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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Dick Jaffe who wrote (232)11/30/1997 1:23:00 PM
From: CO  Read Replies (1) | Respond to of 27968
 
Dick, Thank you and welcome to the thread. And thanks for the good information. You are right. Comparing this to REMX, it looks like we've got a nice gem here.

It looks like FAMH should end up with a .21 eps for 1997. With the finance subsidiary getting into full gear in January, I would think that 1998 earnings would be substantially more next year. It is a very high profit operation.

Cheryl



To: Dick Jaffe who wrote (232)12/1/1997 7:05:00 AM
From: George Claborn  Respond to of 27968
 
Looking at the financials for REMX and WRS (two other temp staffing firms mentioned earlier) raises the following question:

They each show a net income of approx. 3% of gross revenue. Firamada is up around 20-25%. Any thoughts as to why? Different mkt segment? Firamada is currently primarily in the hospitality area. Better cost containment? This seems a large difference.

I'll make some phone calls and see what I can find out. Got in early last mo. @.21 and would like an answer to this before putting more in.

Thanks George