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snow

12/22/23 3:37 AM

#69485 RE: shotsky #69473

shotsky "I doubt that their profit is above a couple percent." Let's assume the profit margin is 2 percent. That would generate profits of 12 million dollars with revenue of 600 million dollars.With a market cap of 55 million dollars the p/e ratio would be as low as about 5 just based on these deals. It is in my view pretty immaterial what the sharecount is. What matters is the market cap. People invest a certain sum of money. With a low pps they get a lot of shares for their money.