OTCPK:VRXWF - Post by User
Post by
sydenhamon Jan 01, 2010 8:44am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
595 Views
Post# 16630965
Price Target?
Price Target?I'm surpised there's no action on the board with the movement the stock had yesterday. mallgirl, I totally overlooked VRW as I was chasing JTI all along.
Anyway, a modest target of earnings for the year for VRW should be
.04-
.05/share. What would be a typical valuation for such a company? 10X earnings would be very conservative for a growth co. 15X earnings?
In any case you'd get a reasonable price range of 40-60 cents using '09 earnings. Would you agree?
It makes it illiquid but I like the fact that management holds close to 70% of the co. With them having a direct stake there's no doubt they want VRW to thrive. They've got some major companies as clients. It all seems good.
We'll see where my bids get on Monday. Happy New Year!