Originally posted by vmp
If you have 3 billion shares, you need $3 billion earnings for $1 EPS.
If you have 3 million shares, you only need $3 million for a $1 EPS.
The difference is a staggering $2,997,000,000!
So here’s the answer to your first question. Chop it, slice it, compress it, or squeeze our SOI anyway you want and we can easily achieve much much more than what Beer and Co thinks!!!
So the answer to your 2nd and 3rd questions is: A hundred Yes’es
This is why a $5 SP for this company is cheap like 5 cents
How does that sound?
Yeah this is what I understood too... So if revenue hits 100 Mil (which seems fairly easily achievable), the EPS would be roughly $3... So in terms of share price P/E how would that work? 100 Mil easily $30 at 10 P/E? But with massive more earning potential, what could it reach? 3x that again.. So earning 100 Mil but trading as if earning 300 Mil (Still massive upside potential from there too) ? I have only been a short term trader thus far. I double my money and do it again, and again. So I have never had to look so much into evaluations based on P/E etc... Thank you for helping. I am currently doing some reading myself also