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.
Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?


To: Daniel M. Whipple who wrote (356)4/2/1998 6:40:00 PM
From: Robert T. Quasius  Respond to of 547
 
I get my earnings estimates from Zacks, with which I have a subscription. You might want to try a free two week trial.



To: Daniel M. Whipple who wrote (356)4/3/1998 9:57:00 AM
From: Grommit  Read Replies (1) | Respond to of 547
 
Dan, let's put the earnings revisions in perspective.

I often wondered how in the heck HMAR would meet those higher
estimates and figured it was acquisition after acquisition
which would contribute the bottom line.
I hoped that the analysts were plugged in to internal plans,
but did not count on it. I do think HMAR should give
conservative guidance and whallop the numbers.

Here is where we stand now with the downward revisions:

1996 1997 1998 1999
act act fcst fcst
revenue $109 $210 $xxx
profit (2.1) 25.5 xxx
EPS (.24) 1.63 2.26 2.84
% EPS growth 39% 26%

So what is the value of a 1.63 EPS company growing at 30% a year?
We should buy all we can at $18, IMO.

note:
The above 98/99 EPS fcst are averages of the latest revisions -
R James 2.20 and 2.76 with 25% new long term growth est
Major Broker 2.38 and 2.76
F Selz 2.20 and 3.10