Replies to post #700 on Fernhill Beverage Inc (FHBC)

[HokieHead]

FHBC PPS target - $0.50

They have a proforma saying $100,000 cash flow per month, that's $1.2 million in yearly cash flow.

With say 120 million Outstanding, 15 million floating, that's $0.01 earnings per share. The current Beverage (Soft) PE is around 50.

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

That would place the PPS here at around $0.50 a share if it trades at the industry average..