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China Natural Gas, Inc. Message Board

  • lemew@frontier.com lemew Aug 22, 2013 3:36 PM Flag

    a little margin analysis for rbt...

    If the LNG margins for Q1 and Q2 were the same as CNG (81%) then the net incomes after tax for Q1 and Q2 respectively $9.0m and $9.2m(as in million) with EPD of $0.42 and $0.43. That would mean annual EPS greater than $1.60 making this a $20 dollar stock. Granted this does not recognize interest expense, but if you are making approx $10 million per quarter it is hard to imagine a problem with a $40m note. All this from a margin equalization between lng and cng. That margin 81%, a pittance by American standards.
    Correct me if I am wrong in any respect.

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    • so if all their sales where the same as gas stations than they would be making lots of money
      If all your trades where as good as your best we might listen
      So you did not include interest ,warrants and US law suits
      Was there any thing else left out?

 
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