Showing posts with label Dejour Enterprises Ltd.. Show all posts
Showing posts with label Dejour Enterprises Ltd.. Show all posts

Sunday, July 15, 2007

Dejour Enterprises Ltd.

Dejour Enterprises Ltd. is an AMEX listed security that has been trading in a range between $1.10 and $2.95 over the past year. With 60,965,480 shares outstanding, a recent price of $2.16 gives a total market capitalization of $129,856,479. While there are certainly larger companies, Dejour Enterprises Ltd. has definitely earned its place in the pack. Last year, Dejour Enterprises Ltd. created $0.33 in earnings for every share outstanding.

Dejour Enterprises Ltd. is currently priced by the market at 6.50 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Dejour Enterprises Ltd. is unlikely to be an interesting value proposition.