Going back to that broker's note that Maut posted.
They say EPS last year of -3.6p, which is about right - with 270m shares in issue, that equates to a loss of £9,720,000, which is near enough (actual loss was £9,590,000). They're also saying EPS next year is 0.3p, which equates to a profit of £900,000 - which is a hell of an improvement, but.... what P/E ratio are we supposed to apply to this? Even if we give it a P/E of 50 (which is sky-high, imho), that only equates to a share price of 15p - which argues that most of next year's projected profit is priced in already.
Tadpole Tech stock quotes
Tadpole Tech stock charts
Follow this thread
