11p target price - Easy here EQT3 Jan 2019 11:04
Contracts from 10 to 100 million are coming here.
Not my words the CEOs.
Now the intelligent ones will have looked into the valuations of companys that generate such contracts and realised that 210 million market cap based of 30 million earnings on a 7 times multiple is coming here easy peasy.
Thats gives us a share price of 11p.....a cool and easy 10 bagger from here.
Like i said Covanta who is just one of EQTEC similar peers trades at a 1.6 billion valuation....on a circa 7 times multiples PE.
The upside here really is incredible and this is a once in a lifetime AIM investment.
Who remembers Tullow oil, Asos, fever tree....what do all these companies have in common...well they all rose and took giant leaps from being micro caps to becoming FTSE companies. I fully expect the same for Eqtec this year.
Trick is to load up ans build a large stake early and then the most hardest part is holding....that makes the difference between making mega rich retirement money or not.
I know where i stand with my investment here. I will share with you all later the market valuations of eqtec peers and then you will also realise that 11p ie 200 mln market cap here could just be the tip of the iceberg
When these eqtec get going they will motor very very fast.