I bet you we won't. $3.50 puts Baltia's market cap
Post# of 41414
Posted On: 08/10/2015 5:03:02 PM
I bet you we won't. $3.50 puts Baltia's market cap over $19 billion.
The largest airline in the world by revenue, Delta Air Lines, has a market cap is $36.73 billion. This means you bet Baltia will be over 50% the size of Delta by year's end.
Delta has 809 planes in service, with 109 more ordered. Baltia has one plane.
Baltia is not a sprint, it's a marathon. You know it as well as the rest of us.
Even at 50 cents/share, that puts Baltia's market cap at over $3 billion. Who can possibly see an intelligent justification for such a large value when the company owns one aircraft? Suppose they owned a dozen planes...that still doesn't justify a $3 billion market cap.
Baltia needs to grow organically over many, many years once certified before it sees a multi-billion-dollar market cap sustained. It very well could surpass $1 billion within the coming months (placing the SP between .15-.25/share) but the only thing that'll quickly grow this company, once certified, is to reinvest net income to buy young, modern planes, reduce the outstanding shares over the course of many years via buybacks and share retirement (which themselves drive up the share price exponentially), and possibly a small dividend once there is a healthy amount of cash in the bank (since there is as of yet no debt to pay off). Then you might see $1+ per share.
The largest airline in the world by revenue, Delta Air Lines, has a market cap is $36.73 billion. This means you bet Baltia will be over 50% the size of Delta by year's end.
Delta has 809 planes in service, with 109 more ordered. Baltia has one plane.
Baltia is not a sprint, it's a marathon. You know it as well as the rest of us.
Even at 50 cents/share, that puts Baltia's market cap at over $3 billion. Who can possibly see an intelligent justification for such a large value when the company owns one aircraft? Suppose they owned a dozen planes...that still doesn't justify a $3 billion market cap.
Baltia needs to grow organically over many, many years once certified before it sees a multi-billion-dollar market cap sustained. It very well could surpass $1 billion within the coming months (placing the SP between .15-.25/share) but the only thing that'll quickly grow this company, once certified, is to reinvest net income to buy young, modern planes, reduce the outstanding shares over the course of many years via buybacks and share retirement (which themselves drive up the share price exponentially), and possibly a small dividend once there is a healthy amount of cash in the bank (since there is as of yet no debt to pay off). Then you might see $1+ per share.
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