SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SSP who wrote (91014)8/30/2001 1:29:31 PM
From: Due Diligence   of 150070
 
BGII news today.

quote.yahoo.com

Copied from another thread:
With 500 machines in place by 9/30/01, each earning a pre-tax net of $1500 per month, net income will be $750,000 per month or $9 million per year. Deducting taxes at 35%,
after tax net will be $5.85 million or at an annual rate of 53 cents per share. If the demand keeps the same pace, adding 165 machines per month will result in 995 machines in
place by year end generating $1.4925 million in net per month or $16.4175 million net per year. After a 35% tax, final net will be at an annual rate $10.671375 million or 97 cents per share.If you assume that they add 165 new machines per month in 2002, the numbers are like Jack's beanstock: 2975 machines in place generating after tax EPS at an annual rate of $3.16. SLOT sells at a PE of 12. 12 times $3.16 is $38, or a gain of 47 times.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext