Replies to post #250 on Leatt Corporation, Inc. (LEAT)

[kawirider]

agree on the numbers there pungushe plus or minus anyhow, so $5mm in net income divided by 110mm share gets you .045 per share but thats pretty close. problem is if the companay cant report until march thats kind of late no? i mean big companies like intel and cisco with hundreds of skus and billions of rev dollars can report w/in 15 to 30 days of the end of the quarter how can these guys need over two full months with only 1 product? use the brace and like it, but have wathced this for over a year and while the sales seem to be moving the guys running the company dont seem to be able to get a handle on how to be a public company.....who knows maybe the new guy and lady they brought in can help, but other than the first press release they are not showing me much either.....long and wrong but hoping for more
glta

[kawirider]

Hey btw, pungushe (whats that mean anyway?) i could argue that once or if these guys get their sht together, this could trade at a much bigger multiple than 10-15....i mean think about it company did 0 revenue in 05, $162,000 in 06 and we are talking about $15million in 07 and profitable and cash flowing +++!!! So if they only add a little bit of sales in each Q in 08 say they maybe do $25mm which would be up another 66% that could certainly carry a bigger pe than 10-15 even in this suckarse enviroment....hey love this site too, first day on it and tons o info.