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Noble Iron Inc V.NIR.H

Noble Iron Inc. is a Canada-based company. The Company does not operate any business and does not have any operating revenue.


TSXV:NIR.H - Post by User

Bullboard Posts
Post by mcuglyon Jun 12, 2003 2:16am
98 Views
Post# 6163813

Some more numbers

Some more numbersNow that I'm on a roll let's speculate even further for all you number crunchers out there.If we assume that Napier only generates 10% of the potential market or .1% then their annual sales would be approx. $100,000,000. At 40% profit margin their earnings before taxes would be $40,000,000 or approx $.85/share. If they traded at 10X earnings the shares should trade at approx $8.50. Realistic?
Bullboard Posts