BIG 0.00% $2.22 big un limited

BIG - Peer Comparisons Valuations, page-24

  1. 1,415 Posts.
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    Exactly right, many funds have rules as to how much they can invest in different market cap brackets. As we cross $100 mil Im sure many insto's who have been watching eagerly will be able to invest. We are just getting started I believe, and should be jumping to 100mil fairly soon, then to 200mil in the next few months. I see fair value somewhere around the 200mil MC currently. Sounds too high because weve been way undervalued for too long. However, with a likely profit of around $2.5mil for next quarter we're looking at an annualised profit of 10mil. As a growth stock a forward looking PE of 20 is more than reasonable, and I believe we should currently be valued close to $200mil. But this is just the beginning, as we have so many growth opportunities with pillar 1, should see growth be even quicker in overseas markets as they are larger markets and management have experience now from growth in Australia. Then there is pillar 2 and 3.... If growth continues, will easily hit $400mil in the near future, and blue skies from their if growth from other pillars starts to really kick in.
 
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