Jack at club house asks whats the formula.
Here is my thinking.
When and if this goes through we are talking 24 mill shares complete.
This includes all current + s3 + 650,000 warrants + 1 mil new shares.
This is it !
The formula if looking at 500 mill (end 99 ?) rev with nett of 10% $50,000,000 ./. 24,000,000 = eps of $2.08 x pe of 20 = 40 per/share
If rev was 300,000,000 (end of 98 ?)= eps of 1.25 x pe of 20 = $25 p/s
If rev was 200,000,000 (end of 98 ?)= eps of .83 x pe of 20 = $16.7
If rev was 100,000,000 (end of 98 ?)= eps of .625 x pe of 20 = $8.3
Now if I was to use nett profit of 15% it would be 65, 37, 20,& 12.5 p/s
On top of that if I used y2k index avg pe of 50 we all retire.
Please review my numbers and kindly comment.
Joe TPRO |
