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Re: None

Wednesday, 08/14/2024 9:24:38 AM

Wednesday, August 14, 2024 9:24:38 AM

Post# of 11122
Alright so if my memory serves me correctly I'm going to try to give a valuation amount of RONN after the $350,000,000 Tobique contract has been signed and put into stone.

So 350,000,000 x 2% could be +/- profit for RONN not sure of their particular net income percentage, but I'm going to go with a conservative 2% = 7,000,000 net income ÷ 1,174,787,746 O/S = 0059 EPS x 20.30 PE ratio = .1199 PPS x you're amount of shares owned should be you're profit margin.

This is the PE ratio by sector auto/truck manufactures click the link a go down 5 categories to auto truck and you will see this industries PE ratio if anyone would like to ad or dispute this please give me you're valuation but just be fair is all I ask.

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
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