Looking at the numbers I think the worst is behind JGL.
By my calcs earnings per share could be in the 2.5 to 3 cents range. In fact if electricity prices had increased as they probably should have last year the business would have run a profit IMO.
I've got this on a forward PE of 3-4 times. Will be looking at the quaterly cash report for confirmation of $$$ in the door and waiting for news on new customer acquisition which is obviously key to JGL's success.
Cheers,
JT
JGL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
