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Gold/Mining/Energy : Brocker Investments

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To: Kurt A. Altmann who wrote (32)6/5/1998 10:39:00 AM
From: okey  Read Replies (1) of 43
 
Kurt; The 1st quarter ends June 30, so I would guess it will be reported 30 or 40 days from then. Talk form the company is that the revenues have doubled from last year. A few weeks ago I was told April's revenue was $12.5 million. The rev for the whole 1st quarter last year was $17 million, so it seems the business is still growing. Now the profitability is going to be the question. The third quarter just passed showed an improvement in the net profit with signs of it holding. If this rings true into this fiscal year, I would guess the first quarter should earn at least 5.5 cents per share. We'll wait and see....

Also, Mike Ridgway CEO of Brocker is in North America now, in the middle of road show displaying the company to 45 institutions. I think this will be a first real exposure the company will have experienced.

By for now!......Okey
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