Replies to post #34439 on Ideal Financial Solutions, Inc.(fka IFSL)

[Flobewan]

I tried to get on that last conference all but couldn't get through for some reason, think I was having a blond attack that day, lol

[Ashaman]

You know... Even if Q3 would be the last quarter of the year (which it is not!), IFSL's fair pps to date should already be set at $0.80 (= basic earnings per share Q1-3 2011 = $0.08/share, so with a P/E of 10 the fair price would be $0.80).

We are currently trading at a P/E of 3.75...

Q4 results will highly likely add some sweet additional profits which should ignite the fair pps to even higher numbers.

If one multiplies a quarterly profit of $0.08/share by four, one gets a reasonable indication of the yearly potential profit for the year, which would then be $0.32/share. Take a P/E of 10 and you'll get a fair value of $3.20/share.

It doesn't stop there though because nowbody believe the numbers IFSL have presented, although they were record breaking, will keep this low with all the new projects (including PDL vertical). Numbers could easily run up higher which translates into a (much) higher pps...

Oh well, I assume I didn't have to say this to you and our fellow investors anymore huh?! Basic knowledge, right?!

Go IFSL!