SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DDL Electronics
DDL 2.040-0.5%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: straight life who wrote (48)5/30/1997 7:12:00 PM
From: Michael Anthony   of 164
 
DDL earned 34 million last year. That is "revenue" of $1.47 for each share (34 mill/23 mill shares). Together, the new company will have 56 million outstanding (23+33) and revenue of 150 million. That comes out to $2.67 in revenue for each share. Thus, at a stock price of
2 5/8, the PSR is 1. I would consider a PSR of 1 fair value, so some upside is yet to come IMO. Then again, right now we're at a PSR of
1.47. If we maintain the present PSR, 1.47x2.67=a stock price of
3 7/8. If the above numbers make sense, it would still represent a
decent buy at 2 1/2. Thoughts?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext