LE. Thanks for your post. You used MDIX as an example of a company where the stock price does not move: DGIX.
Coupling what you quoted with what Jin posted earlier today, the scorig board looks like this:
MDIX: Net sales, $23.2 MM; Net Income, $(1.1MM); Total number of shares, 20.3MM; Float, 17.3MM, EPS, NA. Stock price, 40›.
FAMH (we believe): Net sales, $70MM; Net income, $5.6MM (I'm using Ira Monas' 8% number and understand what emotion that stirs up); Total number of shares, 70MM; Float, 26MM (is the latest number supplied by Arif Adam, I forget the exact number), EPS (estimated), 8‡. Stock price, 19›.
What's wrong with this picture? Looks like FAMH should be above 40› for a start (which is where it has been and management blunders have driven the price down).
LTBFV, Dick |
