We now have a P/E of about 45. Is this enough to support current SP? Depends on whether we can sustain growth, which is not looking exponential any more.
Seems to me that we will see a retraction in SP to below $3 over the next 6 months unless there is some positive news from the company. Based on previous conservative announcement policy I am not holding my breath. A divy of 2 cents per share is not what I, as a holder since the float, think I deserve. Lots of cash reserves. Time to distribute some to those true believers who have held on so long.
I give it a C+.
Red
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- sales $34.461 million, eps 8.57c, div 2c
sales $34.461 million, eps 8.57c, div 2c, page-2
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