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Replies to post #69471 on Aquagold International Inc (AQUI)

Replies to #69471 on Aquagold International Inc (AQUI)
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screamingeagle

04/26/08 4:01 PM

#69472 RE: Kitazo #69471

If they deliver the stock should rebound hard
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kolchakil0

04/26/08 4:14 PM

#69473 RE: Kitazo #69471

Kitazo, can you please show your calculation...

Thanks...
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MSirWilson

04/26/08 5:33 PM

#69476 RE: Kitazo #69471

I think you counted revenues as earnings. Here's my math:
$118m / 8 years = 14.625
* 20% profit margin = 2.925m / year
/ 800 million shares = .0037
* 15 P/E = .055

Therfore, assuming everything we have heard is true (fairly safe assumption methinks) anything under 6 cents is a steal. Of course, this is only the first contract. I agree a reverse split is inevitable. There are simply too many shares outstanding. To hit a $1 price per share they are going to have $120 million in earnings per year. We are at 2.9m earnings per year now. So 600m+ in revenue. Maybe thats possible?