Illest, I look at the estimates as even more bulli
Post# of 11899
Illest, I look at the estimates as even more bullish. For instance, if 20k units are sold per quarter then from $2M revs per quarter, that is $8M revs annually. Assume 50% profit, that means $4M per year in earnings which against a 1.47B O/S, EPS is roughly $0.0027. If they can increase their earnings per year by only 50%, for such a small corp a very conservative growth rate with such a great product in high demand, then P/E could be about 50. That could lead to a fair share price at about $0.14
I already am sitting on physical gold (and silver), I actually enjoy sitting on my RFMK shares even more!!!!
GLTY
$$$$ $RFMK! $$$$