Replies to post #5050 on Alloy Steel Inc. (fka AYSI)

[nelson1234]

hey fish, I hate that weeeeeeeeeeeeee sh%t. Wiiiiiiiiii's not much better. But that was definitely a spicy pr.

There may be some charges (mill & currency) against eps next qtr which dampen earnings. But does it really matter? I mean they sound pretty confident that the rest of fy 2010 will be strong, and if the full effect of the revenue ramp dont hit q2, then they'll hit in q3, q4,............ I mean there will always be lumpy qtrs, but with this announcement, AYSI seems pretty damn confident that Revenues and Earnings will be ramping. And not just for a one-off great qtr, but a series of them.

I mean in the pr Gene says, go ahead, make my day, "extrapolate these damn great q1 figures for the full friggin year" (@$5.75 million/qtr), and by the way this qtr is kinda light cause of the holidays - so add a few bucks. Oh, and there's a new mill comin' on line this qtr that I aint even counting...

So, you gotta figure at least $24 million in revenue for the year. What does that filter down into normalized earnings?

Yeah, I know that your all gonna be saying that $24 mil/year is way too conservative, with the new mill etc. But even with that estimate, the price deserves to be way higher. And if AYSI comes in with stronger numbers, then all the better - AYSI share price will skyrocket even higher.

best.