Friday, May 29, 2009 1:27:41 PM
Gave DDRX under $1 to $17 in 1.5 months
Next Micro Cap Play:
Cemtrex, Inc. (CTEI)
http://www.cemtrex.com/index.php
Chart:
http://stockcharts.com/h-sc/ui?s=CTEI&p=D&yr=0&mn=3&dy=0&id=p22207384185
Current Price: $0.51
Market Cap: $17.5 million
Shares O/S: 34.3 million
Shares Float: 8.9 million
Hokie's Comments:
Carbon Credits Legislation just passed. This stock is going to benefit big time starting this year. The stock is already showing it, up to mid 50 cent range from 5 cents in March. Multiple dollars ahead near-term imo.
A recent study released estimates that the world carbon market could be worth $3.1 trillion dollars by 2020. Cemtrex is doing Green DCV (energy efficiency) that generates carbon credits for its customers.
Cemtrex is now marketing a low-level Methane Catalytic Destruction Reactor (MCDR) unit for coal mines. A single full-scale Cemtrex MCDR unit can destroy approximately 5000 tons of low-level methane and generate 90,000 carbon credits per year along with production of pollution-free thermal energy. It will require 48,000 Cemtrex MCDR units to treat all the low-level methane from all US coal mines. "Based on approximate cost of $3 million per MCDR unit, it would take 3-4 years to pay back a typical single unit investment from the sale of carbon credits generated," said Mr. Arun Govil, CEO & President of Cemtrex. "Other units in the market cannot handle low-level methane concentrations and are more expensive, hence we offer a combination of technology and investment return that cannot be duplicated in today's market,"
Foster Wheeler awarded them a contract to design, supply and install an Insitu Carbon Monoxide (CO) analyzer system package. Demand for Carbon related consulting and technology is skyrocketing.
The stimulus bill signed by President Obama includes $14.5 billion for energy efficiency programs, $3.5 billion for renovation and energy efficiency improvements for the Department of Defense, $10 billion for federal loan guarantees on renewable energy systems, $8 billion for environmental remediation, $20 billion to extend renewable energy tax credits, and $11 billion to promote energy efficiency in government buildings and fleets.
Description:
Cemtrex Inc. is a worldwide market leader in manufacturing and selling the most advanced instruments for emission monitoring of particulate, opacity, mercury, sulfur dioxide, nitrogen oxides, etc. and filtration products for the industry. Cemtrex also markets Green DCV, an innovative energy efficiency solution for high-quality green building applications, through optimizing HVAC control systems. Cemtrex provides turnkey services for carbon creation projects from abatement of greenhouse gases pursuant to Kyoto protocol and assists project owners in selling of carbon credits globally. The Company's products are sold to power plants, refineries, chemical plants, cement plants and other industries, including federal and state governmental agencies.
Customers:
BP, GE, Corning, Citgo, Mitsubishi, Foster Wheeler, Dunkin Donuts, Txi, Siemens, Ensco
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