Just a couple of my thoughts on IHUB tonight since no one else is awake:
I own AURC also, but would be tickled pink to see ETIM trade at a dime with it right before AURC goes on to a $1.00 I know, it seems fanciful at this point, but someone do the math on selling only 25,000 pet urns, 25,000 urns, and 10,000 caskets. Let's see -- that's about 26.875 million in earnings, allowing $75 profit on pet urns, $200 on urns, and $2,000 on caskets. Figure on 1.5 billion OS. That's .017916 per share in earnings. What's a fair PE at that point -- 30, 20, 10? At 10, that's a share price of almost .18 cents.
This is right off the top of my head (and I'm way medicated right now), so feel free to pick it apart, but if even close, there is no reason for ETIM to dilute more than has been done or even consider an RS if they can sell this much product in the next 12-18 months. Can they sell even more? Did someone say MLB, Vatican, AKC? Will someone say Nascar, NBA, or NFL? Potential????? Who knows! I don't, but I think it is vast. Sure, things need to go their way, but they have at least shown the ability to get things done with reputable names.
I don't know about anyone else, but if 25,000 urns and 10,000 caskets can do this, then this share price now is crazy, IMO. If I had the money, I'd double up. As is, I just keep picking up what I can.
Everyone must be asleep, SOROS. I guess no one can make it on 5 hours a night like you, old man!
If your numbers are close, let me play the devil's advocate and say they only sell 10% of your small, suggested sales. That's 90% less sales than you even implied. At a 30 PE, that's over 5 cents a share still.
You know it's bad to talk to yourself, but in the early morning hours, I find no one is up, so what the heck? |
