InvestorsHub Logo
Followers 33
Posts 1883
Boards Moderated 0
Alias Born 10/19/2007

Re: sliverbullet post# 228

Monday, 04/07/2008 3:47:16 PM

Monday, April 07, 2008 3:47:16 PM

Post# of 2594
I'll be honest, when I thought Asia Forging Supply might actually own those factories throughout China, Taiwan, and Korea, I was really excited and having visions of 14 to heck maybe even 26 dollars a share someday.

Knowing now they are a "prime contractor" for those factories, and own the Detroit International Auto Salon building, I have more realistic expectation now, much like I had in the beginning. I am thinking 3 to maybe 4 dollars down the road, post split and merger, and with some time for their actual revenue to meet those projections. Maybe I am completely wrong and completely missing something here and my expectations are too low, (hopefully not to high anyway lol) but 3 to 4 down the road a bit after the merger, if those revenue forecasts are correct, is still better then where we are now.

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.