tag:blogger.com,1999:blog-7294165939647321702.post6228978200037254971..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: I Double You, G!Saj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7294165939647321702.post-83290068676434256812015-05-20T06:47:57.296-04:002015-05-20T06:47:57.296-04:00Saj,
Thanks for the idea.
Had a quick look, but ...Saj,<br /><br />Thanks for the idea. <br />Had a quick look, but seems the company is not creating any additional value by growing.So I see no scale effects.<br />Seems also very correlated to overall state of economy.<br /><br />2007:<br />Sales $4,5m<br />Net $808k<br />depr. $ 50k<br />capex $ 65k-<br />FCF $793k<br /><br />2014<br />Sales $7,4m<br />Net $970k<br />depr. $292k<br />capex $ 526k-<br />FCF $736k<br /><br /><br />Regards,<br /><br /><br />Sjoerd<br />Anonymousnoreply@blogger.com