Errr....
Firstly do refer my above comments.
I am a trader and I get paid when I observe...........

Hence, I could just post stocks WITHOUT any prejudice and it's up to you all to decide YOURSELF if what I am saying make sense or it's utter KETAM!
But jokes aside, never ever trust anyone in any stock forums.
Trust own self.
Make your own research + reasoning.
I see forums where one so-called head speak, and the rest follow blindly...

I do not wish to see this here....
simply cos... I am human and I could be always be WRONG!
Yes, using TTM, Elsoft PE is high at 26.7
Not much justification.
Regarding Elsoft, I am aware what I wrote here
post #1272That was before it's latest earnings.
hehe86 also note...

Compared to my last notes.
That time I was looking at a TTM eps of 5.39.
Now the TTM has jumped incredibly to 6.33.
There is growth.
as can be seen in the above table.
Isn't it the similar to IQGroup's earnings?

See how the most recent earnings TOWERS above the other 3 most recent earnings.
Well, common sense thinking here (err...this is not 100% foolproof and yes, sometimes.... it might fail one.....

)
IF (
big IF hor - and this is what is betting one on ) assuming this turnaround is real...
then it's not logical
that to expect the next couple of earnings to repeat its earlier poor earnings.
complicated?
Take Elsoft (easier to see)
2014 Q2 eps 3.84
2014 Q1 eps 0.68
2013 Q4 eps 1.01
2013 Q3 eps 0.80
the next quarter is 2014 Q3.
it should compare against 2013 Q3, in which Elsoft only had an eps of 0.80 sen.
Using the assumption that we see a real turnaround, Elsoft 'should' possibly record an eps of maybe at least 3.84 sen.
If you replace that 0.80 sen with say 3.8 sen...
we could see a new TTM eps table like this below...
2014 Q3 eps 3.80 <<-->> estimated eps
2014 Q2 eps 3.84
2014 Q1 eps 0.68
2013 Q4 eps 1.01
now if count the TTM, it then becomes 9.33 sen!!!! (the working = 3.8 + 3.84 + 0.68 + 1.01)
see how the TTM jumps?
and if we repeat it 2 more times...
Elsoft PE doesn't appear too expensive, yes?
Same thing...
run it with IQ numbers...
you will see a difference...
which is why ...
for me la.....
Elsoft annualised eps (assuming turnaround is real) = 15.36 sen!!
IQGroup annualised eps (assuming turnaround is real) = 35 sen!!
p/s: Warning: This is just example and not ask you die die buy these 2 stocks!

Ah Boon... the revenue for elsoft and iqgroup is inconsistent.. how can one predict the revenue for upcoming quarters if the revenues are inconsistent?
Elsoft had a contract worth 25 mil which will start to contribute in the earnings from next quarter results.. the latest quarter results is not including the revenue from this contract.. am i right? question is the contract will spread over how many years? how can one find this info? if we have this info and info of contracts expiring, then we can estimate the revenue for coming quarters?
IQGroup annualised eps of 35sen looks good. But can it really achieve that given that the previous quarter it reported a loss?