Mart Resources Inc MAUXF

RE: RE: RE: Operational Update - status please!

[themangokid]

if we annualize 8 cents a share we get 32 cents for the year.  32 cents on a 1.70 stock gives you a price to earnings ratio of 5.31.  very inexpensive.  perhaps even insanely so.

 

earnings of 32 cents a share easily covers the 20 cent a year dividend.  dividends sustained by actual earnings than by simply cashflow.  so beautiful.

 

I get the feeling though the stock is more likely to move on guidance and any pipeline expansion news rather than their actual earnings for Q2.