AmeraMex International Inc. (AMMX)

[Manhattanman]

Sales ytd $16.1m
Market cap $8.0
So Price/Sales ratio is 0.5

Assuming no more sales this year, and a very conservative P/S of 1.0, share price should be $1.10 at the moment.

Of course there will be more sales, and P/S ratio of 2.0 or more could easily be justified.

So share price should be $2+ right now.

Also, company is making good net profits this year.

Strong Buy!