SI
SI
discoversearch

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.
Pastimes : Susie's and Tiffany's Hot Stock Tips -- Ignore unavailable to you. Want to Upgrade?


To: TOPFUEL who wrote (3588)6/16/1999 12:47:00 AM
From: SusieQ  Read Replies (1) | Respond to of 5803
 
Thank you TOPFUEL,

I see I need to watch this stock very carefully.

Susie



To: TOPFUEL who wrote (3588)6/16/1999 8:01:00 AM
From: ChrisJP  Respond to of 5803
 
Hi Topfuel,

I'm looking at the VALH financial summary posted on Yahoo.

biz.yahoo.com

Yes 90M shares outstanding is a lot of shares, but is that the float ? The float is usually less.

It appears that they earned .006/share for the quarter. If sales continue at the same pace, that's just over .02/share in earnings for the year. Even with a modest PE of 20:1, that should make VALH worth around .40/share. :-)))))))))

Susie, if you're having any trouble following my calculations -- let me know ! <giggle>. But I hope you can use this info to set a target price. Don't believe the stuff on the other threads about it being worth $1, or even .50. But that doesn't mean people won't be dumb enough to pay .50 - $1 ! :-)

Topfuel, do you have reason to believe that this earnings report is a one time event or exceptional in any way ? That would be the only reason I can think of that would value VALH at a lower share price. Any thoughts you have would be appreciated.

No doubt the trading near the end was tricky though. I agree with you, when people smell a gap scenario, they sometimes get carried away.

Regards,
Chris



To: TOPFUEL who wrote (3588)6/16/1999 8:58:00 AM
From: ChrisJP  Respond to of 5803
 
Hi Topfuel, regarding VALH,

I found this on Yahoo:

biz.yahoo.com

You are correct. The float is 90.5M shares. But that's one of the reasons why this stock was down in the pennies.

Regards,
Chris