Ann: Animoca Brands and OpenST Limited to make blockchain games, page-9

Everybody has a different method to value a companies worth, probably the most common simple valuation is using the P/E ratio.

Around about x30 is common for most tech stocks, but there's many different numbers used to make the equation. For example, the numbers you referred to being $1,069,000 would imply an annual earnings of $2,138,000.

X30 = $64,140,000 market cap.
Divided by 608,000,000 shares
= $0.105
So right now,based on that equation, anything over 10.5c would be considered highly speculative. So theiretically, we are right on the money.

If you use the full comprehensive profit of $1.5+mil
X30 = 14.8c per share.

So I tend to think we will drift between these 2 numbers until a significant difference in earnings is realised, maybe the next qtrly or perhaps another great Ann on new revenues.

Lack of patience is the number one battle we face as retail investors. The way I combat this with a stock like ab1 is to hold a nice parcel for the long term and trade another parcel to fulfil the desire to profit regularly. I always keep enough aside so that I don't feel like I have to get back in a hurry, reduces poor timed decisions stemming from fomo.

Below is a copied post of mine from quite some time ago, but I think 95% of it is still very relevant.


My vision of potential here is not 15c 20c or 30c. I'm here watching for signs of the end game coming to fruition. The end game in my view has far greater potential of $1,$2,$5 and quite possibly well beyond that.

I dont play spec stocks just to double my money off a few weeks of hype and move on, I look for stocks down on their luck, with a couple of tricks up their sleeve to fund some growth fairly quickly but offer (in my view) an overall potential for 10bags, 20bags and beyond.

Now those numbers sound great but there are many hurdles to jump and targets to meet before this can be realised. Not many shareholders get to see the full fruits of a return like that because the road to it is full of pain and suffering, the down times are far longer and more frequent than the good times.

I'm willing to share my views on why I think there could be multi bags of success here but people need to accept that the con side will play an equal or greater role to the pro side along the way