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Friday, April 04, 2008 9:21:09 AM
So would it be safe to assume the company employs at least 75 people full time? Is that reasonable? 229 products under five brand names in how many stores? Not saying Im a brainiac or anything but lets take a look at what 75 full time employees including the Bell Buckle family, administration support, manufacturing, warehousing, shipping at lets say a salary of just $2000.00 per month each.
75 times $2000. monthly is 150,000 per month or 1.8M in salaries. Seems to me if the company is pulling enough to post profits we are already doing over 5M per year in sales?
Someone more familiar with food production and sales of product should be able to give us a rough amount for current monthly sales?
Just inviting discussion and speculation while waiting for a pr.
Also, maybe a little speculation on what hard asset value is worth per share, buildings, land, manufacturing equipment, warehousing equipment, trucks etc.
have a little fun today mulling this over. I have no idea on what profit margins would be on these products, but the general idea is that our shares are hugely undervalued. But how much?
Have fun. Penn.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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