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Re: northenlightsk05 post# 93884

Thursday, 01/31/2008 4:07:13 PM

Thursday, January 31, 2008 4:07:13 PM

Post# of 173972
CNEH- Now I see that KIK brought it to this board at 39c. Outstanding KIK!, it actually became an 11 bagger in 5 months. Since then it has sold off about 50%. Still in relative terms one could argue that the stock is cheaper now than it was back when KIK introduced it.

Back when it was 39c, CNEH earned 181K (before tax) on 1.24 mil in revs. 1 year later, in their latest Q, I estimate they will earn about 2.3 mil (after tax) on $8mil in revs.

Although the stock price is 5.8 times higher now, their revs are up 6.5X and earnings up about 12 X. They also have only 2/3 of the shares outstanding they did back then which makes it even better.
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