RE: This is Poor research12 May 2021 20:12
“Follow the money”
SteveV
Posted in: NCYT
Posts: 543
Price: 1,158.00
No Opinion
RE: NCYT26 Jan 2021 18:12
No wobbles Please. This could be £17 by Friday.
SteveV
Posted in: NCYT
Posts: 543
Price: 1,088.00
No Opinion
RE: my £42 per share dream19 Jan 2021 18:47
You could be right Porky. If we assume a £350m revenue for 2020 is potentially bid able at circa 10 times revenue to give a takeover price at £50 per share, we know 2021 revenue is predicted AND expected to be substantially higher, if not more than double 2020. So, say, a £700m revenue for 2021 gives a takeover price at potentially £100 per share !!!
BUT Numis's "Blue sky" valuation suggest that revenue for 2021 could be £900m. IF that happens, at the end of 2021 you could say that equates to a takeover price of £128 per share ...!!!? Surely not. Wow!!!