STRICTLY MY OPINION (AND FANTASY)
Nice post Scotty. Based on your previous post (4380) which clearly outlines the contracts WINR has and the number of potential sites agreed to in those contracts I have counted....55 ??
TISS........18
Aib......... 2
AWM.........21
Vaudeville..10
Vanguard.... 4
Total.....55
Continuing on with Scotty's post number 4391 and "playing" with the numbers contained herein:
Ave. gross per site....$ 1,000,000. (here I cut to the bones)
times 12 months .......$ 12,000,000.
times total sites(55). $660,000,000.
times WINR's percent of........ 7.8% (I took Scotty's lower no.)
equals gross revenues..$ 51,480,000.
times est.profit 60%...$ 30,888,000. (I believe from prev.post)
times tax of 35%.......$ 20,077,200. (I believe from prev.post)
divide no.shares.........14,200,000.
earning per share......$ 1.41
times (some) multiple say 20
estimated share price..$28.28
Hows that for "smoke and mirrors"...and a positive attitude.
Just killing time while I wait...
Thanks for listening,
Bac |
