Replies to post #44627 on Value Microcaps Motherboard

[researcher59]

rogue: BGH has no accounting irregularities .... it's all legitimate accounting, however they are taking an aggressive approach to revenue recognition. The analyst makes reference to that in the report posted by Cl001 back in April ..... pages 7 to 12 cover BGH, in which he issues a 'speculative buy' rating, a price target of C$3.10 and a Q1 EPS estimate of C$0.04.

http://www.investorshub.com/boards/read_msg.asp?message_id=10842490

However, the analyst evidently didn't anticipate the windfall revenues and profits from the SilverTip acquisition of a year ago .... this is their first profit contribution this past quarter, and it substantially boosted results.

The analyst estimate for EPS of C$0.04 was crushed by the reported EPS of C$0.16 .... I was hoping they could do C$0.06+ !