$OCLG .0005 MUST READ $0.11 VALUATION Annualized
Post# of 44960
Posted On: 07/18/2016 9:23:14 AM
$OCLG .0005 MUST READ $0.11 VALUATION Annualized revenues to $35 million by year-end 2015 with positive EBITDA exceeding $3.6 million.
Where could we expect $OCLG to trade with these numbers? Let's take a look at what EBITDA of $3.6 million means using the April 1nd 233,071,692 O/S figure of and rounding it off to 250 million shares.
Earnings of $3.6 million at 250 million in O/S = 0.0144 per share.
P/E ratio for the medical devices sector is ~ 16
0.0144 x 16 = .23 per share IF $OCLG achieves the numbers outlined in yesterday's corporate highlight PR for 2015, $OCLG should trade at $0.23
Quote:
We are on track to close on a potential acquisition within the next 45 days with an additional durable medical equipment company with annual revenues of approximately $9.8 million generating over $2.2 million in positive EBITDA
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