hostile: that run's got to end some time.
hostile: i guess i won't be getting it for 6.00 no more.
hostile: should've jumped in when i had the chance (to load up).
Reaper_2: i thought that at $9
Reaper_2: no stock for sale man
Reaper_2: some1 wants it and they cant get it
Reaper_2: traders losing out, wont be many left soon
hostile: well, going on market cap it's only what ... $1.5b. ... lemme check.
Reaper_2: about that
hostile: 1.5b @ 11.20.
hostile: so if it does a PDN, multiply that by 5.33.
Reaper_2: $50
hostile: slx would be worth $55per share. at $8b.
Reaper_2: some were calling that a year ago
hostile: who knows. all i know is that kind of rapid sp movement has got to be followed by a retrace at some point.
Reaper_2: only if theres sellers... :)
hostile: whoever they were, they waited for their best chance to get them (after the correction).
Reaper_2: yep
hostile: i saw all those red candles. it wanted to go back to 6.30. they snapped it up bstards.
Reaper_2: weird order that one at close, mayb they was hoping
Reaper_2: 102K at 11.20
hostile: coh is only $3.3b.
hostile: if vcr can do 2/3 of that it would go to $8.
Reaper_2: SLX is going to make some big $ in the next 10 years
Reaper_2: wats PDN at
hostile: 9.20
Reaper_2: market cap
hostile: $4.55b.
Reaper_2: do u know the PE.... slx PE is way to high,,,all future earnings
Reaper_2: I am starting to think mayb a takeover
Reaper_2: dont think they get it though
hostile: slx has no p/e according to comsck.
hostile: p/b is 67, p/s is 2,702.
Reaper_2: can work it out on the earnings from GE,,, they not very up2 date
hostile: hmm. hard to takeover if 80% in top 20.
Reaper_2: $20M they got from GE so far (i think)
Reaper_2: yep near impossible
hostile: hmm. haven't looked into it. but i could ... something like 4% royalties on whatever. don't know the $ value so can't valuate.
Reaper_2: directors will wont a lot more money
Reaper_2: 7 - 12 % royalties
hostile: atleast until they see their remaining projects through.
Reaper_2: GE want 30% or market initially
Reaper_2: they saying worth $15 by then
hostile: take $20m divided by outstanding shares.
Reaper_2: $15B,,,, enrich market
Reaper_2: tats from memory
Reaper_2: might be out a bit
Reaper_2: i check it out
hostile: yeah. about $20m they received so far i think. or $15m.
Reaper_2: 20M
hostile: $1,368,000 / 10.00(per share) = 136,800 shares ?!? doesn't make sense.
hostile: ah. that's 1.3m ... i want 1.3 b ... heh.
hostile: $1,368,000,000 / 10(per share) = 136,800,000 shares on issue.
hostile: eps = $20m / 136,800,000 shares = 14c.
Reaper_2: yep thats all they earnt so far
hostile: so pe = price per share / eps = 10.00 / 0.14 = 71.43.
hostile: slx currently on a pe of 71.
hostile: but then factor other inflows eg. savings account interest bearing income … could be lower
Reaper_2: very high
Reaper_2: searching old presentations for the enrichment outlook
hostile: yeah. so to get that down to maybe a pe of 10 ... they got to make x7 $20m = $140m p.a or something.
hostile: need more numbers on the books.
Reaper_2: 40% of nuclear fuel cost is enrichment
Reaper_2: i read a while ago that GE want 30% or market initially
Reaper_2: might have been US market
Reaper_2: because they build operate power stations, they buying uranium of themseleves
hostile: i saw on ABC catalyst show. some chinese power plant some guy said it would be powered by some of these balls he was holding in his HAND.
Reaper_2: just reading the efficincy of the tecnologies
Reaper_2: enrichment tech
Reaper_2: the old 2 ar 1.3 and 1.004
Reaper_2: silex is 2 -20
Reaper_2: the number is classified
Reaper_2: lol
Reaper_2: very hard to put a price on it atm
Reaper_2: this is only uranium remember
Reaper_2: solar and translucnet could happen anytime as well
hostile: i dunno about T. could be a while yet i say.
Reaper_2: bbl work to do
Reaper_2 has signed out. (3/20/2007 7:02 PM)
