Alternative Fuel Systems ATF:VSE 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.

Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ally who wrote (561)	3/31/1998 1:04:00 AM
From: Campbell Cu	Read Replies (1) of 4605

Hi Denise. Let me try these figures. Let's say that only 50 % of the projected 10,000/yr from the Mexico deal comes about for the next couple of years. The average price of these units are more like $1800, this would yield annual revenues of 9,000,000. Canaccord says 15X sales are too lofty, so let's give it a 50 % discount and go with 7.5X sales. This would give us a market cap of 7.5 x 9 mil for $67.5 mkt cap or a share price of $2.70/share. This is assuming there are no other sources of revenues coming from anywhere. Remember, the fueling stations being built in Mexico City at this time is capable of fueling 1600 vehicles / day for each station. These would be the first two of 100 projected refueling stations for Mexico alone. The infrastructure of refueling stations would be the key to massive conversions. We have not accounted for all the other geographic regions of the world that AFS has been working on and soon to be firmed up. ECOS, AFS'partner in Japan, is building 2,000 natural gas refueling stations by the year 2000. What about Europe? Are we ahead of ourselves, or should we wait for the market to show us the way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next