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 : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (1984)11/29/1997 8:46:00 AM
From: Steven Durrington  Read Replies (1) | Respond to of 11708
 
I was of the understanding that the Envirotech disposal well might be
able to dispose of up to 7500 barrels per day. Now if this is an absolute
maximum, if we knocked it down to 3/4 of max, it would still bring in
revenues of triple what you allocated for this subsidary. Please refresh
my stressed brain (from local events, not CSMA) about the projected capabilities
of the disposal well.

Did you calculate the LPS earnings on the current activities, or on the
projected doubling of earnings as per their recent news release ?
biz.yahoo.com

I agree that things are looking positive, and even with (IMHO) your conservative
figures, there is a lot of potential for this company's share price to
appreciate significantly from the current levels.

Do you think that the expected "minor loss" on Monday will be viewed negatively,
or have investors already factored this into their considerations and are
looking forward to the future growth of this company ?

Regards,

Durro



To: TraderGreg who wrote (1984)11/29/1997 8:56:00 AM
From: TraderGreg  Respond to of 11708
 
For those looking for the Cliff Notes answer instead of my previously long post, it all boils down to this

AdHatters--assumed on schedule with no change in earnings(2.0MM)

LPS-accelerated growth to $1.4 MM earnings vs ZERO prior estimate

EnviroTec--higher compliance rate by dumpers to just 4 % with lower operating costs yields $4.5MM earnings vs $2.0 MM prior estimate

Oil/gas--$0.1MM vs ZERO prior estimate

Total--$8.00MM with 22.9MM shares vs $4.00MM with 15.6MM shares

EarningsPerShare--$.349 vs $.256

Pick your own P/E and you got your answer.

TraderGreg



To: TraderGreg who wrote (1984)11/29/1997 12:33:00 PM
From: Just My Opinion  Read Replies (1) | Respond to of 11708
 
Trader: Thanks..so we are looking at poss..8-9 range...I am happy with half, although i won't refuse the 8. thanks for your response, it is appreciated..I am happy with your analysis..I don't think it is important for us to get into a cat fight over numbers, it isn't productive. Besides, who's to say mine will be any good. going back to read mode...
I appreciate the effort you have put in this company, and the work you have put forth for the rest of us...al