What does the D stand for
Quote:
Originally Posted by
Wallace D
Just locking this one in for future reference…..so you claim as the 'Oracle' around here and with all your 'knowledge' that this company is only worth about $14mn and that it's not even worth the $29mn the market currently values it at?
Very interesting………time will tell? :)
NO.
Among the many claims I have made around here I am pretty confident that I have never claimed to be the 'Oracle' or even a 'Oracle' and as far as I am aware no one else, apart from yourself, as ever made that claim on my behalf, in fun, in sarcasm or even because they think I am worthy of such a title :mellow:.
With all of my 'knowledge' I can tell the difference between value and price, a simple rookie mistake you and others are making on this thread.
As for a valuation for VML as I actually said before: somewhere between Nothing and A Lot.
There is just far too much uncertainty at the moment for me to come up with a meaningful valuation range.
Best Wishes
Paper Tiger
Never pay list price for you private jet
Quote:
Originally Posted by
Monty
I've just run a few figures based on information based on the VMob investor presentations. The key metrics are over 30,000 McDonalds in the top 22 countries ( include Sweden and Netherlands at 21 and 22). Let's assume the roll out of McDonalds in restricted initially to those 22 countries.. We also understand from the presentations there is an income stream of $25 to $50 per month per store. That is potentially an income of between $10 and $20 pa right there. I have tried to work out how many downloads happen. I calculate that there could be around 5000 downloads per stor. Netherlands and sweden were 10% of population. The number for the main income streams do just about overload the calculator.
maybe the revenue per month from McDonald's alone could be circa $2m when the top 22 countries have been rolled out.
yes I know it is a maybe, but even when 10% of those who have downloaded the app use their VMob-McDonalds voucher and get a push notification then the numbers are staggering.
McDonalds have circa 65m customers per day
2.1% of McDonalds customers use a voucher at least one time per month.
Globally that would be 40m vouchers used per month
if only a quarter of those vouchers are from the VMob platform that is 10m vouchers per month. That is a revenue stream of $1m a month right there.
The Redemption rate on VMob vouchers could be higher because the vouchers are relevant, personalised, convenient and timely.
maybe robbo will come along and talk down my numbers, but this is a company with a capitalisation of $30m. I do believe the global McDonalds contract when rolled out could be worth $24m per annum based on the snipets of information that are available. Maybe more.
is the Edison report due for a significant update?
Can I just point out that the $25-$50 Licence per store and $0.10 redemption fee appear to be alternative pricing strategies from my reading of the presentations.
And as I said before I am confident that McDonalds have negotiated a custom deal.
Also of more importance than the revenue itself is the gross profit margin.
Best Wishes
Paper Tiger