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Wednesday, May 28, 2014 9:34:00 AM
They should do well over 10.00 or 11.00 in EPS this year, well beyond my earlier projection of "nearly 9.00." Put a P/E of just 16-20 on that and you have a $160-$220 stock (REX closed yesterday at 62.47 and is trading premarket in $64-65s as I type)
If PEIX does what I think it will do in Q2 we should have about 1.5-2.0 EPS for 6 months and end of year another 2.0-4.0
At end of Q2 P/E 15 x EPS of 1.5-2.0 = $22.50- $30.00 a share
Which would put yearly EPS for PEIX at about 3.5-6.0
So take P/E of of say 15 that puts PEIX at year end of a $52.50-90.00!!
That would be insane from today's PPS of about say $13.00 a share!!
GLTA
ID
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