In a Jan 1, 2010 comment, iHub poster "GWMAN" offered his guesstimate analysis as to what JBI's revenue growth might be for this calendar year. Today he was asked what the share price of JBII might be, if his revenue targets were correct. Following is his response:
Sea, I did drive to Philly and met John. I wanted to get a feel for some intangibles...what type of guy is he, does he make my skin crawl, is he the type of guy that seem to be angling for something, etc. I had invested quite a bit (for me) at that point and I wanted ot dig deeper before continuing my plan to add more. I was pleased with choice to drive up there and did continue to to add to my position based on the type of guy he was.
To be clear, he did not discuss anything about potential revenues with me. I built my 2010 guesstimate peicing together alot of the info he has released, subtleties within that public info and hunches about his drive for growth.
I did not include earnings because I really have absolutely no feel for what they will be if we come close to my revenue projections. I just do not have the experience to figure what would likely make it to the bottom line during a time period of serious growth, hiring, etc.
What I believe to be a reasonable and conservative estimate is that we will earn at least a buck in 2010. I just have a feeling aiming for $1 per share in earnings is a round and attainable goal. I could be off by 50% or more in either direction but, for my own personal guesstimate, a minimum of $1 per share is what I am hoping for.
If one assumes we take the world by storm with lots of press coverage and some major names giving us money to expand, I think we get a 100 multiple and, as a result, I could see us being a $100 stock within 12 months. All IMO, of course.
James,
ReplyDeleteThis blog may get some massive traffic as 2010 progresses. In turn, you should be aware that IHUB does not have a spellcheck (or at least I have not found it or use it:-). Additionally, many, including myself, post quickly there and do not worry about typos, so would suggest when you do take something from there that you drop it in Word briefly and do a spellcheck. I would not want my lack of attention to spelling and gramar on a chat board to reflect poorly on JBII as many new eyeballs find their way here during our accelerating ramp-up.
Great job on getting this blog up and running! Cheers.