I just posted the following on the WEB thread in response to another post. WEB is similar to TOX in that it is a turnaround story - but about 6 - 9 months more advanced in the turn. Just for your interest and comparison ;-)...
Subject profit up by 1,389% for same pcp Posted 22/02/06 16:58 - 24 reads Posted by andrewe IP 203.53.xxx.xxx Post #921993 - in reply to msg. #921537 - splitview
from $66,000 in 2004 to $991,000 profit in 2005. i dont think there are many companies achieving this sort of growth.
Subject re: profit up by 1,389% for same pcp Posted 22/02/06 17:19 - 11 reads Posted by TheAnalyser IP 144.138.xxx.xxx Post #922030 - in reply to msg. #921993 - splitview
andrewe - wash your mouth out with soap - lol!
What about your old mate TOX?
WEB had 2005 data as follows...
revenues of $5.2 million pre tax profit of $1.881 million operating margin of 26.4% Return on Assets of 22.4% Book Value increased by 217% Debt free and healthy PE on announcement of results - approx 26 times earnings PE now - 56 !!!!! and nearly triple its sector average
now compare to TOX forecasts/management estimates for 2006 (conservative)...
revenues of $10 million (double that of WEB) pre tax profit of $4.35 million (double and a half that of WEB) operating margin roughly 43% (nearly double BEB) Return on Assets (my estimate - need the numbers) 35% - 45% Book Value - need the numbers Debt free and healthy PE currently on 2006 numbers - approx 13 (less than one quarter WEB) and only 75% of its sector average
Trading on a 2007 pe of 9.
Yesterdays - or last years stock???? LOL!!!!
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Held