James Monroe Capital Corp (JMON)

[flantonio2005]

I only see one problem with them owning ethanol plants.

none of them make any money........ none.....

right now is earning season and i read just about every earnings report that comes out with the people of my staff but i have jet to fine one ethanol company that produces anything but debt....

if they manufacture them and sell them or just build them for others now thats another story.....


there are even companies like adm who supply ethanol companies with corn in the us (to make ethanol) or sugar in brazil but still only made .62 per share this qtr trades about 40 times earnings......


all im saying i have yet to find an ethanol company that can make great earnings and low p/e jmcp has several projects and there building and selling these pants not just owning them.