InvestorsHub Logo
Followers 313
Posts 52573
Boards Moderated 14
Alias Born 08/19/2009

Re: StarToSteerBy post# 80180

Thursday, 06/07/2012 2:09:56 PM

Thursday, June 07, 2012 2:09:56 PM

Post# of 141755
Yes, with even a reasonable PE (amazing... a pink with an "E") JNSH should be well over .05 off of 2012 earnings!

Using net income of 366,765 for Q1 x 4 I get $1,467,060.

Using 108,721,624 as the OS, I get an EPS of .0135.

Using a price of .02, I calculate a PE of .02/.0135 of 1.48.

So a conservative PE of 10 is a shareprice of $.135! I'll take a 7X price increase... on fundamentals!