GREY:IPPQF - Post by User
Post by
Ciaoon Sep 14, 2018 10:25am
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Post# 28619979
their best year
their best year
was 2013, rev was $15.2M with EPS of .12 (10.2M shares O/S)
If they can replicate what they did in 2013 (with gross margins moving up to 40%, growth with European expansion to hopefully more than offset Billy Beez declining rev), adding growth PE multiple of 15X, this could move to $1.80. More conservatively, at a no growth multiple of 10X EPS, a target of $1.20. Keep an eye on the backlog from announced contracts.