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HistoricalPEGuy (62.50)

WWWW is Hyper-Undervalued

Recs

5

August 07, 2008 – Comments (3)

I am just floored by the current market reaction to WWWW.  Let's look at some numbers

Earnings (per share)
Quarter Ending Mar-08 0.15
Quarter Ending Dec-07 0.10
Quarter Ending Sep-07 0.13
Quarter Ending Jun-07 0.12
Quarter Ending Mar-07 0.12

Just Ended - Jun-08 --- 0.18
Projected -- Sep 08 --- 0.21
Projected -- Dec 08 --- 0.24

Actual 2007 -------- 0.47
Projected 2008 ----- 0.70 (low end)
Projected 2009 ----- 1.00 (uncertain)

If the projection comes true for 2009, WWWW would be trading at a forward P/E of 6.

Looking at Quarter by Quarter growth - we see about a 10% clip.  That's pretty damn impressive quarterly growth.  From a yearly perspective, we are looking at around 40%.  How in the world can this be trading at 8 P/E today with a 6 Forward P/E?????  Its PEG is something like 0.15!

Is it actually possible that people are trading this based on Yahoo! Finance's bad numbers?  All the stock research sites have the numbers totally wrong due to the merger with Web.com.  Look at the real numbers, and they are astounding.  FBR, RBC, Roth and JMP just rated it a buy a couple of days ago based on the conference call.  The traders on this thing are simply not seeing the forest through the trees.  I just plopped down big money on this today at its low well under $6.  I'm mad that I didn't put more down because I don't think we'll see these prices ever again.I honestly believe this is a total miss by the market and I hope to take full advantage.  Does anyone know something that I (and the 4 analysts) missed? --HPEGuy

3 Comments – Post Your Own

#1) On August 07, 2008 at 4:02 AM, MGDG (35.37) wrote:

Sometimes you can pick up what looks to be a dirty stone on the surface, that everyone overlooks and it polishes up into a fine Jem. Other times it actually is just a dirty stone.

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#2) On August 07, 2008 at 6:28 PM, HistoricalPEGuy (62.50) wrote:

(with Japanese accent) Ahhhh, thank you for your wisdom, MGDG-son.  Although, I would have rather received it in the form of a Haiku.

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#3) On August 08, 2008 at 1:46 AM, MGDG (35.37) wrote:

I'm not that good with Japanese verse HPEG, but I did give you a Rec and put the pick in My Caps.

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