Feb. 21 at 8:49 PM
$WATT the potential here is insane. If revenue for Q1 is
$7 million - which is a reasonable, if not conservative estimate given the last year, the net income would be
$2.6 million, compared to likely
$2 million costs, and we would be profitable. Annualizing that forward, the current price would mean a forward p/e of 10, indicating no growth. And, if you assume even a linear growth rate, the forward p/e drops to 2.5 ) and
$100 a share would be a p/e of 20x).
With modest growth,
$100 pps would be a conservative price target.
Obviously no predicting what will happen this quarter, but the potential here is explosive.