Morning everyone
Well as you all may be aware by now things are certainly starting to ramp up for Alexium. As the weeks and months progress I'm expecting even stronger fundamentals. Especially when you consider the fact we have nearly 80 customers ( thanks Pinto for your site visit) currently working with AJX to refine there current products to the highest standards so they can ultimately have a superior product (s) over their competitors.. Let's think about it for a moment..... Contracts range at present between 1 - 15 million per contract lets assume a very conservative contract win per contract of say 3 million. Ok now lets do a little basic maths on that 3 x 80 = 240 million US around 290 million AU. This is potential revenue just at the moment on a conservative basis. Remember people what NC said at the Adelaide meeting (for those that could make it) it went something like this - all our clients have multiple product lines and have the potential to generate additional revenue between 10 - 15 million per client. "Once we're in we're in" So as you can see folks 3 million per client is conservative!! Seriously it is unbelievable just how far our company has come in just over 6 months worth of production. One can only imagine what will happen once legislative changes come into play and when Dr Bob Brooks releases more new erotic products out onto the shelf
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. Technically speaking we are still just at the early stages of transitioning from the lab, Research & development to production. I'm always thinking to myself "I wonder what tomorrow will bring, let alone today"
@withheld
your questions with my response:
what is the relistic price target for ajx to reach ? when you bought in 2009 you was aim at$1.00 per share have this change now ?
Yes it most certainly has changed mate! Between 2009 and 2013 my aim was to sell out at around $1.00 per share because I new from the get go we had/ have a superior product over industry we just had to market it correctly, get patients in place and CLOSE THE SALE. We would always get about halfway or a bit better and then hit a brick wall!! Since NC moved over to the US we have seen things change 10 fold. The share price was trading at around 7 cents before he moved over we had a very, very good product but no money to show for it, till recently as of the past 6 months. So what is my aim to sell for? I will start taking some of the table around $4 then some more around $8 and hold the rest around 30% of my current holding till we either get bought out or my wife spends all my money and I have to refinance my accounts
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what is the biggest risk for ajx? i just couldnt really determine, very few competitor in this industry, running good this year, contract on the way, the best product , make profit ?
what actually make it as high risk (speculative)?
The biggest risk for AJX - keeping up with all of the demand. So far Alexium is doing an excellent job within this department
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Think the only reason why we are still considered a high risk speculative stock
is because the numbers on the books still are running at a loss. But look to the future (short term) my friend we are so in the money now I can almost sniff it and touch it
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Have a good one all.
Cheers
Red bar