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Pennyland

11/22/09 1:34 PM

#49941 RE: ASK #49938

"Not unreasonable 50 cents a share.

If deals get done, their 2010 profit forcast is 33M.

Even o/s max out to 750M, we get a EPS of 0.044.

With 10 earnings multiple, we get 44 cents a share.

JMO"


and that doesn't include #5&6...

and from my understanding #5&6 are twice the size of 1-4...

If deals get done, their 2010 profit forcast is aprox 99m...

33m + 66m = 99m

99m divided by 750m = .132

.132 x 10 = 1.32

With 10 earnings multiple, we get $1.32 a share...