Post
Topic
Board Securities
Re: [BTC-TC] BitVPS
by
btc-analyst
on 27/03/2013, 09:23:34 UTC
Thank you, namworld, for your detailed answer. I like your company, because of the nice investor relation policies and because I like the way you are handling the "turnaround". I'm really looking forward to your next earning record, because I'm curious how the company's development continued.

Sadly, the valuation at btct is still somewhat high: If we assume you'll make it to monthly earnings of 1000 USD in the near future, this would at the moment equal 11.6 BTC per month or 139.2 BTC per year. However, your market cap is at 1000000*0.003 = 3000 BTC, which gives a P/E of

3000 /  139.2 = 21.6

That P/E for the optimistic case seems a little high for me. E.g. McDonalds has a P/E around 16.5 at the moment, and they are little more established than your company at the moment  Wink So to justify the valuation, you would either need to grow the company at a really high speed or the BTC conversion rate has to go down significantly.

Therefore, if I were you, I would try to sell as many shares as possible at this high valuation and buy more servers in turn. Because now you are getting the most USD and therefore the most server capacity out of your BTC.

So things are staying exciting. I'll keep watching bitvps and see if I'll find a good time to invest.  Cool