RE:RE:RE:RE: First major order from a major citrus producer You can't give the company credit for growth it hasn't achieved AND a premium P/E multiple of between 20x to 30x. Your work is good. But there is always the "right" price to pay for something. The company needs to finance its growth and will likely come to the equity markets to collect growth capital. The share count will grow. Margins are likely to come in lower. Not saying this is a bad purchase -- I like this company -- but I would not pay much more than the current trading levels (at least not until the company announces an equity offering).