Replies to post #733 on Dixie Lee International Industries, Inc. (DLII)

[lefty18]

Let's see, 450 stores, $1,000,000 per store 6% from each store...add the Canadian stores we'll round it off to 500 across North America. That's $30 million in net profits... a PE of 20 gets us 600 million.

If they add only 10 million new shares that gets us a stock price of $60.00 per share. They plan to add 100 stores a year, so in 4 years I double my investment.

Does that sound about right to everybody?:)

Oh wait, taxes make it only $15 million in net profits, so now I'm down to breaking even in four years, unless they double the PE.