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mystiq

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mystiq

Re: Rames post# 22816

Wednesday, 01/06/2010 4:17:08 PM

Wednesday, January 06, 2010 4:17:08 PM

Post# of 94785
CNAM

CDII sold a lot of CNAM shares and may have less than 1 mil shares now.
Glen B likes CNAM a lot. With 7% margin and 350mil revenue, it may earn over 2dollar/sh from recycling only. It requires 1 acre land and has 21 acre land given by the gov and can get more land at discount. They can expand several times than 1 mil tons/yr in next 3-4 yrs. Plant costs 15mil only and banks are willing to lend them because of privileged indu status and less taxes too. IMo
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