OTCQX:PALAF - Post by User
Comment by
SurfForWealthon May 16, 2007 9:29am
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Post# 12788176
RE: My thoughts!
RE: My thoughts!Let's see now! The stock is trading for 17 times EPS estimates for FY ending June 2008. They have no net debt and a good cash position. This is a high growth production, revenue & earnings company. Those estimates were done on lower U price assumptions however there will be some dilution from the Summit transaction. The stock is not expensive by reasonable metrics. They could be generating about $1.00 in EPS in 2-3 years and still growing.
Lull, I guess you are one of those who cannot do basic FA and decided you needed to show everyone. Cheers!!!