InvestorsHub Logo
Followers 82
Posts 2822
Boards Moderated 0
Alias Born 05/05/2006

Re: None

Tuesday, 06/06/2006 1:23:46 PM

Tuesday, June 06, 2006 1:23:46 PM

Post# of 19308
BAWC Sales TRIPLING 7 MM float $.11
BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46

Assuming the same rate of growth occurs for June, BAWC will triple sales to close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns $550,000 profit or $.03 per share.
(BAWC recently announced selling and administrative expenses will be reduced with its move of offices to Hong Kong).

With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Assuming that BAWC conservatively earns $.10 for the year and applying a conservative 15 PE, BAWC could very easily be a $1.50 stock.

2)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.