Not sure if this was posted here if so sorry
Update on TDGI our Official Pick!
Submitted by admin on Tue, 03/16/2010 - 02:17
TDGI- Targeted Development Inc.
TDGI isn't just any old penny stock. TDGI hasn't increased in value in the last several days because of some promotion. TDGI has gone up because people are discovering just how great of a story it is, and once you find out for yourself you'll be drooling for more shares at these prices.
It's time to crunch the numbers the 10 Bagger way to find out TDGI's real potential. Here's what we'll start with.
Assets = 27,000,000
Liabilities = 2,700,000
Book Value = (27,000,000-2,700,000)/416,000,000 = .058 per share
Profit for 2009 = 500,000
Movies released for 2009 = 1
Movies projected for release in 2010 = 30
Potential 2010 Profit = 30 x 500,000 = 15,000,000 (projected is only 8,500,000)
Current Market Cap= 15,000,000
With all these key numbers in place you can see why everyone is calling TDGI undervalued and throwing .20+ price targets on it. They are in the everlasting entertainment biz, have a great CEO, don't dilute, what more could you ask for from a Pink Sheet stock? Not to mention the game they are playing with earnings, it appears as if their CEO is doing a great job managing expectations. Currently by our numbers they are trading at a P/E ratio of 1, which is ridiculous, not to mention they are still trading under book value!! This is a penny stock that we are talking about!
So for our PPS target let's put a future P/E ratio of 20 times earnings because obviously this company has tons of room to grow. And for the earnings let's use the 15,000,000 that we are hoping for in 2010, and finally we might as well add in that .058 per share of book value too right?
So our fair value, 1 year estimate of the PPS is .779 per share.
Throw out all the other calculations that you see of TDGI, the numbers you need our here as is the result, we picked this stock at .029 on February 23rd as a long term hold, so far it's been proof that our Official Picks do not disappoint. It's been a potential 106% gainer so far but it's obvious more is on the way. If your not one of our users yet then make sure to sign up, your not going to want to miss our next winner.
Stay tuned for more information and enjoy the ride!
AI
