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We should attempt to put together some assumptions on future earnings. We have a general idea of the tv subscription revenue stream, but does anybody have an intelligent guess on the mobile revenues (fee's, potential base, etc.). Any help would be appreciated. Lets try to see how much potential juice this baby might really have.
Good enough for me. I'll tell you what...at RU's IHub party, i'll buy you a shot. Something tells me i'll be able to afford it after this summer
The worse than bashing part, but i think we've wasted too much of the boards time on this already. Lets hug and make up
I agree with you as well in that I don't have sympathy for them either. I just don't see how it helps the stock at all, which is my only concern
Glad to see a moderator on this board does not fully support ethical behavior from its member base, who happen to be a large % of the shareholder base.
Yeah, i'm worse than a basher for being realistic. Unreal how if you're not caught up in the blind hysteria of love right now, you are bashing. I am not saying anything bad about the stock, but just worried about other investors perception of it and about people here acting responsibly with what they post. What about that is difficult to understand?
Yolo - I agree, but am just worried about the countless number of newbie investors that sometimes take what is said on this board as gospel. That is why I am hesitant to say things like "This will run up to .003 by Friday..IMO". People think that putting IMO makes it ok.
The overdone hype over the weekend has given some the appearance that today has been a let down. That is why we have to curtail the over-bullish PPS projections. They do nothing for the good of this board, or this stock.
Zoofire, after that post you are my hero!
pimpin - Agree 100%. I'm always against the PPS predictions that take place on this board once the smell of news is in the air. Spouting such things only bleeds our credibility as a board from new investors visiting. Optimism is one thing, but over-aggressive forecasting is another
Yes, lets all scammer to get cheap shares and hold her down more. That is the ticket
Rob - I agree. Would be nice to see us lose the .000's
I'd rather have 20% increases per day, than one huge increase....more sustainable
Why anybody would bid the price down is beyond me
For the love of god, can we please stop putting short-term PPS expectations on this stock. This only leads to dissapointment. Take this recent positive news for what it is, a great sign that BKMP will one day be potentially in the pennies +. However, to say that this week will see x % increase is irresponsible on an investing board where some people are dumping in significant capital.
tell them to stop
We are holding ourselves back with our bid
Guess nobody is interested in our potential valuation. Nice
Again, this is just a valuation based off of the subscriber revenue. I can't even begin to forecast the ancillary streams, but imagine they would exceed the subscriber revenue.
The following is an updated PPS calc based off of some assumptions. My subscriber base by continent is a complete guess. If anybody can offer some more realistic numbers, please advise:
TFN
CA Subscribers 5,000,000
US Subscribers 7,500,000
UK Subscribers 5,000,000
Total Subscribers 17,500,000
Annual Fee @ 2.95 p month 35.4
Subscriber Revenue $619,500,000
Expense @ 70% of Op. Rev $433,650,000
Drop thru Income $185,850,000
Blackout Media Minority Interest $37,170,000
Outstanding Shares 9,500,000,000
EPS 0.00391
Est. PPS (x'er of 12) $0.0470
Could be. Not sure what to make of this one. Bayonne, NJ here....welcome my NJ brotheran
Actually, let me take back my last post. I just revisited the site, and if you look directly above those banner links, they have included the following text: "If your cable/satellite provider does not carry The Fight Network, you can browse below for their contact information and Request it today!". It just may be a link to providers. If that is the case, they did a poor job of communicating and have confused investors / customers.
I see your point, but don't forget that these marketing folks spend hours sometimes debating over the meaning of one or two words and how they will be perceived. The wording they use on the UK banner leads me to believe that they are trying to say we have US carriage and are working on UK now. Just my opinion
Racer - I haven't heard anything regarding share structure from Sandy.
Like i've said before, we must stop watching the day to day price movements, or lack there of, and growing impatient. Things will shake out soon enough.
JIM - Don't see why you are discouraged. IMO, if you were high on this stock three months ago, there should be no reason to change your opinion now. The one and only reason this stock will soar is the success of TFN. There has been nothing said or done to suggest that they are not attempting to break into the U.S. market. I've only grown more comfortable in the past two months. I've stopped putting a timer on this one, and am just waiting patiently for the pieces to fall into place. Waiting another 2 months, or hell even another year, for the types of returns we are anticipating is nothing.
"specialty" is a little different. Still good though
If we can find some support to validate that, I will double my position in a heartbeat
mimurray- Probably the best post I have read in a while. You hit the nail on the head
Racerxxx- Once again, he was speaking in general terms and led me to infer most of what I have said. And believe me, any CEO would have a communication with somebody who in conjunction with partners, has a few % point stake in the company.
