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.
Gold/Mining/Energy : Image Processing Systems (IPV-TSE)
IPV 4.310-4.0%Jan 24 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allan who wrote (586)7/9/1999 12:26:00 AM
From: axial  Read Replies (1) of 658
 
Allan - Just some idle speculation. I'm not sure at what rate IPV fulfills their orders, but I'll assume 20% of their orders are out of backlog and producing revenue in Q1. Being cautious, that would mean about 2.4 million in revenue, with increased profitability and a huge reduction in losses, roughly 8.3 cents/shr., call it 8 cents a share. If (this is really loose!) you subtract 50% cost of doing business (some are reorders) you get 4 cents/shr., on trailing earnings. With a P/E of 20 that should give a share price of $0.80. That's optimistic, for trailing earnings. However, if they can fulfill their backlog, I think my forward projection of $0.15/shr is about right...and if more orders come in (and I think they will), then $3/shr. in 12 months may be pessimistic. These figures are real loose, so please, nobody be badmouthin' me...just thinking out loud!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext