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Wednesday, January 05, 2005 5:44:58 AM
Example: Cetek Technologies Ltd. makes $ 4000.000,- profit in 2005. In this scenario the profit per share should be approx. $ 0,001 and than the pps should be $ 0,01 at a minimum. With this example I just want to say that Hilal doesn't need to buy back and cancel shares to improve the price per share. He just needs to increase production, sales, revenues and profits!
Promised: Cetek should be buying back 500 million shares -as promised-. At the current PPS this would take Cetek approx. $ 900.000,- to accomplish. But we know that Hilal needs (this?) money to increase the production-capacity. This is probably Hilal's problem: Selling "no" to customers, because the capacity is insufficient? Or selling "no 500 million buy-back" to the shareholders? As a matter of fact, there was never a time-line for the buy-back. Cetek can also do this in a ten year period. (for example)
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Good luck,
Ceteksevenmillion
Cetek Technologies, Excellence in ceramics.
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