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GeorgeSLC

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GeorgeSLC

Re: PMS Girl post# 1558

Tuesday, 05/20/2008 11:27:02 AM

Tuesday, May 20, 2008 11:27:02 AM

Post# of 2746
They are making a fanatastic margin of 50% on this waste recycling business. They have been able to get 6 units up and running inthe last year or two. Now that they are generating profits I do not see why they cannot really expand. This is not a complicated business. I like what is happening. Keep in mind that prices for recycled plastic have a direct relationship to oil prices which have gone up 5X in the same time period. The chinese yuan also makes the revenue in dollars look good
G
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