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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (76733)1/12/2001 4:33:40 PM
From: ChrisJP  Read Replies (1) | Respond to of 150070
 
SCRO -- here is a link to their filings news release:

biz.yahoo.com

Gotta love those profit margins !! .....

..... Like Jim said, hard to believe its trading at under $1.

Chris



To: LANCE B who wrote (76733)1/13/2001 12:35:18 PM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
SCRO I believe P/E ratio average for the industry is about 28 if Yahoo is correct.

yahoo.marketguide.com

So let's look at worst case here. EPS for 6 months is .16 so let's say they are flat for the rest of their year and that's where it ends up.

At a buck that's P/E of 6.25.

Hell even at 1/2 the industry average P/E, say 14, at .16/share = $2.24.

IMO this thing should be back mid 2000 levels, ie $3 - $4 and that's even taking into account the 22% dilution in 2000 from 16.3MM shares.

"As of November 30, 2000, there were 19,930,000 shares of common stock issued and outstanding."

wallstreetcorner.com

"SCRO, through its subsidiary, is a major manufacturer of printed circuit boards in the Hong Kong & Taiwan electronic manufacturing industry. With over five years of experience & manufacturing, the Company offers a variety of product categories, particularly the 10 major types of PCB's to suit specifications for its customers' products.

The products include digital cameras & clocks, MP3 players, mobile phones, palm sized computers, radios, calculators, & other electronic consumer products. These products are made & sold by some of SCRO's well-known customers ie, Sharp, Canon, Citizen, & Sony, & Polaroid. SCRO on average possesses over five years of trading relationships with its major customers."