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Random thought on P/E
If the company makes just $1 million in profit, they would currently have a P/E of 7.75. (We're talking actual profit here, not revenue which should be $5,000,000+).
Will they make $1 million in actual profit this year? I would bet on it, or atleast $250,000+ in the 3rd and 4th quarters as the caskets start going into high gear. By the time 2008 rolls around, the profit margin rich caskets will be rolling off the production lines and revenues/profits will be soaring.
Throw in a stock buy-back with these profits, and this company should be trading at atleast 0.10 within 18-24 months (30-bagger).
Buy & Hold this puppy. Don't stress and panic about the ups and downs from the flippers. If you bought yesterday and didn't check the stock price until 2008 or 2009, you will be stunned at what your brokerage account looks like.
This stock is embarrassing.
5.3m Debt vs $280k Cash.
Maybe when the outstanding shares go above 10 billion, some of you longs will wake up. Keep on lining James Turek's pockets with your money.
Just honest due diligence.
Eternal Image has hired James Robert Parliament as its first chief financial officer. Parliament joins the casket and urn designer after serving as a senior solutions architect and project manager at Ford. He has also worked at IBM, Roadway Logistics Systems, and Metropolitan Life Insurance Co.
http://www.cfo.com/article.cfm/8103892/c_2984403?f=singlepage
I think it's a little crazy too.. I would prefer the money being spent on a stock buy-back and securing key licenses.
They didn't start selling any product until December.
Yep Green.. it's a huge industry that's only going to get bigger and keep growing over the next 10-20 years.
It's an industry for the first time is getting a novel, make-sense approach to it
I believe that because there is so much fraud in the pink sheet markets, it's what's keeping us down.
When we bust into OTC BB and the real potential of this company starts showing up on the balance sheets, this stock is just going to bust out of this sub-penny area.
OTC BB + Increased Sales + Increased Licensing/Products + Company Share Buyback + More Buzz.
The idea of these designer and brand name caskets and urns is so uniquie, there will surely be more "free publicity" coming from the news networks once more licensing agreements are announced (such as the NFL).
My bad.. Getting all these PRs mixed up.
Yes Cat Fanciers Assoc. urns are "currently in the design and development phase"
What is absolutely mind-boggling on these sales numbers..
Eternal Image has absolutely TWO PRODUCT LINES available for purchase at this moment.
1 Vatican Library urn (L'Italiano Classico). The other one (which I think is even nicer) isn't even on sale yet. The Vatican Library caskets (beautiful) aren't available yet either!
The other product line is the American Kennel Club urn.
So from exactly two products, they are exceeding revenue expectations!
In the Pipeline:
* 8 Major League Baseball urns will be available later this March. 12 more will be added later this year. The remaining 10 will be added in 2008. MLB caskets will be availabe this fall.
* The Vatican Library caskets will be available in the Summer.
* The first Precious Moments urn will be selling in July. The first Precious Moments casket will be selling in the fall.
* Tooling on the Cat Fanciers' Association urns is just getting underway. They will be available later this year.
We are having ball-busting sales on exactly TWO PRODUCTS and even best of all, HARDLY ANYBODY KNOWS ABOUT THESE GUYS YET (I would guess less than 1% country knows Eternal Image exists!)
We're sitting on a gold mine.
Current Market Cap $7.33 million.
It's quite possible ETIM might do that much in sales this year alone. Throw in the combination of the company buying back shares.
We're sitting on a gold mine.
The Vatican Library urns really are beautiful. They will have broad appeal to many many people.
Whoops..
:).
This is honestly a 1 in 1000 pink sheet company though.
You won't find too many like this.. The only negative aspect is the large shares.. But business is going to be doing so well, and the company management appears very competant.. It will all get taken care of.
Prediction...
March High = 0.0075
April High = 0.0090
May High = 0.011
June High = 0.013
July High = 0.016
August High = 0.19
September High = 0.021
October High = 0.023
November High = 0.025
December HIgh = 0.028
Market Cap around $65-70 million.
We'll be pushing towards 3 cents by the end of the year. Remember, lot of shares floating yet, going to need real news to push this baby. When we get up around 1 cent, it's going to be much more expensive for people to buy the millions of shares we are holding. It's GOING TO HAPPEN, but just need to be patient and hang in there.
