Dear Friends, Investors, and those simply Interested,
After viewing a numerous amount of FUD regarding MannKinds earnings potential, I have decided to publish my model. You can download it here. It works very well on sales above $600M since that is when the inputed margins should take hold. I have included the $800M in incentives still to be earned, as I fully expect them to earn every penny over the next few years.
According to the model, if MannKind has $2B in sales, the PPS would be $18. With sales estimates at $7B, the PPS will hit $58. If you believe as I do, that sales will exceed $12B at peak, then the PPS would be $98. This does not take into consideration any additional value derived from Technosphere, which I believe will be as dramatic as Afrezza itself, when all is said and done.
Looking forward to the next few years, as uptake rises dramatically, and investors and users, prove what Al Mann has been preaching for years.
As always, make sure you follow @afrezzauser for up to date news and info on how Afrezza is working for Sam Finta, a type 1 diabetic.
If you have any questions or thoughts, feel free to contact me.
Disclosure: The author is long MNKD.