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Thursday, August 25, 2016 11:29:38 AM
If we do 30M and net profit 13% they should make 4M.
PE of 30= Market cap of 120M= 2.50 a share.
Relax all, it's down hill from here. Stewart has spent all his time building
a profitable company. KEI has had nothing to sell.
Insiders have 50% and are more vested in this outcome than anyone.
Their salaries are consistent and fair (my memory is Stewart is tops at 270k),
they haven't sold a share, their worst sin is using their 50% share to avoid
meaningless elections. I had no problem with them lending the money to company
at fair and reasonable rates.
It's all good. We should be sitting pretty by the new years.
Build it and they will come.
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