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  4. Electronic Cigarettes International Group, Ltd. (ECIGQ) Message Board

Last fall I posted and said: IMO after feb 2016 a

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Posted On: 03/12/2016 1:48:40 PM
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Posted By: times2times2
Re: Honeycomb777 #438
Last fall I posted and said: IMO after feb 2016 a new era will start...all national and international expansions will show effect...pps is not reflecting any relationship to Q3 financials (and Q4 will be even stronger; expecting growth for years to come) and revenue: Revenues of USD 15.40 million, Net Earnings of USD 9.23 million, and Earnings per Share (EPS) of USD 0.09. Gross margins widened from 14.41% to 44.86% compared to the same period last year, operating (EBITDA) margins now -10.75% from -99.97%.
Annual Rev 2016 will be ~100M...multiply that by 2 (conservative) and calculate with some OS 100M shares (the float will rather be ~50M...most of which are in strong long hands) and you will end up with a market cap/fair market value pps of $2 per share.


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