I just posted the following on the WEB thread in response to...

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!!!!