Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (35012)	1/13/1999 2:28:00 PM
From: MARK BARGER	Respond to of 95453

According to Yahoo they made $1.24 in '98 and are expected to make $2.19 in '99. Not sure where the 7.16 number is coming from. Mark

To: upanddown who wrote (35012)	1/13/1999 2:30:00 PM
From: Mike from La.	Respond to of 95453

They sure know how to make it hard on a guy. Both the Yahoo and Quicken boards show PEs of 5.5 and dividend yields of 4.5%. Don't know which way to go now. Thanks for efforts, I'll continue to try and make sense out of it. Would hate to make a decision based on incorrect info. Mike

To: upanddown who wrote (35012)	1/13/1999 2:55:00 PM
From: Mike from La.	Read Replies (1) \| Respond to of 95453

Re: KMG, yeah, I agree. Somethings wrong with the earnings. It's not the 7.16 that's posted, just doesn't add up with the quarterly reports. It may be a one time gain. I've noticed that sometimes the reports only count earnings on operations in the quarterly figures, and exclude one time gains from sale of assets, etc. That may be why the discrepancy is showing up, two ways of counting. On the dividend, I think that's correct, equals 1.80 year. May be a squeeze to make it, although the present projections do not include the production results from the merger with ORYX, which, IF the numbers are correct will increase the capitalization of KMG by around 80% (rough). Oryx's ratio of assets to price is very high, but so is their debt, while KMG is pretty conservatively managed, until now. A bold move by KMG, remains to be seen how it will work out, certainly needs a rise in prices to be really successful, but that's what we're all betting on anyway. Still think I like KMG, but not as much. Appreciate you guys helping out. Mike from La.