Am I looking through rose colored glasses at this stock?
We have been told this powder plant is on track to be up and running December THIS YEAR. Forecast is $40m revenue p.a. from 1 gas atomiser. Out of that, I think we are expecting roughly $16m - $20m profit. Pick a conservative P/E ratio of say 10. Does that indicate a market cap of $160m - $200m. It’s currently sitting at $53m. (160/53) x (your current holding) = $ ?.I can’t wait to see how the market responds to the first quarterly results after full production from the first gas atomiser.
I think about current geopolitics vs Titanium demand & supply, expansion to 5 gas atomisers, other projects in the pipeline, and about Guggenheim. I have accrued a lot more of this stock than I thought I would. MY OPINION ONLY is this is where I think Amaero is at:
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Last
34.0¢ |
Change
-0.010(2.86%) |
Mkt cap ! $209.1M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 33.5¢ | $62.68K | 183.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82985 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 11019 | 2 |
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| Last trade - 15.59pm 04/11/2024 (20 minute delay) ? |
| 3DA (ASX) Chart |