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Avanir Pharmaceuticals, Inc. Message Board

  • jonasmoses11111 jonasmoses11111 Jun 23, 2012 1:41 AM Flag

    Ray? Seriously?

    "I see HGSI has a market cap of $2.66 billion and 2013 revenues are projected to be $386 million.
    HGSI's market cap is therefore 6.89 times next years gross revenues.

    Multiplying Avanir's FY end 9/30/2013 revenues projected by overly rosy sell-side analysts of $79.07 times 6.89, I get a market cap of $545 million.

    Yet somehow you look at the same numbers and say that Avanir's price in a buyout has to be at least $2 billion which is almost four times the amount I get using your HGSI example."

    HGSI has 200MM shares outstanding. Even with $386 MILLION in REVENUES projected for next year, HGSI is PROJECTED to LOSE almost $200 MILLION DOLLARS! $1 PER SHARE!!!!! ARE YOU KIDDING!

    Let's see, with the next two quarters OPEX at $21MM or $84MM annually, which is ALL OF THE GUIDANCE WE HAVE. . . .

    what will AVNR's EARNINGS BE AT $386MM in REVENUES which is less than 7% of the $600MM PBA ONLY US market per SummerStreet?

    Let's see, $300MM/135 = $2 PLUS per share. A CASH COW. Watch and learn. $2 BILLION PLUS. Less than that is a non=starter IMHO

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