![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, June 12, 2013 6:46:35 PM
To reach a PPS of $2 would require an eps of $0.135. Assuming a total of 750M outstanding shares, the company's net earnings would need to be about $100M. This is earnings, not revenues. Considering the low margins in this industry, I would expect CERP must generate over $500M in revenues to reach $100M in earnings. While it is great to have an optimistic outlook on an investment, $500M by 2015 would require more tsunamis than all of the worlds oceans can hold.
A share price of $0.50, however, would require an eps of only $0.033, which would translate to roughly $25M in earnings using a very conservative PE of 15. CERP can hit this number with about $100M in revenues, maybe less with higher margins or a higher PE multiple or both. If CERP's PPS hit $0.50, that would be about a 1,900% gain from today's close. I'd be willing to wait two to three years or more for that type of return.
Recent HGYN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/28/2024 10:11:25 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:51:01 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/13/2024 07:49:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:52:06 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 06:02:26 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM