Pre content

ELECOSOFT

Content bottom
Switch off smileys
List  Previous  Next  View thread
Respond     Vote up     Email to a friend     Neighbourhood Watch
Author the wise owl     View Profile     Add to favourites     Ignore
Date posted 2014-05-03 10:52
Subject Re: Valuation   View parent message
Opinion Strong BUY
Votes for this Posting
Message
If they achieve £2m pbit, then could be 2.5p earnings per share.However we d'ont know the likely level of interest paid.My hope is that the market will value future growth at a p/e of 15(not unreasonable for IT company) which could translate to share price of 37p.It seems to me that this company has been very prudently managed (writing off software costs asap) and would be an ideal candidate to be discovered by the IC.
If they did want to strengthen the balance sheet I would be happy to support them as I believe they could be at the start of a rapid phase of growth.

Respond     Vote up     Email to a friend     Neighbourhood Watch
Switch off smileys
List  Previous  Next  View thread
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited. You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong. Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.

The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.

Discussion Board Terms & Conditions FCA'S FSA Market Abuse Fact Sheet

Bottom Leader Board Area
Closure