United Communications Partners Inc (UCPA)

[naturalborninvestor]

he's just confusing the terms of revenues and earnings, but then applies the correct methodology

Using a simple rule-of-thumb valuation, a profitable operation should indeed be valued at 1x trailing revenues

45,000,000 / 1.6bn = $0.028

On an EPS basis, the company generated $144k in quarterly operating profits and $80k on a net basis. 'For annualization, let's go with $400k

$400k / 1.6bn = 0.0003

Big Board stocks may trade on a PE of 20-30, but for a micro stock achieving profitability warrants a premium, so let's apply a multiple of 40

0.0003 x 40 = $0.012

results in $0.02 on average.