shizzle-yes, EYII we both know is way undervalued..I may have sent you this, but look at this Agora site valuation based on China etc:
..note the .92 pps and HIGHER longer term..They can payoff cornell (balance-may be small amt), with the first China p.o. from inked $210 million contract! then we really zoom!! see .92 pps below (also like the .50 target by April and $2.76 target with 30% gross margin)...next week maybe .10 area, but huge on the 1st p.o. order from China (with Cornell paid off to boot)!!
Subject: what is the EYII price target ?
From checkit
PostID 447750 On Thursday, February 09, 2006 (EST) at 4:53:01 PM
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Hello to all,
i can show you this careful calculation:
$210M revenue only from CodeBlue in China for 2 years.
Cost of operation for EYII should be relatively small since CEIC will manage most tasks in china.
a) Gross Margin = 10%:
That are $10.5M profit for each year.
$10.5 divided by 228M shares = 4.6 Cent per Share.
Let's assume a multiplier of 20 for this industrial sector and in consideration of the bright future of EYI.
(210M *0.1 / 2 / 228M * 20 = 0.92)
Thus we have a potential price per share of 0.92$ !!!! And that's only the beginning of a much bigger story.
b) Gross Margin = 30%:
If we assume a margin of 30% the potential price is almost $3 (210M *0.3 / 2 / 228M * 20 = 2.76)
That's really incredible but true!
When the first purchase order comes in march then the PPS should boost up to $0.50 within april or may. Approximately $1 we can see within 6 months. And long term (1 year) $2.75 are possible.
Believe in EYII and you will earn a lot money till the end of the year. JMHO.
Have a nice day and God bless you.
I wish you a sucessful investment.
With EYII you will find it.
+c+
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