Stock DoctorAfter speaking to the Chairman, he was a bit loathed...

Stock Doctor

After speaking to the Chairman, he was a bit loathed to provide too much clarity on the future sales, said he subscribed to the less is more theory. Reading between lines though, it seems the exisitng sales could grow 30-40% based on previous growth patterns, and the revenues to be generated via their distributor agreement in South America could provide alot more growth on top of that.

If considering whether to buy right now or not, l would perhaps load the current sales by say 25% and work out a pe valuation based on that. Always pays to be conservative with these sort of things.

Canadian Bunny