InvestorsHub Logo
Followers 117
Posts 3022
Boards Moderated 0
Alias Born 08/22/2011

Re: None

Wednesday, 04/18/2012 12:01:37 PM

Wednesday, April 18, 2012 12:01:37 PM

Post# of 2347642
Perla Group (PERL) Acquisition Could Double Revenues to $6 Million Annually
By: staff reporter, John Bodger

(NEW YORK)--Perla Group International Inc. (Pink:PERL), a leader in the international military, reported strong revenues, and net profit for their fiscal 2011 financial period, and projects revenues could double on new aviation acquisition.
For the year ending Dec. 31, 2011, the company reported total revenues of $3,126,708, and net income profit of $361,373, and reported it was cash-flow positive at the end of the fiscal year.

As of March 2012, the Company had a current estimate of 224 million shares issued and outstanding, thus giving PERL an projected trailing 2011 EPS of around $0.0016 per share.

2012 Guidance

In their earnings release, the Company commented, "The Company is pleased with the contracts signed during this period, and believes 2012 will pave the way for increased revenues across all divisions, particularly in the areas of Armored Vehicles and Aviation Sales and Services. To this end, we can report that we are in the final stages of negotiations to acquire a US based company in the area of aviation services that will most likely increase the existing company revenue to over $6Mill."

The Company just recently announced a $665,000 armored car contract for the month of Feb, and is set to see even higher revenues from their aviation division, which recently closed a $1.8 million contract with a luxury Yacht company.

Shares Outstanding Reduced

The Company recently reduced its outstanding shares from 484 million to a current estimate of 224 million shares, which is represented by 2582 shareholders.

With an EPS for 2011 around $0.0016, a forward PE valuation of 20 would still give PERL a projected fair value of $0.03 to $0.04 per share, or 200% to 300% from current trading levels. Now giving the Company is in the final stages of a potential aviation acquisition that could double annual revenues to $6 million+, the company may be attracting long-term value players as this story is just starting to unfold.

Profile on PERL at http://www.wallstreetnewscast.com/profile/perl.html
Join InvestorsHub

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.