50c in 2018 possible?, page-74

  1. 4,502 Posts.
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    Thanks @michaelx

    Did similar scenario 5 weeks ago.

    Now that we have 51% of GK, here is an update.

    ~


    Peer comparisons:

    Company names, Market Cap/Turnover ($m)=Ratio

    Bellamy , 2198/240 = 9.15
    A2M , 8498/523 = 16.2
    Wattle , 215/0.9 = 238
    Bub , 286/3.9 = 73.3


    ( Info from Ahf presso, 26/3/18, page 27 .
    Not holding Ahf)

    ~


    What about JAT?

    Turnover, approx

    i)Daigou+Online (non IF) = $10m
    Best peer comparison is AU8
    MCap = ~$100m,

    ii) GK , IF, 51% of 6m = $3m

    iii) iOne, IF = ?

    iv) Future businesses from JD, Kaoala, SDK & CiiE = ?


    Lets add

    i) $100m

    ii)Average of Wattle & Bub
    = ($238m+$73.3m)/2
    = $156M


    Total MCap
    =$256m

    Shares on issue
    = 455m to 500m

    Share price:
    256/455 to 256/500


    $0.51 to $0.56c
    (excluding future business from, another 40% of GK, iii & iv)

    We have a high chance to march on to 30c, 40c,and 50c, in the short term
    ~


    Cheers
    Aimo. Dyor
    G
    ~
    Last edited by Glyco: 27/03/18
 
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