$DLCR fair market PPS Based on it's first star
Post# of 539
Based on it's first starter revenue generating project (with more to come), revenues of 3 mil/year (as per last PR) this stock should be trading in the pennies.
It's just a matter of time that the market adjusts itself.
The Fair PPS for the company can be calculated based on projected revenues and then applying a P/E ratio.
The industry standard for P/E for a company in this sector (Paper/Forest Product) is 27.96 (see link below)
http://pages.stern.nyu.edu/~adamodar/New_Home...edata.html
The price-earnings ratio (P/E ratio) is a valuation measure that compares the level of stock prices to the level of corporate profits, providing investors with a sense of a stock’s value. To calculate a company’s P/E ratio, use the following formula:
P/E ratio = price per share / earnings per share (EPS)
Where EPS = earnings/total shares outstanding
Simple math tells me we should be well into the pennies.