I think it includes the IPO sales, cause that is part of their income. If you take all this years IPO sales then you get an income that will definately not exceed $750,000. So about 7M left should be just commisions.

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ASMA1 Long 0

You better get your calculator out, because this statment is false.

So how much is it then?

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ASMA1 Long 0

You were right and thanks for posting your calculation. But here's my calculation till now. Could be I missed a few single players or promoted soccer teams but I think these are all the teams from the IPO master schedule this year.

# Team Float Float Dividend reserve Div Average price Average price Total Total Total div Total div Total -total div Total -total div
23 rugby teams Float 300 Dividend reserve 1000 Average price 10 Total 69000 Total div 23000 Total -total div 46000
36 soccer teams (australia, croatia, czech) Float 400 Dividend reserve 1000 Average price 10 Total 144000 Total div 36000 Total -total div 108000
31 female golf players Float 300 Dividend reserve 750 Average price 10 Total 93000 Total div 23250 Total -total div 69750
19 promoted soccer team Float 400 Dividend reserve 1000 Average price 10 Total 76000 Total div 19000 Total -total div 57000
4 Nascar Nextel Series Float 400 Dividend reserve 1250 Average price 10 Total 16000 Total div 5000 Total -total div 11000
8 male golf players Float 300 Dividend reserve 1000 Average price 10 Total 24000 Total div 8000 Total -total div 16000
12 Canada Professional Soccer League Float 600 Dividend reserve 2000 Average price 10 Total 72000 Total div 24000 Total -total div 48000
10 Major League Lacrosse Float 500 Dividend reserve 1500 Average price 10 Total 50000 Total div 15000 Total -total div 35000
73 Tennis players Float 500 Dividend reserve 1250 Average price 10 Total 365000 Total div 91250 Total -total div 273750
10 Busch Series Cars Float 300 Dividend reserve 750 Average price 10 Total 30000 Total div 7500 Total -total div 22500
13 NCAA Baseball Release Float 400 Dividend reserve 1500 Average price 10 Total 52000 Total div 19500 Total -total div 32500
40 soccer teams (norway, sweden, finland) Float 600 Dividend reserve 2000 Average price 10 Total 240000 Total div 80000 Total -total div 160000
20 formula 1 Float 500 Dividend reserve 1500 Average price 10 Total 100000 Total div 30000 Total -total div 70000
30 Nascar racing Float 300 Dividend reserve 1250 Average price 10 Total 90000 Total div 37500 Total -total div 52500

Total team's IPO'ed 329
IPO Income $1,421,000
Initial Divident reserves costs $ 419,000
Income $1,002,000

So I adjust my overall calculation. This year the IPO income will probably not exceed $1,500,000 (I will not use the word definately again). So the income from commissions should be $7,664,500 - $1,500,000 = $6,164,500. Then there would be traded for 20 * $6,164,500 = $123,290,000 worth of derivatives. So this divided by 365 days and 5000 trades a day would give me an average of $67 for a derivative. If you use the 17,300 trades a day ASM appearently has according to Anja's calculation in this thread, then the average price still would be $19,50.

Anyone who thinks that there are more mistakes in the calculation? I appreciate your constructive feedback.
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ASMA1 Long 0

Hocks,

Your turn.





Nice job Tripple. If there's an error, I'm sure we'll know soon.

My turn for what? He agreed that what I pointed out was incorrect. Thats it. So what are you trying to call me out on here, buddy?

I am gonna give this one a try. Because I'm probably right cause Santo didn't reply to the original post and Hocks reply was pretty lame. So here's the post for the ASM forum, hope this one will stay up as well but I don't think it will:

I have a question about the income of ASM. See the announcement below that Chris made. It states a projected income of $7,664,500. From the IPO's they made no more then $2,000,000 this year. So is the rest made from trading commisions? Cause this would be impossible I believe. I meant to say that if they make almost $5,500,000 this year only from the 5% commision they get from each trade (2.5 % on both the sell and buy side). Then there would be traded for 20 (100/5) * $5,500,000 = $110,000,000 worth of derivatives. So this divided by 365 days and 5000 trades a day would give me an average of $60 for a derivative. Or am I making a mistake here? Please prove me wrong.


--------------------------------------------------------
Revised September 17, 2006:

2006 projected income: $7,664,500
(conservative estimate based on simple multiplication of Q1/Q2 2006 results)

Using NDAQ P/E (49.71 on this posting): $3.81/share – 2006
* NASDAQ

Using CME P/E (46.60 on this posting): $3.57/share – 2006
* Chicago Mercantile Exchange


Based on: 100,000,000 shares outstanding

Chris

LONG 25,627,678 ASM:ASMA1

-------------------------------------------------------

For the period April 1, 2006 - June 30, 2006 (Q2 2006):

196,225 trades were executed involving 1,577,628 Sports Derivative contracts totaling $9,439,439.11 (USD).


Chris P. Rabalais
President/C.E.O.
AllSportsMarket.com
September 17, 2006
1:37 P.M. U.S. Eastern

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ASMA1 Long 0

haha never ceases to amaze me

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I added this for the people who don't want to think about calculating my first point. Cause this one doesn't need that much calculation:


'For the period April 1, 2006 - June 30, 2006 (Q2 2006):

196,225 trades were executed involving 1,577,628 Sports Derivative contracts totaling $9,439,439.11 (USD).'

1,577,628 derivatives within a period of 3 months (91 days).
That's:

1,577,628 : 91 = 17,300 (approx.) a day.

Don't think that's the daily number of sports derivatives traded in that period also. Can someone please explain this to me also?

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ASMA1 Long 0

im sure that was/will be deleted in 0.000008 seconds from ASMs forums

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