EDE 0.00% 0.2¢ eden innovations ltd

Ann: FHWA Approves EdenCrete in Georgia, page-72

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  1. 1,354 Posts.
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    my forecast is $10 per share in 10 years time, or when the final stage to bring our capacity up to 100m gals per year. Think about it once Georgia Stage II is completed:
    production: 100m gals/yr
    price: $US25/gal
    revenue: $2,500 mill per yr
    profit margin: 30%
    net profit: $US 750m per yr
    # of shares on issue: 1,262,172,800
    earnings per share: 59.4c/share
    PE multiple: 15
    share price (US$): $US 8.91 per share
    Exchange rate: 80c/$A
    share price ($A): $11.14

    $10 per share is achievable with a 26% profit margin. A 15% profit margin would give a price of $5.57 - still 28 times today's closing price. I am not selling for quids at this early stage. This could fund not only my retirement but my children's retirement as well.

    what could possibly go wrong?
 
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