Anyone care to comment on this post from another board.....ad China Study I'm not sure if the price is being manipulated. It appears to be where it where it belongs. I know some people have suggested the price should be at 10 cents, but their valuations are wrong. They're making the mistake of simply multiplying the gross revenue ($15 million) by five and dividing that number by the total number of outstanding shares (725 million) to get a stock price of about 10 cents. The problem is that this method will only work when NTEK reaches 22 to 25 percent margins, which it hasn't done yet. This is how I calculated the price: Take the current net revenue for the most recent quarter ($300k) and, assuming everything stays the same, apply that over the next three quarters. This would yield an annual net revenue of $1.2 million ($300k x 4 quarters). Divide $1.2 million by 725 million (the amount of outstanding shares) and you'll get 0.001655. Then, multiply that by a conservative PE of 22 and you'll get a stock price of $0.0364, which is about where we are trading now.
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