Replies to post #1685 on Jade Art Group Inc (JADA)

[value1008]

On EPS, recall that for 2009...
Q1= 3 cents EPS
Q2= 0 cents EPS (well, it was a tiny fraction above that)
Q3= 8 cents EPS
Q4= 5 cents EPS
Total twelve-month-trailing (ttm) EPS = 0.16

So the likelihood of the ttm EPS growing further with the Q1 report and then with the Q2 report in mid-August looks very good!

Of course, with today's results, i and others are dropping the idea that JADA will avg 8 cents EPS or better per qrtr this year.
At this point i'd be happy with anything in the range of 4-7 cents EPS per qrtr for Q1, Q2, Q3... A repeat of the 5-cent EPS for Q1 and Q2 would yield a ttm EPS of 0.23.

If we see a conservative trailing P/E of 6.5 or 7 on today's results for last year, that would put the shareprice over $1 again, and if JADA can get the EPS to around 0.22 to 0.25 by the Q2 report in mid-Aug, with a bit of boosted confidence from news on any acquisition prospects, the trailing P/E could run as high as 8 or 9 and get us to $1.80 to $2.20 by then.

I'd be quite happy with such a pps gain in a mere three months.
Beyond that, any initial vertical integration (via acquisition) that would give us a few extra cents in EPS in the Q4-2010 and Q1-2011 would be grand, perhaps getting us to $2.50 or higher by early 2011.

As in all things, let's see what happens....