Roader, I agree with you about the long plans and prospects for ENPT.
This was my first conference call with the company and I was very
impressed with all envolved, especially the president Susan Bailey and
CEO Bob Din. In a way I am glad this was my first call, had I known
what I know now a few months ago, I would have been buying more shares
all the way down the tube. Now I get to buy at or near the bottom.
I hope the market has a knee jerk reaction at the open tomorrow and we
can buy at around the $8.50 area!
For what it is worth, I have reworked my estimate for next quarter as
follows:
Estimated sales: $145,000
GP%: 10.5%
Gross Profit: 15,225
Selling expense: 8,300
G&A expense: 3,100
Net other: 400
Pre-tax income: 3,425
Taxes: 1,400
Net Income: $2,025
EPS: 0.32
If they have, as someone on the call said, a bonus quarter then sales
could come in above $150,000 and EPS could hit $0.38 pretty quickly.
The other unknown would be selling expenses which have been growing
pretty fast especially in Q198. Unless the wheels fall off in
February and March then Q298 should be very strong! (IMHO)
Well, good luck and enjoy your day of tomorrow. Sorry you are going
to miss a really big day for ENPT stock.
Chris .... |
