Replies to post #161673 on MyECheck, Inc. (fka MYEC)

[MIKAL]

Seriously???? What kind of math is this???? WTF lolololzzzzzz

MIKAL

[MODiFiEDZ]

According to this calculation Apple is only worth $1.28 Per Share so I'm not surprised that your calculation values MyECheck at .00003.

Maybe this will help with future stock valuations
http://www.fool.com/investing/beginning/how-to-value-stocks-introduction-to-valuation-meth.aspx

[PennyStalker]

This calculation is using the Q2 net earnings x 4 / OS shares.

This is obviously not a proper way to calculate book value.

Book value is irrelevant in determining the PPS anyway.

To estimate a ticker's "fair market value PPS", you should use:

(Q1 + Q2 net earnings) x 2 = projected annual net earnings for 2014

The amount calculated divided by number of outstanding shares = earnings per share

The earnings per share is then multiplied by a P/E ratio (price/earnings per share).

The P/E ratio used is determined by many factors. You need to consider the industry, gross margin, Growth (startup or fully established), etc...

MYEC is worthy of a fairly high P/E ratio, because of the obvious potential and the fact that it has just started generating revenue.

I'm not using any numbers, but you should use the formulas to compare with other tickers and you will notice that MYEC is worth more than is being suggested here and is ready and primed for a bounce in PPS.

Do your own DD!

$MYEC

[Gzim]

is that suppose to be 4 zeros in front of the three?

[Zeroze2002]

This should not be a sticky we have numerous accountants on board who can verify that this is incorrect information.

[DWIN17]

So according to this post that is stickied, a company that has 6 months of Net Income at over $1.3 million is worth $129,524?

Can the author of this post please clarify this logic.

[Crazy Money]

Long way from .00003 :-)

thank goodness I don't like reading books :-D

PLUTUS Member Level Sunday, 08/17/14 06:31:16 PM
Re: None
Post # of 162498

$32,381X4 = $129,524/4,177,470,000 = .00003 book value.

[NCAR]

Somebody needs to remove this. You don't evaluate a company on one quarters earnings. What about the first quarter where the earnings were over 1,000,000?