RE:RE:RE:Expectation are too low; co. will beat next qtr
Hi All,
Just my view. I am not sure how badly the co will be effected by cut in Medicare. But if we take the Adj EBITDA of first qtr and forward this to financial year end 2016, it would about 32M although this could be more as q1 is typically the lowest revenue. Now even if we discount this by 25%, I get about 24M which brings the Adj EPS to about 7c for the year 2016. The stock is trading at PE of 5.77 with cash on hand of 7c and cash flow annualised at 10c
All the above is just my opinion
apainter