From R/B:
>>>I don't know how to explain this one. How did our stock close at a bid of .11
and an ask of .12? I'm not complaining, but what the heck is going on? It
certainly wasn't Dos Amigos going to work-they don't believe in working this
stock. Anyone got any thoughts?
As for what this stock is worth it's hard to tell without any sales figures at all. I
do know the gross margin on the Bawls product is around $0.50 per bottle
(what overhead + shipping is I have no idea so your guess is as good as
mine as far as net margin). So with that type of gross margin on BAWLS, plus
the $150K yearly profit the bakery was making a couple of years ago (that's
without SAMS, ALBERTSONs, expansion of bakery, etc), I dunno, maybe
around $0.25 per share for a PE ratio of around 30. I'm shooting from the hip,
giving conservative guesstimates here, so if someone decides to do some
real math and comes back with a totally different number, don't bite my head
off.
How do I know the gross margin? I called hoborama one day and asked them
what the distributor cost is for a case of BAWLS and then I called MDMI and
asked them if I was a retail store, what would it cost to buy a case of bawls
from them. I subtracted the hoborama cost from the mdmi cost, BAM! Gross
margin on the Bawls product. Which is about $12 bucks per case, $0.50 per
bottle. Not any insider info, just called and asked.<<<
Glad to see someone do a little DD. Let's see? $12.00 times 400+ clients times 5 cases per week equals $24,000 Per Week. That's $1,248,000 PER YEAR. That's without adding any new clients for "BAWLS". Are these guessimate figures correct? <smile> Afraid to venture a guess on the soft goods being distributed to Sam's Club and hundreds of other acoounts. Could be monstrous. JMO
Remaining Long,
DD |
