Heli Electronics Corp. (fka HELI)

[tvmetguy]

HELI DD Yields .92 PPS Now, 1.57 in 2011

O/S= 266 mil

1) For 2010 Estimated Rev= 104 mil, Net Income= 8.19 mil

2) For 2011 Estimated Rev= 177 mil, Net Income= 13.94 mil

3) 2010 Earnings per share equals 8.19/266= .031, Use PE 30 for high growth get PPS of .92

4) 2011 Earnings per share equals 13.94/266= .052, Use PE 30 for high growth get PPS of 1.57

5) Link to rev/income forecast:

http://www.helielectronics.com/public/index.php?option=com_content&view=article&id=259:june-22-2010-heli-electronics-corp-releases-its-2010-and-2011-financial-forecasts-revenues-projected-to-reach-104-million-in-2010-&catid=1:latest-news&Itemid=50

6) Link to Q2 2010:

http://www.helielectronics.com/public/index.php?option=com_content&view=article&id=263:august-17-2010-heli-electronics-corp-releases-second-quarter-2010-financial-results-&catid=1:latest-news&Itemid=50