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logytwo

03/14/19 12:13 PM

#502 RE: TheFINEST #501

Looking at financials, I think the burn rate is about 3.6 mm per year, add 400k for this and that and we're at 4mm. 8 - 4 = 4, $4mm / 152mm shares = 2.7 cents. 2.7 X 20PE (conservative) and I think we should be trading at .54. Lots out there trading at a PE of 50.

Cuervman

03/14/19 12:15 PM

#503 RE: TheFINEST #501

SaaS growth companies tend to be very richly evaluated, but that when there’s audited sales and such. You can easily see a 100x forward PE multiple if contracts are coming in and sales/costs are audited. Look at a company like Shopify as an example