NNRF Inc (NNRI)

[GIBBER]

If they do 1B dollars worth of sales that is questionable but lets say they do. I talked with some one close to the operation today and it was not Iceman. He did not deny that it could be possible. They have 6-8 more acquistions coming if true - most of the growth will come from them. They should if all goes well have close to 200M soon from investors. If all of this is true - that is if - but when you talk to these guys that are in the company you get the feeling it can be done. Last quarter they did 26% profit margin with ATOLL. One of the people close to the operation a couple of months ago stated some programs have as high has 50% margins. Lets take 20% margin to be conservative. 20% times 1B = $200M. Take 80% X 200M = $160M (that is to factor that the ATOLL profits are split & use 80% to average out this fact and that the other business will be 100% profit) You have 160M divide it by 50M shares (about 37M float now) that $3.20 per share X 20 pe = $64 share price.
I am trying to be conservative.Please comment and give me your thought. I don't believe it will be 100-150 as the Iceman has said. I was told by someone close to the company back a couple of months ago that Russian stocks trade at twice the PEs we do here. If the stock goes on the Russian exchage then we will see if this is true. That would make it a higher price. How do you think Russia has so many millionaire and billionaires. The gov't takes care of their cronnies through deals like this. So if the gov't does buy it out like they did with most of Gazprom don't you think their are going to be a lot of millionaires. The Russians make are gov't people and cronnies look like amateurs. Please comment.
I am still trying to find out what the price was for Gazprom before the Russian gov't bought out 50% of the company. Research on that deal might help to see where this stock might go. I need help for that research. I cannot find that price a year before the Russian gov't bought into Gazprom