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zerohedge

11/16/17 11:00 AM

#124030 RE: Asbjorn #124029

ask solly solly so solly - he's been MASSIVELY TROOOOOTHFULLLL FOR YEARS so you should just buy the whole deal hook line and sinker. its a financial death wish.
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RealDutch

11/16/17 11:07 AM

#124031 RE: Asbjorn #124029

They are doing an average of close to $1.8M net profit per quarter based on SIAF's 23.89% stake. Q3 came in a bit below, at $1.3M.

So that's $30M annually for TRW as a whole for 2017.

Multiply by 3 if gross margin is 33%. Gives $90M in revenue. Divided by $10/kg gives 9,000MT for 2017.

Q4 could be in line, close to $1.8M but higher than Q3. But that's a guesstimate.