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Re: yashidashi post# 22389

Wednesday, 12/13/2006 5:05:43 PM

Wednesday, December 13, 2006 5:05:43 PM

Post# of 114954
yashidashi - you asked: <Did anyone else do an estimate EPS after the PR? I remember someone mentioning .005, but a lot of people shot that down.>

Net Profit (3,642,556) divided by O/S (7,629,010,600) equals EPS (.0004) multiplied by a P/E ratio based on growth potential (15 is the average) equals the current value (.006)

You can plug different numbers into the equation - I would suggets a P/E of 20, (which would give a valuation of .008) but that's just my opinion.

btw - this should be figured annually rather than quarterly, but since the last 3 quarters were negligible it seems a moot point. 4th Q earnings should push the valuation seriously northward however.

4God


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