Thread Rating:
  • 2 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Ten reasons why this is a great buy
#11
(05-21-2019, 12:03 AM)philipcarl3 Wrote: $TUEM's sales forecast is highly predictable due to their contract announcements ($1.08B backlog) & structure (15% rev 1st yr, 35% 2nd yr, 50% 3rd yr)

2019
Q2: $35.31M
Q3: $43.04M
Q4: $57.74M
2019 total: $159.13M
2020 total: $324.81M (+additional contracts yet to be announced in '19 & 1st half of '20)
2021 total: $467.45M (+additional contracts yet to be announced in '19,'20 & 1st half '21)

Sales estimates are based on 100% contract conversion. Actual total will go ?or  ? depending on actual conversion % &will increase w/ additional contracts as time goes by.
Mgmt guided 80% conversion if I recall correctly, but they have been converting 100%+.

$467.45M sales X 6 P/S=$2.8B mkt cap=$24 share price
That P/S ratio could go up to 10-12 if mgmt reports strong growth as predicted from their announced contracts.
10 P/S on '21 sales=$4.67B mkt cap =$40+ share price.
12 P/S=$5.6B mkt cap=$49 share price.

Disclosure: I own 110,700 shares.
(Thanks to @Mrebs for contract sales estimates)

I hope you got some other stuff in portfolio, Philip, I'm not sure this is a stock to bet the bank on, IMHO.
Reply



Messages In This Thread
Ten reasons why this is a great buy - by admin - 03-08-2019, 10:10 AM
RE: Ten reasons why this is a great buy - by Cann - 03-09-2019, 10:23 AM
RE: Ten reasons why this is a great buy - by Cann - 03-12-2019, 09:03 AM
RE: Ten reasons why this is a great buy - by admin - 05-21-2019, 12:45 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)