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Novice40

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Novice40

Re: hoosierIUdaddy post# 1025

Wednesday, 01/16/2013 10:03:24 AM

Wednesday, January 16, 2013 10:03:24 AM

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Agree.. this is a positive indicator that implies there is some business there.

I thank Dingo for this information.

Assuming the last EPS report was .37 and assuming that is was honest accounting there is a chance the company could be operating at that rate today. If so, we should be trading at a PE of 1 or 2 like some of the other china shells. That would be .37 to .74 a share. Thats a hefty profit from here.
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