Prinz18,
Did some more homework over the past few days, received some guidance from a couple of professionals in the field and was able to answer your request for an estimate of EPS. It looks like Starinvest Group Inc.
Conservative EPS should come in $0.168 - $0.22.
To generate this number I used a conservative method. Took the average of the past 8 quarters expenses, added a generous additional expense for new general staffing/sales people to that figure, substantially discounted the estimated gross revenue figures provided by the company and subtracted the ADJUSTED EXPENSES from ADJUSTED GROSS REVENUE.
Added fixed expenses, travel, tradeshows, marketing, bonuses and a misc. line item to boost the adjusted expense figure.
Confident that we have generated a good number with the information we have available.
Take lower of the estimate $0.168 @ a 7 times earnings premium = share price conservatively at $0.117.
Remember this is only an estimate based on the information we have available. I would like to have a professional analyst perform due diligence rather me but you have to rely on yourself these days. Let me know if you find additional sites with Starinvest Group Inc. discussions and opinions, I would like more input. Preferably negative opinions so I can understand there side.
AI
