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A dollar per share would give a return of 100000 times of the investment of 0.00001 per share. If the buying is at $10 per share the return is 1 million times.
I feel like 10x or 15x is a conservative estimate assuming Govt. exercise it's warrants. If the Govt. doesn't exercise it's warrants 4x of the current conservative estimate may not be impossible. Just IMO .
The current P/E at $84 earnings per share will be 3.4/84 = 0.04 ??
The average P/E is 20.2 as per below link ??
I don't know whether I am calculating it right ??
http://finance.zacks.com/relationship-between-earnings-stock-market-value-4890.html
Is the earnings per share in 2013 $84 ??
As per Bloomberg:
That brought earnings for 2013 to $84 billion, the highest ever for the 80-year-old firm.
http://mobile.bloomberg.com/news/2014-02-21/fannie-mae-to-pay-u-s-7-2-bln-after-quarterly-profit.html
DT, is EPS in 2013 is $84 ?? Did I calculate it correct ???
Is EPS (earnings per share) in 2013 is $84 ? Is it right ? Or I calculated it wrong ??
Came down to 3.28 after hours .
IMO $60 to $100 in two years ? Is it possible ?
3.50 today ?
IMO, if everything works in FnF favor and Govt. Won't exercise it's commons $60 - $100 is possible ?
Is 3.50 possible today ?
3.50 today ??
May be it is better add more ?
2.5% of common shares owned by Fairholme ?
I doubt it in a month ?
IMO the share count of 0.25 billion is not that good for a company whose profit is less about a million ? But this share count is not bad at all if this can be a few billion dollar company .
It's too good to be a millionaire if the price can reach $20 in the next 10 years .. Just IMO.
Haven't you realized that it fell from 0.625 to 0.32 in the last 5 days.
250 million volume. In my view it's definitely not that quick to reach $1 ?
Very interesting to read about how debentures influence share price . Good read.
Order expires after 6 months if not executed ?
With 250 million share count, $1 pps means $250 million market cap. For a company whose current market cap is about $53 million ? Can the pps would reach $1 just for a couple of million profit ?? Am I missing anything here ??
So with recent $6.5 million debenture agreement, can we assume the total share count to be about 253 million ?
Dmcc, please see Demar's post on share count. Please clarify.
I agree with you it might be very legitimate company in the sector. Recently I greatly disappointed knowing that it has about 350 million plus shares to date. I was under impression it had about 100 million shares only. With about 400 million shares ? for the stock price to give huge returns, only option I think is to occupy huge market share. 4 billion market share may keep the pps at $10. For this to reach $50, the company has to capture 20% of the market, not just 5% as I assumed earlier. If it could capture 20% in the next 5 to 7 years, then I would be one of the most happiest.
Dmcc, how much market share TRTC can capture in marihuana sector in the next 5 years ?
So far I was under the impression that it has just about 100 million shares. But it looks like it has about 400 million shares.
How many total shares TRTC has to date ? 370 million ? Or more/less ?
It doesn't look good here. Looks like $0.20s is possible.
bgrass, any chance for 0.20s ? Or would it be okay to add here ?
Thanks Dmcc.
Any chance for 0.30s ?
Privatizing Fannie Mae & Freddie Mac?
http://www.counterpunch.org/2014/02/10/privatizing-fannie-mae-and-freddie-mac/
Closing above $3 became very normal these days. What an improvement from six months back to now.
Dmcc, So is it altogether it makes about 300 million common shares ??? I mean with about 15 million preferred B shares ??? Can you please clarify. Thanks.
Almsteier & VANDEVREDEs together own about 15 million shares. So you mean 5x of 15 million which is 75 million shares ? Can you please clarify. Thanks for your time.
Hi Dmcc, what it means preferred B shares convert 5 times more? Can you please explain.
Agree with your concerns. Difficult to get sudden spikes in pps due to large number of share count. But if it becomes the best company in the sector and able to occupy 10% market share of $100 billion estimated industry, then 250 million share count may not be that bad as the pps may be over $40. Just IMO
If TRTC becomes the best marijuana company in the sector and able to acquire a 15 to 20% market share( am I wishing too much??) because of the mergers, acquiring and expansion ??? Can we see a pps of $100 in the next 10 years ???
If 233 million are the out standing shares then the dilution because of the current debentures might be about 10% ??? Just IMO.