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If thats the case then JAT is trading at negative 2x if your...

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Mundo122

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20/02/20

00:21

Post #: 43033993
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Originally posted by demoniaco ↑

ZNO news announcement in aftermarket.

Their financial position is (in the company update) sounding much healthier but is built in with so much assumptions that it's impossible to quantify the current financial numbers and apply it for the entire year.

Coronavirus is on a decline so $30k-$50k revenues per day won't last very long. Even under the assumption that it stays that way the entire year, its market cap is trading between 13x-19x revenue which is still crazy high.

For anyone who cares, I did a breakdown of multiple financial scenarios of ZNO here:

It's hard to say what the market will do. Your average joe will read the company update and go "wow $3.5m sales in 1.5 months is better than all of last year's revenues" and likely be mighty impressed.
I suspect those with the big dollars will bail out, but I'm not a broker, so who knows.
The only real takeaway is: don't invest in ZNO

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If thats the case then JAT is trading at negative 2x if your looking at revenue
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