AJX 0.00% 1.1¢ alexium international group limited

lessons learnt, page-101

  1. 7,708 Posts.
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    Morning all,

    There really is a perfect storm brewing in terms of news flow leading up to the IPO, the rate of growth for 2015 alone has surprised even Alexium, based on just 2 customers alone, Alexium have stated that revenues will reach US $20-$25m range combined per annum (the recently announced home furnishings customer, and the European automotive client) and this doesnt include the other customers which were announced in Jan, Feb and March, nor does it include more than 20 customers in pre-production, production and scale up stage plus the DOD and its clear that next years revenue estimate by fosters of $55m is looking extremely conservative.....

    The other thing to note is that Alexium continues to generate many leads Alexium just exhibited at Techtextil North America, we all know how successful the Frankfurt Techtextil was, but apparently the North American exhibition is even bigger for Alexium in terms of customer potential according to NC.

    Which ever way you look at it the current fully diluted market cap of $165m (300m shares) looks very very cheap based on current customers and especially for what lies around the corner.

    If Alexium continue at this of growth then I have no doubt that by years end we could be staring at a market cap of $400m+

    cheers
 
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