InvestorsHub Logo
icon url

highline

03/19/12 11:28 AM

#6072 RE: rsvn67 #6070

Edit- I am for a good investment but prefer to not have to stick my head in the sand.

If you took the loss to this point, I sure don't blame a person for holding until the earnings is out.

FYI- I don't care what someone drives as long as they aren't selling me bs to pay for it ;-)

When the earnings comes out, how about we do the math? *Is there enough info now to do the basic math below?

What is the projected gross for the Miller Fab? $20 million, $5 million or $100 million a year?

How many shares are there?

What is the gross revenue per share?

What do you project as the net profit for HPGS? How much per share does it equate to?

I've noticed that the board tends to tout natural gas as great venture (which I believe is accurate over the long term).

When specifics of the old field HPGS owns is brought up with the large amounts of gas in storage and the production rate of gas outpacing consumption- the board then touts the Miller Fab as the savior.

While I believe the Miller Fab portion could be a viable private company I don't get all hyped up in equating that as a viable publicly traded company.

Keep in mind that the "guvmint" considers small business as anything less than 500 employees. How many combined employees does High Plains and Miller Fab have? *I don't know.

A good investment has to have transparent details and the math has to add up. Anything other than that is about as sound as a nickel in a slot machine.