Tuesday, October 11, 2005 10:02:24 AM
1 time estimate EPS is unbeleivable (Market seems to only accept it at 10% (PPS of $1 instead of the $10 claimed to be justified by fundamentals).
Obviously, right or wrong, the market still doesn't beleive Matin who, for whatever reason, cannot afford to "normalize" the situation of a presumably great situation.
I keep suspecting that the explanation of this "mistery" resides in Bengladesh and is probably related to the ownership of this part of the business.
This being said, it's still a nice "speculation". Very likely not a pure scam (low risk), may offer a high return potential.
Would be nice to live close to the company. I certainly would try to learn more by visiting Matin personnally and discussing with employees.
We shall see (one of these days, weeks, months, hopefully not years) ???
Patiently,
Roger
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