Get a Grip, page-4

I hope that I haven't offended anyone. I am not trying to criticize anyone and I am definitely not saying that any fellow poster doesn't "have a clue". I have personally been the brunt of very direct abuse from other posters and I would hate to think that others would think that is my intention.

I am simply agreeing with someone who says that we are not in a position to 1- calculate future earnings and 2- base any meaningful SP calculations on those earnings. I fully understand that this is how share prices are ultimately determined but I am just saying, good luck trying to determine future earnings for any particular quarter, or financial year, from the information at hand. Our directors would miss that mark by a fair way if they attempted to do it and they have far more information to go on than we do.

When I say that you have no clue I am saying that you do not know next year’s earnings and profit. I also don’t, and neither do our directors (As stated above, they may know more than us, but would still be guessing to a fair extent). We may be able to get fairly close to this year’s earnings but that’s cheating we have 7 weeks left in the year. We can also get fairly close on profit. It will be a small loss, break even or a small profit. Any of these scenarios is fine with me as they all would confirm what we all are hoping for, we are about to turn the corner.

Cheers everyone