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Re: RSJ2001 post# 2930

Saturday, 03/19/2016 4:38:28 PM

Saturday, March 19, 2016 4:38:28 PM

Post# of 44455
Its hard to classify the Price/Sales Ratio for the company since its specialized. Sectors [ http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html ]they associate with are trucking (P/S 0.73), Machinery (1.34), unclassified (3.43).
With annual revs of 2.6M, P/E ratio of just 1 and lets say O/S of 55M a fair market pps would be at 4.7 cents right now. For an expanding profitable company that is specializing in its sector twice that amount (~10cents) would be very reasonable IMO


Share Structure:
Authorized Shares 500,000,000 a/o March 11 2016
Outstanding Shares 50,264,563 a/o March 11 2016 (with 8,439,296 shares restricted)