Replies to post #7487 on Alloy Steel Inc. (fka AYSI)

[passodoble]

equity increased by 1.58 M but operational earning is 522K

[Swick984]

Wow, great work! Earnings are actually much better than I was expecting! If you remove the exchange rate loss, earnings were actually above .03 per share. Cash is up to $0.76 per share and including the real estate assets, its $0.99 per share! So, at $1.08, we're basically paying $0.10 for assets that produce greater than $.03 per share in earnings a quarter...