Aero Performance Products Inc (fka AERP)

[Howardhaftel]

Look at these numbers that I pulled out of the air.
Assuming $50,000,000 earnings

Shares outstanding - Price Earning Ratio - mult by 10x PPS
60,000,000 $.83 $8.30
90,000,000 .56 5.60
120,000,000 .42 4.20
150,000,000 .33 3.30
180,000,000 .28 2.80
210,000,000 .24 2.40
Not knowing the o/s shares and it doesn't matter, the worst case gives you a PER of 24 cents against a best case of 83 cents. At a mult of 10 to 1 which I think could easily be obtained, worst case $2.40/share, best case $8.30/share.
Even if it were based on a 1 to 1 worst case is 24 cents. Wouldn't you take a 24 cent return for a nickel/share invested.

There are so many variables that you can come up with any set of numbers you want and its all positive.

Just my opinion

Howard Haftel