InvestorsHub Logo
Followers 2
Posts 697
Boards Moderated 0
Alias Born 04/08/2008

Re: creede post# 858

Wednesday, 08/06/2008 9:07:02 PM

Wednesday, August 06, 2008 9:07:02 PM

Post# of 1111
price target

see my other posts here or yahoo for a more rational target; however, let's have some fun

Asset of land 36M, 1st round of financing 700M = $736000000

divide that by 45M shares = $17.46/share. wow.

lop off 75%, still puts stock at $4.75.share

1 yr revenue projection after operating costs is $3.3/share

(3.3 + 4.75)/2 = $4.025/share

this is my target if they announce that the land has been bought.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.