Replies to post #101 on Worldwide Energy and Manufacturing (fka WEMU)

[RyanW439]

You aren't considering the fact that these other companies have more shares outstanding... You can't compare market caps with eps. It's not apples to apples.
For instance, SWPRA has 97M shares, so it's $.24 eps is total net profit of 23M. Meanwhile, WEMU eps is ~$.46, or $1.6M total net earnings.

Also, SPWRA's balance sheet is much larger, 2.4B in assets. Less liabilities, total stockholder equity is 1.3B.. You can't compare the value of the two companies until you look at assets, liabilities, earnings and outstanding shares...

You're leaving out some major valuation points just looking at eps and market cap.

[John Bates]

2Morrows, From what you've seen on their contract announcements for shipments corresponding to last quarter, along with the backlog and general trends, does the Redchip EPS estimate seem reasonable? If they came out with .20, should we still be happy?