Let’s project into the future. Capricorns customers purchase around $3.2bn in parts from suppliers annually.
Agrichain have $2.2bn worth of grain “at any given time”. I’m unsure how many times this will be turned over but to be conservative, let’s say twice, so $4.4bn.
Approx $1bn in flows will be processed annually from Carpet Court.
$7.6bn in flows from the above, let’s say an average of 1.5% earned is about $114m in revenue.
Using a P/S ratio with a multiplier of 5, the SP would be around 13.5c. In saying that, the higher the revenue (and therefore profit), the higher the multiplier is likely to be. A multiplier of 10 would see the SP at 27c.
Bear in mind however, this is using figures recently released from the company and doesn’t take into account further potentially substantial revenue streams from Capricorn, Agrichain, eBev, other verticals, international expansion and so on.
All of this will take a number of years to eventuate, but given the company’s stated goal of processing $1bn in payments this financial year, it seems it may take off sooner rather than later.
@Alabamawhorley - keep up the good work pumping Agri chain and FSCO - employer will look after you
Beware newbies of paid trolls giving unlicensed financial advice
- Forums
- ASX - By Stock
- Ann: Investor Webinar
Let’s project into the future. Capricorns customers purchase...
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.92M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $3.226K | 358.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 8874638 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3012000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 8874638 | 0.008 |
11 | 8321140 | 0.007 |
8 | 5483500 | 0.006 |
2 | 2300000 | 0.005 |
2 | 1750000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3012000 | 3 |
0.010 | 3116464 | 8 |
0.011 | 8901721 | 10 |
0.012 | 11581705 | 16 |
0.013 | 2914845 | 4 |
Last trade - 10.09am 23/08/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online