them.

I am long DOLV
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Somethinggood

05/06/17 4:06 PM

#48948 RE: BobDude #48845

Conservative calcs are what we want.

I'll say this though, TESLA only made 75k because they are luxury cars for one, and two, and here's what's important, they aren't producing for the taxi market. Don't forget we aren't just targeting retail. That 100k order could very realistically be filled this summer.

Like floridany already pointed out - we are already in production.