PE has been as high as 8 on May 31 and is at 7 now so multiply that times .50 estimated earnings for the 2011 harvest= $3.50 year end stock price or a 400% gain from Fridays close. A beat in 2011 earnings (.58) will bring $4 Potential gains..... from Fridays close at year end 100% 200% 300% 400%
and I like those multiples going forward...this is how we will measure SIAF for the next three years
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.