I like the response. This makes sense. However, I use different multipliers when I factor in what I believe should be market value for this sector. I also give more lenience to the companies without debt and real products. That’s why I’m a huge fan of both of these companies.
I’ve laid out my kgkg numbers in depth on their board, so I’m not going to duplicate it here. But I do love seeing the actual numbers you’re working with. Instead of the same old same old “it’s too high” comments without backing.
VATE will be a very strong play. KGKG will consolidate eventually, but it can run much much higher before that. And there’s strong reasoning for me to make that claim ;)