2242749 Ont Ltd. AIIFF

very positive numbers in q3

[mingzhu]

0.14 profit, 130 million backlog, 10 million more than last year, nine month EBITDA: 8.798 million, forcast for the whole year: 30 million, that means: 30-8.798 = 21.2 million for the q 4. if q 3 EBITDA is 6.495 million, with 0.14 earning, then 21.2 million would be roughly 0.45. But the stock is 0.40 . wow!!! I see no reason why the stock will not be at $2 in next qtr.

[mingzhu]

backlog is 140 milliom

[2Greying]

Think you need to review the above numbers...and your calculations...makes no sense

[mingzhu]

yes, i made mistake about nine month EBITDA. Nine month EBItDA should be 20 million in3 qtrs. If guideline of  30m is real . we are going to have 10 m in q4. q3 EBITDA was 16 M, pe was  014,   so 16/10=1.6,  0.14/1.6 =  0.0875. q4  pe will be 0.0875. td forcast PE is -0.07 for q4. No wonder share price is at 0.37 now. every shareholder is depressed. But if

[2Greying]

Using EBIDA for this company is misleading. That is what managements is "hanging their hat on" to their own peril. Adding back interest on a debt ridden company just masks the problem. They want to use EBITDA as it looks better to uninformed shareholders. The true measure is earnings and when/if they can become profitable. In 9 months they have lost 38 cents per share. Even if they