I agree David. With just the EnviroTech subsidary alone likely to make
earnings of over $2 a share, ($30-40,000,000 projected revenue into 15 million
shares) this in itself should have quite a positive effect on CSMA's share
price. Project a nice conservative PE ratio, and you've still got a share
price well into double digits. And this is without the oil, the smellies
and the financial subsidaries.
I believe that the CSMA share price will easily exceed $4 in the next few to
several months, and that a reverse split to maintain a price over $4 is
totally unwarranted. Just one dude's opinion of course, but I think that
there are a few other likeminded people on this thread.
I'm looking forward to seeing the company's earnings statement, due out
sometime around Dec 1st ? It will be interesting to see how the other
subsidaries are performing, and see what position in ERHC the company has.
Does anyone else have a good feeling about this one ?
Oh, and Shorty, if you think that this is a good company to short, then
I've also got a bridge that I'd like to sell you... heh heh heh...
Regards,
Durro |
