Would gladly pay double this
KW
Providing that the can continuously announce increased customer numbers and give their believers a nice warm fuzzy feeling after attending the AGM, then long financial viability is so unimportant.
Best Wishes
Paper Tiger
I really struggle with this one
So I look at $16.40 a share and a market cap of $1.9 Billion and I says to myself in order to justify that then they need to be making some real profits down the line.
I do some modelling over a 10 year time frame, and that's a long time to look ahead.
I try a few sensible scenarios and I try a few really silly ones but the underlying result is much the same and the essential question always seems to be:
In five years time, 2018, will they be generating a profit over $210 million? :scared:
And the answer I believe is No. :t_down:
But the current technicals are still excellent :t_up:
Best Wishes
Paper Tiger