Hello, my name is Ivan and I recently purchased a good chunk of your company a few weeks ago on the public market. I had heard good things about the future of online gambling, as well as information regarding the path DHSM has taken. Considering the low stock price, regardless of outstanding shares, I figured why not. Since I have been in, it came to my attention that recently there was a change in the CEO. I would like to know the reasoning, because this is often, historically, due to issues within the company. It seems like Clarence has a history with programming, which is nice, but there does not seem to be anybody running the company with a background in business, which should be crucial for an online gambling business. Therefore I would like to know, are there any plans to expand into the Macau market, which has shown in other companies (like Las Vegas Sands), 10x more profitability than in American markets. Are there any upcoming short term or medium term plans? It's a little unsettling that with potential, there is little to no PR about the company, let alone newsletter releases. It would be nice to see at least some things happening soon to raise the price. On top of that, it'd be nice to have this done, to at least possibly attempt a reverse split to diminish the outstanding shares? I look forward to hearing back.
Hmm...I really wish, and pray that one day, people on this board can act like adults and stop hiding behind their computers.
Has AMZN, TSLA, etc been bought out? No. In fact, the only thing I was talking about is the buyout possibility, so why bring them up?
In fact, TSLA has only had one profitable quarter since their inception in 2008. Reason being, is because their immensely high safety ratings, fantastic battery life/longevity and aims for the future are what drive people into believing it's highly profitable in the *future.* Yet, if you look, their stock is being shorted at a 27% float. Also, the plants themselves do not support growth that they are looking to achieve. Although they recently increased production time by 40%, that was labor related only. In order to fulfill a future demand of any other car, the cost of the added factories and machinery is estimated to be too far beyond what the company can afford short term. TSLA is unstable.
AMZN, makes 100 million in sales. You seem to completely miss out on the fact they also have 32 billion in assets, 8 billion in cash alone. Much of their cashflow has some of the quickest turnaround times of any company, showing the company has found the best ways to utilize its turnover compared to most companies. On top of this, the new 1 day delivery for Amazon is going to destroy the future markets. Know what? It's still overpriced, and when people realize these things cant hold what they expect, it will fall.
The PE ratio is *literally* a judgement of income based on an amount of years the funds would be expected to average out as a return, because it's rated on the overvaluation people are willing to pay based on future income sharing.
You also lack to include many major other companies that have far less PEs, Ford with 11, GE with 17, CAT 13, C 15...It's not a theory, it's business management 101. For some reason, you seem to interpret this as meaning everyone has to abide by it.