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Chapter Two App, page-85

  1. Smash5000
    59 Posts.
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    19/03/22
    08:05
    Post #: 60289408
    Jimmie's compensation will slash the profit for 2nd half by 50%, so the assumption that the profit will be the same is unrealistic. If we take your figures straight up as $1.6m+$0.8m=$2.4m that would be a P/E of 6.7 which is still very cheap.
    CI1 Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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