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Q: The company's current year started April 1, 2016. I anticipate Ovivo may make as much as 18 cents a share for the current year. On the basis of those numbers and your opinion of the balance sheet etc what value do you think the company currently deserves? The 4th q comes out June 1st and the company is expected to make about 10 cents a share profit so the outlook for fiscal 2017 is for material growth in profit. If energy prices continue to move up then even better results may be possible for late 2017 or fiscal 2018. Thanks.
Read Answer Asked by Murray on May 30, 2016
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