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United Protection Security Group Inc V.UZZ



TSXV:UZZ - Post by User

Comment by sheppy514on Apr 28, 2010 6:44pm
228 Views
Post# 17041746

RE: RE: RE: RE: Results...

RE: RE: RE: RE: Results...I would expect a large increase in revenues for Q4 as it will include the Airport contracts.  According to Sig, profits did not increase as expected.  I would be happy $250-300,000 net.

Q1 revenues should be quite a bit larger due to the Olympic screening contract as well as any additional Olympic related contracts.  Not sure what to expect in terms of profit. 

$250,000 profit a quater/$1,000,000 a year would mean we are trading at 5 times earnings.  A conservative multiple would be 10 which would give us a 0.16 SP.

On another note, I passed a UZZ pick up today in Vancouver.  First time I have spotted a truck, in the pass I have seen Tri-force guards and security on bikes. 

Shep
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