Yes, I think that is a reasonable earnings estimate. Personally, I think that even a conservative valuation puts MUEL at a double digit P/E and a P/S closer to one, considering growth of sales and backlog, international positioning, and potential to return to reporting status and uplisting. That would be a triple.
But we should definitely be going higher. High five.
Why has MUEL reduced its cost so much, as only 2 million more revenues 2012 t0 2013 ($ 49,754,000 $48,865,000 ) . but multiple times net makes for nice eye candy but what did I miss as current price double its year to year lows?
I am only asking because I have a car I would like to park which is full of cash.
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