Revenue Growth 22E - 60%, 23E - 92% !!!!12 Oct 2021 09:16
Just bought back in to Cap XX, the share price really does not reflect the future potential of the company, with anticipated revenue growth of 60% and 92%, increasing sales channels, increasing customers, a growing market for super caps, cash in the bank, and a decision imminent on Maxwell/Tesla Case. What's not to like?
And as Cenkos states 29th September:
"We maintain our DCF valuation of 15p at 13% discount rate with the potential for this to increase significantly as confidence in its path to profitability increases. Our valuation leaves upside from more licensees, including a potential result against Maxwell/Tesla, greater long-term market share than 5%, as well as the potential for greater growth in supercapacitor demand from IOT than assumed based on market forecasts. "