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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JIN CHUN who wrote (1547)1/17/1998 1:08:00 PM
From: CO  Read Replies (1) of 27968
 
Jin, Good post. I have seen the financials for the first 6 months of the year (in black and white, unaudited) and they are showing an EPS of .06 cents. If I take just that figure and assume no profits for the 3rd and 4th quarter (which in my opinion is not likely) times a somewhat conservative industry multiple, this stock is still undervalued.

.06 x 20 = $1.20

There are many companies in the industry trading at a higher multiple.

Cheryl
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