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Novus Energy Inc NOVUF



GREY:NOVUF - Post by User

Comment by luckythoron Mar 26, 2013 11:34pm
184 Views
Post# 21172385

RE: RE: RE: RE: Prediction

RE: RE: RE: RE: Prediction

Counter, if we had the Q4 results, we could answer your question with less doubt. I think that the company is starting to show reasonable profits and net income for 2012 could exceed $10M.  From the financials the tax savings pool was in excess of $250M which would encompass a great portion of the debt and by my calculations the company should be worth a minimum of $2/share which would give any buyer an upside. The only problem is my calculation and reality (market) are totally far apart and in most cases (99%) I'm wrong.

 

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