RE: Sales company is SO under Valued12 Feb 2014 15:12
I am assuming that $3,288,070 Megaman sales include supply to screwfix, amazon, Maplin etc. - as Megaman are the UK master distributor.
So from 1 Nov 2013 Megaman orders are the same as JSJS sales.
i.e. sales H1 are $3,288,070 + $800,000 = $4,088,070 or about £2.4m. Suggesting Annual sales about £5m. Still a big number with even bigger prospects.
The SP was .66 when sales reported as £1.1m ( Sept 2012) so reasonable to expect SP of 3p for sales of £5m? Anyone else got a view?