Tuesday, July 12, 2011 1:59:39 PM
Can anything in this valuation be authenticated?
Using chart below 2010 actual export sales for Hongkong/Macau & China totals US$169.838 million. Assuming, CGI share of sales accounted for only 20% or US$33.968 million @ G/profit 25% equates to US$8.492 million... So, using this scenario: CGI taking a reverse split of...4 to 1 ratio thus converting...shares outstanding 3,753,835,442 a/o March 18, 2011 to 938,458,850 newly issued shares. This calculation equals US$ 0.0090 pps and if a buy back by CGI of 500,000,000 GDHI shares is factored in this would substantially increase PPS to US$0.0194 Another factor to consider is an added valuation of 8 times earnings potential dictated by China market forces fueling phenomenal sales growth for the foreseeable future increasing PPS to US$0.155 cents ...
"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"
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