Replies to post #13757 on Baltia Air Lines Inc. (fka BLTA)

[GreekInvestor]

There are a lot of technical aspects to your analysis that I don't really understand and I'm not sure how much of that can accurately or consistently be applied to a small cap like this one. However, you are definitely more savvy and well versed in technical aspects of trading than I am. Thanks for your contributions to the board thus far!

I gave my thoughts below in an earlier post 12865 when someone else asked what we thought the share price would eventually rise to upon certification and operations.

POST: 12865
I actually like this question... I'm no Wall Street insider but I'd like to take a stab at this one from a hypothetical sense of course.

Let's assume Baltia projects earnings of $100MM anually based on 3 RTs per week. A PE ratio of 1.0 would peg at .05 cents per share if my math is correct. I haven't had much time to look at the current industry average but the global airline industry average forward PE was about 9.8 in 2005. I'd obviously like to know the average in 2011 in a down economy and will research when I have access to a computer; however, based on the 2005 average, that would peg Baltia's share price at .49 cents... Of course that is once the company is operational at 3RTs per week (hypothetically speaking).

I personally like those figures. If my hypothetical calculation seems off or incorrect feel free to correct me. Like I said, I'm not a Wall Street guru.

[weaseldawg]

What I have noticed in my research is that most airlines trade between .5 and .7 annual revenue.

Stated another way: take 50% to 70% of annual revenue and divide it by the outstanding shares. In this case almost 1.9 billion shares. This increased from 1.8 the last time I posted this.

IMHO
If we take projected $100,000,000.00 X.5 to .7 = $50,000,000.00 to $70,000,000.00 now divide that by the OS and you have...wait for it..... .023 to .036

AGAIN IMHO:
The concern is trying to find institutional funds that will come in to gobble up all those shares at a valuation higher than the rest of the industry? Although anything in this world is possible!