Combination of current sales, increased product line/future growth prospects, and the company buying back shares.. That's what's going to push this baby.
The company has forecasted sales of $3.1 million in December. There estimates have already been bumped off the ground and the company is still in its infancy. Less than 1% of the nation knows what's going on here with these funeral products.. Word is spreading fast..
I honestly think this company is heading towards $6m-$8m in sales this year.. With possibilities of over $10m+.. The growth potential is just absolutely monsterous.
When your in a solid company like this, I wouldn't want to be on the sidelines between 4pm Friday and 9:30am Monday.
Re: 32% Higher Income than forecast
ETIM forecasted $3.1m in sales this year.
They now state they are 32% higher for February. If they were off exactly the same for each month, that would be $4.1m in sales. However, you must apply exponential growth to their forecast! If they were 32% short of February sales estimates, then they drastically underestimated the demand for there products.
We may end up seeing $6m-$8m in revenue this year.
Those getting jittery just need to relax.
These penny stocks will run on announced PR and expected PR. This company has been rolling out steady PRs since January.
We can probably expect atleast 2 or 3 announcements next week as well. THE STOCK WILL RUN!
We can expect 2 or 3 announcement the week after that. THE STOCK WILL RUN!
Chatter will increase surrounding this companies novel products. There will be more chatter about the Major League Baseball line come April. There will probably be more news reports like the one CBS did. THE STOCK WILL RUN!
They are announcing their growth numbers each and every month. THE STOCK WILL RUN!
They will be posting their full quarter results sometime after the end of the quarter. THE STOCK WILL RUN!
There will be a move to OTC BB sometime this year.. THE STOCK WILL RUN!!
The Company has a share buyback program in place.. Pressure is on the upside here... THE STOCK WILL RUN!!
There's more potential licensing agreements out there.. The monster one is the National Football League (NFL) and when that is secured, THE STOCK WILL RUN!!
There is so much fuel surrounding this company here that's just waiting to be set on fire. All you have to do is be patient, and if you have the extra money, buy on these dips we were gifted.
THIS STOCK IS GOING TO RUN!!!
.0027x.0028 EOD run coming?!?
Top100Prospect.. Perhaps management is buying back these shares on these dips.
They don't have a ton of cash on hand yet, but maybe they can knock a few million off here or there. Get some of the shares out of the markets and away from the MMs and flippers.
Perfect opportunity for Clint to start buying back some shares..
How does the funeral industry do?
Here's some financial data from one of the largest casket sellers in the country.
http://hb.client.shareholder.com/releasedetail.cfm?ReleaseID=216131
Batesville Casket Company was purchased in 1906 under Mr. Hillenbrand's leadership and has grown to be a leading manufacturer and supplier of burial caskets, cremation products and related services to licensed funeral homes. Batesville Casket Company employs more than 3,400 people at numerous manufacturing, sales and distribution facilities throughout North America. In 2005, Batesville Casket's revenues exceeded $659 million.
If ETIM just gets a small share of that, and I suspect they are on the verge of getting a very solid chunk of that.. This stock will be trading at .08-.10 and we'll all be lighting cuban cigars with $100 bills.
Regarding the International distribution.. It would be great if ETIM secured licensing rights to the images of some of the famous soccer clubs around the world. I've attended a few matches in Europe. The supporters of these clubs are extremely passionate and dedicated. Much more so than most fans of American sports teams.
Massive positions being taken at 0.0033..
Well over 15m traded last few minutes at those levels.
Only concern with this stock is how management is going to handle investors. They need to stop issueing new shares if this sucker is going to fly. Also would be nice if they came out and dispelled any notion of a reverse split.
I am long on this stock.. Just 800,000 shares for now at 0.0027. Will be looking to add more if this young CEO can remain forward with investors.
At current share levels, I believe this should be trading at atleast 0.01.. perhaps as much as 0.015.. But these guys gotta draw the line in the sand with these outstanding shares.
Would love to see this baby start turning profit, have management start a share buy-back program, and watch this sucker FLY OFF, and we can all stick away $80,000-$100,000 each away on this beauty.