Replies to post #9088 on American Bio Medica Corp (ABMC)

[Boersi]

looking good!

[Boersi]

Another math;

Already on May Allgenericos Equador stated sales of 11 mln test kits. That was exactly 2 months after ABMC has announced that they will start to sell those kits.

If we assume ABMC can sell 10 mln kits each two months, so we could sell 60 mln kits per year.

Price for one kit = 5$
Profit for one kit = 50 cent

Estimated annual kits revenues: 300 mln $
Estimated annual kits profits: 30 mln $

With a PE ratio of 20 ABMC's MCap should be: 600 mln $

So we should have a PPS of about 16.5 $

With all that what we know, ABMC will see new all-time highs within next 12 months.

$ABMC