Monday, February 16, 2009 12:08:37 PM
$1.00 divided by a 15 p/e ratio = .0667 per share
.0667 multiplied by 1.65 billion shares (i am rounding)
equals a net profit of $110,000,000 needed to substantiate a $1.00 per share price - now while i would love to see it, i just dont think that it would be possible in the short term without a major buy back or reverse split.
DONT BE AFRAID OF WHAT YOU DONT UNDERSTAND DO YOUR OWN RESEARCH
AND MAKE AN EDUCATED DECISION FOR YOURSELF EVERYTHING I SAY,
POST, THINK, OR EVEN DREAM ABOUT ARE JUST THE RAMBLINGS OF A CRAZED
INDIVIDUAL, ALL MY OPINION AND THATS IT.
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM