Huge upside - FTSE LISTING = 20p18 Jan 2019 08:13
Eqt has the game changing technology and better than piers with Mcaps at 500m.
So it will be Better than tern as this will stay at those levels ie ftse 20p
Gregory Stangl, CEO of Phoenix Energy, stated: " ...believe this solution could have a wide application for US Distributed Energy market."
The whole usa can benefit from this and that’s the second biggest market globally of a 42bn industry
Here’s a conservative calculation by oracle to get to 11p which is easily doable on one of those many 10-100m contracts Ian price has said are coming near term
11p target worked another way with same result. 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 20 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
10 bags sir. Yes please