Ok let's say they have revenue of 100m. And after all is said and done, 10% is pure profits for earnings of 10m for the last fiscal year. Now take the current O/S of 140m or so and factor in a conservative P/E ratio of 10./
That comes out to 1.40 a share. I believe that their profits after expenses are quite abit higher than that 10m some speak of. After I divided up the proceedings to shareholders I would have to ask myself, is it worth it? AS a ceo I would want to make more than 10m profits in a year!
Regardless of whether some one says it is 10m or 50m the one thing we can probably all agree on is this./ That the longer time goes by, the more profits they will make because things like tooling, factories, and advertising will not be as great expenses like they might be now! I would say that if the tooling in the factory is paid off, the profits would exeed 10m considerably IMO. Mr. TrendGreen
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