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福麒國際 Message Board

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  • moviecrazy100 moviecrazy100 Aug 16, 2011 9:15 PM Flag

    Read this one

    September 2009 => 18 millions/quarter
    Assuming that they earn 20 millions/quarter now
    (5% growth in 6 quarters => 1% growth per quarter),

    their annual earning is
    20 millions/quarter * 4 = 80 millions/year

    their current market cap is 80 million,
    So p/e = 80 millions/80 millions => 1

    In conclusion, the problem of this company is not their value, but their accounting. Hope that the new CEO can hire a new CFO and submit the missing financial reports with the bless of auditor.