Replies to post #9492 on Auscrete Corporation (ASCK)

[Penny Stocks 2.0]

Confirmed TODAY 15.5m FLOAT, 220M OS, 204.5M RESTRICTED.

[Penny Stocks 2.0]

Projecting $10.25m NET Profit for 2018 =

220,000,000 O/S x $0.0115 =
$2,530,000 Market Value(omg)

$2,530,000 MV / $10,250,000 Net Profits =
$0.25 PPS

Using a conservative universal P/E multiple of 10

$0.25 x P/E 10 = $2.50 PPS

That's a Market Value of $550,000,000

How undervalued is $ASCK?
Most companies use a P/E 12-20, and have $900m to Multi Billion $ Market Values.

P/E Values

http://marketrealist.com/2015/02/valuing-homebuilders-buying-right-price/

Homebuilder Market Values
http://markets.on.nytimes.com/research/markets/usmarkets/industry.asp?industry=53211


$ASCK