RE: SYME valuation1 Nov 2020 22:28
@Parm, The real consistent share price would come from steadily producing results (years) with growing revenue and profit. Once you have several of those, many more investors will be happy to pay a premium. However, hype can do it too. Just look at Tesla. It's anyone's guess, when the true value of SYME will be seen re the €8bn or 600 clients a year target. For sure, once each stage progresses, it will move north. SH being the first hurdle it seems to that.
It would really surprise me, if SYME stayed cheap for much longer. The returns in just a few years from here are staggering. The team is highly experienced, big institutions are investing already before revenue and even first completion of the securities.
The stock market usually prices in future growth. I would not be surprised if SYME got there share price wise, quicker than actual profit and revenue. The growth is so quick and high, people will pay a premium soon to not miss out. 2021 will be a good year here in my mind. €4bn of the €8bn expected.. Self funders..