GREY:CRVNF - Post by User
Comment by
jamieb3on Mar 22, 2006 5:13pm
373 Views
Post# 10552750
RE: news - here's the New Math
RE: news - here's the New MathFE closed today:
10.80 / 0.25 a share = 43.2 PE ratio
FE opens tomorrow:
10.80(?) / 0.36 a share = 30 PE ratio
If we assume the same PE ratio tomorrow as today we get:
43.2 * 0.36 a share = $15.55
BTW this company, given YOY earnings growth of about 144% should be trading at up to a 288 multiple. 43.2 is a joke. West Energy, as we have talked about before, trades at 198.