I guess there may be other ways to slice and dice the numbers, but I’m a pera-Bull, a glass half-full guy…
So a rudimentary analysis of the NEM data shows that in the last 20 years TPS has had sales of around $750m total - an average of $40m a year. But since we’ve already achieved close to $20m in just the first two months of this year (Jan.& Feb.) (at an average well above the $200 projection)(it’s been $260 for the past 12 months) - even adding the same amount as achieved by the previous owners over the period, were on track for $50m in sales (so naturally I think it will be more ). (And that’s just TPS of course).
Retail may be tapped out at the moment, but when the numbers become clearer to some deeper pockets, we will get a rerate imo - it’s Economics 101.
TECH may be in a period of stasis but the wheels seem to be starting to turn in the right direction. Our QPMe life-line seems well attached…
GLTH
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