RE: Perfectly written30 May 2021 18:08
Obstando,
Thank you for your reply. There really is no need to get upset and no need for advice as i am more than able to look out for myself.
We all know the share price can't stand still, it has to continuously move.......so tomorrow it will probably be a different price but what i was trying to find out was if you think that in another years time, by end of financial year 2021 (April 22) when the 10,000 stores are said to be ALL online , then you said that the share price on a PE 20 will be approx. 96p...... then what is it worth today? with say just 3,000 stores online and no PE?
Its worth knowing because it will probably visit that price if there are long periods of no news flow over the rest of this year..... I do think that your points are valid, but only after confirmation of sales, re sales, average number of sales across outlets is disclosed, etc etc and if these are decent.
If the SP rose tomorrow to 85p which is was when i first came to this board.....who in their right mind will buy knowing that it will be worth only 10p more when the full 10,000 rollout is up and running in May 22, and there is another year to go before then.
I rephrase my question .... what is the company worth today? taking into account that by the end of June we will have 3,000 outlets online. Using the conservative numbers. Cheers Vas.