TheDirectory.com Inc (SEEK)

[Weltman]

I appreciate your weariness, but fundamentally speaking SEEK is not due to shoot to the moon right now. Realistic expectations are very important.

Here's a quote from a post of mine on Dec. 8 2011.

HELPFUL INFO...Let's assume SEEK will have the exact same net income, share structure, and pps 3 quarters from now...all of this won't happen, but for calculations sake "let's assume."

If so, it would be trading at a P/E ratio of 24 at that time 3 quarters from now...here are the calculations.

31,258.08(4)/2,495,624,262=.000050101 EPS
.0012/0.000050101=23.95 P/E

I want to point out the share price in the calculation is $0.0012.

So at the moment here in the teens is a perfect place to settle and be valued modestly.

Here's the link to my post...I HIGHLY suggest you read it for context, and so you don't freak out and think SEEK is currently overvalued.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69739131