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Re: None

Thursday, 05/10/2018 10:09:18 PM

Thursday, May 10, 2018 10:09:18 PM

Post# of 7536
$3 is not as cheap as you think .. true that eps in Q1 , lowest quarter was 6 cents .. but was not taxed .. net 30% rate and you have 4 cents .. 2018 looking at 22 cents fully taxed .. so pe of about 14 at $3 .. also note that company is spending next to nothing on R&D and so that artificially boosts eps

Having said that , I will add if it goes to $2 range as there is upside in nyse listing and also growth is very impressive even if it is slowing to 40% a year, it should command a higher PE and my price target is $10
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