Interesting, If that IS the case then the market is pricing...

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37 Posts.

12/12/16

11:46

Post #: 21269342
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Originally posted by The Wild Man ↑

"Now what is IAM's profit? well at 12 million revenue, and around an average 10-15% of that being net profit (that's generous) That's 1.2-1.8 Million dollars of profit... MAYBE .. "

___________________

I hope you like humble pie because here's a serving for you....

Not only do you need to do more than 3 minutes research.... but you need to actually READ what's posted here before making futile attempts at tearing a post down.

I clearly stated above (and every single investor in IAM totally understands this) that the M1 - M4 targets were NPAT. That $40,000,000 figure is NET PROFIT AFTER TAX, not revenue as stated by you erroneously.

So now to your question above.... "What is IAM's profit ?"....

Your answer .... $1.2 - $1.8 million p.a.

The correct answer..... $40 million NPAT over 3 years ie approx $13.33 million (as an absolute minimum) and presuming that MOU#2 through #6...#7...#8 etc "fall over". Some may fall over, but all ? Unlikely.

Now, interestingly, averaging your (false) estimates at $1.5 million p.a. and using the proportionality to the correct estimate of approx $13.33 million p.a..... if we then take your ever so generous "5 cents" estimate we get....

. ( 13.33 / 1.5 ) x 5 cents = 44.43 cents

as a fair price in YOUR estimation (if only you had used NPAT rather than Revenue to base your figures on).

Would you like fries with your pie ?

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Interesting,

If that IS the case then the market is pricing roughly a 12% chance of Intiger succeeding to make the 40 Million by 2019 at the current share price.

Do you have the source for the 40 Million in net profit, btw?
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0 Great analysis

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