Interesting times ahead11 Sep 2018 09:33
This share has a very bright future, lots are talking about £2+ however I think it is more important to focus on the market cap. We are currently sat at £23m this figure is personally a fair representative of a company making a profit of just £0.65m. However! Having a share with £0 debt, constant growth potential and a strong DTC platform means today the market cap is correct, without future earning priced in. In 6months if we can increase profit to £1.8m then we should be trading round £45-65m MC at £3.5m yearly profit we should be round £80m MC. With ST potentially now having a route into Boots and Tesco, Roots increasing rapidly and Prolong launching in Canada and then Europe I can see profits rising sharply over the next few years. This company is young… very young its growing steadily but with Tesco, Boots and Super Drug stocking its core products expect this company to start growing much faster.