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.
Microcap & Penny Stocks : Air Methods (airm) -- Ignore unavailable to you. Want to Upgrade?


To: Hijacked Account who wrote (117)11/23/1997 12:04:00 PM
From: Hijacked Account  Read Replies (1) | Respond to of 877
 
Redchip is estimating 10 cents for the 4th qtr. which I believe is a lock. AIRM got .05 c from Mercy for 2 months and .03 from their base business. One more month of Mercy means .10 c. Bad debt reserves established were 25.5 % for the Mercy business in Q3 by AIRM and I believe are very conservative. Each 1 % lowers EPS by .02 cents on annual basis. Mercy booked 22.5 % for the first 6 months of 1997. Potential upside to 10 cents depends on follow on orders for medical interiors and Brazilian franchise fees.

.......... 1997.... 1996 .... % Change Qtr... YTD Change %

Qtr 1..... .01......... .02 ..... - 50 % ....... -50 %
Qtr 2..... .05........ -.01..... - ............. 500 %
Qtr 3..... .07......... .02..... 269 %........ 400 %
Qtr 4..... .10 est..... .01..... 900 % !........ 475 % !

Total Year..... .23... .04.......

Next year estimates of .46 cents vs. .23 is 100 % growth in eps. AIRM will have strong quarterly comparions for at least the next three quarters and is only trading at a 8 x multiple to next years earnings.
I'm looking for a price of $ 8 to 10 next year.

Any other estimates?

Bill