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Seprotech Systems Incorporated V.SET



TSXV:SET - Post by User

Comment by ottawatekkieon Oct 09, 2012 1:12pm
340 Views
Post# 20464803

RE: RE: RE: RE: news: finally

RE: RE: RE: RE: news: finally

Maybe check your data points or set me straight, but,  to 31 May 2012, Seprotech revenues were $5.4M and they were pretty much break even so Seprotech should do about 1.5-2.0M in Q4 for revenues of around 7-7.5M to year end 31 Aug.  They should deliver a light profit in Q4 and be break-even for the year.  WESA should also show a bit of growth over 2011 and so together they will be North of $30M.  If Seprotech breaks even and the WESA owners have not dividended out as in past years, there is $2-4M gross profit.  They might not want to dividend out this year because they have to give the stock a lift - they benefit more from the stock potential than cash.  If the stock doesn't get a lift, there is gonna be hell to pay.    Am I missing something Xoph?

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