RE: Selling QED26 Nov 2024 12:59
Sam
Good good morning
I’m looking at 1.5p e/s on a MSC commercial deal of say just 20 ships at $50 per ton ✅
Morocco is about half as big ✅
Utah can be twice as big ✅
Others unknown
Say 5.2p
But then the market multiplies earnings by a magical factor called P/E ratio
I’m thinking that will be somewhere between x 25 and x 50 depending on how novel and impactful our market entry (upon revenue) is seen to be
I think it will be high end but even at x25 on e/s of 5.2 that’s 130p value per share owned in our very early trading days
Blue chip within a year after
Best regards 😊🥂