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Ann: MIGGSTER achieves 3 million pre-registrations milestone, page-83

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DannyDiamondHands

812 Posts.

19/10/20

13:05

Post #: 48200328

Originally posted by Chrisp26: ↑
Someone please correct me if i'm wrong - but some very back-of-a-napkin calcs show that if they can pull this off and convert even 5% of the pre-registrations then this company is way under valued on a P/E of 10. Not to mention they have the MTN (and other) projects going on in the background.

Pre-registrations 3,000,000

1 AUD$

2 Conversion from pre-registrations 5% 10% 15% 20%
3 Subscribers 150,000 300,000 450,000 600,000
4 Revenue (@$12pm) $1,800,000 $3,600,000 $5,400,000 $7,200,000
5 Prizes (est. p/mo) $58,333 $58,333 $58,333 $58,333
6 EM1 cut (64.5%) $1,102,667 $2,263,667 $3,424,667 $4,585,667
7

8 Annualised gross rev $13,232,000 $27,164,000 $41,096,000 $55,028,000
9

10 P/E 10 10 10 10
11 Valuation $132,320,000 $271,640,000 $410,960,000 $550,280,000

*please don't take this as advice - this was pulled together in 5 mins with some very rough numbers from announcements.
Expand
1-5% conversion to actually paying customers more realistic imo 20% conversion is bonkers.

that said we could see millions more pre-registration

EM1 Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held

3 Upvote

0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $8.054M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$7.069K	1.009M

Buyers (Bids)

No.	Vol.	Price($)
3	581566	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2833808	5

View Market Depth

No.	Vol.	Price($)
3	581566	0.007
7	3270965	0.006
4	1026833	0.005
4	9300000	0.004
3	2300000	0.003

Price($)	Vol.	No.
0.008	2833808	5
0.009	4671480	6
0.010	2763194	4
0.011	3000000	2
0.012	10607	1

Last trade - 14.49pm 10/10/2024 (20 minute delay)

SP8 (ASX) Chart

Ann: MIGGSTER achieves 3 million pre-registrations milestone, page-83

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Buyers (Bids)

Sellers (Offers)

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	Pre-registrations	3,000,000
1	AUD$
2	Conversion from pre-registrations	5%	10%	15%	20%
3	Subscribers	150,000	300,000	450,000	600,000
4	Revenue (@$12pm)	$1,800,000	$3,600,000	$5,400,000	$7,200,000
5	Prizes (est. p/mo)	$58,333	$58,333	$58,333	$58,333
6	EM1 cut (64.5%)	$1,102,667	$2,263,667	$3,424,667	$4,585,667
7
8	Annualised gross rev	$13,232,000	$27,164,000	$41,096,000	$55,028,000
9
10	P/E	10	10	10	10
11	Valuation	$132,320,000	$271,640,000	$410,960,000	$550,280,000

Ann: MIGGSTER achieves 3 million pre-registrations milestone, page-83

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