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loanranger

05/09/12 10:13 PM

#181901 RE: jimmenknee #181900

What's the basis for this?
"I believe 10x PS is fair"

The same website and industry that you used to justify your 23% net creation shows that only 10% of that industry has a 10 or better P:S with 70% being 5 or less.

Factors OTHER THAN metrics have a far greater impact on the pps of a company in JBI's circumstances. Why bother?






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5dollars

05/09/12 10:17 PM

#181902 RE: jimmenknee #181900

Why use a 23% net?
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Steady_T

05/10/12 12:14 AM

#181913 RE: jimmenknee #181900

Interesting analysis. Accurate as far as it goes.

The underlying assumption is that there will never be more than 3 processors operating.

By the end of this year that will have been shown to be an inaccurate assumption.

The share price will demonstrate the magnitude of the inaccuracy.
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jimmenknee

05/22/12 9:31 AM

#184113 RE: jimmenknee #181900

Updated speculative valuations reduced based on the considerable dilution:


Output bpd $/bbl $/day Op Days $/year OS $/Share Price Proj PS
20tpd 109 109.8 11968.2 273.75 3276294.75 85,677,216 0.038239977 1.31 34.25734298
40tpd 218 109.8 23936.4 273.75 6552589.5 85,677,216 0.076479954 1.31 17.12867149
60tpd 327 109.8 35904.6 273.75 9828884.25 85,677,216 0.11471993 1.15 10.02441334
80tpd 436 109.8 47872.8 273.75 13105179 85,677,216 0.152959907 1.53 10.00262114
120tpd 654 109.8 71809.2 273.75 19657768.5 85,677,216 0.229439861 2.3 10.02441334
23% Net Net OS $/Share Price Proj PE
20tpd 753547.7925 85,677,216 0.008795195 1.04 118.246388
40tpd 1507095.585 85,677,216 0.017590389 1.04 59.12319399
60tpd 2260643.378 85,677,216 0.026385584 0.97 36.76249883
80tpd 3014191.17 85,677,216 0.035180779 1.29 36.66775012
120tpd 4521286.755 85,677,216 0.052771168 1.93 36.57300141