correct me if I'm wrong in my calculations. I'm ne
Post# of 41414
Posted On: 05/01/2014 2:11:31 AM
correct me if I'm wrong in my calculations. I'm new to this stuff but if blta does 100M in profit, divide that by their float of 1.84B and multiply that by P/E you get around 1.80/share. That's with a PE of 33? I just looked up the average current PE for the air transports sector. We do have a long way til we get 100M but a $2 pps is foreseeable in the future.
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