RE: Upwards23 Sep 2019 10:40
A previous poster stated 600 usd per MA if we assume this is true and production doesnt increase from current revenue will be 600*4000*12=29m usd/annum or 23m sterling. If 10% is profit and a conservative PE ratio is 10, £23m is a realistic market cap giving a sp around 7p.
If we include our long term receivable of $6,141,000 too then add another 5m so 23m + 5 = 28m so just over circa 8 pence a share.
Another great thing we have enough cash to last a long while for admin expenses until imo mid next year with no real debt.
We are now at a stage whereby we would be selling our oil palm products in bulk and what we are producing ourselves in bulk.
All research done in the past by others and remains true.
Really is a monster in the making, with a takeover by KLK the most likely scenario.