WT,
Have you tried to estimate what NEWN quarter earnings will be?? The company has repeatedly stated they will make $1.23 for the year with .58 diluted through June... I am thinking they will hit around .37 for this quarter (just my guess). I would like NEWN to surprise investors but anything over .30 cents this quarter is good step in the right direction. This is a viable listed company that is probably just about to start getting its recognition by institutions. As they increase this exposure the stock will finally realize a more reasonable PE ratio.. I think anything less then a forward PE of 10 is very reasonable with this new exposure and with the recent listing.. I value this company easily at $12-14 per share in the next 6 months and am happy buying it at its current prices... I think it a great value stock and with it new MEE power and it exposure to the USA soon with APPLE and this stock could easily be valued much higher then my estimates. Hence if you have any vision beyond day to day trading tell me what their isn't to like about this company, its product or its balance sheet. I think institution buying is soon on its way (now that it has been listed a few months) and exposure is on the way...
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