PPP 0.00% 3.7¢ pan pacific petroleum nl

is there another stock with less risk, page-6

  1. 329 Posts.
    Thanks SI

    My quick analysis:

    Current EPS = 20cps (120mill/589mill shares)

    27c / 20 cps = PE of 1.35


    Cash = $70 mill
    MC = $162
    EV = $92 mill

    So if share price does not appreciated and the dont spend any cash, they will have $130 mill in the bank which would put their EV at a pathetic $30 mill.

    So theoretically, even if they were to keep this EV % difference their MC needs to raise by $30 mill per quarter which is equal to 5cps or 20%.

    So at a minimum you/we are looking at a 20% per quarter gain, theoretically, cet par etc etc.
 
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