Replies to post #38610 on S A M Trade Asia Pte. Ltd. (SMFX)

[Nefyn]

If 5M in revenue, you’d need to add a multiplier to estimate the market cap. Conservatively 5x. So market cap should be, at a minimum, $25M, a 100 bagger from current pps

[chemist72]

I'm speculating that they issue mainly preferred shares to insiders with a restriction of 1-year for conversion to commons.

Of course they could issue some commons as well, but why would Sam want to "kill" the share price right out of the gate??

I'm looking for brighter days ahead. -jmo

P.S. If a comparable company already trading on the pinks has a share price ~$.60 and SamtradeFX has 10 times their revenues, there is no reason why Samtrade should be at anything below about $5 per share. -jmo