RE:RE:RE:PYR &HPQOkay, my estimate was simply 'back of the hankerchief' so-to-speak. I'm a retired engineer, not accountant, so would appreciate if anybody else has estimated the Q4 EPS impact for strategic investments (HPQ shares & warrants) which results from the 0.69 rise in HPQ's sp during Q4. Seems to me it should be multiples of the 0.10 eps reported for Q3.
Yajne wrote: I was attempting to estimate the EPS that PYR will realize from their HPQ investment so went back to MtG's post. IMO if the $15MM (0.10 eps) was reported due to the 0.21 increase in HPQ's sp during Q3, it seems the Q4 earning should be $48 MM (0.32 eps) due to HPQ sp increase from 0.41 to $1.10 to close the year.
Can somebody else weigh in on my math here? If this math is correct we can expect a huge increase in EPS when PYR reports Q4, and that on top of any other catalyst nr's (torch sales, etc) that might come in January. Looking forward hugely to 2021!!!
MidtownGuy wrote: PYR made $15MM income (0.10 eps) on the HPQ investment between end of Q2 (July 31) and Q3 (Sept 30), on HPQ share price going from 0.21 to 0.42 — a 100% increase.
Since Sept 30 it's gone from 0.42 to 0.91 as of this post, or 117% increase. About 17.5MM income for the quarter, or just over 0.11 EPS —- just from owning HPQ shares. COGT wrote: And anyone Care to do the math the value of PYR investment in HPQ at $.90
Peter has the play book and pages are turning
GLTA