Replies to post #11913 on PGI Energy, Inc. (PGIE)

[lukin4winners]

896176646 outstanding figure then you'd get 0.89/share

[bkbirge]

If you take typical energy sector P/E into consideration of around 10+ then you'd have a target share price between $4 and $8. 'course I don't think PE ratios are all that high down here in the pennies but for a future big board listing it is possible.

[kbatl]

you have to remember that is only revenue and I'm sure the COGS is quite high on an oil rig. EPS is what you need to look at not revenue per share.