Replies to post #32072 on Central Wireless Inc (CWIR)

[Greentime1]

Fortunately, the fundamentals of $CWIR suggest many many time higher than that target zone. Based on 2016 revenues of 28.8M of the target company, earnings per share of the current CWIR O/S = 0.0155+/-.

Math: 28.8m/1,954,192,451 = 0.0155 EPS.

PR with 2016 revenues

1st target: Trade at least 0.0155, which is projected EPS, based on 2016 revenues.

2nd target: Add a multiplier to those revenues. (Presently, the trucking industry is operating with an average 27 PE ratio.)

*** LET THAT SINK IN!

PE data trucking industry 2017

Starting to get the picture here folks? If not, break out your calculator and run the numbers. The valuation just off the first acquisition is going to surprise about 95% of the people here-IMO.

Once the deal solidifies, institutions will be all over this at this incredibly low valuation we currently have. Again, IMO.

Im not sure why people are focused on anything other than the valuation of the trucking company at this point. Keep in mind, the point of CWIR putting the trucking company in chapter 11 is so they can buy the assets at a discount and loose the liabilities. We have DD that actually shows revenues were higher than the 28.8M in 2016, plus we have DD that proves the trucking company is on track to produce 2017 revenues that are similar to 2016.