Great point! "...the order of 20,000 units was
Post# of 11899
Posted On: 11/21/2012 1:44:53 PM
Re: Wilyfox013 #8506
Great point!
"...the order of 20,000 units was predicated on a detailed sales forecast incorporating wholesale and retail requirements. NO ONE in their right minds would order 20,000 units unless they had a 90 day plan for distribution and revenue accumulation for restocking..."
If we were to assume 1,000 units every week then the inventory would be sold out in about 5 months. Just to be extra conservative, even if they then spent the rest of the year, 7 months selling the same number of units but all revenues went to pay operational costs, then they would still stand to pull in about $2M in earnings for the year, which with a P/E of 50 the fair PPS is above a nickel at least. The future looks bright for RFMK.
GLTY
$RFMK
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