Thursday, March 25, 2010 8:25:35 PM
With the current O/S, every $15,000,000 profit is .01 earnings per share... If WNBD were to maintain a fair 20 p/e, you add .20 for every $15,000,000 profit.
$100,000,000 sales/$50,000,000 profit puts WNBD over .60 fair value... If there is 3 billion O/S at that time, its comes to a tad over .30 per share fair value.
FYI, a 20 p/e is relatively conservative for a rapid growth consumer stock. I see Nasdaq stocks that trade over 100 p/e
Thats how a consumer product company like the one below can run from a market cap under $10 million, to $7 BILLION... This stocks market cap is equivalent to WNBD running from about .005 to a high of $4.60...
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM