there are 8mill shares outstanding now; I think insiders hold a good bit, at ipo 2million shares; perhaps more now, but Im not sure-- I think the Ipo fervor and promotion has expired<G> and so the share price has little support;Im not sure of the Raymond James estimates; 1.34 , I think-- I know there is competition, in the manufacturing and the retail sector, from independents, cemeteries, and funeral homes--
but I am impressed with the business plan, although I dont know how seasoned management is to pull it off--there are always risks, ie, cemeteries having limits on the number of granite monuments, the economy, but there is a nice article on ROac in forbes, from march, on their website-- take a look--and make your own decisions! |
