InvestorsHub Logo
Followers 275
Posts 32167
Boards Moderated 0
Alias Born 02/14/2014

Re: GREGG THE GREEK post# 355

Friday, 02/28/2014 8:28:06 AM

Friday, February 28, 2014 8:28:06 AM

Post# of 32215
Share Price Estimate based off news

Does anyone know other companies that are in same industry?
I am trying to figure out some comparable PE ratio's as based on yesterdays news if they will already potentially net $9.7M then this stock is grossly undervalued.

$9.7M - Net Income per PR
11.1M - Shares outstanding per OTC Markets
------
.87/Share - EPS based on one deal

Hell even if they issued all authorized shares (140M) eps would still be $.07. IMO the company is not going to dilute as they have intentions on uplisting to bigger exchange.


Estimated Share Price Fair Value if Net Income is $9.7 with 11.1M O/S

PE 5- $4.35
PE 10- $8.70
PE 15- $13.05


insert-text-here