Yeah but you have to price in the potential sales
Post# of 9964
Posted On: 08/01/2014 1:44:14 PM
Yeah but you have to price in the potential sales and income that Marani will generate. Do you think Google's stock price is based on their current revenue and profits? No, a lot of it has to do with the FUTURE potential as well. Marani has a ton of future potential in generating sales with 105m in contracts, the product selling well in Costco, and great management. You can't just disregard future potential; $MRIB is significantly undervalued when you take into consideration their future potential.
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