Replies to post #545 on New Energy Systems Group (fka NEWN)

[greatone]

doesnt sound bad ? thank god they decided to desove the other deal it didnt make sense i know therei alot od competition over there but with the Olympics coming up not far away plent of room for everyone and with the new wild wild west economy of the world!! I think we are in the ballpark boys with a glove on!!!

[willy1015]

CHID VALUATION

From the November 14, 2006 PR. The facts:

3rd Quarter Earnings per share = $0.02

First 9 months of 2006 EPS = $0.05

Let's be conservative for the 4th Quarter and project earnings to halve at $0.01. So projected 2006 earnings of $0.06 / share. Now the question is what PE multiple to use. Here are 3 scenarios:

1.) .06 * 12 = $0.72 share price

2.) .06 * 10 = $0.60 share price

3.) .06 * 8 = $0.48 share price



Select the multiple that you think is appropriate, but like I have posted here before, CHID appears undervalued in all 3 scenarios.