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Phoenix-Rising

04/16/07 9:44 PM

#40196 RE: clarity789 #40194

ill take it, but Im praying for hurricanes....lots of them....
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Sti21

04/16/07 10:28 PM

#40202 RE: clarity789 #40194

yeah, but don't they have stores already? and gonna add 12 more? this seems ultra conservitive.
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mastaflash

04/16/07 10:56 PM

#40204 RE: clarity789 #40194

Don't forget $6M from pirates. .0027 more.
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muneeflo

04/16/07 11:31 PM

#40208 RE: clarity789 #40194

good job.eom
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crooked33

04/16/07 11:33 PM

#40209 RE: clarity789 #40194

I don;t like your P/E of 4 on a company growing as rapidly as this...revenues expected to double in 2007 vs. 2006...I'd use a P/E closer to 15 if I were you..
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Art2Gecko

04/16/07 11:39 PM

#40211 RE: clarity789 #40194

nice summary, but a little conservative. If you look at the eegi 10-q, their net earnings from storm depot is more typically around 41%, not 15%...they plan on having 12 stores operating, not 4, and a p/e of 4 seems a little on the low side, particularly in hurricane season.. but a nice "base projection" to start with..

"If we assume Storm Depot will have 4 locations producing 500k/qtr

(500,000 x 15%) = 75k/qtr = 300k/yr and (300k/yr x 4) = 1.2mil/yr

If we apply a P/E of 4 we get 4.8mill / 1,569,332,036 = .003

THEREFORE....

Projected PPS after the merge/swap is .0016 - .003"