Xinliwang Intl Hldgs. Co. Ltd. (XLWH)

[fxchat]

Hey, I bought into this stock at $0.001

What is your target price for this stock?

I know they got like more than 8bln Outstanding shares as the latest acquisition was done by stock issuance.



I know the 2 companies they acquire will generate about $10mln revenue and $1mln profit.

Lets see the EPS: $1mln / 8bln = 0.000125

So if we assume a P/E of 10X to 30X for growth company, we should get a minimum of $0.00125 and a target of 0.004.

I am looking forward for a 4X gain with my investment.

What say you ppl? Anyone can come out with a better revenue target for this stock?


I hope if they get an approval for the budget, this will soar too.

So anyone knows the share count.

And anyone knows the possible revenues?

From technicals alone, this looks like it is going to breakout! Hitting 0.01 before correcting is very possible.