how abt my laymans guesswork

Sen restates and reaffirms in Dec 2005 that they will increase their total world sales thru' all channels for it's product set from last financial year of $28 mill p.a to $250 mill p.a within the next 3 yrs. If they achieve that it will be fair to say under non lumpy situations they could average approx $80 mill sales p.a which gives approx $24mill profits pa ( assuming 30% profits on the sales) that will lead to abt 0.0521c per sh ( $24mill/ 460mill sh) and based on say a PE ratio of 20 that will be 20x 0.0521 that gives a sh value of $1.042. again this is all my layman way of calculations. pls DYOR and not I am not suggesting that u shld get into this share but hopefully this will stop the whole afternoon's forum get side tracked and distracted , does that make sense???