Replies to post #74628 on Nexus Energy Services Inc (IBGR)

[Choi]

The market is fundamentally based on future earnings. If we were to project $10 million in earnings for next year, given the key metrics if this industry being anywhere from 50x to over 100x, our market cap would be $1 billion with a forward p/e of 100x. Sometime a forward looking p/e goes 2 or 3 years or even further than that. Something tells me we'll soon get news in contracts, and project a whole lot more than $10 million in earning for next year and beyond.

If we had the 6 football clubs in 2016/2017 today, our share price would be anywhere from $25 to $50...