QTMM chart analysis and future share price project
Post# of 22456
The monthly chart shows possible an Up Reversal in the month of November, signalling the beginning of a long term up trend. The monthly Stochastics has crossed upward, soon followed by the monthly Moving Average.
http://bigcharts.marketwatch.com/kaavio.Webho...mocktick=1
In the weekly chart:
Stochastics is surging
Moving Average is about to cross upward
Relative Strength Index is surging
All indictors point to a continuous strong up trend
QTMM weekly chart
http://stockcharts.com/h-sc/ui?s=QTMM&p=W...8959452955
The 3-day convergence in the daily chart signals a strong breakout is imminent. The Relative Strength Index is over 50% (bullish) and is rising.
QTMM daily chart
http://stockcharts.com/h-sc/ui?s=QTMM&p=D...4862084922
Possibly the 10K Report, 10Q Report or surprising good news will be released next week
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Future projected share price is based on a humble, conservative estimate of
QD sale price of $100/gram
Profit margin of 40% as in Universal Display Corp
A fully diluted share outstanding of 500 million shares
A P/E ratio of 10 (which will rise with rising quarterly positive earnings)
The company's current maximum annual production capacity is 4 tonnes (4 million grams)
At annual quantum dot sales of 4 tonnes per year:
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_____0.32
P/E ratio_______________10
Projected share price_____$3.20
Stephen is expecting big contracts coming in the coming months
and the demands will be under 7 tonnes (7 million grams) per year.
As a result, the company is planning to increase the number
of reactor and bring the maximum annual production capacity to 7 tonnes,
based on information shareholder "SUNYN75" obtained from the management.
At quantum dot sales of 7 tonnes per year:
QD sales in grams________7,000,000
QD sales price per gram___$100
Gross sale ($)___________$700,000,000
Profit margin____________40%
Net profit_______________$280,000,000
Shares (fully diluted)______500,000,000
Net earning per share_____0.56
P/E ratio_______________10
Projected share price_____$5.60