Replies to post #67380 on Laidlaw Energy Group, Inc.(fka LLEG)

[JTrox]

I think we would need to calculate this by 35%, as LLEG only owns that much of the Berlin plant.

So $77,710,288 * .35 = $27,198,600 revenue per year

Wild Guess of 20% profit after expenses = $5,439,720

$5,439,720 / 3 billion shares = 0.0018 per share

Give a P/E of 100 = $0.18 PPS

Still a great investment if Berlin comes online!

[Grozny]

P/E is price/earnings, I gave revenues. It is unclear what LLEG's costs associated with Berlin will be. Regardless, it's still going to be worth a lot more than .0016!

Matthew

[laughingotter0]

You are using revenues for your calcultion - not earnings. You need to deduct expenses. Also, LLEG does not own a 100% interest in the plant - you need to adjust for that as well.