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Re: Penny Stocks 2.0 post# 4994

Friday, 02/24/2017 2:17:10 PM

Friday, February 24, 2017 2:17:10 PM

Post# of 24669
Let's say profit margins are 20% (extremely consevative for software that could actually be 50%), then let's say p/e is 10 (which is also very conservative for tech sector):

$30,000,000 x .2 profits = $6,000,000 divided by 176M o/s x 10 p/e = .34. (20 p/e = .68).

Now use 50% profit of $15,000,000 = $1.02 with 10 p/e and $3.12 with 20 p/e.

And that's just one subsidiary and one project. LOL
Can anyone say no-brainer?