% | $
Quotes you view appear here for quick access.

Eltek Ltd. Message Board

  • xyz1002gpa xyz1002gpa Nov 28, 2013 2:42 PM Flag

    PPS= 20 X PE = 20 ($0.09 x4) = $7.20 That is minimum. Since the growth is at exponential scale the

    PE should be about 30 which puts the pps at $10.80. But since it is a very low floater, it MAY get a PE of 40 which will take the pps to $14.40. I am betting at hitting apps of $7 soon in less than 2 weeks. So hold your shares or cry later.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I am long and strong but I hate phony pumpers just as I hate phony bashers...The EPS did not reflect the purchase by Nistek with brings the float to a hair over 10 mill shares...meaning that the eps is just below 6 cents. Even going off 4 quarters of 6 cents that EPS is .24 cents. At a PE of 20 the share price would be $4.80. Over 4 dollars from a 1.50 in three days is alot to ask without profit taking...that's why it came down along with daytrader selling. I do expect the stock to be 4-5 dollars in the next 3-6 months, even with a market correction.

      The great thing about the stock is that it is growing and could be the dominant PCB manufacturer in Israel with Nistek's help. Is this the next SILC, I do not think so but it is a great place to put my money for the next few quarters and not loose any sleep over it.

0.940.00(0.00%)May 31 3:52 PMEDT