TriCell LTD (fka TCLL)

[fonzzz]

Yes, I totally agree, this is worth more then 1 dollar. But 1 dollar would be nice for a start.

However, currently, if you look at Q1, the earnings per share from operations exclusively would be around 0.02. ( so without the 1 time special income ). If they could repeat that 4 times, that would be 0.08. A very conservative PPS/Gain margin of 10, would lead to a 0.8 PPS. I understand that a PPS/Gain margin of 20 is more reasonable in this sector, so a PPS between 0.8 and 1.6 would be a fair value if they perform equally well in Q2 as in Q1.

But I agree, in the near future (N2J included and more of the north american market), 2 or 3 dollars is very reasonable. We'll see about the USA market very soon.