MJP martin aircraft company limited

Its fair to say they have a business with the recent EOI

  1. 3,400 Posts.
    if this is the case then if we assume 40 individual groups placing deposits at an average sale price of $200,000 USD then we are already looking at $8 million in sales - lets assume of the 1000 expressions of interest that it converts to 20% sales that is 200 more sales at $200k = 40 million !! - they have a business and in theory of each sale produces 35% EBIT that gives them $12 Mill profit divided by $250 million shares by P.E multiple of 10 -well il lt you all work out the rest !! big money potentially is all I'm saying and multiples of current share price

    "About 1000 expressions of interest have been received from the public, with 40 of them laying down a deposit already. Recreational jetpaks will carry a price tag of around $US150,000. An un-manned courier model is expected to sell for about $US200,000. Military models could fetch up to $US250,000."
    Last edited by Schumacher: 16/03/15
 
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Currently unlisted public company.

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