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Re: None

Tuesday, 08/14/2018 10:04:54 AM

Tuesday, August 14, 2018 10:04:54 AM

Post# of 26979
BGFT - Estimated calculation Share Price = $0.036

BGFT - Merger Candidate Identified

The merger candidate
has provided financials from 2017
showing gross revenue of 3 million,

year to date financials for 2018
show gross revenue of 3.7 million.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142890862

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BGFT Security Details
Share Structure

Market Value1................$1,498,683 a/o Aug 10, 2018
Authorized Shares....6,500,000,000 a/o Aug 01, 2018
Outstanding Shares...2,046,353,219 a/o Aug 01, 2018
Restricted............…...468,976,111 a/o Aug 01, 2018
Unrestricted......………...1,404,377,108 a/o Aug 01, 2018
Float................1,250,000,000 a/o Aug 08, 2018
Par Value 0.001


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Formula for P/E ratio:

P/E = Stock Price Per Share / Earnings Per Share

OR

Stock Price Per Share = P/E * Earnings Per Share

https://corporatefinanceinstitute.com/resources/knowledge/valuation/price-earnings-ratio/

We have 2,046,353,219 a/o Aug 01, 2018

https://www.otcmarkets.com/stock/BGFT/security

Suppose

we take 2.5B OS - for price calculation.

Profit = 3M/year



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So Earnings Per Share = 3M Profit /2.5B OS = 0.0012

Now P/E ratio for industry average = 75.42

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html


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We will consider P/E only 30 on safer side.

Stock Price Per Share = P/E

* Earnings Per Share = 0.0012 * 30 = $0.036


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If we take P/E 40 then

Stock Price Per Share = P/E

* Earnings Per Share = 0.0012 * 40 = $0.048


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