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Alias Born 05/14/2011

Re: dmiller post# 188

Sunday, 05/15/2011 7:30:08 AM

Sunday, May 15, 2011 7:30:08 AM

Post# of 339
Dmiller - I've tried to reply but the board seems to want to delete my postings.

Where to begin.

1) SWSH is profitable and will show that Monday. I was at the meeting two weeks ago in which Steve said the following:

Expects revenue for this year to come in over 200 million, and next year over 300 million.

He expects EBITA (profit in case you didnt know..gotta assume that with your postings) margin to come in between 10 to 18 percent.

I think ECO trades at a PE of plus 20. Lets say SWSH earns 10% (low end) next year and trades at a 30 multiple, its fairly priced in the 6-7 dollar range...i happen to think the 30 is low, and 10% is conservative.

2) So lets see, your function for acquisitions is what, not buy using stock, or cash? I dont get how using 50/50 split is a bad thing...here is how acquisitions work:

Company A (target):
Revenue: 100
Direct Cost: 50
Indirect Cost (IE Overhead): 45
Profit: 5

Well, if i can buy this company, and eliminate their Indirect Cost through the infrastructure I already have in place to make:

Revenue: 100, Direct Cost 50, Indirect Cost 30, Profit 20. I buy Company A if they will sell it to me based on earning closer to 5, whether i pay cash, stock i dont care, Its adds value to my market cap.


3) so other than you and SOB, and Melissa Davis bringing up all news on how Berrad use to do this, and how Wayne use to do that, or how some how acquiring company's is a failed business model. And that show how you guys are privy to the financials of the companies they are acquiring you same the same stuff over and over again. You dont even hold a short position, so why do you waste your time on this board?
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