RE:Forward P/E =16 according to stated pipeline??????????
Am I missing something here?
Aarman4, this $65M is not after tax net profits, it is revenue!
You can't get a PE by dividing th revenue by shares total!
Aarman4 wrote: That's right!
What a wonderful time to be buying shares!
I will buy today, I'll buy tomorrow, and I'll by the entire rest of the month is it keeps dropping!
Peter stated minimally having $65mil in the pipeline the next 12 months......
Well, that's $65mil divided by 164.5 million shares....... That's 0.395/share......
Current share price of $6.37 divided by $0.395/share = Forward P/E of16.12(if done in 12 months)
Now, we are beginning to get into current value buy territory, on a company with incredible growth prospects that is commercializing and expanding as we speak....AND WE ARE ONLY TALKING ABOUT THE 99% FOR SURE MONEY!
Sounds like a pretty good deal to me..... But maybe flat beach guy is better to listen to....
Listen to me, and don't make any money today, and MAYBE you will do well long term...
Listen to flatbeach guy, and have some cash in your pocket and give me and him(her?) more shares to buy!
Cheers to all!