Overview-
Cajutel Sarl, a company from Guinea-Bissau is building infrastructure to serve the masses in west africa with high speed internet at affordable prices. Building the non existing infrastructure is at its core and provides a long term return. Cajutel has now moved to the cryptocoin market as a modern way to raise its needed investments for this infrastructure and thus is probably the first DAO (Distributed Autonomous Organisation) in Africa.
Value Evaluation-
The basic in valuing Cajutel (CAJ) tokens is to understand its utilities. For this, we take a look at an excerpt, taken from Cajutel’s white paper:
CAJUTEL’s combined operations are profitable, and despite high initial capital requirements and free devices, the business will be self sustaining in Year 4 and able to replace equipment from operating profits. These graphs are based on a pure 100% investment. A mix including loans is also possible.
Investment Return Estimates-
The company will be profitable in year one and in year 3 the return of Investment is reached. This means the company can pay dividends. The exact dividend values will depends on the operating profit and need for reserves for further expansion. If the company pays out 60% of the EBITA as dividend, then the earnings per share in year 4: would be 13$, in year 5: 16$, in year 6: 23$. So someone buying a token in the beginning would earn in 6 years 52$. Depending on in which phase he invests, this can be a increase of value of 1.86x up to 5.31x. The interesting is the following years as you can expect dividends far above the 20$ per share every year as the capital expenditure to build up new infrastructure drastically decreases. Besides the dividend, the token itself represents a value as it is creating money for the investor. Should he sell such a token on the free market, then it can be sold at prices of 8x - 20x EBITA. These are the factors which are seen on publicly traded stock market companies in this business area. This means an investor investing into one token today could potentially earn 52$ in 6 years and then sell it for 300$ to 772$ range. All those figures are pure guesstimates as it depends on the buyers view of course but these values are based on how other telecom companies such as AT&T are currently valued at the stock exchanges. So an investor investing into one token, holds 6 years and then sells the token, could earn up to 824$. Given it took GSM 10 years to get to 100% market in this area, our 14% market penetration after 6 years is a very pessimistic estimation. It could be easily be that we reach a lot more which makes the returns and the value of the token a lot higher even, way over the 1000$ mark.
For More Details-
https://cajutel.io
https://cajutel.gw/whitepaper.pdf
