Raspberry Pi Share Discussion Threads

[fuji99] 17/6/2024 14:51

"3 or 4 times of annual turnover" is not normal to me.

[1choip] 17/6/2024 14:42

Market cap is currently valued 3 or 4 times of annual turnover. Is this too much?

[fuji99] 17/6/2024 14:22

IMO the chart is abnormal and artificially held by frenzy and excitement.
When the atmosphere becomes "boring" and nothing is left to tell, the share price will start its downward retrace.
When will this happen ? When those who inflated it with nice stories, will start releasing a bit of doom and gloom on its "risks". They are the win/win masters who were cashing in while taking the share price up, then cashing in again when shorting it all the way down.
I don't believe in perpendicular charts.

[1choip] 17/6/2024 13:54

Repeat 2pm last Friday's show time

[gregpeck7] 17/6/2024 12:48

It might rain this afternoon as well.

[1choip] 17/6/2024 12:33

Could close below 420. Just look at what happened last friday.

[gregpeck7] 17/6/2024 12:24

It was underpriced that much is crystal clear. That's why most the shares were not in the IPO

[pete160] 17/6/2024 10:20

Not really Saltaire,
They only sold a relatively small % of the firm (which is why we ended up with £ 1k of shares not £ 25k)
They should be very happy with the value of their remainder.

[1choip] 17/6/2024 09:48

Will it retrace back to 32.8x pe?

[saltaire111] 17/6/2024 09:26

Given the price action here, I’m gutted I didn’t get my twenty five grand’s worth in the IPO!

I knew demand would be strong but this is incredible. The sellers must be looking at the price they sold their shares for and thinking wtf have we done!!

Salty

[gregpeck7] 17/6/2024 08:48

Minimum. What's the pe of Tesla etc ! Some tech companies that make zero profit are valued very high because of the strength of the tech and future potential

[gregpeck7] 17/6/2024 08:26

There are not enough of these shares to go around.

[bertiebingo] 16/6/2024 11:19

30m is last years profit (actually it was 32m) so not very useful using this for a growth company. Assuming 20-25% revenue growth and a small improvement in gross margin I think net earnings could be 38-40m this year so the PE 21* therefore a PEG of 1.2*. Market is not being irrational, it's being cautiously optimistic. Obviously the key is delivery of earnings growth from here.

[blippy3] 16/6/2024 09:12

@Growth I think he's referring to Robbie Burns, aka Naked Trader. He's pretty famous.

[growthpotential] 16/6/2024 01:32

Who's RB/NT?

[petersinthemarket] 15/6/2024 16:04

fwiw RB/NT says this is overvalued with profit £30m and a value of £800m. Reckons share price will tumble when the excitement dies down, which is when he will have his short on. Of course he could be wrong, but he usually isn't. Time will tell.

[davius] 14/6/2024 16:36

Midday peak at 500p as the PIs top up their pathetic 365 shares, then tanking all day...

[smurfy2001] 14/6/2024 16:17

JohnDoe23, welcome to tech company valuations where you can't look at the P/E and judge.

[1choip] 14/6/2024 16:14

50x pe is achievable

[gregpeck7] 14/6/2024 15:43

That's not how you value a tech company.

[johndoe23] 14/6/2024 13:41

Good post fuji. 30M profits 1bn mcap doesn't add up to me. Doesn't mean won't continue up short term mind

[fuji99] 14/6/2024 13:14

IPO's always start strongly with too much froth.
Remember DARK etc. ?
I will buy when it retraces to below £4.
Easy to lose all the profit for those lucky enough to have caught it early if they believe this will go up forever.
The rise cannot be "perpendicular" as the chart shows.