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Bullboard - Stock Discussion Forum Platinum Communications Corporation V.PCS

TSXV:PCS - Post Discussion

Platinum Communications Corporation > PCS acquisition of assets from Hybrid Wireless
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Post by theinvestor22 on Nov 01, 2013 11:10am

PCS acquisition of assets from Hybrid Wireless

The subscriber base is now up 50% from 20 months ago.  It will be interesting to see how much profitability is added from this plus the acquisition yet to close.  My thinking is the two of them should increase net income, assuming full taxation, to somewhere around 2 cents per share and increase cash flow to somewhere around 3 cents per share (although I'm less certain of that number).  It seems to me that the company should not have to add any debt to finance these acquisitions because of the strength of the balance sheet and the fact that free cash flow is very strong.

Regardless, insiders must like the direction the company is headed:


As of October 31st, 2013

Oct 30/13 Parkinson, Bernard - Acquisition in the public market 9,000 @ $0.150
Oct 29/13 Parkinson, Bernard - Acquisition in the public market 1,000 @ $0.145
Oct 28/13 Parkinson, Bernard - Acquisition in the public market 8,000 @ $0.140
Oct 18/13 Bobye, Wayne - Acquisition in the public market 29,000 @ $0.150
Oct 18/13 Bobye, Wayne - Acquisition in the public market 2,000 @ $0.145
Oct 18/13 Cargo, Ronald James - Acquisition in the public market 7,000 @ $0.145
Oct 18/13 Parkinson, Bernard - Acquisition in the public market 10,000 @ $0.140
Sep 23/13 Parkinson, Bernard - Acquisition in the public market 10,000 @ $0.120
Sep 10/13 Parkinson, Bernard - Acquisition in the public market 5,000 @ $0.120
Sep 6/13 Parkinson, Bernard - Acquisition in the public market 20,000 @ $0.120

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