My thoughts are that turnover 15 million, net profits after all costs including new openings of 1 million (normally 6-7%. Say PE of 15 (conservative considering the growth story) Share price 15-20p on the most consevative of estimates.
Last eyars figures include the costs of redeveloping and opening six new stores. This year there have been 3 therefore incidental costs could be much lower than i've figured so maybe profits could be 1.4 milllion giving share price at 20-25p.
I can't believe other people can't see this althougbh I note steady buying over the last week and its not me.
