Replies to post #21823 on Laidlaw Energy Group, Inc.(fka LLEG)

[reversetaxman]

Using these assumptions:
(1)Plant will be built and running in two years
(2)Net income for the full third year would be 7.5m
(3)OS shares remain at 1.5b
(4)PS Net Income .005
(5)PE Ratio=14
(6) Discount rate-6%

MKT Value at the end of year 3 would be 105m

PV would be 88m

Speculative discount at this point (discounting the above assumption that none of the above factors would change) 75%

Present value net of speculative value = (88m-(88m*.75)= 22m

22m/1.5b shares=1.5C per share

That's my guess of the current value based on the 1 (Berlin) project.