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Gold/Mining/Energy : Brocker Investments -- Ignore unavailable to you. Want to Upgrade?

To: johnlag who wrote (20)	5/4/1998 8:00:00 PM
From: okey	Read Replies (2) \| Respond to of 43

Johnlag; They're pretty coy about giving out projections, but it seems the month of April is about 250% over what was achieved last April. They have been profitable since being a public company, so it will be interesting to see what the earnings will be on a $150 million year. If they earn 3% (which will most likely be a low figure) on $150 million, = $4.5 million. Which would be about 32 cent per share in earnings (based on 14 million shares outstanding, which allows for more to be issued for acquisitions, as only 11.4 million are issued presently). Now 32 cents EPS would translate into $4.80 at a multiple of 15. This seems quite achievable to me. Time will tell...BKI has only been on the TSE for 2 months. See ya....Okey