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Golfpd

02/06/24 8:04 AM

#76848 RE: shotsky #76847

I agree with you. I think a 1 to 2% net profit margin is a more sane outlook for their revuenues from commodities.
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learningthetruth

02/06/24 8:39 AM

#76853 RE: shotsky #76847

Nope, you are wrong once again.....

Been stated by the company several times...net profit is 18%.

Those are the Facts and the Truth.
Bullish
Bullish
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snow

02/06/24 9:32 AM

#76859 RE: shotsky #76847

shotsky I generally agree with your post. I once ventured the possibility of a profit margin of about 2% as a mere guess. One reason why I expect it to be low is that normally the profit margin decreases when the volume of a deal increases. But I am open to thepossibility that it may be somewhat higher. If revenues of 2.5 billion dollars are generated this year net profits would be 50 million dollars. A modest p/e ratio of 10 would lead to a market cap of 500 million dollars or about 8 cents per share, or more than 10 times the current pps.