Replies to post #50174 on LIG Assets Inc (LIGA)

[ChannelTrader]

100% agree...huge company profit transaction.

$LIGA

This real estate sale does count, it makes for a very healthy balance sheet. We are talking about an asset company here.

[ulmadi]

Of course, this is a profit - which has a positive impact on the balance sheet.

However, to determine a P/E ratio, all extraordinary items must be factored out. This applies to both expenses and income.

How do you calculate the P/E ratio in the coming year if these extraordinary revenues are no longer present???

If sales do not increase sustainably, LIGA will continue to make losses as in the current fiscal year - without the more than 6 million from the Brentwood proceeds.

Go LIGA