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need a lot more money yet Based on my calculations last night...

  1. MiscMan
    569 Posts.
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    25/01/05
    10:02
    Post #: 766595
    need a lot more money yet Based on my calculations last night regarding the Turkey deal, I estimated LUM would generate $300k/yr profit on the Turkey deal.
    US$1mill - 25% commission - US$40k expenses/month = $300k.
    For 4TS signs
    US$1.25mill - 25% commission - US$60k expenses/month = $300k/month

    So LUM while getting their act together, appear to be still around $750k/$1mill short in the earnings
    LUM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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