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Re: GermanCol post# 110751

Monday, 08/19/2019 11:30:19 PM

Monday, August 19, 2019 11:30:19 PM

Post# of 186031
Or, you can calculate based on profit, giving a very different result:

$200K to $500K profit per quarter. Assuming $500K profit per quarter.

$500K x 4 quarters x 25 PE (average for food) = $50M

$50M/2.9Bshares = $0.017/share

So one can argue we're trading right where we should be.