GREY:VVVFF - Post by User
Post by
dwotherson Mar 25, 2007 1:11am
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Post# 12484054
Better numbers...
Better numbers...Well, I'd have to say there is too much monkey business in the end of the day stock price manipulation happening here and that "conservative" analyst's report, well, I am disgusted when I consider what they imply with the "strong cash position" and then when you chase the money you find the debt is being paid back with share dilution.
I am much better at punching numbers then that analyst, see my post on Roca, which has now doubled.
https://www.stockhouse.com/bullboards/viewmessage.asp?no=14170428&t=0&all=0&StartDir=O&StartID=14176483&StartDateTime=2007-02-11
My new favourite stock is Quadra. Quadra is going for $8.89 and 2007 eps of $3-4 is not out of line.
Quadra is uniquely in a position comparable to what mining stocks have done from early in the commodity bull run as Quadra has not experienced the benefit of the bull run. Quadra made a hedge that cost them $144 million in derivative losses. So, they ended up 2006 with about 81c eps and their hedge loss was $3.58/share, or $2.18/share after taxes. They ought to have made $3-4/share last year. It is currently trading at a P/E of about 2-3 times projected 2007 earnings. IMHO it is an easy double.