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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Post by vandenpon May 04, 2001 8:12am
233 Views
Post# 3697237

Am I the only one?

Am I the only one?A few posts ago I asked the questions: "how much revenue would be required to generate EARNINGS of CDN$13million? how, and when do you believe they will attain these types of earnings? " Unfortunately, ONLY ONE long actually attempted an answer. Cash Money stated: "If SCS can hold expenses to 5-8 million and operate with a margin of 70% then SCS would need to generate roughly 22-25 million to earn 10-14 million. " My question is still, HOW? How many Newswire, TourTek, LiveLinxPlus, Wings, etc, contracts would this require? SCS has more then 20 consolidators now and they don't even have $2million in revenues. Let me make it a little easier. Is there anyone out there that has any reasonable guess as to how SCS could attain earnings of CDN$2.6million (this would justify a share price of $1 at a 20 times multiple). Come on kjones, jetstream, tiny2, Cash Money, Jase, soyoubet, etc. I'm not trying to be a prick. I'm just wondering if I was the only one who put money blindly behind a micro-cap company, without even considering how they (SCS) could attain the earnings needed to justify my share price expectations.
Bullboard Posts