AZG: This presentation is well worth a look at and I can't...

AZG: This presentation is well worth a look at and I can't believe people are overlooking it so much, this company is my number one holding. This Accron acquisition will be terrific once completed the fully diluted potential for FY12 is 281M shares and the forecast Rev is $150M and the NPAT projection for FY12 is $16.5M which would give AZG eps of 5.8 cents or currently 4 times FY12 earnings and they are looking at having $60M in Net Assets and for FY11 with this acquisition I estimate AZG will have about $7.4M NPAT (3.6 from the prospectus and 3.8 from accron) and with maximum dilution would equal PE 9 for FY11 using the current share price of 23 cents and an estimated growth in eps from FY11 to FY12 of 123% $7.4M to $16.5M. Plus these guys from Accron are tied in with the common stock to my delightand they are very experienced and talented.

All my posts represent my personal views only.