RE: Nomad sorted - brilliant15 Jan 2019 09:15
So nomad sorted and so upon co tract news 11p
Repost from oracle
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