Quad m reports over 9000 employees with health benefits.
This means the dec insurance revenues are about $9 million
with a cash flow of about $5 mill and earnings contribution of
about $2 mill. This is $.03/ shr per month or $.36 annualized
- when that newss came out a 2hr hrs ago the stock was around
39 cents or about 1X earnings - how many stocks trade at 1X? most
trade 10X, 20X 50X, 100X these days
and if they hit that 20K, which they state in the press release
that's double the earnings. Anyway nice to see the official press
release with their guidance
but yes nice pop
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Posted by matt on 10th of Dec 2021 at 02:51 pm
nice press release
https://finance.yahoo.com/news/quad-m-dramatically-increases-employees-173200626.html
Quad m reports over 9000 employees with health benefits. This means the dec insurance revenues are about $9 million with a cash flow of about $5 mill and earnings contribution of about $2 mill. This is $.03/ shr per month or $.36 annualized - when that newss came out a 2hr hrs ago the stock was around 39 cents or about 1X earnings - how many stocks trade at 1X? most trade 10X, 20X 50X, 100X these days
and if they hit that 20K, which they state in the press release that's double the earnings. Anyway nice to see the official press release with their guidance
but yes nice pop