We are worth at least $10.00 pps, here's is why:
Post# of 4081
On September 20th, we uncovered an article from the Chinese Government website confirming "one single project" worth 2.2 billion in annual revenue per year. That is just nuts considering its a deal with just one city. So what does the math look like?
15 Billion Yuan = $2.2 billion Dollar annual Revenue
25% earnings = $550 million (assumed conservative 25% earnings margin)
20 P/E => P = $550 million x 20 = $11 Billion MC (assumed conservative 20 P/E)
$11 Billion/ 800 million O/S (shares) = 13.75 pps
Here's the kicker. This is just one project with just one city. Imagine all the other commercial sales, and if we partner with other cities in which we will. A $10.00 pps would actually be extremely conservative if you look at other EV companies P/E ratio.
Another thing to realize is that this one project worth $2.2 Billion is almost how much TESLA made in all of 2016, approximately $7 billion. We are already growing much faster than TESLA and will most certainly suprass them due to our better business model and being government-backed. Consider the Geo-Political situation in which China is in, and many more people living in that country. China wants to be the first combustion-free nation and is going all EV and they want to make sure their EV Companies dominate the Global market. Let that sink in for a bit.
Sellers have no idea what we have here. Period. Every city we add will add $10.00 pps to our estimates. 10 cities would thus be 137.50 pps. And again, this is conservative!!! TESLA trading at 600pps, hasn't even turned a profit and don't expect to until 2019. In 2019 their P/E ratio is expected to be 80. At 80 P/E ratio, we would be worth $40.00 pps with this one city deal alone. Smelling the coffee yet?
Need evidence? here it is.
GOVERNMENT WEBSITE LINK:
www.ggqt.gov.cn/news/details/79378
Notice the "Gov.Cn" in the link above? That means a Chinese Government website. When did the government start publishing lies to support a scam? lol
Here's a supporting website dated Dec 4th:
https://mp.weixin.qq.com/s/AspiK279VjoMQ2wolYG4Cw
Quote:
Qintang District: successfully signed an annual output of 300,000 high-speed new energy electric vehicle project
Author / Source: District News Center Weining Time: 2017-09-22 08:35
ON SEPTEMBER 20, QINTANG DISTRICT AND ZHONGJI MINGYANG NEW ENERGY TECHNOLOGY CO., LTD. SIGNED A COOPERATION FRAMEWORK AGREEMENT IN THE URBAN AREA.
IT IS UNDERSTOOD THAT THE AGREEMENT REACHED A FRAMEWORK FOR THE PROJECT WITH AN ANNUAL OUTPUT OF 300,000 CAR HIGH-SPEED NEW ENERGY VEHICLE PROJECT WITH A TOTAL INVESTMENT OF ABOUT 1.5 BILLION YUAN, THE PROJECT LAND OF ABOUT 500 ACRES. AFTER ALL PUT INTO OPERATION, WITH ANNUAL SALES OF ABOUT 15 BILLION YUAN, MORE THAN 500 MILLION YUAN TAX.
The crazy part in all this is that we are battling for pennies when the mid-future is the real carrot. Multi-Dollars coming and make mistakes about it. This is a fortune 100 company in the making. Folks will never seen anything like this, and much less get this close to a real life-changing opportunity. I'm looking forward to the day where people reference JBZY-type moves in their future plays.
Watch & Learn
$JBZY