Replies to post #12470 on Effective Control Transport Inc. (fka EFFC)

[Mikey_Picks_Money]

Friend if you read this chart carefully, this is based on NET REVENUE AFTER TAXES, now how is Tradismylife able to make such a illogical chart based on no financial disclosure of to what the NET revenue may possibly be?

http://www.stockscores.com/quickreport.asp?ticker=mccy

[ajs]

This is my conservative calculation, based on today's PR:

100,000 units X $1,500 (Sale price per unit) = $150 million

$150 million X 80% (Gross margins) = $120 million revenue minus cost of units

Let's say tax and SG&A is 50% of that, so the earnings will be $60 million.

That is $1.20 per share of earnings.

Give it a very conservative PE of 10, the PPS should be $12 by the end of the year.

GLTY.