SwingTrade Member Forum

[littlejohn]

Buzz, I know you did not ask me but my conservative estimate is to work from .18/share and a 10 p/e as a basis to hold from...The company turned top line revenue into roughly 12% net profit in the quarter last year from the hurricane business...Their contract backlog was stated as $7 million before they recieved the now twice upward revised $60 million contract...67 million at 12% over the current quarter and into the next added with minimal losses over the last 2 quarters and about 48 million o/s...The last 2 quarters were used to set up their preparedness for the current hurricane season and should add some to profitabilty...So about 1.80 plus who knows what can be added...BTW, 80% of the first 20 million of the contract were completed as of earlier this week based on their pr...Of course, all this is pure de speculation on my part...LJ