Tuesday, November 24, 2009 2:35:12 PM
I have been trying to figure out what will happen when JGBO get's uplisted to Nasdaq. To find out I have taken a closer look at RINO.
EPS $1.61
Shareprice now $ 27
P/E 17
Uplisted from OTC to Nasdaq on 13th July
Shareprice at that moment $9~10
52 week low $2
52 week high $30 (a triple since uplisting)
Oustanding shares 25M
If the cases of Rino and Jiangbo are comparable, which I don't know for sure, but on a first look it seems that way, I can imagine the next numbers for Jiangbo:
EPS 4x $0.60= $2.40 (non-GAAP)
P/E 15 (assumption after uplisting)
Shareprice $ 36
that is about a triple from current levels.
Yep, I like JGBO!
Sorry for daydreaming
EPS $1.61
Shareprice now $ 27
P/E 17
Uplisted from OTC to Nasdaq on 13th July
Shareprice at that moment $9~10
52 week low $2
52 week high $30 (a triple since uplisting)
Oustanding shares 25M
If the cases of Rino and Jiangbo are comparable, which I don't know for sure, but on a first look it seems that way, I can imagine the next numbers for Jiangbo:
EPS 4x $0.60= $2.40 (non-GAAP)
P/E 15 (assumption after uplisting)
Shareprice $ 36
that is about a triple from current levels.
Yep, I like JGBO!
Sorry for daydreaming
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