In reply to SCOTT MC
Glad to see their is a growing awareness about Rainmaker. I started this thread to keep all the new shareholders informed about what is going on.
Scott, I actually work for Rainmaker, so with a certain bias, I am extremely happy with the growth and developments of the company thus far! I am the Investor Relations and Corporate Communications person for Rainmaker at its offices in Vancouver, BC. Now, although we are in Vancouver, we trade on both the TSE and Montreal Exchange. We hit our all time high this past Friday at $5.55, and it looks loke momentum is moving well. Rainmaker is a film and TV post-production company based in Vancouver, with a facility in Burbank, California. Rainmaker is a service company,(with a 40,000 square foot facility in Vancouver) which provides a range of image processing services, including film developing, post & transfer services, digital visual effects, video editing, computer animation, and MPEG compression for Video on Demand and and DVD (digital versatile disc). In 1995 Rainmaker had EPS of $0.22 on revenues of $16 million. In 1996, analysts are forecasting Rainmaker will achieve around $0.33 on revenues of $25 million. There are 10 million common shares issued and outstanding. of this 10 million: --- 25% is held by management (approx) -- 40% is held institutionally (approx) -- 35% is held retail (approx)
Cash flow is great, and the only debt is in the form of leases. There is about $4 million cash on hand, and more on the way from warrants which expire in December 1997. OUr market cap today is about $55 million. Analysts following Rainmaker include: - Acumen Capital (Calgary) --- Deacon Capital (Toronto) --- Pacific INternational Securities (VAncouver) -- CM Oliver & Co. (Vancouver)
Hope this helps. Rainmaker also has a web page: www.rain-maker.com
Regards, Malcolm
You can reach me by phone at 1-800-616-4433 (toll free) |