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6 pts

Opinion on  Pilgrim Petroleum Corp. (PGPM)
PGPM is a buy

May 16, 2008 10:24 PM GMT
Return Risk
-5.53% MID
Analyst

Pilgrim Petroleum Corporation announced today the company's year 2008 projected EPS (Net Earnings / Outstanding Shares) $50,000,000/844,236,923 of 0.06. Based on this EPS multiplied by a sustainable growth rate of 25% and multiplied by the average industry P/E ratio of 20.96 (Reuters), Pilgrim's intrinsic value or estimated stock value should be $0.3103.

PGPM:  This call was made on 05/16/08 @ $0.0035
Rating:   Positive   $0.0035 (05/16/08)
Gain/Loss:   n/a in 569 days
Target:   $0.25 (+7042.86%) in Six months


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mohini   N/A     1 point   commented 417 days ago reply

The main point is I do like the name of pilgrim petro and the sound like divident is supper dupper. I feel extremely happy to have some shares from pgpm.

i

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