Leo Motors Inc. (fka LEOM)

[tedpeele]

Still highly undervalued on this breakout news:

The company has announced a contract of nearly 8 times their annual revenues. That's a tremendous achievement.

Their stock was at .30 on an annual run rate of $4m revs 6 months ago. Now with $30m? Should be much higher than that.

How does 81 cents a share sound?:

These guys have a long history with luxury vehicles.

Each vehicle is $60k. Assuming with their expertise they will have a net profit of 15%, or $9k per vehicle:

9k x 500 vehicles - $4.5m

$4.5 / 165m shares = .027 eps

Given the astounding growth in a high growth field - commercial electric vehicles, I'll use a PE of 30, which I think is very reasonable:

PE = 30 x .027 = .81 a share

Not bad at all.