BLG 3.03% 3.2¢ bluglass limited

BLG - General Discussion, page-203

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    If, say BLG can fill its manufacturing capacity in 5-7 years:

    $170m revenue = $265m @ 64c exchange rate.
    40% margin = $106m pa.
    PE 20 (growth stock), MC = $2B

    Both state and federal governments are well aware of BLG now. I don't see a takeover coming anytime "soon". It's not in the national interest and if it does occur, it would be at a premium. Based upon potential projected market cap, I wouldn't consider a takeover under $1.

    Assuming no take over, I am looking forward to the day when BLG is expanding its manufacturing capacity, RPCVD devices are widely used, and a growing divided stream is paid.
 
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