Racerxx - You sound exactly like a bitter flipper who grows impatient by the minute.
First of all, I stated throughout my posts that these were my opinions based off of how I interpreted his response (HOW I INTERPRETED HIS RESPONSES!! IS THAT CLEAR ENOUGH). Secondly, i've been involved with several other larger companies where you can get a direct response from their officers if you ask the right questions. To bash Sandy for responding to some shareholders is just assanine. I'm guessing you wouldn't get a response because you sound irrational and demanding.
Most importantly, the level of disclosure for a pink sheet stock is much more than the norm here. So please stop crying and demanding Sandy to tell what color socks he is wearing everyday.
And another idiotic part of that post is how you ended it with "beware of who you listen to". Did you read my posts??? I clearly stated that anybody who says this is a lock has another agenda, and that this thing has a long way to go before realizing its potential. Who the hell am I trying to fool with that?
Just another flipper who is throwing a tantrum because he didn't get his 5000000% return in twelve minutes. It is posts like yours that make me stop coming to boards like these.
Mike - Like I have said before, as investors we can only make decisions based of the information we are able to obtain thru dd. Contract negotiations are, and have been, ongoing, and I would be surprised if they lasted beyond the next 60 days. That is why I said the next two months.
Your guess of .0005 in October seems very conservative and would mean that our current environment wouldn't change much in the next five months. I'm guessing you believe that nothing significant will be announced during that time span. I've said several emails ago what I believe the target PPS to be by year end. I based my estimates off of revenue projections of Canadian and US subscribers. I'd be happy to post those numbers if your interested in scrutinizing them.
seren - I've had some email communications with him, and his last response was pretty lengthy. He was mainly concerned with shareholders becoming impatient with the amount of time it is taking the US deals to get done. His language led me to believe that these deals were getting complex, and he actually made reference to the fact that such negotiations are not to be made without proper DD from both sides. There was no time-frame given, as that would be divulging way too much information, but the general overtone was "longs will be rewarded". Hope this helps.
Rasica - Very well put! The pieces are in place, but their are multiple outcomes possible depending on how the decisions that Garrow makes in the coming two months.
Rasica- We are on the same page here. I still think this one runs before the summer is up though. Mgmt knows that the timing is perfect for TFN to hit U.S. airwaves and I suspect that they are working feverishly to get this deal done. The last communication I had with Sandy left the taste in my mouth that the deals were getting complex, but that also means they are getting done. That was four weeks ago. And in two weeks we have UFC 60 taking place with one of the most hyped matches of all time (hughes vs Gracie), so MMA will be in the spotlight towards month end. Timing is crucial.
IMO, this has potential to be valued at between .01 and .04 before 2006 is up, based on our minority interest of CONSERVATIVE revenue projections for TFN (difficult to predict their ancillary revenue streams other than Subscriptions and PPV, as well as their cost structure / margins). However, that is assuming that O/S isn't much higher than we think. Also, a stocks true valuation at these levels isn't always met, and is sometimes blown past. So we shall see. Anybody who says this is a can't miss is just creating hype, as nothing is a sure play down here. But this has enough potential to tie up capital for six months and take a shot. GLTA
That is actually good news....good sign of going mainstream.
However, to everyone who is watching L2 each afternoon, this stock will not move more than one uptick either way until we get the us carrier, an XM deal or solid financials reported. Until then, we sit and wait.
I would have to believe that Sandy is waiting for the buyback to be complete before issuing a big PR. If he plans on buying back 1B shares, it would cost him roughly $200K at these levels ($.0002), but over $1M at just $.001.
I believe you are correct
These are outdated WWF financials by six years, but still interesting. Not a pure play, but very comparable.
Annual Financials for World Wrestling Entmt Inc Fiscal Year-End:04/30
All amounts in 2000
millions except per share amounts.
30-Apr-01
Net Sales 456
Cost Of Goods Sold 258.1
Gross Profit 197.9
SG and A Expenses 105
R and D Expenditures -
Depreciation and Amortization 7.2
Income Before Depreciation and Amortization 92.9
Interest Expense 0.9
Investment Gains (Losses) -
Total Operating Expenses 113.1
Non-Operating Income 15.2
Other Income -
Income Before Tax 100
Provision For Income Taxes 37.1
Income After Tax 62.9
Minority Interest -
Net Income Before Extra Items 62.9
Extra Items Discontinued Operations -46.9
Net Income 16
EBITDA Margin 20%
WOW!!!!!!!!!!
I'll rephrase then to "J.F. Kennedy" if that is more acceptable to Mike