The facts...EGT5/4/12 Closing Price: $1.172011 Revenues: $27 millionP/E: 117MPEL5/4/12 Closing Price: $13.902011 Revenues: $3,831 millionP/E: 25
good post and point!... EGT's 117 P/E ratio is too high for me... i will buy when it pulls back...
EGT can do 0.02 eps on 600k net income per qtr.. by yearend would make that a 58 p/e and growth accelerates
0.02-0.03 cents per quarter run rate is coming soon.
Sometimes we cannot educate some people to prosperity.It's their Fate.Watch and cry over next 2 weeks when we hit 1.75 in the coming sessions.Rest of my EGT followers, enjoy the ride.Irrespective of what happens until May 15th 2012,I want to state this.We will take out 1.75 in 2012 and not just that 3.25 will hit too in 2012.Buy the pullbacks if anything is offered.The way the things are progressing, it looks like some strong hands want to be in right away at any price.EGT is a fundamentally great company.It deserves every penny of its current valuation not just right now but even 1.5 years back.So its worth a lot more in 2012.Time will prove it.I can search this board for some idiotic posts in retrospective.I don't want to do that.Lets look forward to EGT developments in 2012.Stay long and strong.Don't get carried by short term gain.We have lot more to go.Follow jssurfer. He will be a rich guy soon.He will be well rewarded for his patience.Getting in and out... you will only loose money.2 - 3 good trade.. all profits gone in 1 bad trade.So let the winners run.Cut short your losers.
Yex,Another maven whose focus is the PAST.Wake up, man. We're in 2012 and NO ONE with more than 3 neurons between their ears is interested in "Facts" from 1811, 1911, or 2011.
EGT does not currently have the revenues to support $1.17 per share with a P/E of 117. I will wait patiently and buy when the initial buying frenzy is over and it drops back down to $1.00 or less.