NSOMNIYAK CHALLENGE:
AYSI: Great growth. Earned over .04 in Q4 (under 10 forward p/e) and indications are business continues to ramp. Seems to be a favorite w/ the board and, barring unforeseen developments, tight handed shareholders will most likely hold and buy on dips, keeping the stock price stable or higher. Don't own it personally but I like voting for the littlefish board favorite, and AYSI is it.
CHLN: China Housing and Land in the city of Xian, China. I own this personally. FY07 projected EPS of .54, '08 EPS projects at $1.21. Stock currently trades at $4.20? IR (Matt Hayden) told me they have applied for and expect to get an uplisting in the first half of 2008. I've been burned by Chinese OTCBB's so if they get on a better, more credible exchange, I'll be adding.
CNEH: Oil in China. Another head-scratcher. EPS of .08 last Q, a lot of additional production is coming on line this Q, oil in the $90's, China...yet the stock languishes at $2/share, down from the mid-$4? Any rally is sold into. Questions abound about the CEO's massive gifting of shares and the legitimacy of the numbers crunched by CNEH's 24 yr old CFO. I own some at higher prices but will not add at this point. If the numbers are real, CNEH should rise appreciably from here. Stay tuned...
DGLY: Digital Ally. MikeS has a $20 price target on this so who am I to argue? This seems like one of those sexy stocks you wish you bought but never did and watched it go to the moon while you cursed the day you bought something like CXTI instead....Not a bargain on a trailing basis but their products seem to be doing well and a few new products and a few larger contracts and DGLY could really show some great numbers and catch on with the NASDAQ trader crowd....
SVLF: Silverleaf Resorts is purely a valuation play. FY07 EPS of .72, projected EPS of .82 for FY08...and the stock trades at $3.50? Management has a long track record of meeting or beating estimates but the market must think a possible recession leaves '08 numbers vulnerable to downward revision. With the US dollar so low, and with American's insatiable appetite for R & R ever present, maybe people will seek out a domestic timeshare option instead of going abroad to pricier locales? I think the market is banking on disaster and I doubt disaster will happen to SVLF's results...we'll see.
TATTF: They own about $80 million in LIMC stock, yet TATTF's market cap is under $70 million. Not only that, TATTF (minus LIMC) runs a profitable business, has a great balance sheet, and an Isreali investment firm just purchased shares from the CEO for $20, double the current price.
