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China Keli Electric Co Ltd V.ZKL.H

China Keli Electric Company Ltd. is a Canada-based company. The Company is engaged in seeking a new business. The Company entered into a letter agreement with Liard Strategic Minerals Inc. (Liard), which is a mineral exploration company, pursuant to which the Company proposed to acquire all the issued and outstanding shares of Liard, by way of a reverse takeover transaction.


TSXV:ZKL.H - Post by User

Bullboard Posts
Comment by 10bagson Jan 09, 2014 4:32pm
79 Views
Post# 22075636

RE:ZKL 50 cent target

RE:ZKL 50 cent targetI don't get your math:  "EPS is 0.5 cents per share. All of these numbers compare very favourably versus the company's market cap of $9M at 10 cents per share"

Earnings are half a cent per share.  A P/E multiple of 10 works out to 0.05 (5 cents) not 50 cents.......0.005 x 10 = .05

Or am I missing something???
Bullboard Posts