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.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freddie Forte who wrote (2484)2/2/1998 6:11:00 PM
From: Jonathan Lebed  Read Replies (1) of 27968
 
That is your own opinion. When I find a company to see if I should invest in it. I take the current year's earnings estimates (or next year's if we are in the 3Q or 4Q) and I multiply it by the average pe in the industry. If I see a big positive difference between the current price and the possible value...I will strongly consider buying it and will do more research.

From Cheryl's post....the highest pe is 53 and the lowest is 14. One of the main reasons we have a pe of 5 is because we are a BB which will change later this year. But then again...most BBs over $0.30 are losing money anyway. If there wasn't plans of being listed on the NASDAQ or AMEX, I wouldn't of purchased the company.

My calculations doesn't work on BB's and I have other unique styles of calculating the value which you can see in one of my recent posts. But look at it this way...with taxes taken out we will make $0.30 this year. We are currently trading at $0.30.

Again...$6.00 one year from now.

JLebed
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext