FFEX

Frozen Food Express Industries Inc.

NASDAQ

Add Alert

FFEX

Frozen Food Express Industries Inc.

NASDAQ

Add Alert

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

DeadCellShadix Free

07/15/13 4:21 PM

Post #47

Re: #46: @declaes - 500 000 buy atvask 2,08 just a minute

What do you mean something coming? The company has agreed to sell all of its common shares for $2.10..

declaes

07/15/13 10:24 AM

Post #46

500 000 buy atvask 2,08 just a minute ago... Something comming?

Andy68

02/28/13 4:37 PM

Post #45

FFEX is moving nicely. up, up, and away...

downsideup Free

02/26/13 5:40 AM

Post #44

Re: #42: @Andy68 - who was the promoter for this stock?

It's a chart.

Andy68

02/23/13 7:27 PM

Post #43

Re: #35: @CowBoE - Apr~June Seems to be Best Months for FFEX

nice call. it does look like FFEX has closed the gap. Now, where do you see it going from here?

Andy

Andy68

02/23/13 7:24 PM

Post #42

Re: #24: @downsideup - Not yesterday... that's the weekly total from last week.

who was the promoter for this stock? do you know? or is this just message board chatter?

just wondering,
Andy

Andy68

02/23/13 5:54 PM

Post #41

what's the sentiment on this, now that the gap has been closed? a little accumulation and then another leg up?

just wondering,
Andy

Chodeadactyl Free

02/14/13 1:57 PM

Post #40

Re: #39: @CowBoE - All out at $.99.

1.50's Up

CowBoE

01/22/13 12:23 AM

Post #39

Re: #38: @Chodeadactyl - .97's

All out at $.99.

Chodeadactyl Free

01/18/13 10:22 AM

Post #38

.97's

CowBoE

01/18/13 10:16 AM

Post #37

Nice pop to $.97. Out 70%...riding 30%.

CowBoE

01/01/13 11:50 PM

Post #36

Re: #31: @Rawnoc - FFEX -- talked to IR. They say the

Oil & Fuel prices have come down.

Wonder how the 4Q is going.

CowBoE

12/30/12 7:51 AM

Post #35

Apr~June Seems to be Best Months for FFEX
in terms of share price spikes.

It'll take bit of patience, but I think FFEX will fill the gap back
to $1.50 by late spring to early summer.

CowBoE

11/15/12 3:26 PM

Post #34

There were a ton of shorting selling and they have to cover eventually in this thinly traded stock.

I suspect we'll see a bounce to $1.20 or above in the near future.

Because it's oversold and shorts have to cover to profit, and there aren't that many sellers or buyers in this thinly traded stock.

CowBoE

11/15/12 8:41 AM

Post #33

50% drop is way too much.

Looks like improvement in overall operation cost, very unusual selling on this stock over a minor drop in 3Q revenue.

I'm picking up as many shares as I can near .81 to .82.

Rawnoc

10/18/12 3:21 PM

Post #32

Re: #31: @Rawnoc - FFEX -- talked to IR. They say the

Judging by the past 3 quarters....looks like absolute worst case fuel costs are $1 million worse than fuel surcharge expected and even that would be a shock.

I'd be surprised if EPS is under .07, annualized PE under 7 for a listed stock, outlook for much better.

Rawnoc

10/18/12 3:21 PM

Post #31

FFEX -- talked to IR. They say the ONLY reason the EBITDA slide was pulled off of the most recent presentation was because the CFO was unable to attend that particular presentation and would be the one to answer questions regarding financials so they decided to pull that from the slides for the sole reason that he wouldn't be there to answer questions about it.

I was further informed that as of that presentation the EBITDA comfort level was still within the $5 to $7 million EBITDA range, but he couldn't comment further as he's seen the final numbers already.

It was also mentioned that the only variable that's unpredictable at this point is fuel costs. He didn't think the drought had a material impact on them in terms of reefer rates. He also didn't think the heat wave would have a material effect on fuel costs but would get back to me on that.

He also mentioned the difference between 2 year old fleet and 3 year old fleet has a dramatic impact on gas mileage ironically and that their fleet being maintained as new is consuming a lot less fuel than when it was maintained at 3+ years old.

Finanlly it was mentioning, though a bit early to quantify for sure, that a positive additional effect of the driver's school is a reduced acccident and claims cost associated with the new drivers out of the school then the drivers they hire from outside of the company.

Bottom line -- only thing we have to worry about is fuel surcharges lagging behind sudden spikes in fuel prices.

downsideup Free

10/03/12 12:32 PM

Post #30

Re: #29: @downsideup - And, speaking of charts...

I'll look at it again, maybe for a bounce, at $1.39...

This was a pretty decent technical pick back in July... but, don't see that it has much going for it now...

Right now, there's hardly any point in doing DD on this thing, given the overwhelmingly negative patterns in the charts...

With just a quick look, though, I've found a good number of problems that seem they're not currently being addressed in the DD effort here.

downsideup Free

10/03/12 12:25 PM

Post #29

Re: #27: @downsideup - Just looking at the charts... and they're showiing

And, speaking of charts...

Yeesh...

Rawnoc

10/03/12 12:21 PM

Post #28

Re: #27: @downsideup - Just looking at the charts... and they're showiing

ROFL!!!! FFEX total trading volume last week was PISS:

Sep 28, 2012 2.00 2.07 1.90 1.99 105,700 1.99
Sep 27, 2012 2.00 2.08 1.98 2.01 69,300 2.01
Sep 26, 2012 1.98 2.05 1.98 1.98 26,300 1.98
Sep 25, 2012 2.08 2.08 1.98 1.99 32,600 1.99
Sep 24, 2012 1.98 2.10 1.98 2.03 45,400 2.03

http://finance.yahoo.com/q/hp?s=FFEX+Historical+Prices

You must be confused with some other pinksheet garbage. FFEX averages less than 100,000 in volume a day. 4.6 million shorted last week? ROFL!!!

downsideup Free

10/03/12 12:15 PM

Post #27

Re: #26: @Rawnoc - Last week? ROFL!!!! It hasn't traded

Just looking at the charts... and they're showiing 4.58 million shares shorted last week... ??

I don't have a reason to think the charts are wrong...

Also don't have a reason to think that scams are confined to the pink sheets... given plenty of proofs that the listing exchange has virtually ZERO relevance in validating management intent...

I'm only starting my DD here... but, don't like it very much that the first couple of issues I've looked at indicate issues... suggesting an effort in "fluffing" over problems with an effort in promotion.

Rawnoc

10/03/12 12:06 PM

Post #26

Re: #24: @downsideup - Not yesterday... that's the weekly total from last week.

Last week? ROFL!!!! It hasn't traded 4.6 million the entire month of September.

You must be thinking of some non-SEC reporting pinksheet trash and have the wrong ticket. FFEX trades on the NASDAQ.

Rawnoc

10/03/12 12:05 PM

Post #25

Re: #23: @downsideup - In your post, you said they'd been manipulating

Dead wrong. Their depreciation method is within GAAP accounting rules and just proves to be overly conservative.

There is no fictional gain. It's just a wash that their GAAP-legally-chosen method of depreciation tends to book depreciation faster than the asset depreicates in the real world. This is actually very common with depreciation across most fully reporting companies.

downsideup Free

10/03/12 12:00 PM

Post #24

Re: #21: @downsideup - Looks to me like there's a reason someone

Not yesterday... that's the weekly total from last week.

Looks like this thing has been being run up on questionable promotion, and now is being shorted...

downsideup Free

10/03/12 11:57 AM

Post #23

Re: #22: @Rawnoc - LOL please state what accounting irregularity there is.

In your post, you said they'd been manipulating the accounting in the depreciation of equipment, and then selling the equipment while claiming a fictional gain...

The exact words were:

"Keep in mind -- they have sale of equipment every quarter and Q2 was in line with all of the previous quarters.

"There's a reason for that -- they depreciate too much too fast (study the filings for this) then always have a gain on sale of equipment every single quarter. It's become a wash over time especially now that their truck turnover rate is so high.

"So you can't take out the gain on sale of equipment due to over-expensing depreciation while keeping in the over-expensing of depreciation especially when it happens every quarter. In short, keep it in -- it's a wash."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80166277

Rawnoc

10/03/12 11:51 AM

Post #22

Re: #20: @downsideup - On top of the accounting irregularities you noted

LOL please state what accounting irregularity there is.

Sounds like almost as much nonsense as a 4.5 million share short on a day FFEX barely even traded.

4.5 million? ROFL!!!!!

I think you got the wrong ticker, dude.

downsideup Free

10/03/12 11:48 AM

Post #21

Re: #20: @downsideup - On top of the accounting irregularities you noted

Looks to me like there's a reason someone shorted 4.6 million shares of this thing yesterday...

downsideup Free

10/03/12 11:48 AM

Post #20

Re: #18: @Rawnoc - FFEX fuel surcharge up 3% since yesterday on

On top of the accounting irregularities you noted on another board... they're also gouging customers on bogus fuel surcharges ?

Fuel prices in a free fall... and they're charging MORE ?

Kaylee11

09/03/12 2:07 PM

Post #19

FFEX will have a huge week after a red Friday. 2.40 is a bargain for this stock. Huge potential!

Rawnoc

08/28/12 10:37 AM

Post #18

FFEX fuel surcharge up 3% since yesterday on reefer trucking (based on my sampling)

Rawnoc

08/26/12 6:27 PM

Post #17

"expect to post near break-even results for 2012"

~~begins around 19:50 in the CC

"Q -- should we be expecting break-even to maybe slightly profitable for the full year?
A -- that's a good expectation. Our Q2s and Q3s in the warmer weather usually do better so it's harder to give incremental improvement in Q4 sometimes so we're being real conservative there"

~~begins around 26:50

http://financials.ffex.net/events.cfm

Break-even = +.26 EPS for 2nd half 2012
"real conservative" = me smiling ear to ear as I load.

Based on their ratio targets as another poster pointed out, it seems like they're targetting average .20 to .25 EPS per Q or .80 to 1.00 per year for a stock trading under $2.00.....

Tangible book value 2.42/share as of last quarter. Still trading under $2.00 with explosive earnings coming? Heck, even annualizing last Q makes the price still cheap. Heeeeeello lol.

No brainer risk/reward IMO.

Rawnoc

08/26/12 3:43 PM

Post #16

Reefer Truck Shortages Boost Rates

http://www.joc.com/cool-cargoes/capacity-squeeze

"...the produce season will tighten capacity — especially refrigerated truck capacity — and push up pricing as it shifts from region to region throughout the summer."

http://www.idstransportation.com/news/trucking-capacity-reaches-tenuous-equilibrium-1

"Shippers of temperature-controlled products...About 92 percent of respondents said they were impacted in some way by capacity shortages. Of those, 37 percent said the impact was "significant to extreme."....Not surprisingly, as capacity goes, so go freight rates"

"...the margins on reefer shipments are higher and because there have been few shipping alternatives to truck."

http://www.dcvelocity.com/print/article/20120307-frozen-out-shippers-of-temp-controlled-goods-cite-capacity-as-top-concern

Rawnoc

08/24/12 12:35 PM

Post #15

FFEX going to EXPLODE IMO. Here's why:

(1) FFEX earned .06 EPS last Q and guidance implies .26 EPS for the 2nd half of the year. If they hit their guidance, which I think they'll easily beat, FFEX should explode fast.

(2) FFEX is a huge turnaround story. After 4 years of restructuring, cost cutting, selling off unprofitable assets and investing in profitable ones, FFEX earned their first profitable Q last quarter since the recession began in 2008 with guidance of "conservative" (their words) of +.26 EPS for the 2nd half of the year or +.52 annualized. FFEX used to trade over $10 and pay a dividend along with a share buyback and even over $4 just last year. In short, management has a long history of success so I expect this successful turnaround to accelerate.

(3) Industry demand plus a industry capacity shortage suggests earnings and growth will continue for some time. Management expects continued profitability.

(4) There is a lot of institutional following and ownership. I think once these earnings coming come out, the stock will make a quick since it's already on many radars but many people may not be understanding the guidance figures and how easily they are attainable based on the success FFEX had mapped out and executed.

(5) FFEX has a small float of 12.19 and trades under book value.

(6) FFEX has a tiny but exploding niche in water transportation for the fracking industry that just started the end of last year, but it has very high margins and growth. From the 10Q: "Water transport services revenue grew approximately 60% compared to the first quarter of 2012 and 290% compared to the fourth quarter of 2011, which was the first full quarter of operation."