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Re: stevo51 post# 9215

Tuesday, 07/17/2007 9:53:16 AM

Tuesday, July 17, 2007 9:53:16 AM

Post# of 242400
They have repaid 1.245 million out of 5 stores in 4 years. That certainly is a good indicator of their margins, profitability, and viability. If you took that money and divided it into the outstanding share count of 186 million shares, you get .00167 (adjusted for 4 years). If you wanted to assume worst case that the 1.245 million was their ONLY profit (as I know some here will), the .00167 earnings would equate to a P/E of just 4.7 at a PPS of .008. Anybody's guess as to what the forward PE would be.