IT Tech Packaging Inc (ITP)

[risi]

Hey tothe, great to see you're over here too. There's money to be made here too. Since buying in at .68 last week, I thought I'd throw some food for thought in here to give you an idea of real value of this company just looking at the numbers. It's a micro cap though so the volatility will be very high and it's up to OPAI management to keep the numbers flowing in multiples from here. If that happens, and if you're a value invester, in a year or two, you're going to be handsomely rewarded. You can tell where my heart is having bought in now. Any dips below .68 I'll be buying more. Here's some numbers for everyone to think about here. This one looks very cheep indeed and 18% growth seems very doable for OPAI over the next 3-5 years.

FIGURING FAIR VALUE at 18% Annual Growth Rate
CURRENT EPS 0.22
Earnings Estimate next 5 Yrs 18
Number of Years takes to Double 4
Number of Doubles in 10 years 2.50
ESTIMATED EPS GROWTH RATE 0.55
ESTIMATD FUTURE P/E 36
Estimated PPS in 10 years $19.80
TODAY'S FAIR VALUE PRICE $4.95
MOS PRICE (50% of Fair Value) $2.48