what is the share price of mwr??, page-52

Hi Firsova.

We will have to agree to disagree on the definition of spec.

In my view, a spec is something you 'speculate on' hoping to get returns. Like an explorer (mining company)... Pure speculation that it might have something in the ground worth while. (Yet, if it did, then BHP would have bought it up years ago... Lol.)

MWR is now making profits... That's right!
It is making profits and is now giving a return to its shareholders...

Yes, finally for those long-suffering shareholders that saw it drop from its ridiculous highs of $6.30 in July 2007 (converted now because of consolidation).

Of note, is the fact that it reached that price when it was losing around 14 cents a share... In 2007 it was a spec.

Now it is making 3.3 cents a share and is expected to make 5.1 cents next year and 9.9 cents in 2013!

So, in my opinion, MWR is now a micro-cap. But please, run through all the figures and find out for yourself, and if I have made any errors, please highlight them.

The only thing I will say... MY VALUATIONS DO DEPEND ON THEM MEETING EXPECTATIONS!!! (And unfortunately, I can't do much else than rely on the information given to me.)

As always, good luck!

:-)