News Focus
News Focus
Followers 10
Posts 1456
Boards Moderated 0
Alias Born 08/02/2010

Re: viking86 post# 20015

Friday, 10/05/2012 3:31:50 PM

Friday, October 05, 2012 3:31:50 PM

Post# of 163761


not sure about PEG theory with many China OTC stocks.

Currently eps is growing at 200% , P/E < 2 lol.




Of course. The PEG metric is wholly inapplicable now, not only to China OTC stocks, but also to cash flow negative companies, OTC Bulletin Board companies, and $50M revenue companies earning more than $.25 per share.

The PEG metric MAY become remotely applicable AFTER SIAF gets itself into the categories that might qualify it; namely, uplisting, dual listing, $250M+ revenues, cash flow positive, growing decent cash balance, and of course good earnings growth.

So, maybe and only after at least another 9-15 months, could PEG be brought up with a straight face.

Even then a p/e of 8 is way, way more likely; also would be super fine with me, as that's a 1,200% return.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today