Replies to post #4803 on Solar Integrated Roofing Corp (SIRC)

[Wrangler1]

Depends on multiple of sales. Market cap is $3.4M w 138M shares. CEO is projecting $25M annual run rate. Current cap puts it at .13x sales. Assume stock price at 1/2 annual sales puts it at .10. I think .10-.20 is reasonable valuation. All depends on what multiple you out on it. Q1 ending 5/31 will tell the tale as far as how their revenues are running.

[Liberty777]

I don’t disagree with the .1-.2, but targeting more in the .22-.30 range personally, in this overpriced market.
Won’t take much excitement or momentum at $25,000,000+ revenue to push it up to $.30 if they’re even close to being profitable.