RE:RE:RE:RE:BASIC DD completed... Here is where I am at so far.....$89mil @ 30% margin is almost $30mil..... With a P/E of 10 we are looking at a market cap of $300mil if it is all positive, so that is awesome, I just want to see it....... The problem with a lot of this is still the debt and high interest debt..... I understand the debt, when you work on a project, it takes incredible amounts of capital to do it, and you are usually not paid for it until completion, which means you have to borrow money, as it is very cash intensive.
I am getting warmer on this for sure, you might have me joining you guys soon ;)
Keep the hard copy DD coming though, links to sources for the important numbers is key.
Cheers!
kingscorpion wrote: The verbal offer ones where by companies contractors government officials call to get a quote a pricing on certain work etc etc are under pipelines. Contracts is where most either signed or sitting on the desk to be signed as in work is done both sides more or less agree to the terms and is sitting at the desk for final approval I have contracts at $89 mil as of end of Dec as per Jeff's email to me. So when he the French guy here said $130 mil I took thst as potentially possible. So let's ask him where he got his $130 mil from