Based on PBLS 2006 unaudited numbers, faith in PA's statement that the O/S is 815M and a slightly thinner margin than PA's 10% (based primarily on the fact that much of their revenue books from Pro-gas which has very low margins). Of course since these are unaudited numbers, I don't expect to trade at a multiple yet. Either way, it's nice to know that you are essentially buying right now at the EPS for 2006!!
Market Cap $115,360,000
Revenue $206,000,000
Net Profit Margin 8.00%
Net Income Pre-tax $16,480,000
Taxes (30%) $4,944,000
Net Profit/Earnings $11,536,000
O/S 815,000,000
EPS $0.014
P/E 10
Price Per Share $0.142
Take the time to dig just a little into this company, ie how verifiable it is with real businesses, real products, real people and no pipe dream pinky video patents, CIA technologies, top secret super-oil finds, russian diamond czars, titanium golf clubs that promise you instant scratch golf etc etc, and you might just end up holding this pinky a little longer than you expected to. You could also end up holding this a little longer than you expected to b/c PA's "soon"=later and "very soon"=feels like potentially never but wait whats that in the distance mirage or promised oasis???? ;)
Good Luck,
Ren
IMO DYODD
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
