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how about this back of an envelop calculation of '08MPH profits...

  1. zen_machine
    3,698 Posts.
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    05/04/07
    10:31
    Post #: 2332116
    how about this back of an envelop calculation of '08

    MPH profits $4,644,000
    interest @ 8% on $42 m = $3,360,000
    $1,284,000
    DES
    NPAT = $3 m
    207.9 m shares

    eps .02
    price .26
    PE 13
    future pe 15

    Target Price .30
    15% upside
    DES Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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