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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?


To: david james who wrote (1658)2/10/1998 1:34:00 AM
From: Michael Anthony  Read Replies (2) | Respond to of 2841
 
So with 1.40 expected next year, the DBCO part of Eco would have to bring in appx 11.2 million to meet that estimate (8 mill new shares x 1.40) With 300 million generated last year, a positive margin of 3.7% would do it if revenues were the same. Can they do it? If the market thinks so, Eco should go back to 12 and DBCO to 3 if the 4/1 reported in the Post is true. Anyone else see it differently?

Looks like the 93 mill figure is correct. $3/share x 31 million out