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Re: phillytrades post# 4460

Wednesday, 09/22/2010 2:13:41 PM

Wednesday, September 22, 2010 2:13:41 PM

Post# of 14747
So if thats correct, the $9 mil in earnings divided by the 27mil Shares outstanding is an additonal $.30 per share, so AAPH should be at $.65

Another way to look at it is you can take the additional 45 mil in revenue times a 1.0 revenue multiple divided by the 27 mil shares outstanding and you arrive at a price of $45/27 = $1.66

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