LFWK - post from RB - a rare nuggett, for those like me who don't go over there regularly.
By: plustick101
04 Mar 2006, 01:18 PM EST
Msg. 1436 of 1461
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Keep in mind that profit margins in this niche of development are very high and as these units come to market, the Company will enjoy major revenue and earnings growth.
We feel that the fundamentals of this company and the hot market sector make it a winner. But what is really going to make this company take off is expected big news! Their planned merger with Consultech Construction Management,
Inc., one of only seven designated "Master Builders" on the North American Continent and in Europe. Consultech arranged a $20 million private debt deal, and its joint venture agreement with Kore International Management, who allocated $8M (USD) as the initial budget for property acquisition, paves the way for dramatic growth. LFWK has a current market cap of only $3.5 million which is extremely low relative to LoftWerk’s potential for strong growth in revenues and net income.
The combined value of its 2 Nashville projects and others slated is estimated at $50 million when lease options, revenue sharing, and the available and pursued tax credit benefits are considered. It has further diversified into the European market, with plans on Canadian projects, as well. |
