Chivalrous comments JP for which many thanks. The market is bigger than all of us. I have been burrowing into the last quarter revenues of the 20 or so 'retail-internet' companies. In sheer size AMZN is way ahead ($253M) with 5 others over $10M - EBAY, ONSL, COOL, CDNW and TMCS. However, even now (converted at US$ 0.66), GTR is next with $8.1M. If you annualize this last quarter, GTR has one of the lowest price to sales ratios at 1.8 times compared with the 68 times of IMAL, TMCS 43, ROWE 22, AMZN 20 and IBUY 13. BII also shows 13 but this does not take into consideration its recent 50% rise. It would be about 20 times this morning's market cap.
The point of all this is that I expect, given time, GTR to announce much higher revenues in the next 2 quarters even on the sole basis of its recent acquisitions.
You see $3.50 and 'lots of room to grow'. I see a reasonable chance of 7-10 times sales on revenues significantly higher than those of its last quarter.
Isn't it nice when technicals and fundamentals seem to support each other! |
