A Few Calcs15 Jun 2015 14:31
I've estimated profits for GIS, year end 31st March 2015 as £562,000, based on the £260,000 profit for the 6 months ending Sept 2014 and the transaction numbers for October through to March from the Rns's. Based on this and PE ratios, I would expect the share price to trade between 0.26 and 0.31p in old money and 2.8p and 3.4p in new money. Does anyone agree, or am I talking rubbish?