$ASCK Projecting $10.25m NET Profit for 2018 = 2
Post# of 103002
220,000,000 O/S x $0.0115 =
$2,530,000 Market Value(omg)
$2,530,000 MV / $10,250,000 Net Profits =
$0.25 PPS
Using a conservative universal P/E multiple of 10
$0.25 x P/E 10 = $2.50 PPS
That's a Market Value of $550,000,000
How undervalued is $ASCK?
Most companies use a P/E 12-20, and have $900m to Multi Billion $ Market Values.
P/E Values
http://marketrealist.com/2015/02/valuing-home...ght-price/
Homebuilder Market Values
http://markets.on.nytimes.com/research/market...stry=53211
$ASCK