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Appliance Recycling Centers of America Inc. Message Board

  • snds10 snds10 May 10, 2012 10:21 PM Flag

    Nice meeting today

    The recent news of the new recycling facility is very exciting. The byproduct revenue will grow dramatically with each recycling facility they open. Nice balance sheet, cheap debt and lots of credit available. The one analyst has earnings of .76 for 2012 and .94 for 2013. So we are trading at $4?? They said they have ballpark .10 of carbon credits waiting to be sold at a better price. They could have booked it in 1st qtr but are waiting for better price. Last year was about $1m or so of carbon credits and now they will have more credits to sell. So I'm guessing but lets say they could have .25-.30 in just carbon credits. The analyst might not be too far off at .76 for this year. I kind of thought it might be a .40-.50 year but now I'm hoping for more. I can't see it going too much lower but I didn't think we would get to $4. Have a nice day.

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