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Speedemissions Inc. Message Board

  • jasonnunn2003 jasonnunn2003 Feb 27, 2010 8:12 PM Flag

    SPMI Fundies

    SPMI@ .06

    On 30MAR 2010 the 10K should be showing us about $10.2 million in sales as compared to 9.8 million. Net income should be about $270k as compared to a loss of 99k. That will put SPMI on a bunch of low P/E screens considering our current market cap is around 310k. Free cash will be right around .087 per share.

    Maybe at some point after 30MAR we can expect a 10 P/E which puts us selling around .54 per share (on my current estimates...higher if they keep doing what they are doing). Not quite a "10 bagger" but definetly worth adding at these levels for the payoff down the road.

    JMHO....Good luck

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SPMI
0.0031+0.0004(+14.81%)Oct 24 1:40 PMEDT

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