RAP - The Main Game, page-888

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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epiphyte

711 Posts.

37

02/03/17

15:53

Post #: 23051576
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Originally posted by Wise_One ↑

Here is some food for thought - specifically about valuations in the digital space

SnapChat is listing tomorrow at a valuation of 26Billion - note they also lost 600m in the last financial year & have never turned a profit

The "value" is in their user base & ability to monetize via advertising.

"Snapchat users as of the fourth quarter of 2016. As of the latest reported period, the photo and video sharing app had 158 million daily active users worldwide, up from 107 million global DAU in the corresponding quarter of the previous year."

The question is now how much can they generate per 158m daily users via advertising? (I would argue cents in the dollar... Which is similar to Facebook)

Now - you're thinking how is all this relevant to RAP...

- Will the growth in users globally be exponential... Yes absolutely it will as word spreads it has all the qualities of being the "must have" app... It will go viral (no pun intended)
- Is it conceivable for RAP to have 158m daily users... Yes absolutely it is over time - it is truly a global device
- RAPs B2C revenue model is pitched at $10 per use (significantly more than SnapChats potential advertising revenue per user)

So... By that logic, when some "runs are on the board" this little ripper should be worth well north of 26Billion (note that's approx $38/share)

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Lol.

The way some people post around here makes me think they fell in love with this stock and "topped up" around 50 cents - and now they'll say anything to try and ramp it back up. What do you think?

All in my opinion of course !

Good luck to all holders!

LUVRAP

RAP Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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