Share price trend forecast to December 31 A
Post# of 22456
A sharp Up Reversal in the month of November will signal a long term up trend
http://bigcharts.marketwatch.com/kaavio.Webho...mocktick=1
In the weekly chart the Stochastics is surging and the Moving Average is crossing up, signalling a few weeks' up trend which will deliver share price back to the next resistance level 12 cents - 14 cents area by Christmas week and will resume oscillating in a sideway mode as it did in April and May.
http://stockcharts.com/h-sc/ui?s=QTMM&p=W...4401000194
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Q4 (fiscal Q2) Report which will report a full quarter's revenue from the sales of quantum dots to the company's film partners and from Online Sales will be released in February. If news of major sales contracts between film partners and their customers or licensing agreement between QMC and big companies, share price will break out of the sideway pattern and surge skyward.
Forecast for QTMM price range in 2018 based on significant sales contracts and/or licensing agreement:
LOW: 12 CENTS
HIGH: $2 (at 50% of its annual sales capacity)
Cross your fingers that in 2018 our film partners will announce major sales contracts with TV makers who have been presumably repeatedly buying the TV display films from our film partners for evaluation as according to Stephen: "All indications are that these sales volumes will continue to increase and alone have the near term potential to cover a measurable portion of our monthly burn rate".
List of TV manufacturers worldwide
https://en.wikipedia.org/wiki/List_of_televis...ufacturers
Missing in the list: Chinese TV makers
http://www.chinawhisper.com/top-8-popular-chinese-tv-brands/
With astronomical number TV manufacturers in the world and with worldwide TV shipment around 270 million units, QMC's film partners need to capture only one or two TV makers to penetrate the Display market and need to capture only 1.5% of the market or 4 million TV sets to drive QMC producing quantum dots at its maximum capacity currently at annual QD production capacity of 4 tonnes (4,000 Kg, 4 million grams). With sales at maximum capacity and with humble and conservative variables at stated below, the projected share price will be:
QD sales in grams_______4,000,000
QD sales price per gram_$100
Gross sale ($)__________$400,000,000
Profit margin___________40%
Net profit______________$160,000,000
Shares (fully diluted)__500,000,000
Net earning per share___0.3200
P/E ratio_______________10
Projected share price___$3.20