InvestorsHub Logo
Followers 2
Posts 920
Boards Moderated 0
Alias Born 04/28/2009

Re: Civicbird post# 167783

Monday, 06/01/2009 3:07:00 PM

Monday, June 01, 2009 3:07:00 PM

Post# of 202893
If you want around $1.50 per share, with 380,244,000 shares outstanding, let's get real crazy and say that the P/E ratio's around 20 times, (even though Hillenbrand is around 11, and EI's in negative territory at present).

It looks like we'd need around $28 million in net earnings, generated from around $190 million in annual sales, which is around one-third of HI's dollar volume.

Of course, we can throw out all logic, pray to Saint Cayetano, the patron saint of gamblers, roll the dice, and hope for that $1.50 in the next couple years.

OTCBB or no OTCBB, at some point in time, the sales and earnings have to be there.

Or, someone's going to have to offer EI "mucho dinero" in a takeover. Then...all bets are off!

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.