THE NEW PNC TELECOM

Joke

Please answer the questions or do you not understand them.

You have also failed to answer the bits indepth on EPS and PE

£215K in 6 weeks and turn over up. lets assume that the average for the next 8 6 week periods is £225k (allowing for future growth and new business)

GP = 225k / 6 x 52 = £2 mill ( I know I rounded it up)

Admin £406k (currently) lets add 10% and call it £450K
Directors wages lets say £250k (unless you know different)

I have not added any other income receivable i.e interest etc

So we have £2 mill less £700k and lets say they have 300k of other outgoings leaves a net profit of £1 mill.

Have I missed anything?

EPS is a very important calculation for valuing a profit making company. If you check the figures and even allowing for the dilution that may not be full finnished until 2012 calculate at a profit of £1 million pa and use a low PE of 10 you will see that this values the shares at 1p when fully dilluted.

Do you not agree?

And what about your 33k you said was in the GP figure, wrong again.