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Barefoot1 - Tue, 03 Jan 06 :

He's lucky that he was able to get a job straight away....he only had a couple of hundred pounds left after LGB!!!

Just took this off the Meon thread about Dermasalve...may be a load of tosh ...but looking at previous companies would expect a decent rise in the sp...also have experience of the products and they are really good!!!

jojhnjunks2 - 3 Jan'06 - 23:32 - 24 of 25


Thanks for that Barefoot, you are on the ball. I dont know how you do it. Hope you had a happy New Year. Jonwig I dont see where you get earnings per share of 2p/ share. I have worked out that at an issue rice of 11p there will be approximatley 59mil shares in issue which at 3.3m = 5.59 p per share pre tax after tax = 4.36p (Say 22% tax)discount 10% per annum = 3.53p per share and 1.766p per share at the lower estimate which gives a guide price of 17.6 p to 35.3 on a PE of 10. If this share performs at the upper end of expectations then its worth a lot more than a PE of 10, time will tell.


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