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Shamantiks

10/31/06 2:51 PM

#283 RE: youroldfriendj #282

Ok, I crunched some numbers. Of course RS is bad news, but I calculate that the new shares will be worth $30.50 each, and at .10 per share of POFG, this is a 3-4 bagger. At .05, it is a 6-8 bagger. Follow along...

110 Million currently held shares POFG/80RS = 1.375 million new shares

Amstar = add 17.7 million privately held shares to reach 19M new shares total.

$58 Million profit/19 million new shares = $3.05 EPS, and with a PE of 10 = $30.50 per share value

So... tracking a $1,000 investment in POFG at .10 per share (10,000 shares):

10,000 shares / 80 RS = 125 new shares

125 x $30.50 = $3,812

So your $1,000 investment at .10 per share of POFG will be worth $3,812 in Amstar, a 3-4 bagger for a 1 month hold.