Replies to post #183 on Boston Carriers Inc. (fka BSTN)

[sweetpepperjam]

YW Chris... I'm very pleased with the share structure...

And I think Rig is right on here:

Posted by: RIGATONI
In reply to: None Date:8/18/2007 6:20:17 PM
Post #of 183

Let's Speculate based on the article from 2001 with a 25% growth rate...

http://findarticles.com/p/articles/mi_m0EIN/is_2001_Dec_4/ai_80528191

2002 2.8 mill
2003 3.5 mill
2004 4.4 mill
2005 5.4 mill
2006 6.8 mill
2007 8.5 mill

let's use 20% profit margin for 2007 numbers which is 1.7 mill and use the 43 mill o/s thats floating around.

Guessing .04 per share profit with just a 10 PE gets us .40 share price.I think we should see more like a 20 PE based on others stocks in the same sector I found.

Check my numbers, threw this together quick.


~Rig