InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,922.31
(
0.05%
)
Post# of 2594
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

NHPIPIXiPY$26

Send PM Follow Ignore
Followers 33
Posts 1883
Boards Moderated 0
Alias Born 10/19/2007

NHPIPIXiPY$26

Re: RingDaBell post# 102

Tuesday, 03/25/2008 5:47:51 PM

Tuesday, March 25, 2008 5:47:51 PM

Post# of 2594
They are issuing 80 or so million additional shares after the split to match the structure of the forging company they are merging with. According to Componus's Asia Forging website, their projected sales revenue for 2008 is around 66 million USD, and 165 million for 2009. If those sales and growth rate projections are the real deal, then that would leave plenty of room for share price and market cap increase even with the additional outstanding shares being added as a result of the merger. My opinion anyway
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up