Xentel (XDM.v) 2008 results



• revenues were 96M$
• profitable, net earnings +1.5M$ or +.06$/share
• currently trading at 1.5x EPS
• gross margin 24%, up from 20% last year
• the company will pay .02$/share dividend (shareholder as as of may 14th 2009, payable may 29th 2009), for a whopping 22.2% return on today's share price of .09$/share
• share buyback in force, insiders have been buying as well


Please tell me where you can find in the financial crisis, a penny stock on the venture exchange trading at an EPS ratio of 1.5x... that will pay 22% dividend on top of it?