Eacom Timber Corporation ETRFF

A Timber Ten Bagger?

[vicky56]

According to RBC Direct who has Eacom as Strong Buy (upgraded a month ago) they have a price target of $.85 cents over the next year!

Earnings per share growth. The most recent EPS growth @ ETR was 27.70%

Investors fix targets for most stocks by estimating future earnings per share and then applying a price to earnings multiple, also known as the P/E ratio. High and low price targets for the next fiscal year are estimated by applying the stock's current P/E multiple to the high and the low estimates of the analysts covering the Company respectively.

Over the last 12 months operating margin @ ETR was -11.30%

Now .....Total Debt/ Total Capital 5.08%

Vicky

[Aspertheoldman]

ETR is a sure Ten-bagger .After going to .01, I can foresee it going back to .10  !!!!!!

[Aspertheoldman]

ETR is a sure Ten-bagger..... after a reverse split 1 for 10    !!!!!!!!!!!!!!!! 

[vicky56]

According to an Expert....Irwin Michael. B.Com, MBA....on www.stockchase.com....and believe me they rarely have anything on penny stocks. Irwin states: Lumber. Raised money on Bay Street @ $.50 cents and were able to buy some timber assetts out east. They are all set up for the next cycle. Very sensitive to lumber prices. The quicker the housing market, the better it is. He likes it at this point

[saile1]

 for .085 cents.Look again. .07c - Hope they keep building those house.Remember Europe, Europe holds the key.If they manage to .........

[vicky56]

I agree...looking at Hedge Fund redemptions right now, they need to keep a little cash on the books and have something for a rainy day! This Europe thing could turn around in a New York second. Now adays you want to own the cow...not derivatives. This is a great time to shop, and own a farm! The day after a Thanksgiving weekend has historically been a very positive day for the markets.In Canada