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peorge

12/11/06 10:22 AM

#212224 RE: popcorn202 #212219

they will net 000000 because this is just another bs lie from them. imo
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rookinvestor

12/11/06 10:24 AM

#212229 RE: popcorn202 #212219

popcorn.......whatever you do, don't call the company because they could lose the deal, then.
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jerseyboy

12/11/06 10:31 AM

#212241 RE: popcorn202 #212219

From my post 211730:

So let's do some quick math. 8,400,000 tons times $.90 per ton to the company equals $7,560,000. At a forty percent tax rate, ignoring the costs involved in brokering the cement, of which there are certainly some, but probably not at too high a level, this would yield $4,536,000 to the company. Divide that by 500 million shares outstanding, and it yields $.009 per share, which applying a relatively modest P/E of 10 makes the share price $.09 on the strength of this deal alone. Methinks we're a bit undervalued here when you throw in the core results of Sulja/SAM's on top of this.