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| Member Join Date: Jul 2007
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![]() | TNRO.OB Terra Nostra Resources Corp. Monday OTC'S are not known for press releases listing information as to when the official earnings release is to be given. This is a good sign. Terra Nostra is the leader in percentage gains in the Copper Industry, hands down. On a down day for the Dow, TNRO's shares increased in value by over 12% Go to yahoo finance, then investments, then industries, then type in TNRO.OB to the far right, then click on leaders and laggards to the far left. Check it out. The tape tells all. When compared to the other copper producers, TNRO's price performance leads the pack. The current market value per share has been estimated to be over seven dollars per share by experienced fundamentalists and this proclamation was obtained using consertave measures. Why would an OTC company make an announcement giving the date of earnings to be released if they were not going to be inline with the estimates listed below? Are they attempting to auger a panic selloff by retail investors and large hands? I doubt this strongly. This would severely affect the reputation of Terra Nostra, and would possibly take them back down to under two dollars. Common sense lends me to lean heavily on the concept that because Terra Nostra is growing at a very fast pace the earnings release will reflect just that and in great measure. China is the leading consumer of Copper. Terra Nostra's factories are next to Shanghai. The trend is your friend. I am looking forward to Monday. When you get to the industries board and you see Terra Nostra, click on the name, not the symbol and it will pull up the company information. Check out what the top directors are making a year. It looks like they are not greedy and have a vision in mind. I want to be a part of this vision. Read below for a researched estimate of what the numbers are going to look like on Monday. Thank you for reading this lengthy post. Qtr over Qtr Growth 3rd Q 07: Q3 Revenues Overall: $ 41,254,575 Gross Profit/(loss): $ (1,262,997) Oper Profits/(loss): $ (3,110,769) Net Profits/(loss) : $ (7,564,094) - (.15) **4th Q 07: Q4 Revenues Overall: $133,300,000 Gross Profit/(loss): $ 13,477,733 Oper Profits/(loss): $ 4,877,123 Net Profits /(loss): $ (1,406,000) - (.03)EPS **Q4 Consolidated into 10K - Annual Report 1st Q 08 *Q1 Revenues (est): $220,000,000 *Gross Profit/(loss) $ 26,000,000 - Based on improving capacity utilization & margins - 10% prior Qtr Gross Margin *Oper Profits/(loss) $ 15,500,000 *Net Profits - est. $ 10,800,000 - Significant reduction in Interest Expenses - Imputed from granting of options & Financing costs *EPS .18 -vs- (.03) Q4 - 2007 * - estimated __________________________________________________ ___ _______ PE avg Copper Industry: 9.9 - Source Yahoo Basic Materials Sector Overview EPS .18 Per Qtr - assuming no Q over Q growth - very conservative 2008 EPS = .72 x 9.9(PE) = $7.12 CURRENT FAIR VALUATION __________________________________________________ ___ _______ Company Projected Growth - Revenues - Profits 2007 - $ 311,105,145 - $ 1,572,424 - (Actual: $284,852,994 - Oper Profit: $1,766,354 *2008 - $1,158,284,359 - $ 79,722,709 *2009 - $1,480,733,743 - $ 114,184,567 *2010 - $1,537,859,862 - $ 107,570,159 *estimated Company Projections Lots of big spenders in on this one through earnings. |
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![]() | News out In order for TNRO to hit $6/share this writer said they need to report a quarterly profit of $6.5 Million to $7 million and that would be at a respectable multiple of 20...well, they doubled that so double digits is not unreasonable imo and if it goes anywhere to a multiple of 50 like all the other Chinas then we have a monster here imo... Terra Nostra Resources: Sending The Right Signal - Seeking Alpha Re: Hey Earnings out! strong buy |
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![]() | correction; but still beats seeking alpha's estimate. Correction; the net profit for this last quarter is 7.2 mil, operating profit of over 13 mil, which still beats the estimate produced by the author of this reputable blog seeking alpha. We are near to full operations. Sales force will increase. Many of the raw materials needed for the final product are produced by the company itself. TNRO is adding to it's type of metal products produced. Sometime by the end of December, 2007 TNRO is acquiring nearly the remaining business of, "Shandong Quanxin Stainless Steel Co., Ltd., a modern stainless steel production facility with a 230,000 MT capacity casting mill, and a 150,000 MT rolling mill. The two joint venture companies, which Terra Nostra recently entered into an agreement to increase its ownership to 90%, with total assets of US$180 million and over 1,000 employees, are located in the highly industrialized coastal province of Shandong, midway between Beijing and Shanghai. More information on Terra Nostra can be found at http://www.tnr-corp.com". TNRO already has a 51% interest in SQSS and the current revenues are based on this 51% stake. |
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