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996

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Alias Born 11/09/2007

996

Re: sunwin post# 7443

Tuesday, 02/22/2011 4:34:05 PM

Tuesday, February 22, 2011 4:34:05 PM

Post# of 8313
Cash 135 Million !
Net income 11 Million !
Basic earnings per share $ 0.87 !

Nice, nice, nice

Think of this:
traditionally the 3rd and 4th quarter bring in more net income than Q1 and Q2.
Net income:
Q1 10 Million
Q2 11 Million
Q3 11 Million (assumption)
Q4 11 Million (assumption)

That means a net income of 43 Million, divide that by let's say 14 Million shares: eps = $ 3.07 !!!

Multiply that with a very conservative PE of 5: price per share $ 15
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