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 : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Little Engine who wrote (1097)1/10/1998 11:41:00 PM
From: JIN CHUN  Respond to of 27968
 
Little Engine, IMO, that target is not unreasonable. When the audited financials come out, and if they are reasonable per earlier indications, then I believe that the credibility that FAMH needs to become more fairly valued will come. It would be nice for us shareholders who are speculating on the true value of the stock to know the details of the acquisition, and there have been many instances when such details were released, but neither I nor you can be aware of any non-disclosure agreements that may have been signed, or of any sensitive issues that may be jeapordized without privacy.
If you refer to an earlier post(sorry I forget which one) that compares other staffing companies and their ratios you may see where some are getting their targets. Again, this is just my opinion, but Ira Monas seems to have done a pretty fantastic job at putting FAMH where it is in the short amount of time that he has been there. Even if he doesn't read this thread, I'm sure that he is acutely aware of the importance of the 10-k and their impact of share price and credibility. As far as the "$1.50 in 3 days", someone had just mentioned it from a conversation with someone from World Vision. Whether or not that was really said by Ira Monas is questionable and may not have been meant for others ( He in fact does, like everyone else, have a right to his/her own opinion ). Jin.