View Single Post
Old 12-05-2011, 08:35 AM  
teomaxxx
Confirmed User
 
Join Date: May 2003
Posts: 2,734
just quick update. company guidance for 2012 is to make 0.30-$0.35 EPS, which means PE less then 3 as of right now. last Q they made 4 cents EPS, so the company is on the track to 100 percent yoy growth. you dont find such bargains on the market often.

Guidance
For 2012, assuming no external financing to support further prefunding of receivables, we expect net revenues of $11.5-$12.0 million , and earnings per share (EPS) of $0.30-$0.35 . This assumes receivables collection accelerating sequentially, albeit at a lesser rate than the projected increases in total accounts receivable.
We expect that for every $1 million of external pure debt financing raised, we can generate, on a full year basis, approximately $2.5 million of net revenue and $0.08 per share in EPS. We are currently in active discussions with several financing sources, although there can be no guarantee of closing of such a transaction.
For the fourth quarter of 2011, we expect net revenues and EPS to approximate $1.7-$1.8 million and $0.04-$0.05 respectively. This is in line with performance in the third quarter of 2011. It reflects the slight seasonal effect whereby the holidays somewhat retard billing and collection activity. Absent the seasonality, sequential growth from third quarter to fourth quarter of 2011 would be more defined.
teomaxxx is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote