Originally Posted by
simla
Yes, it seems fairly likely that Blis is going somewhere now. But we don't have enough info yet on where or when. Progress in China would be good, but hardly an overnight project I'd have thought - a very big place. A general uptick in multiple markets would still produce pretty good news.
I don't know why everyone assumes BLT is less than P EB. They both, and like X RO, have viable products but need to gain enough market acceptance. I'd have said Blis was ahead of the others on the path to profitability personally, but time will tell what their ultimate potentials are, of course. On the other hand, BLT (1.5 cents, 1000m shares) only seems to need less than 0.1 cents per share profit for the current share price at PE 20, or $0.7m pa; P EB ($1.26, 280m shares) seems to need 6.3 cents per share profit PE 20, or about $18m pa; and X RO ($35.21, 127m shares) needs 176 cents per share profit PE 20, or $223m pa. Check the figures and maths yourself, obviously, but maybe you can see why I think BLT should give a return on share price first. Mr Market doesn't seem to agree though, so what would I know.
Anyway, BLT is suddenly looking like it could win. But we wait to see what actually happens.