(Total Views: 514)
Posted On: 07/09/2019 10:34:33 AM
Post# of 40990
Re: MoneyForNuthin #35496
The following summary shows that the company has booked about $5.5M in revenue over the past 12 months,
Turned a net profit of $2.5M with a 46% profit margin,
Received $2M in CASH from sales,
Reached over $10M in assets including an increase of $1.25M of cash invested in the Distracted Driving Solutions business, Cogosense, and the startup Craft Cannabis/CBD business, Sifthouse BC, while the liabilities are only $5.5M (of which only $233K are convertible notes) - resulting in Shareholders' Equity of +$4.75M.
Undervalued? No question. Even the most mundane business catagories command a PE ratio of 10x or better. 10x ONCI's profit over the past 12 months is 10 x $2.5M = $25M. This valuation is over 10x the current market cap of ONCI, which is ~$2.1M when the pps is 0.0006. And ONCI's business categories are anything BUT mundane. A PE ratio of 25+ is likely, IMO, when certain milestones are achieved and it breaks away from this penny mentality that retail has been favoring so heavily until now.
I say this is only possible because a small handful of retailers are playing with 50-100M shares each, and it's been fairly easy to control the price with timed buys and sell blocks during the continuous moderate dilution from the note holders and SB's cash-raising shares over the past year+ -- until anytime now. One announcement of a reasonable breakthrough, and many will be surprised to see that ONCI can run just as fast and hard in 2019 as it did in 2017.
Turned a net profit of $2.5M with a 46% profit margin,
Received $2M in CASH from sales,
Reached over $10M in assets including an increase of $1.25M of cash invested in the Distracted Driving Solutions business, Cogosense, and the startup Craft Cannabis/CBD business, Sifthouse BC, while the liabilities are only $5.5M (of which only $233K are convertible notes) - resulting in Shareholders' Equity of +$4.75M.
Undervalued? No question. Even the most mundane business catagories command a PE ratio of 10x or better. 10x ONCI's profit over the past 12 months is 10 x $2.5M = $25M. This valuation is over 10x the current market cap of ONCI, which is ~$2.1M when the pps is 0.0006. And ONCI's business categories are anything BUT mundane. A PE ratio of 25+ is likely, IMO, when certain milestones are achieved and it breaks away from this penny mentality that retail has been favoring so heavily until now.
I say this is only possible because a small handful of retailers are playing with 50-100M shares each, and it's been fairly easy to control the price with timed buys and sell blocks during the continuous moderate dilution from the note holders and SB's cash-raising shares over the past year+ -- until anytime now. One announcement of a reasonable breakthrough, and many will be surprised to see that ONCI can run just as fast and hard in 2019 as it did in 2017.
(8)
(0)Scroll down for more posts ▼
