Sunday, June 03, 2007 11:31:49 AM
I just got a post card in the mail advertising GZGT. I usually just throw these things out, but sometimes I look them up just too see how bad an investment they are. This one is bad but better than most. Here are the numbers:
Market cap = 53M shares x $1.84 = $98M
Sales (annualized based on last quarter) = $3.76M x 4 = $15M
Earnings (annualized based on last quarter) = $12.4k x 4 = $50k
P/S = 6.5
P/E = 1960
A P/S of 6.5 and P/E of 1960 are pretty high for a company that sells phone cards and cell phones! A P/S of 2 to 3 would put the stock price in the range of $.57 to $.85.
FEATURED Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • May 15, 2024 10:30 AM
Swifty Global Announces Impressive Financial Results for Q1 2024 • DRCR • May 15, 2024 10:25 AM
Branded Legacy Inc. Invites Shareholders to Celebrate Milestones at Open House: Announces Share Buyback and Commitment to Authorized Share Count • BLEG • May 15, 2024 8:30 AM
Alliance Creative Group (ACGX) Releases Q1 2024 Financial and Disclosure Report with an 88% increase in Net Income from Q1 2023 to Q1 2024 • ACGX • May 15, 2024 8:30 AM
Category V Biotech, Inc. Announces Letter of Intent to Acquire Genetic Networks, Expanding into Biotechnology Sector • CATV • May 15, 2024 8:00 AM
POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • POET • May 14, 2024 10:09 AM