SYT 0.00% 0.1¢ syntonic limited

SYT General, page-48

  1. 1,468 Posts.
    lightbulb Created with Sketch. 261
    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.
 
watchlist Created with Sketch. Add SYT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.