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Weltman

01/19/12 5:17 PM

#46024 RE: PinkyKing10 #46023

I appreciate your weariness, but fundamentally speaking SEEK is not due to shoot to the moon right now. Realistic expectations are very important.

Here's a quote from a post of mine on Dec. 8 2011.

HELPFUL INFO...Let's assume SEEK will have the exact same net income, share structure, and pps 3 quarters from now...all of this won't happen, but for calculations sake "let's assume."

If so, it would be trading at a P/E ratio of 24 at that time 3 quarters from now...here are the calculations.

31,258.08(4)/2,495,624,262=.000050101 EPS
.0012/0.000050101=23.95 P/E



I want to point out the share price in the calculation is $0.0012.

So at the moment here in the teens is a perfect place to settle and be valued modestly.

Here's the link to my post...I HIGHLY suggest you read it for context, and so you don't freak out and think SEEK is currently overvalued.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69739131
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Newie

01/19/12 5:28 PM

#46025 RE: PinkyKing10 #46023

I'm not quite sure if the tone of the message is positive or negative, whether you believe me or not that I spoke to SG, and the intentions of this post..haha
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MJAM2020

01/19/12 5:38 PM

#46027 RE: PinkyKing10 #46023

LOL the jumps had already occurred and were factored in by us speculators that were buying the stock before and during the last run...where we sit now is great...and if your buying now...your speculating on the jumps in revs growth etc..down the road that move this company to the next level up...Never heard of sell the news?..how long you been doing this?.. Market cap wise we are right about where we should be ... all this was expected by those of us buying and holding from .0003's ... Its been a beatiful thing to watch unforunately the stock price got a little ahead of itself during the hype..and had to pull back as the actual results were announced....take a look at the weekly chart from back then..LOOKING GREAT PERIOD...will it continue...can't say for sure...but I think i'm smelling another run coming..its taken some time but the site has almost been rebuilt...will have to await to see the results..thats the gamble...

goodluck..

mj