I think it is time to put some of the posts into a little perspective.
1. $205,000 profit for July - some are saying they are disappointed with this result.
Monthly profits do fluctuate and a business is not analyzed on a one 'monthly profit figure' alone.
$1.4mill is the the last six month profit and i believe that $205,000 would be a 'base' monthly profit figure..
$1.4 mill for six months rolls out to be a $2.8million annualised profit.
Expect the company to be forthcoming with forecasts within the week, and to be expecting a 'minimum' $2.8mill for the full year.....that is a great block to build from.
The company is in a great position of strength to add to profitability through synergistic acquisitions.
You can certainly buy some great cash flow businesses for a few mill and that would have to be a huge possibility also.
As sydneysider has mentioned, TOX is the only company with a licence to carry out certain activities and you will find that this could/should also enhance the companies bottom line.(future contracts)
yesterdays dumping will be no more than silly daytraders trying to manipulate the price for the sake of an .02 cent profit...
I believe we will see a great future roll out for TOX.
With a conservative expectation of $2.8 - $3.0 mill for 2005/2006, trading at 4cents per share i'll let you decide whether TOX is overvalued or undervalued....
I wont be selling though.
Good luck..
I think it is time to put some of the posts into a little...
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