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Re: stervc post# 138882

Tuesday, 06/23/2020 8:59:31 AM

Tuesday, June 23, 2020 8:59:31 AM

Post# of 164168
Thanks for the math. However, PE of 15 implies a lot of growth. COVID-19 is a temporary problem. I would assume P/E of 15 for 50 unit production math. At 1500 unit production I think a PE of 2 is fair because they won’t be able to sell that many units for an extended period of time. In other words fair value is around .07-.30 any way you look at it. Anything above 0.10 is very high risk and should be sold. Well, I think 0.05 is high risk.
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