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Luxor Industrial Corp. V.LRL


Primary Symbol: LXRRF

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.


EXPM:LXRRF - Post by User

Comment by mjh9413on May 16, 2016 5:08pm
74 Views
Post# 24878643

RE:RE:Forecast of 2016 net earnings

RE:RE:Forecast of 2016 net earningsWell, if memory serves me right, they said in a NR regarding the t/o of the 2 MillFrame entities they had done 4 of the contracts and that was about Mid-March. That might include the Nov2105 contract and 3 others but that is not clear. I have not added up the potential gross of these 4 contracts and clearly they might have more receivables from late March activities.
You have to take account of the extra 10Million shares that were due to be issued to Conboy for per share earnings during 1st and subsequent qtrs. 1st average share outstandings might only be about 5Million given the timing of the merger but will be the full 10Million going forward. Cannot see that Colt has received any shares yet.
Still, with this value on all new contracts and potential additional contracts, and given the figures from TheRock and 2j3kl, we have to have some higher earnings qtrs through 2016 which should make 30c pretty cheap value going forward. GL
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