how much earning to justify support at $0.3 ?, page-4

  1. 5,279 Posts.
    Commie. You're asking the wrong question. The question you should be asking is "What current share price is justified by FUTURE earnings which can be derived by historical revenue growth rate of around 10% per month, recent growth in market place from 10-15m to 400m - 800m as well as future market growth"

    I would say that the answer is $1 minimum.

    This ties in with the industry average acquisition multiple of revenue of around 15x = about $300m - around $1 per share (without even taking into account the present rapid growth rate and what we will see over the next few months and years based on Singtel, Sprint and others which will surely arrive).

 
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