Iam wondering why people think the stock price will go much higher?
I did some quick calculation:
Expected sales this year: ~330k (dmt)
Estimated margin (~1.000 $ - 430 $)
Equals: ~ 190 Mio $
Marketcap is around 4.500 Mio $ !!!
Conclusion: stock is way overpriced at the moment. We need at least double the amount of revenue to justify this high valuation.
The sale price must increase over the next 2 years to make even higher stock price likely. We will see if this happens. I have my doubts.
Sources: latest company presentation
* PLS - $2.83 - by 31 Dec 21. Updated *, page-41
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Last
$2.79 |
Change
-0.130(4.45%) |
Mkt cap ! $8.398B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.92 | $2.79 | $56.11M | 19.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 231594 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 28889 | 3 |
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