RFT 0.00% 1.2¢ rectifier technologies ltd

Hi all,My excel spreadsheet is saying on a conservative forward...

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    Hi all,

    My excel spreadsheet is saying on a conservative forward FY19 P/E of 11 it should be worth 5.7c.  See below. 
    Feedback welcome

    Numbers broadly based on 1st OCT report
    Annual revenue 20187835000
    reported "gross profit"4064000
    reported "gross marigin"0.57
    employee expenses3800000
    raw materials1774514
    other expenses2000000
    profit436000




    Two big orders have been announced from Tritium. Will be filled in FY2019. 5m + 3.4m USD
    Tritium orders (USD)8400000
    AUD/USD0.72
     AUD 11830986
    profit if row 5 gross margin assumed6743662


    profit from existing and new orders FY197179662


    PE11
    Market cap78976282
    shares (including options)1388540602
    Share price0.057

     
 
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