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Gold/Mining/Energy : Rainmaker (T:RNK) Announces Q1 Results - $0.09 EPS -- Ignore unavailable to you. Want to Upgrade?


To: Robert van Mil who wrote (13)3/15/1998 7:45:00 PM
From: diddlysquatz  Read Replies (1) | Respond to of 73
 
Robert, this is a great company. The only company of its kind really in North America. They get a lot of business because they are located in Vancouver and Vancouver has become a hotbed of film and TV activity. If you saw the movie Titanic then you have seen some of their work as they did a lot of the special effects for the movie.

Cheers,

Paul



To: Robert van Mil who wrote (13)3/16/1998 9:36:00 PM
From: Praxis  Respond to of 73
 
None what so ever, just underfollowed and underappreciated.
It has really fallen between the cracks and is sound in all respects.



To: Robert van Mil who wrote (13)3/17/1998 1:15:00 AM
From: BlueIce  Respond to of 73
 
I've followed Rainmaker since it was on the MSE and bought in shortly after it was listed on the TSE. I've been very impressed with the work they're getting (X-Files, Millenium, Titanic, Batman Returns, etc.) and their record earnings every quarter, but I haven't seen my investment rise yet.

My biggest question is why is the stock so underfollowed? Their balance sheet is very healthy and one would have to believe special effects is a high growth industry. Their P/E is very low compared to their growth the past several quarters. I'm looking forward to their earnings report this week and I trust it'll be another solid quarter. Another quarter or two of record earnings and the P/E will be pushed down to an extremely low 12.0 if the share price doesn't increase.