FAMH - FIRAMADA Staffing Services Message Board

STOCKTALK

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 : FAMH - FIRAMADA Staffing Services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: telebob who wrote (4827)	3/3/1998 11:30:00 PM
From: JIN CHUN	Read Replies (1) of 27968

telebob, with contracts in hand, is it conceivable that Firamada's core pre-Myriad, pre-Houston offices could do around 12 to 13MM in sales? I think so. Is it conceivable that Myriad could do 60MM in sales? I also tend to think so. The expanding IT initiative, bringing in an industry veteran, Houston accelerating their sales, the finance division. Anything around 80MM in sales, with a conservative net margin of 5 percent gives around .10 eps with the current share count. But what about possible dilution? Is it probable that the amount of dilution would proportionately be outweighed by the increase in eps? I think so. Would management do it if it did not? I hope not. As far as we know, the credit line hasn't even been accessed yet. What's good is this: a profitable company in a hot industry with an established model of growth and an agenda to move into more profitable areas, as well as expanding their client base with established, well known companies. How about LE, let's apply the valuation of some of the other companies in the industry onto FAMH's projected sales for '98. If your honest you won't say it's still over valued. Jin.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next