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Microcap & Penny Stocks : FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY! -- Ignore unavailable to you. Want to Upgrade?


To: Wink who wrote (61)5/15/1998 10:52:00 AM
From: Turboe  Read Replies (1) | Respond to of 65
 
To: Laz (17648 )
From: Rod Friday, May 15 1998 10:46AM ET
Reply # of 17649

Does anyone know the name of the accounting firm?
I called the company mentioned in Brad's message #12714 (Marcum & Kliegman) and they aren't associated with FAMH anymore!
Thanks for the help,
Rod





To: Wink who wrote (61)7/27/1998 10:26:00 AM
From: Wink  Respond to of 65
 
Here's the results of my margin research to date.

I selected companies that ranged from $30-$100M in sales and figured FAMH would be somewhere near this midpoint.

Company Symbol..........Revenues..........Profit margin......

SRT $97 6.6
ESOL $91 -1.1
OSIX $82 0.4
BBSI $69 1.2
ASIS $54 6.0
TMAM $43 0.3
PSTFY $38 5.2
DR $35 -19.3
JOB $33 8.1
HIR $32 7.4
TPMI $32 1.8

Straight Avg $55 1.5
Weighted Avg $55 1.8

A few others up to $500M in sales with margins over 5%

ROMC $214 6.2
ASGN $119 8.2
SCBI $110 6.9
AVRT $9 12.1

After this cursory review, it seems that margins in this industry are generally under 5% but that they can and do go higher, as evidenced above. With some of the other areas that FAMH is involved with, hopefully they can be in the 6-7% range but I doubt that they will do any beter than this.

Looking like we need to reduce the share count in order to get this puppy moving in the right direction. I feel that this is the number one way to increase not only shareholder value, but shareholder confidence as well.

Wink ;>)