How many shares are outstanding for SOON? iHub shows 12.7mm, which would mean that EPS is .607 on a 20 cent stock -- or PE = 1/3
per the PR, full year 2010 net income was $5.8mm, and Q1 2001 was $.95MM (over $.58mm for Q1 in 2009, for a net add of $.37mm for Q1 yoy, giving $7.17mm in net income for the last 4 quarters.
7.17/12.7 = .607 EPS,which seems so good I have to wonder if the share count figure is right? Yahoo does not show the share count.
EDIT: digging into the 10-Q, it appears there are 14.6mm shares out now, plus 19K preferred. The 14.6 mm shares would give EPS of around .50 and a PE of .4 at price = 20 cents.
Any clue whether those preferred shares convert to a lot of common? A PE of .4 is silly even for a CGS stock.
If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!
