RE: Financial Times Has SYME SP Forecast of 16.69p :)26 Apr 2022 10:39
"It's inevitable here too if profits don't start to come. I can't think of any other company listed with as many shares as SYME. It's 37billion odd. Or a market cap of £6,000,000,000 (billion) if we get Hughez 16p. (this bb is the best for comedy)"
Just to clarify some of weathergeek's calculations, below are some of his calculations, could be anywhere from 1.5p-45p wow.
"@Future, here is my very first calculations. There was never £1 claims from me, bare in mind these were all with the thoughts of Storm Harbour last sept.
Senario 1 Current business
96 companies at £1.3bn average of 13.4m
272 companies at £13.4m
£4,922m in inventory
6% of inventory which is £296m in revenue (4% for coupon)
1% of inventory which is £49.2m in profit
32,755m share in issue
Earning per share £0.0015
50% of EPS paid for Dividend £0.00075 per share
Forward dividend yield of 10% @0.75p share price
@0.75p On those numbers forward PE of
10 = 1.5p share price
20 = 3p share price
40 = 6p share price
Senario 2 Current and pilot business estimate
96 companies at £1.3bn
272 companies at £40m average in inventory £10.88bn (was the reported average for self funding model)
£1 Billion in inventory from Abu Dhabi pilot
£500m in inventory from UK pilot
£12,380m in inventory
8% of inventory which is £999.4m in revenue 4% for coupon)
1% of inventory which is £123.8m profit
32,755m share in issue
Earnings per share of £0.003779
50% of EPS paid for Dividend £0.001889 per share
Forward dividend yield of 20-25% @0.7p share price
On those numbers forward PE of
10 = 3.7p share price
20 = 7.4p share price
40 = 14.8p share price
Scenario 3 - 4 hubs into 2021 conservative
96 companies at £1.3bn
272 companies at £40m average in inventory £10.88bn (was the reported average for self funding model)
£10 Billion in inventory from Abu Dhabi pilot (Same as Europe so far)
£5bn in inventory from UK pilot (Multi billion companies approach SYME according to interview.
£10bn in inventory from USA (US deal in talks)
£37,180m in inventory
£2,230m in revenue @6% 4% for coupon)
£371.8m in profit @1%
Earnings per share of £0.01135
50% of EPS paid for dividend £0.005675 per share
Forward Dividend yield of over 100% at todays price.
On these numbers forward PE of
10 = 11.35p
20 = 22.7p
40 = 45p"