RFE
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0.00% 0.0¢ series 2018-1 reds trust

valuation cheap now on hydrocarbon find, page-5

  1. Vayama
    9,286 Posts.
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    24/05/07
    21:14
    Post #: 2479552
    "Based on existing flow rates and what has been announced today this company will be trading on a pe of around 3-4 times for 07 at 50 cents. "

    LOL. Please explain?

    PE ratio of around 3-4 times for 2007 at 50 cents means they will earn 12.5 to 18 cents EPS for 2007 or NPAT of $8M to $12M.

    Tricom report forecasts $4M NPAT in 2008 and $7.7M in 2009.


    RFE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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