RE: Eqtec = ££££9 Jan 2019 09:29
This is why
Earnings of 30 mln from contracts on a PE multiple of 7 takes us to a market cap just shy of 200 million in 2019. This is a share price non diluted target of 11 pence - present price 0.95 of penny is a joke right now.
But still the above is very very very cheap....why you ask because similar competitors like Covanta are sitting at a circa 7 time PE multiple at a 1.63 billion market cap.
Still v cheap to other leaders in this space...look.
EQTEC 17 MILLION
EDF - $41.7 Billion
WASTEMANGEMENT INC - $37.5 Billion
Shenzhen Energy - $20.81 Billion
Grandblue - $10.7 Billion
Veolia - $9.8 Billion
Suez - $7.15 Billion
Suez Environnement - $7 Billion
A2A - $5 Billion
Viridor is Part of PENNON GROUP (PENNON is listed ) - $2.99 Billion
Chongqing Iron & Steel Company (CISC) - $2.4 Billion
Covanta - $1.76 Billion
MVV Energie - $1.67 Billion
Grandblue Environment Co. Ltd - $1.4 Billion
GCL Poly - $1.12 Billion
China Everbright - $0.82 Billion
Hitachi Zosen Inova AG - $0.518 Billion
11p is a 10 bagger from present prices
With multiple contracts ranging from 10 to 100 million in value about to land we are going to see a meteoric rise in share price here.