tag:blogger.com,1999:blog-7126131564610858851.post8820728351490013889..comments2023-09-09T10:21:32.853-04:00Comments on The Hackensack: Response from Alloy Steel International's CEODaveinHackensackhttp://www.blogger.com/profile/01313169814904229272noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7126131564610858851.post-39644739016980596382009-10-21T21:26:05.714-04:002009-10-21T21:26:05.714-04:00I am hesitant to estimate returns, partly because ...I am hesitant to estimate returns, partly because I don't know what the future holds, and partly out of fear of jinxing things, but you can come up with your own rough, ballpark estimate for Alloy Steel fairly easily. Start with its highest quarterly earnings number on record (6.8 cents), achieved with one mill at full capacity. What do you think the company will earn with two mills operating at capacity? Or with the third and fourth mills it plans to build next year? Annualize that, and multiply it by a conservative multiple. <br /><br />The math is a little fuzzier for USEG, but I am bullish about that as well. I have less visibility with DSNY, but the annual report next month should clarify things a little. <br /><br />Sorry I haven't been more specific here. Good luck.DaveinHackensackhttps://www.blogger.com/profile/01313169814904229272noreply@blogger.comtag:blogger.com,1999:blog-7126131564610858851.post-16388856437568262852009-10-21T15:39:36.246-04:002009-10-21T15:39:36.246-04:00Dave - what are expectations as to Alloy, Destiny ...Dave - what are expectations as to Alloy, Destiny Media and USEG? What sort of returns do you estimate if investing in these shares today? Apologies if you have already addressed. I was unable to find on searching your blog.Kunalnoreply@blogger.com