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Bobwins

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Bobwins

Re: Traderfan post# 14119

Friday, 01/17/2014 2:50:21 PM

Friday, January 17, 2014 2:50:21 PM

Post# of 17741
Keith Schaefer came out with a note on PEIX today.

Said bullish scenario would be 160million gallons/yr at .60 corn crush spread less $15million for SG&A and Interest and you get net profits of $5/share. Figures low multiple of 5-7 because PEIX is the smallest pure ethanol play. That's a bullish estimate of $25 to $35 for share price in a year.

I'm betting he's in the ballpark.

I think company will announce 4th refinery will be reactivated at $6 to 10million cost in late summer 2014. That will boost production by another 40 million gallons. They are already advertising for supervisors/employees.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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