InvestorsHub Logo
icon url

gnulnx

08/16/07 7:31 AM

#50011 RE: Waverider110 #50008

Can't argue that.

Basically it boils down to this: If the extra shares were used to secure a 6.6B contract then all is well in Kansas. If not...well you no that tune same as me.

the biggest problem a lot of us shareholders have is we have to basically wait until 2008 for "actual" proof in the numbers.

However we should see a lot of aquisitions being made that will support the claims in the contract between now and then. Just for the fun let's take the Komex pt at face value:

"The total value of this five-year agreement as structured is $6.6 billion or $110 million per month.""

110*4 = 440M a quarter. 440*4 = 1.760B a year.

1.76B/2B = eps of 88 cents. With no multiple.

Now having been around this long I like to cut everything in half. That's still 44 cents a share.

PLUS add in the fact that rumor has it there are potentially more contracts to be announced. If we can truly get production up to the capcity needed to fill the Komex deal then I think PBLS will quite simply be one of the biggest players in the inudstry.

Most investments are done based on a future EPS. So looking towards next year it is quit possible that the EPS for 2008 could be well over 10cents. Give that a multpile!

Cheers
icon url

sawdin

08/16/07 8:22 AM

#50019 RE: Waverider110 #50008

A growth multiple for a non-transparent pinky conglomerate... are you sure it's not a negative multiplier? Seriously, I don't think the market is going to use any multiplier at this stage of the game. JMHO