InvestorsHub Logo
Followers 121
Posts 2769
Boards Moderated 1
Alias Born 02/09/2004

Re: otcbargains post# 22814

Monday, 09/19/2005 1:46:12 PM

Monday, September 19, 2005 1:46:12 PM

Post# of 173904
OTC, I would point out that CGNW provided a pro-forma FY05 in which it fully expensed some marketing commissions and applied a 34% tax rate.....as a result of that, fd eps was only 0.04 for FY05. Those two adjustments will be applied going forward in FY06, so I think it makes more sense to use the pf numbers.

Rev growth was around 9-10% y/y, so I think a TTM PE of 10x makes a lot of sense here until the company can prove it will grow its revenue faster and more consistently.
Join InvestorsHub

Join the InvestorsHub Community

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.