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Finjan Holdings, Inc. Message Board

  • psgprocraft psgprocraft Jan 13, 2009 8:03 AM Flag


    Why COIN can be a $50 stock

    Early "speculation" movement has indicated and supported strong forward potential. this historical action confirms why COIN can become a $50 stock.

    COIN:NASDAQ Is a 2.7 million float stock that is projected to have annualized earnings per share of $3 when it’s organic fertilizer plant reaches full capacity (see projections below).

    The sector p/e is 25. Coin can be the stock of the year again in 2009.


    According to the web cast in the second quarter of 2008 the Woodbridge facility will be converting 250 tons a day. 100 tons brings in $21,000 of revenue, so 250 tons a day provides $52,500 revenue per day. There are approximately 90 days in a quarter so they will have $4,725,000 in revenue per quarter. 40% covers cost of conversion so that leaves them with $2,835,000 in operating profit. Subtract conservative $1 Million in Selling and Administration leaves about $1.8 MM profit per quarter. With 4.23 million shares that means $.40 in earnings per quarter. And that's with one plant at half capacity. The plant at full capacity will convert 500 tons per day which means $.80 EPS per quarter OR $3.20 per year.

    Given a conservative p/e ratio 16 = $51.2...

    We live in a sea of food waste of which our nation's landfills are bursting at the seams... and an ever growing demand for organic agriculture be it cattle feed, poultry, hogs, other livestock fruits, vegetables, wheat and grains. Organic fertilizer will become the norm in farming...healthy organic soil requires less rainfall and contains many natural pesticide/disease deterrent properties.

    As of this writing COIN has two plants up and running, two in the hopper and is positioned ahead of the curve offering a sustainable eco-economic “green solution” to the "insatiable" agricultural demand and dependence on oil.

    We have tried to find fault with this process/product/commercial application...even from a cost's a win win on all sides...and a step in the right direction of which all the world will benefit.

    In layman's terms...COIN has one hell of a product.



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3.50-0.15(-4.11%)Aug 1 3:52 PMEDT

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