Replies to post #376 on Corporate Management Solutions, Inc. (fka YDGE)

[fromtheuk]

Not sure you can really apply a PE to a one of deal, however there were some items you left off

Income / Value of the mine (10m resale value guessed)
Value of the remaining property (2.5m)
Possible valuation of the Recycling centre (1.5m)

+ about 3m cash - 0m debt(Assuming it's all cleared)

= 17m of BV $1.40 per share

The company will have to start showing repeatable and growing earnings to earn a PE as high as 12 (IMO but hey i hope ur right)

[YankeMike]

Excellent post Sterling! Also, then add in the potential annual revenue of $10M when we re-establish the granite quarry as an operational entity. In addition, some of the cash will be used for an acquisition potentially. I would say that in 1 year from now, we could have a stock with a fair value of around $10!! The key is the low OS of 11.8M.
Mike

[GordonGecko]

Very nice post Stervc. The company needs more eyes on the story and this will go.

[TraderJeff]

Good analysis, Sterking!

However you left off the effects of taxes. I am not familar enough with DMGS's balance sheet to know if there are any tax loss carry forwards to write off this income. If not taxes will have to be deducted thus affecting the final valuation. As a recent shareholder however I see a good gain available at this current low price.


Jeff