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.
Well assuming they can tie up 50 signs by June next year after...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)