costs per sign, page-4

  1. 41 Posts.
    Well assuming they can tie up 50 signs by June next year after tax earning will be approximately $12million.

    Thats equivalent to approx. 0.12cps

    Applying a P/E multiple of just 10x the company would be worth close to $1.20 per share.

    Work the P/Es more at 20x its worth $2.40.

    If the good work done by management is continued there is no reason why a P/E of 20 can not be achieved.
 
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