Well, here's my two bits worth on a starting point for 1998 earnings.
I've used only the figures provided on the Q&A page, and estimated a
"High" and "Low", using the ranges provided plus some simple assumptions.
HIGH LOW
Bingo Centers (18) $2,700,000 $1,800,000
VGM's (700) 4,900,000 3,500,000
OTHER (5% of revs) 380,000 265,000
INTEREST EARNED 1,190,000 700,000
(used $17 mil for Hi,
and $10 mil for Lo,
and earning 7%)
Overhead (2,500,000) (2,500,000)
Net Before Taxes $6,670,000 $3,526,500
Taxes At 35% (2,350,000) (1,250,000)
Net After Taxes $4,320,000 $2,275,000
EPS (10mil shs) .43 .23
BNGO @ 20 x EPS $8.60 $4.60 |
