PNV 2.26% $2.59 polynovo limited

Ann: Business update and earnings guidance, page-18

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  1. 1,839 Posts.
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    HandsDontCount, you are being too pessimistic. If there were sales of $50 mill. the EPS would be about 5c. At 70c that would represent a PER of 14. There's no way it would be that low given the market potential. It is pure speculation but I reckon an early growth stock like this if it was taking in $50 mill in sales would be on a PER of 40. Even CSL, which is a mature growth company, is on a PER of 41.

    So, if you think $50 mill in 3 yrs then I would punt for an sp of $2 as not being out of the question. Is that justification enough?
 
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