Originally posted by dragonstar74
I know a lot of people had made claims on revenue and turnover on hotcopper over the last few years about TV2,some with pretty intelligent projections and others just wild and speculative. I cant point to the particular posts, but conservatively across several successful rollouts (when they happen), numbers of subscribers of 20 million to 100 million could give revenue of 200 million to 1 billion if the company only makes $10 per customer per year. Just specualtion IMHO. Should push the share price up easily to 10 cents.
Thing is
@dragonstar74 irrespective of the fact that you,
"...
know a lot of people had made claims on revenue and turnover on hotcopper over the last few years about TV2, some with pretty intelligent projections and others just wild and speculative."
The facts are that the revenue has not been forthcoming, Indeed, this company experiences significant losses year on year. Just read the most recent Annual Report. In my opinion, the distinct lack of commercail progress provides the space for projections that are, "...
wild and speculative". Without facts it is very difficult to be anything else really.
In my opinion, the '
tooing' and '
froing' over
projected revenues and subscription numbers is utterly pointless. It might be entertaining for some on the forum and even provide succour to those wth large holdings that were purchased at higher prices. However, facts are facts and currently the facts suggest that the TV2U balance sheet could be fairly described as being dominated by steep losses per share.
I think, and I have argued, that some here would do well to focus on
actual numbers and ignore projected figures posted on HC.
However, if you are trading TV2 then who cares for fundamentals - yes?