SDV 2.38% 82.0¢ scidev ltd

my thought on valuation

  1. 141 Posts.
    If Intec are going to have earnings of, say $25m from the j/v Zinc Concentrate project alone and we apply a p/e ratio of say 10, ( which would be very conservative for a growth stock with blue sky potential), that gives us a market cap of say $250m. Present market cap is say $60m, so if we divide $250m by $60m, that means the shares have to go up approx. 4 times. This makes me think that any day now the shares should be worth a minimum of 60c ( 4 x 15c) when the ann. comes out that Zinc production is underway as planned through the mill.

    Any comments on my valuation?

    I'm not very good at maths, so you'd better do your own sums and see what you come up with!
 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
(20min delay)
Last
82.0¢
Change
-0.020(2.38%)
Mkt cap ! $130.4M
Open High Low Value Volume
83.0¢ 84.0¢ 78.0¢ $169.8K 208.5K

Buyers (Bids)

No. Vol. Price($)
1 2451 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 11100 2
View Market Depth
Last trade - 15.55pm 28/09/2021 (20 minute delay) ?
(live)
Last
82.0¢
  Change
-0.020 ( 2.38 %)
Open High Low Volume
84.0¢ 84.0¢ 79.0¢ 26697
Last updated 15.45pm 28/09/2021 (live) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.