AmeraMex International Inc. (AMMX)

[upperdivision]

A lot of that depends on the Africa deal and any other projects that may be announced during the CC. If the Africa deal goes through, I think $1 is a potential for the long run. $1/share puts the market cap at around $500mm. Considering the Africa deal alone is worth $500mm, and AMMX has other deals, $1 would make sense.

That being said, the Africa deal is going to take some time, and the revenues generated from it will be spread out over 5 years. It would take a very long time for this stock to reach $1, so for people who like to hold stocks for a long time, that may be a realistic target.

.10 is more realistic for the short term because that puts the market cap at around $50mm which is still a bit high, but could be justified based on what projects are announced.

I would be happy with $.03-$.05/share in the upcoming months, as I believe that is a fair valuation of this company. Plus, those higher share prices could allow AMMX to lower their liabilities, which would make them even more appealing than they already are.

This truly is one of the most undervalued stocks I have seen. No one can really predict price targets with a stock as volatile as this, so don't take my numbers too seriously. However, we already saw .011 this week, which I believe to be indicative of the fact that we are about to see pennies.

For more rationale on my opinion, please see my previous post http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95741423