posted
Do your DD if you want to make a 100% gainer at some point. Super low float, huge revenues, new management will bring profitability again, huge book value, company has share buyback plan. Great stock to be in for the move to $25 shortly on Sept earnings.
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Monster Quarter!!!! Duckwall-Alco 2Q EPS 85c Vs EPS 68c >DUCKLast update: 9/11/2008 4:37:27 PMDOW JONES NEWSWIRES Duckwell-Alco Stores Inc. (DUCK) reported Thursday second-quarter net earnings of $3.26 million, or 85 cents a share, compared with net earnings of $2.59 million, or 68 cents a share in the year-ago period. For the thirteen weeks ended Aug. 3, the company's net sales rose to $129.6 million from $119 million in the year-ago period, according to a quarterly report filed with the Securities and Exchange Commission
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posted
No worries, I'll see you in 30+ next year..here is why..
200,000 share repurchase program in place...O/S is 3.8million so this is a signficant chunk.
But..I've been told they mentioned 35-40mill in EBITDA for next year in the CC.. 9.2million EBITDA this quarter so...
Well I know this is not a great estimation, but net income was 3.3 million, thats about 35% of EBITDA, if you linearize this (again I know not right just estimating) and multiply it by 40milliion EBITDA for next year you get about 14million net income for the year. O/S is 3.8 million...thats $3.68 a share, so lets be conservative and say $2.50EPS for 2009...put a P/E of 17, industry average (just like a walmart except in area where walmart isnt so P/E should be close) and you have a $42 stock.
Next year this will be a MONSTER...when this is back in the $30's anyone who picked up shares at $12 will be very satisfied.
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