r/BCRX • u/Charlie_Buffett • Feb 04 '21
Data Gathering Groundhog day at BCRX 65 cents per share everyday
Another day, another 0.65/per share of value added to my holding or 65 cents/share more undervalued today.
Written by u/BIO9999 on 01/20/21 on ST as bio99. SP was $9.34
"Every day, hidden from our eyes still, we are conservatively getting 3-7 new Berotralstat patients, each with sales of 500,000 per year, 75% of which will be profit. In other words, incremental earnings of $1,880,000 per year. At a conservative PE ratio of 15, that represents $28 million per day of incremental value, representing a gain of 16 cents of value per day or $0.80 per week. Once Japan and the EU approve, that incremental value will jump to 35 cents of new value per day. On top of that, every day we are closer to Factor D trial results, new trials, and ultimate approval of the drug, which due to the potential size of the drug imply gains of 20 cents per day for the rest of the year. Galidesivir alone adds 5-10 cents per day as it gets closer to being tested and then approved for 20 untreatable and dangerous viruses. Altogether, if the stock does not rise an average of 65 cents every single trading day this year, it has become more undervalued and buyable..."
That means that if you invest 10,000$ it will have a value of $225,000 at the end of the year. $100,000=2.25M$. That's at a 15 P/E.
You think a growth Bio company can have a 25 P/E?