SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 9ball who wrote (633)3/3/1998 6:25:00 PM
From: Steve  Read Replies (1) of 2232
 
THE PRESS RELEASE AND WHAT IT MEANS! READ!!! **IMPORTANT**

Though this is not what I expected so lets
work with it and derive the implied numbers:

Income Statement for Magra
1st Quarter FY (Inferred)

4th Qtr 1997 4th Qtr 1996

Gross Revenue: $804,719 $202,898
Less: COGS $523,132 $113,018
(Cost of Goods Sold) -------- --------
Gross Profit or Margin on Sales: $281,587 $ 89,880

Operating Expenses: $340,725 $289,016
(includes fixed and variable
costs and extraordinary items)

Net Income (loss) ($ 59,138) ($199,136)

Ok let's review this:

Revenues up 297%
Gross Profit up 213%
Operating and other Expenses up 28%
Net Income (loss) up (down) (70%)

In sum we have a company that is growing rapidly.
Whose operating expenses are under control and
whose profitability will become very apparent
in the first quarter of calendar year 1998
(2nd quarter of Magra's fiscal year)

This is a great little company and Henley has
really downplayed this one. They could have
released numbers like I derived from their
Press Release. But they chose not to. They
are deliberately not hyping their stock.
This is a very good sign.

GO HNLY!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext