Agree on FSI the vibe is extremely bullish
I know what an opportunity smells like and this smells like a great opportunity. The bread crumbs the company is dropping sure suggest that.
Just taking last years numbers and adding the 7.5 million for ENB gets you close to my number and that doesn't include the florida LLC that they indicated
"FSI's NanoChem subsidiary will be manufacturing products for the LLC and, as a result, expects FSI revenue to increase significantly in 2019."
A more optimistic but not unrealistic revenue estimate could get you to 30 million for the year. Also looked back and I overestimated interest expense. I had thought they were putting up a million cash and borrowing the rest and its actually the opposite. The interest rate is also 5% so add maybe a penny annualized based on lower interest expense than I suggested.
I think we will see individual quarters of .10 eps or more but lets see how margins shake out which is my biggest question mark.
When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.
