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VEM(TSX) nice day, great outlook, a lot is happening with them.
Forterus--FTER..time to buy again!! Great company
VNARF getting stronger every day, keep your ear to the ground
Pucara is going into profitable territory soon...I'll be feeling the pulse here..
TSX:VEM should show positive results soon- "JV Mine": To develop and mine the underground gold/copper veins at Pucara. It is expected that by the end of 2010, Vena will be able to recover its US$2 million (approximate) invested so far in developing Pucara. The remaining after-tax profit will be divided 50/50 between the two partners.
FTER is on the move: Forterus, Inc. (OTCBB: FTER, FTER message board) has booked $383.9 thousand in net income for 2009 which has satisfied the traders merrily, sending the stock price up. In the unaudited financial statements filed just for the sake of investors, the company indirectly depicted the fourth quarter's gross profit to be $2.276 million representing 60% growth since the third quarter and continuing the stable increase throughout the year. Year on year revenue increase was 43%.
Fourth quarter's net income also topped any previous results by a significant margin, with 435% increase on a year on year basis. $259.6 thousand was 6 times the company's average quarterly profit of 2009. In half a year of business operations the providers of sober living services managed to double their cash reserve to $145 thousand and nearly tripled their current assets to end the year with $1.5 million.
The increase was however attributable to half a million increase in receivables (which is not the best way to strengthen balance sheets) and the addition of $419 thousand in other current assets, which were not disclosed in detail, but clearly are not the most liquid.
Liabilities have naturally grown as well, though the current ratio improved noticeably, ending the year at 1.39 against 0.82, which was witnessed amid 2009. The improvement means Forterus has managed to fix their leverage, thus entitling themselves to more borrowing potential.
All in all, the financials look healthy enough to trigger a significant price growth. Would the company be willing to be a more transparent entity, with current revenues and earnings, it could trade at least $0.30 per share (considering the Specialized Health Services industry's healthy multiples of 0.80 for P/S and 15.6 for P/E).
Reference:
Forterus' A Better Tomorrow Treatment Center
Did you see FTER's move today? WOW
That is my target for FTER
I agree. I grabbed some on friday and also today. We could see .30s soon.
Fter is looking great today.
watching FTER today breaking out on the good news
I appreciate the concern that VEM CEO has for environmental impact. very proactive
Here's VEM(TSX) latest venture..load up at the current range. You always wind up chasing them Chilly! http://ih.advfn.com/p.php?pid=nmona&cb=1264404948&article=40045917&symbol=T%5EVEM
if your all ready on VNARF buy more
I agree.Buy VEM now. Canadian Toronto Xchange is more stable also.
That's what we are here for! FTER sure looks like a teakittle, doesn' it!!
VEM like many of the canadian miners going to be very strong very soon. PM's are the place to be!
FTER VEM (TSX) WAMUQ..all great plays this week...
YES! I'm buying some more VEM!
VEM just waiting to take off
FTER gonna be a monsta!Thanks for the heads up!
Me too great prices, but movin on up!
Been loading amhd.
VEM(TSX) is a screaming BUY!
FTER is ready to kick butt..
FTER I'll put her on radar. Thanks!
FTER is going to make alot of people VERY HAPPY.
VNARF (.30) time to buy!
BZCN big volume spike and movement. Could run....
Good Info on VEM chi11man.
Thank you. Where do you see bzcn going from here?
BZCN New store news.....
BizAuctions Planning 2nd Retail Store
SAN DIEGO, Jan. 20 /PRNewswire-FirstCall/ --
BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks, and returns, announced today that it is in the planning stages to open a 2nd retail store due to the demand for its brand name merchandise
"BizAuctions opened its 1st retail store on May 29, 2009 in the Chula Vista Center in Chula Vista, CA, next to Macy's, and PacSun retail stores, under the name of 'Lucky 7's' to sell its name brand merchandise such as Buffalo and Lucky jeans, Ed Hardy shirts, PING golf and sports apparel, and other name brand clothing that bring a higher price at Lucky 7's versus its customary eBay business model
Due to the availability of popular brand merchandise from our current retail contracts and the continued progress that the Lucky 7's store has made in its 6 months of operations, BizAuctions is in the planning stages to open its 2nd retail location that will allow the Company to sell not only name brand clothing, but also general merchandise, and electronics. We have located the space that is approximately 3,000 sq. ft. in San Diego County that will provide the Company with an excellent 2nd retail location. We will be announcing additional details over the coming weeks on this 2nd location as it is finalized," noted Delmar Janovec, BizAuctions' CEO
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay
More information is available at http://www.bizauctions.com/. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com
VEM in joint venture with Gold Fields. Gold Fields is one of the world's largest unhedged producers of gold with attributable production of 3.6 million ounces(1) per annum from nine operating mines in South Africa, Ghana, Australia and Peru.
VEM is looking to breakout chi11man.
Only got 2 million will be in to scalp 2 million more at the open, I helped start the party without many shares.
Are you going to scalp a few Tuesday morning? I got about all I can carry!
Yes looking like JCDS is going to run.
JCDS Hugh on the Buzz Cloud
http://investorshub.advfn.com/boards/tcloud.aspx
QASP has news..
yes sir Trr.v .83 X .84
TRR.v...It's only started..what did I tell you! TSX stocks are great!
TRR.v is making a good run lars.
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