InvestorsHub Logo
icon url

cmg

01/29/07 8:16 AM

#31072 RE: WinningTrade #31071

my guess if those shares ever do come to market it will be after this goes to a higher ex. or the share prices go up a lot higher then they are why sell them now.....
icon url

cappttenron

01/29/07 8:27 AM

#31073 RE: WinningTrade #31071

Hello MR TG
I like your response but these mufflers are stainless. Being a boat owner in a saltwater enviornment everything made of quality stainlees steel is very expensive. There are many levels of quality in stainless but even a bolt that made of quality stainless is about 5 times the price of galvanized. Maybe another poster has more info on this. I would think his estimate of 10% margin is very low and yours a bit high.
Typically a good margin in the chip maker market is 45%.

Thanks for all you DD in the past
icon url

LOL

01/29/07 2:06 PM

#31381 RE: WinningTrade #31071

Yes 10% profits! Do you know how EPS is computed, it's not gross profit, LOL. How much do you think Nascar sponsorship costs? What percentage of the sales does Rockford Montgomery labs get. Take the profit from the pipes, and subtract all the costs, NASCAR, Rockford, rent, salaries, ect...,then tell me how much profit to use in the EPS, my guess is 10% of the sales, and when you see the financials I'm sure i'll be pretty close, unless they get NASCAR sponsorship for free, NOT!!!