InvestorsHub Logo
icon url

JPetroInc

04/27/05 1:11 PM

#13550 RE: joedimaggio_6 #13547

Joe, heres my own thoughts on this topic

http://www.investorshub.com/boards/read_msg.asp?message_id=6164350

All the Best, JP
icon url

10thMountain

04/27/05 1:14 PM

#13551 RE: joedimaggio_6 #13547

JoeD. I must say that you have put a lot of money into something that you don't seem to truly believe in.

Just an observation.

icon url

Vercingetorix

04/27/05 1:16 PM

#13552 RE: joedimaggio_6 #13547

Joe D, I would think that most companies have it as a goal to get listed on a major exchange. The OTC is for the birds. Besides, if we do get up into the billions, it will be because of institutions taking a stake in the company, and that will REQUIRE a major listing. There aren't really any exceptions to that rule.

Virgin, Microsoft, Google, etc.. will get us up into the dollar ranges, but a relisting is essentially what will really keep us there.

Otherwise, its just a bunch of average joe dimaggio's trading shares back and forth.

JMHO
icon url

yellowjacket

04/27/05 3:16 PM

#13595 RE: joedimaggio_6 #13547

Joed_6: Google's market cap is currently $60 Billion and Yahoo's is $48 Billion. If NEOM is as BIG as we think it's going to be, I see no reason at can't reach a market cap of $44 Billion, i.e. a pps of $100. JMHO. Who will wait and see?!
icon url

lesnshawn

04/27/05 3:23 PM

#13599 RE: joedimaggio_6 #13547

joedimaggio_6: C'mon, 7 or 10 bucks/share...a crazy dream?

Look, let's do the comparing that's been going on, i.e., "the next Google".

Let's just say we do march that way and let's just stop at the billion plus revenue that TS mentioned.

GOOG had 3+billion last year in revenue. They have a market cap of 60+billion (20x's earnings), have almost 275million shares out and they are $219/share.

Let's apply that math to NEOM at 1.5+billion/year in revenue:
20x's earnings @ 1.5+billion = 30+billion market cap
Let's say 500million shares out = 30+billion/500million =

$60/share!!!

It's time to start getting realistic. Especially after the news starts rolling out. If no news ever rolls out and no 10Q's start supporting such a hypothesis, then yeah, 2 or 3 dollars would be great.

Are you expecting good news, bad news, or no news?

Personally, I'm expecting the news to come and the news to be good. Then the 10Q's should back that news up.