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YRC Worldwide Inc. Message Board

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  • johns.patrick johns.patrick Dec 17, 2010 1:57 AM Flag

    this board has more morons than any I've seen

    Ok rick my subject was sensational to get a response, when I post serious stuff nobody responds. I'm hoping I'm wrong on this but this is what I think is holding the stock back:

    most ever made was $288 million (on 9B in sales) now they sell 5B. Lets say they can make $75M on that due to efficieny of new contract. They need to convert debt, i'm afraid it's $300M and the teamsters will want $50M for their sacrifice. Thats $350M and the market cap is (lets say $175M after tomorrow - generous). Doesnt that mean they'll have to issue at least 95 million new shares so then there will be approx 142M shares outstanding?

    75/142 = .52 eps x 8 = 4.22 max for this stock but only after they prove they can make $75M - and right now they are losing

    Am I wrong, I'm hoping so

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