MultiCorp International Inc (MCIC)

[emulwa]

Hey whatshisname, true, revenue is a factor here, but, if you ever took some financial analysis classes in college, you will realize that the most critical numbers are the “net income” numbers i.e.
Earnings per share (EPS) = net income/shares outstanding (O/S}
PE ratio = share price/EPS
Now, management is entitled to act to its discretion to improve these ratios in the manner it deems appropriate. Thus, even if the CEO quoted a different estimated revenue figure compared to the one you anticipated, then, these figures would still be considered credible because it is an ‘estimate’. It could be higher or lower.
Also, just for you, If SMMW bought back shares, then they have a right to retire them and reduce the outstanding shares. Of course the inside purchase is considered part of the O/S, meaning that, if they hold a substantial amount, then we would be left with very few shares to trade amongst ourselves, thus bumping up the price per share(PPS). I Hope that SMMW buys a bunch if its share and retire them. I hope that SMMW gets a clean audit report. I hope that “we” the ordinary investors hold a huge percentage of the float so that the demand surpasses the supply. I hope that this company makes a genuine turnaround with the objectives of being listed in the NASDAQ and may be the NYSE in the next years. I am glad that it is not an ordinary tech company, but something more like Walt Disney.