Nice website update to help new investors understand the products and show steady, consistent growth of our company. Someday institutions will see those rev /NI growth blocks. They're not like some stocks which are +100%, -50%, +10%, -20%. Mike is building her up nicely.
Plant can go to $100M revs producing 80M quarts of gold. Now we know we get $1.25/quart.
My favorite part:
At home, confidential discussions are underway which will open the possibility of adding new functional ingredients to kefir and Mr. Smolyansky hinted that new launches would be likely soon.
Also GGEN believes Basics Plus will bring in revs of $20M/yr.
Want to dream alittle?
LWAY will not be needing any future offerings to raise capital. They can add 300,000 in stock options within the company. Another 300,000 are allowed for public relations etc. (Believe 20,000 have been used over the last few years).
Say it takes 6 years to reach $90M revs. That's about +50% a year. Plant is highly automated, profit margins of 15% aren't far fetched. We've been averaging 10-14% over the last few years.
3,788,000 current shares plus the possibility of the 600,000 being granted gives us 4,388,000. Multiply these possible future earnings times a PE 50.
No your calculator didn't lie. This is why I'm in.
Wonder if Gorachev took a big swig out of the kefir bottle when Pres. Reagan presented it to him?
Steve |
