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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII

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To: Style Writer who wrote (4368)1/5/1999 9:58:00 AM
From: jmt  Read Replies (1) of 4814
 
Style Writer:

Thank you for your analysis.

To be trading at $1.00 as you estimate, and using a reasonable market multiple of 15x (slightly below market due to lack of liquidity and Market Cap), the company would need earnings per share of $0.07. With 110M shares outstanding, this would require after tax earnings in the range of $7.5M, or before tax earning in excess of $10M. With the margins they are currently realizing, revenues would need to be over $100M.

Do you agree?

jmt
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