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Re: malt66 post# 67775

Monday, 10/22/2018 3:57:55 PM

Monday, October 22, 2018 3:57:55 PM

Post# of 172741
YEP... AGREED...

Well...
With Medicare/medicaid payments received, net revenues increase of $4M to 5.4 x 4 = 21.6 million + property + structure + plus improvements roughly anywhere from $8 million to $14 million...

Let's say 21.6 on a cap of 2X forward basis = $32.2
Let's say price to assets at $10 million.

Forward PE based on fully diluted (15.8B, laughing my f'n ass off) comes to .002029 per share...IS THAT UNDERVALUED....SHIT yeah.

Price to assets. (15.8B fully diluted) divided by $10M = .0006...
But still laughing my ass off at the 500 million plus accumulation bar.
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