hey @jc1217 yep my view of $80 share price is simply based on achieving $400m earnings and the market attributing a 20 x p.e. ratio.
the pe ratio for growth companies is between 20 and 300 . .. we will be super high growth once the chinese factories start pumping to satisfy the chinese demand alone.
400m earnings. when you look at just the flash memory market, never mind other markets, that is just a very small percentage. so when we show a chip that is 1000 times faster, 1000 x more energy efficient and 1000 x larger capacity could we capture 1, 2, 3% of the market? absolutely. how long will that take. production should start 2021. ramp up with the partnerships we have will be exponential. chinas demand will grow exponentially in the coming 10 years and their ability to produce through the 30 x new factories that are already being built will be huge. I can see that market share and more being achieve in as little as 2 1/2 years from now or even sooner.
my views on wbt are whatever you do allocate a percentage of your holding to 10 year lockdown and resist touching it. open a seperate comsec account and call it lock down and transfer the shares into it. then . . come back om 2030 and see what you have. look at amazon, google, apple, tesla, intel, miscrosoft. the real wealth comes when you let smart bets ride for the long term. that is where you get the stories like amazon where people can say 10k invested 20 yrs ago is now worth $5m
even after the ugliest day for us tech companies check these long term growth charts. what wbt is doing isn't just going to be sexy for 6 mths. we are building the tool that will power the next generation of technology evolution.
glta
WBT Price at posting:
84.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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