Making Car Dealerships More Profitable Through "Buy-Here Pay-Here" Programs
Taking Advantage of the Growing Sub-Prime Car Financing Market
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: NEWS - CarBiz Inc. CEO Discusses Recent Acquisition and Company’s Vision

Generic_profile
Rank: [?]
Mail Room
Points: [?]
126
Rating: [?]
Votes: 2 Score: 3.0
  • Currently 3.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: NEWS - CarBiz Inc. CEO Discusses Recent Acquisition and Company’s Vision

posted on Oct 10, 07 09:02AM
Did I read this right?  They paid $18 million for the deal and are expecting to generate $40 million per year in revenue.  I'm curious wht the profit margin on the $40 millino is though.  If I assume 10% profit on $40 mllion... that's $4 million.  That would pay for the aquistion in 4 and a half years.  Not bad... especially for an OTC company.  If they can manage their debt in the early years this thing will definitely be a winner.  Am I wrong on my math?  What does anyone else think?>

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM Twitter. Follow our small but powerful market tips .. Follow and Prosper

President's D.D.

New feature: Hub Presidents can add important links here.