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Master-of-Disaster

08/02/21 8:33 AM

#109186 RE: Kroooo #109183

He does not project revenue any more because it's always wrong on the very high side and many have called him out on that. It only took him 7 years to adjust.

lesgetrich

08/02/21 12:08 PM

#109188 RE: Kroooo #109183

LOL We can keep redoing the numbers, however, new projections have been coming rather quickly lately. In the case of Vengar Technologies, all we know is that they're projecting $45 million revenue over three years. We don't know what the profit margin will be or whether the revenue will be evenly distributed each year. There's already a large degree of uncertainty of roughly $25 million in either direction based on Pulse earnings so Vengar wouldn't add much to the estimate. Again, keep in mind, all we're trying to do is figure out what a rational range of target prices could be. In this case the range is quite large depending on what industry class we put Everything Blockchain into. However, a pps of roughly $50 is quite reasonable for a financial services company while roughly $800 is not out of the question if we classify them as "Software (System & Application)"