RE: Eqt - Contracts And ftse target28 Jan 2019 10:15
Thanks for the calculation oracle - always good to back it up with the maths like you have
Not to forget that the ftse 250 Constituent start around 400 million market cap
Halfords Group 426m
Superdry 441m
Stobart Group Ltd 570m
Rank Group 580m
Card Factory 583m
So we can achieve both a market cap in line with competitors whom we are superior in tech and reach than and get on the ftse 250 index
Ian price enlisting strand Hanson who only deal with imo top end clients will Achieve this
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AimOracle repost
Target price
This is based of the Price to earnings formula. End result 10 bagger coming here all. :-)
1. Price per share = PE ratio X earnings per share
2. we make post tax earnings of 30,000,000 for the year say from from one contract
3. we now have 1,804,744,243 shares in issuance (per RNS 29/10/18)
4. That gives us earnings per share of .0166
5. If we have a PE ratio of 7 to be conservative like Covanta
6. Price per share = PE ratio X Earnings per share
7. Price per share = 7 X 0.0166 = 0.1163 = 11.6p
And that is from one 100 m contract - we have several to come
Look at peers
EQTEC 25 MILLION market cap only versus
Covanta - $1.76 Billion
MVV Energie - $1.67 Billion
Grandblue Environment Co. Ltd - $1.4 Billion
GCL Poly - $1.12 Billion
China Everbright - $0.82 Billion
Hitachi Zosen Inova AG - $0.518 Billion