InvestorsHub Logo
Followers 32
Posts 1350
Boards Moderated 0
Alias Born 12/22/2005

Re: None

Saturday, 03/03/2012 12:25:04 PM

Saturday, March 03, 2012 12:25:04 PM

Post# of 148373
Greetings all,

I've run some comparison scenarios to try and target my personal share count desired for a "RS" scenario. I wanted to throw this out there for comments.

My most recent evaluation of SEEK was just compared to YELP
. By assuming the following comparison scenario:

YELP: 59,870,000 shares
Recent 12 month revenues grossing $77,350,000
Share price of $24.58

SEEK: 2,250,000,000 (assuming 250m reduction)
reverse split of 50-1
=45,000,000 shares
Assume quartely revenues grossing $5,000,000 ($20,000,000 annual)
Target price of $8 to $11 (assuming similar overhead percentages)
(I have quite a few calculations behind this assessment)

I've been investing into SEEK rather heavily for the past 6 months. Although, I've been an avid reader more than a message poster over time, I'd like to thank those of you for sharing your due diligence and phone conversations with the CEO.