Replies to post #20008 on Global Diamond Exchange, Inc. (GBDX)

[RonnieD]

I would speculate with reason that 2007 revenues will be 50-75 million, so let's go with 60m. It could be higher with acquisition/additional office locations. Based upon the strength and favorability GBDX experiences with the JV partner Diamond Certificate, let's estimate profit margin at 200% markup above raw cost, less other expenses 100%.
So of 60m revs, 30m profit.
425m shares, let's say they reduce to 375. 375m shs / 30m net profit makes for EPS 2007 of .08/sh. pe multiple only 5 because new, and we have a .40 stock, for 50 bags from this level.

go global.