SYT General, page-48

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    How remiss of me JJ. So sorry to present such ludicrous material to you and others. Allow me to dumb it down a little so you won’t be so alarmed and offended:

    Google tells me that the number of smartphone users in the world will be about 2.32B by the end of this year.

    If Syntonic can capture just 12.5% of them as customers they would have 290m customers.
    290m is just a little more than half the smartphone users in India and Latin America combined – not totally unrealistic when you consider that there are another 1.76B users elsewhere in the world.
    If payments to SYT varied from $10 to zilch per customer pa. the average could be around $5 pa per customer.
    290m x $5 = $1.45B pa potential revenue for SYT
    Expenses appear relatively low for SYT so let’s allow tax and other outgoings of around 50% leaving $725m profit.
    $725m x PE of say 20 gives a MC of $14.5B

    $14.5B divided by 2.5B (the number of shares) gives a Share Price towards $6

    Which represents a 200 bagger from today’s close of 3c.

    All IMO and always happy to be corrected, especially with some constructive comment rather than emotional claptrap.
 
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