GREY:MIGGF - Post by User
Comment by
SurfForWealthon Apr 25, 2008 9:29am
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Post# 15008732
RE: Value investing
RE: Value investingPaul, You are correct, gross profit will double after they double the price and maintain gross margins. Add in an estimated production increase of 35% for FY2008 and 40% for FY2009 and 30% for FY 2010. This stock is incredibly cheap. I bought more near the open yesterday. Tax rates are low and will likely rise over time but there should be substantila growht in EPS even with the added dilution. That dilution is funding tremendous growth in profitability. Cheers!!!