RE:RE:One thing we have to remember is the following
cashflow98 wrote: Yes. And how much did amco do prior to acquisition ?
fdfd12 wrote: all US$
We did $1.46 last Q but that was only on 35M shares.
Net income of 51.4M on 35M shares gives $1.46.
Now we have 51M shares.
So we have to do $74.4M to get to $1.46 per Q.
If we are supposed to do 1.75 per q, that means that we have to hit almost
90M in net income instead of 51.4 that we did last Q.
Everyone understand this?
In 2014 AMCo did $73 million (U.S. Dollars) net profit.
Scruggs posted AMCo's 2014 annual report with all financial statements on the reddit site
here. Most interesting read.