GREY:CCZFF - Post by User
Comment by
Kantenahon Mar 15, 2010 9:32am
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Post# 16882603
RE: RE: RE: RE: NEWS IN LESS THAN 1 HOUR-THEN
RE: RE: RE: RE: NEWS IN LESS THAN 1 HOUR-THEN
Yup, looks like 2.7 cents per share in Q4. If they are able to maintain that quarterly pace throughout 2010, we'll be looking at 10.8 cents/share at YE. Apply a 12X earnings multiple and you get an SP of about $1.30 within the next 12 months. I can live with that.
Of course, if they can continue to successfully integrate their new acquisitions throughout the year, they should be able to do better than 2.7 cents per quarter.
I'm looking forward to seeing the details... a little concerned that the government business appears to be a bit of a drag on the results.
GLTA
-K