InvestorsHub Logo
Followers 95
Posts 15292
Boards Moderated 0
Alias Born 06/21/2001

Re: ThSeeker post# 51856

Friday, 06/13/2008 11:47:54 AM

Friday, June 13, 2008 11:47:54 AM

Post# of 87348
Earnings updated based on Handout from SHM

Earning calculation:
Plugged the revenue projections from handout provided into my spreadsheet.
My assumption:
PE 15
OS 3,081,100,000

Revenue projections / earnings are as follows:

1 year - $9.70 Million / $2.24M
2 years - $36.40 Million / $12.51M
3 years - $58.54 Million / $20.25

RESULTS:



 year     1          2           3    
revenues $9,700,000 $36,400,000 $58,540,000
earnings $2,240,000 $12,510,000 $20,250,000
EPS $0.0007 $0.0041 $0.0066
PE 15 15 15
PPS $0.0109 $0.0609 $0.0986

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.