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Seprotech Systems Incorporated V.SET



TSXV:SET - Post by User

Comment by agabuson Feb 02, 2012 12:44pm
214 Views
Post# 19480404

RE: RE: Re: Re: This One Like HEO...

RE: RE: Re: Re: This One Like HEO...

Rough SWAG estimate IMO:

DND Contract $3.5M   Plus minus 20%

Saudi Contract  $2.5M in current year. Plus minus 20%

Various Minor Orders $2M  Maybe higher, who knows without announcements.

Parts $1M   plus minus 20%

Total of $9M, margin 28-30%,overhead burn $1.8-2.2M, profit $200-400K

Thi should put SET back to their valuations pre 2008 recession and better if they can report a good backlog.  Call investor relations?

 

 

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