Re: Hi GeneralLevy11 Jun 2015 10:45
Basically the proactive investors article, which I think was a bit pessimistic with a margin of 10% on £80 million of sales by the end of 2017, I think that's a grim margin for something with such intellectual property and for something that has the ability to slash costs for companies - Merc or Audi wouldn't sell a car at 10% profit margin. So at £8m x pe of 20 = £160m minimum. I think the £8m will be higher, and the pe will be higher as its a high growth market, probably with shed loads of government incentives and subsidies, and a big market to fill! It was just finger in the air stuff GLA