![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, July 07, 2007 10:51:47 PM
Here are my estimates:
200K magazines per issue X 10 issues = 2M mags sold in one year.
2M mags x $3.99 (cost to buy a mag) = $7.98M
45 ads X $10K (cost to place an ad) = $450K in ad revenue per issue.
$450K x 10 issues = $4.5M annual ad revenue
EARNINGS:
$8M yearly revenue for selling the magazines
$4.5M revenue for the ads
minus $2M for printing the mags
minus $500,000 for operating expenses
+ 10M yearly earnings
FORWARD P/E:
The projected yearly earnings is $10M and with approx. 1B shares, that comes to .01 per share.
With a P/E ratio of 20 the PPS would be .20
SLON is only going to continue to grow. The more mags that they distrubute the more they will be able to charge for ads, thus generating more revenue.
WE ARE WAY UNDERVALUED, IMO.
Stayeven
This is a message board and everybody should already know this, however...........
Everthing I post is my opinion, unless otherwise stated.
Do your own DD before buying or selling a stock...Stayeven
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM