Take out the 20 million cash and the market cap is 38 million and they will be earning .13 and growing. Their forward pe with removal of cash is approx 8.
Good info right to the point!!!
Emes has a little over 80% production already sold for the new and current mines, the remainder of sand production as you point out will be sold well above contract prices. I said $10 was my ye 2015 distribution # it could be higher if sands continues to be tight. That would price emes over 200 and closer to 220 my original # was 180 - 200 staying with that until I see a reason to change it. Either way on course for at least 50% increase in price and more than 2 times increase in current distribution
Sons is down even bigger than audc today as well.
AUDC at least is buying back stock to hold price but I would like another massive dip to buy more.
They not only have the ability to double production they can also have the ability to ship it in RR cars. A shortage of rr cars is causing shipment problems, emes has added to their rr cars and has orders in for many more. Sand is good but without the ability to get it to market is a problem.
This should be up at least .10 this early and with this volume. Some is buying very smartly.
Jason is actually very intelligent both a geek and business man, raising cash into the 20 dma was brilliant any one with an ounce of trading knowledge knew the price would fall so Jason decided to strike while the iron was hot. If the price fell he would have only gotten 12.50 and someone like you would have said he should have done it earlier.
So please tell us your plan and show us your resume we are waiting with baited breath!
Please explain how the Shekel price will increase earnings. If sales are from US won't a rising shekel harm audc when the $$ is covnerted?
Have you looked at any reits, I just do not want to much energy but want checks too
I like ras, nrf and irt also look at exetf, monthly divy payer with 50 to 100% upside on sale of us nursing home operations.
GM is a dead man walking, no one will buy their cars en mass like they were use to.
GM's mngt should be brought up on some type of murder charge as they knew full well base dupon info that their cars had a problem. Any one of us could have had our wife our children or worse both in the auto and lost them in a second. They so s...ck I will forever da.mmm them and wish they go out of business forever.
I strongly believe that you have a high school degree and 1 year of community college.
You worked for the city as a clerk and hurt yourself on the job pushing a pencil and now collect and decided to try day trading. You do not beliive in holding a stock nor doing any dd just post bs.
Bet I am correct on all counts.
Kevin could you post your resume please and then we can vote as to whose a lot smarter and more succesful.
If you can find the interview with the ceo on Cramer from a few weeks ago he states it, that they have already pre-sold over 80% of their new production.
Good luck and yes ice's post is correct, traders have it now but it is a simple to understand business mine sand, put it in rr cars and ship it.
To add to ice's post, EMES has also increased the number of rr cars they control which is turning out to be a problem for many in the sand industry as there is a shortage of rr cars. So even if a competitor announces a new mine there are no rr cars.
I reiterate the fact that emes was not down 7%, using phony math is not a fact just another way of saying a lie.
I just noticed this post, you really are short emes, if this is true then good luck but do not spread lies just facts.
News is coming, it has been discussed all over this board and even told by the ceo.
They are bringing new mines online and the production is pretty much all sold.
The stock ran early but it is still in an upward trend and my # is still intack that I spoke about last year.
Trading this is for others not me and I collect a nice distribution.
By the way it was down 5.4% yesterday not 7% and that is UP over 325% since my first buy so I will just say buy and hold for traders look at options. This is still a decent entry price but in the $90's was a lot better and that is when I pounce don the options and that was only 3 months ago.