With MWW we have a CEO with integrity, highly talented, and eminitly capable
of leading our "new" company to a bright and profitable future.
My current guesstimates on Revenues, EPS and Price Target Range 2014:
I had used slightly more modest assumptions.
Rev of $52 m, An Eps of $.18 and a target of $2.25
I must assume you believe that the operating margin will be north of 10%
If the vote on keeping MWW was dependent on the shareholders on this message board, I would vote to retain.
Without any rhetorical excesses.
Your numbers could turn out to be right on the mark---
I am thinking 13% operating margin (hopefully conservative)
potentially attainable in 2014 resulting in my $.20 EPS guesstimate
assuming approximately 35 million shares outstanding.
Shares outstanding could be a little less---Perhaps best
to think in terms of a $.18 - $.22 EPS range for 2014--
Important to keep in mind that earnings would be largely untaxed,
and PE ratios accorded shares by "the market" i.e investors
in aggregate, would be somewhat less, than if based on a fully
taxed EPS number. Nevertheless NOLs are substantial and
it wll be quite a few years before NOL's will be used up.
Currently I am thinking that a 12-14 PE ratio would be
appropriate---Conservatively if we were to apply a
12 PE ratio on your $.18 EPS number a 2014 price target of
$2.16 would be derived ---a gain of 72% from Friday's close.
By "Without any rhetorical excesses" do you mean that you have no reason for saying keep MWW? MWW has made so many absolutely undeniably bad strategic and operation moves over the past 5 years that no one could argue he has addded any value. Instead he has destroyed investors and employees as he totally misdirected the company.