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Posted On: 08/20/2019 8:35:52 AM
Post# of 32724
Spent some time perusing the analyst report. I believe it to be pretty realistic. Basic message I got was that their initial price target is based on current revenue streams, not potential. Says it multiple times as well. Gave it a 5x multiplier based on current fundamentals and lack of established history, being a new company and all. Nothing I see but upside. If Rory executes his plan to bring in additional rev streams including ecosystem, in-app purchases, China, etc... the potential goes up for everything, including revenue and pps targets.
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