Re: Get your eyes on the prize!.SGE
in response to
by
posted on
Oct 25, 2007 04:45PM
I'm with you 100%. I posted days back about what I was thinking regarding the share price potential. I win in TX and (assuming we get at least 80mill from J1 and 801 million from J2 and 50 million from J1/2 ) then that would be 105 million our part. At that point the prospect of us actually getting settlements from at least 250 companies is almost certain, so our P/E should reflect a good future. I am speculating at least a P/E of 20. The outstanding is below 400 m,. but let's use 400m , so 1005/ 400= .26 earnings per share at that time. .25*20= $5.20 PPS ........................but wait a minute the is a one time thing right? Along comes the 485 companies (Turley's 300 ) The should now crumble fast and if we get some of the big ones to go first we should get one a week and (guessing 16 million average for the big ones) we get 8 million each for us that is again about....8*13=$104 million /400 m shares =.26 eps * a 20 P/E and we get a quarter of $5.20 PPS. Through in some irrational exuberance and we could double the P/E and PPS for at least $10
$10