InvestorsHub Logo
Followers 51
Posts 4564
Boards Moderated 0
Alias Born 12/14/2009

Re: luvhuntin post# 408

Thursday, 02/20/2014 4:41:12 AM

Thursday, February 20, 2014 4:41:12 AM

Post# of 535
Annual EPS on current ORC dividend=44% share price

The company receives 2,120,000 dollars annually on current .18dollar/share monthly dividend from ORC. The company holds 12m outstanding shares (including the issuance of 750,000 shares to the executives for their annual compensation bonus). That means BMNM is able to report an EPS of .02 annually on ORC dividends only!!! Which is 44% of the share price (currently .44dollars/share). Knowing that BMNM management is the same management as ORC, and ORC gives more than 1,000,000 dollar net profit guidance for this quarter, we may believe that BMNM will report profits as well. So X+530,000 dollars this quarter. Seriously undervalued.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BMNM News