so22 Jan 2017 19:43
back in 2012 we had revenues over 30 mil and we were not in profit, market cap was lower, the prixe circa 30p at some point, now there has been dilution circa 400mil with our market cap of 600 mil, that makes 2/3 that gives us at this moment a fair value based on that of 10p, BUT we are expecting all units to be in profit, as was noted on previous rns, so that would give us an sp of at least 15 p imo, regardless of reeft being in record production and turnaround, and tem getting rid of loss making divisions, we would still be massively undervalued based on industrty multiples, for media sector around 2.4 would give us based on 20 mil revenues circa 50mil market cap, with revenues now expected to be 32 mil and in profit, 80 mil market cap is minimum on results, so imo now is a really good time to get in, compare it with bigger companies making money out there, you will see how the market has not caught up how undervalued we are, not to mention we got big names involved with the bod here...8bag minimum and i am not ever ramping it..ffs