Future Stock Price and Mach 10 analysis Mach 10
Post# of 9122
Mach 10 thanks so much for your contributions to this board. As a long suffering holder of several years, I'm hopeful your analysis points to a much brighter future.
If we use the $157 million figure of net revenue that you provided and take out about 25% for taxes (just guessing here), that leave us with about $120 million .I think we have about 160 million shares outstanding, so that leaves us with about .75cents earnings per share. At a somewhat conservative P/E of 20, that would lead to a $15 share price.
Do those figures make sense?