BPG Black Pearl Group

[Leemsip]

Careful please. The last few comments are practically screaming for ValueNZ to chime in with a few ripe old Buffet quotes.
We dont need that rubbish on this thread!

[haewai]

BeingAI BAI market cap $84m on $40m revenues

Black Pearl market cap $50m on $5m revenues

Suppose it’s really all about how bright the future is ….for both …and who actually uses AI to reward its customers

Just thinking aloud

AOF
cap $36m
revenue $70-$80m
revenue growth 27%
margin pretty slim though, and maybe not so AI hyper

[sb9]

Got a speeding ticket shortly after listing ……but I don’t think they ever traded at listing price of $1.25

Dec 2022

The price of BPG has fallen from its $1.25 listing price on 2 December 2022 to $0.40, being the price at 2:15pm on 7 December 2022. This represents a fall of 68% over the four trading days it has been listed.

Guess 1.25 is the first hurdle to overcome then…may be they speeding ticket this time around for moving up too fast

[silverblizzard888]

A nice close at $1.09, looks like the market wants to run this to $1.25, which happens to be around the $65m mark. I had been doing some comparisons with Serko yesterday and they trade at a 6.5 times revenue multiple so not too farfetched the market is taking the $10m ARR and valuing BPG with a 6.5 times multiple for its ARR. If that was the case and BPG add on average $400k ARR per month, thats $2.6m market value they add each month, which is a pretty decent return. Though as they get bigger and put more resources to work I imagine the ARR increases get bigger per month over time.

[Ggcc]

A nice close at $1.09, looks like the market wants to run this to $1.25, which happens to be around the $65m mark. I had been doing some comparisons with Serko yesterday and they trade at a 6.5 times revenue multiple so not too farfetched the market is taking the $10m ARR and valuing BPG with a 6.5 times multiple for its ARR. If that was the case and BPG add on average $400k ARR per month, thats $2.6m market value they add each month, which is a pretty decent return. Though as they get bigger and put more resources to work I imagine the ARR increases get bigger per month over time.

It will be interesting times ahead. I hope this does not run up too fast, as I have a friend who wants to buy a few and is trying to gather funds together to get some. I was fortunate to buy a few thousand for my daughter at 80 cents.