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Re: madras50 post# 18281

Sunday, 10/07/2018 4:33:49 PM

Sunday, October 07, 2018 4:33:49 PM

Post# of 28884
That $260K profit is for ONE QUARTER - 3 MONTHS! That means an easily possible NET profit of over $1M for a single year, and their growth seems to be a doubling each year! Now companies in their sector (PEO) have a market cap of anywhere from 10X - 18X annual profit. If you take $1M X 10, that puts the share price @ about $ .25. $1M X 18 puts the SP @ about $.45. But the way this company is growing, I wouldn't doubt that the market would put a multiple of 25X - 40X on this, putting the SP at $.60+ - $1.00, perhaps even higher!