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 : SONM – Sonoma Financial Corporation (was VMAX)
SONM 5.750-5.3%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MonteChristo who wrote (82)10/11/1999 10:49:00 PM
From: paper man  Read Replies (1) of 205
 
Monte. hope the kids are well, bathed, and sleeping their little hearts out. Go Tribe.

I have been thinking about the valuations for AACE and FCFS along with their cmmon out and current pe ratio, and of course the fact that they trade on the nas...

If you adjust in either category the common, and use a stable pe ratio, along with projected earnings; one could estimate a fair Market Cap here for the max.

I am still excited about last weeks vmax release of their YTD loan totals at $12 million +. amazing.

Now. We know tis not that easy, but I know one thing:

AACE earned about $10-$11 million last year from their 350 some stores and that division carries a mother load for the total earnings picture.

If the maxtser can continue on its growth and earnings binge than we just might have us some net earnings this year end with some solid projections ( as long as people dont stop borrowin money.. )for quarterly earnings in 2000.

Even earning a net $.03/share on revenues of say $20 million or something. They said last week they have loaned more than $12 million through august.!!

Monte.. Thoughts/price target? Or will I have to call Prudential for a target......

good luck man

ps. Providian ( PVN) up $20. last ten days. Banks solid.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext