Replies to post #11399 on Sigma Global Corp. (fka SGGC)

[Day Trdr Belle]

I was just about to point that out.

Also, does anyone know what is the average P/E Ratio? 8-10???

"Based on anticipated revenue and costs we expect to generate $1.4M net earnings in fiscal 2009 or $0.002 per share. "

[willlbone]

50 barrels x 90 dollars x 320 days = $1.44 million the low estimate

1.44 mill/650 mill shares = 0.002 cents a share at 1 P/E

[Howardhaftel]

I typed it wrong. Its 50 to 60 barrels times $90 per barrel - $20 per barrel cost comes out to $1,428,000 per 340 day year. That sucks.