OTCPK:LLEN - Post by User
Post by
Cool_Sciroccoon Mar 13, 2013 1:25pm
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Post# 21123543
Selling for less than 2.2X likely FY2013 earnings
Selling for less than 2.2X likely FY2013 earnings At yesterday's CC, Clayton Fung said that $0.30/share earnings on continuing operations were likely in Q4/13, the quarter ending on April 30, 2013.
Add that to the $0.60 from continuing operations earned in the first nine months of the year, and we're looking at approximately $0.90/share in FY13.
As I write this, LLEN is trading at $1.97. That's a PE of 2.19.
It's also nuts.