Value Microcaps Motherboard

[value1008]

Ethanol stocks-- Wade, you know my view already on this. And consider the following: if REX were to just hit my conservative EPS target of 2.80-2.90 for this qtr and each of the next 2 quarters (Q3 and Q4), they would have a trailing 12-month EPS around 11.22.

Slap a P/E of just 12 on that and you've got a $134 stock in the aftermath of Q4 report 8 months from now, a 50% gain up from today's all-time high price around $89.

Try a P/E of 15 on another great bumper crop of corn and fading memories of the 2012 drought. REX would deserve the higher P/E on likely having grown its cash stash to about $185M and reduced debt down to about $33-35M.

Plus there would likely be proof by then of whether their Future Energy segment is viable, and if it is (big IF), try a P/E of 40 or 50. No joke-- that would be worth billions in market cap.