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.
I was only 6 years off lol....The Rainmaker Member Level Tuesday, 01/24/12 07:03:53 PM
News coming and the float is locked down. All kinds of form 4 buys and ready to run to $4 imo.
$CHCI check all the form 4 insiders purchases at end of year. Also buying back shares from outside ownership. Looking for a monster move here. 5,000 share buy at ask moves it up 10%.
$3.50 today.. imo
CHCI > Homebuilder 1.57M float
http://stockcharts.com/h-sc/ui?s=CHCI&p=D&yr=1&mn=0&dy=0&id=p65286592647
$CHCI recent news/filings
bullish
## source: finance.yahoo.com
Thu, 10 Sep 2015 15:35:48 GMT ~ Comstock Holding Cos., Inc. Earnings Q2, 2015
read full: http://www.capitalcube.com/blog/index.php/comstock-holding-cos-inc-earnings-q2-2015/
*********************************************************
Thu, 27 Aug 2015 17:04:10 GMT ~ COMSTOCK HOLDING COMPANIES, INC. Financials
read full: http://finance.yahoo.com/q/is?s=chci
*********************************************************
Fri, 14 Aug 2015 21:55:13 GMT ~ COMSTOCK HOLDING COMPANIES, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/150814/chci10-q.html
*********************************************************
Fri, 14 Aug 2015 20:51:07 GMT ~ Comstock Holding Companies Announces Second Quarter 2015 Results
[at noodls] - Comstock Holding Companies Announces Second Quarter 2015 Results
read full: http://www.noodls.com/view/B1F7F8920A1804A8AAA2E220F58A14C4C80C3CE1
*********************************************************
Fri, 14 Aug 2015 20:30:00 GMT ~ Comstock Holding Companies Announces Second Quarter 2015 Results
[Business Wire] - Comstock Holding Companies, Inc., , today announced financial results for the three and six months ended June 30, 2015.
read full: http://finance.yahoo.com/news/comstock-holding-companies-announces-second-203000435.html
*********************************************************
$CHCI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$CHCI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/CHCI/company-info
Ticker: $CHCI
OTC Market Place: Not Available
CIK code: 0001299969
Company name: Comstock Holding Companies, Inc.
Incorporated In: DE, USA
$CHCI share structure
## source: otcmarkets.com
Market Value: $13,135,831 a/o Sep 11, 2015
Shares Outstanding: 20,850,526 a/o Aug 14, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$CHCI extra dd links
Company name: Comstock Holding Companies, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CHCI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CHCI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CHCI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/news - http://finance.yahoo.com/q/h?s=CHCI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CHCI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CHCI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CHCI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Comstock+Holding+Companies%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Comstock+Holding+Companies%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Comstock+Holding+Companies%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CHCI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001299969&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CHCI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CHCI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CHCI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CHCI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CHCI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CHCI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CHCI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CHCI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CHCI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CHCI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CHCI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CHCI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CHCI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CHCI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CHCI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CHCI
$CHCI DD Notes ~ http://www.ddnotesmaker.com/CHCI
Fancy seeing you here. Picked this one up on my scanner. SS is sooo healthy, very low float at 9mill, 23% of the float is still being shorted, Good news and buying pressure could cause a nice squeeze here$
$CHCI recent news/filings
bullish
## source: finance.yahoo.com
Mon, 18 May 2015 19:25:54 GMT ~ COMSTOCK HOLDING COMPANIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Unregistered Sale
read full: http://biz.yahoo.com/e/150518/chci8-k.html
*********************************************************
Fri, 15 May 2015 21:10:25 GMT ~ Comstock Holding Companies Reports First Quarter 2015 Results
[at noodls] - Comstock Holding Companies Reports First Quarter 2015 Results
read full: http://www.noodls.com/view/F8E4505AC33B72A7F39BE9AD0E4F7D3AE083E4F7
*********************************************************
Fri, 15 May 2015 20:48:18 GMT ~ COMSTOCK HOLDING COMPANIES, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/150515/chci10-q.html
*********************************************************
Fri, 15 May 2015 20:30:00 GMT ~ Comstock Holding Companies Reports First Quarter 2015 Results
[Business Wire] - Comstock Holding Companies, Inc., , announced results for the first quarter ended March 31, 2015:
read full: http://finance.yahoo.com/news/comstock-holding-companies-reports-first-203000883.html
*********************************************************
Fri, 01 May 2015 21:29:15 GMT ~ Comstock Holding Companies Announces New Private Offering
[at noodls] - Project Equity Partnership to Fund Comstock's Newest Community in Loudoun County, Virginia Capital Raise Will Assist Company in Regaining Compliance With NASDAQ Listing Requirements WASHINGTON & RESTON, ...
read full: http://www.noodls.com/view/D3D3F54452EC0B8F667EDBE0EF947CADC522F64A
*********************************************************
$CHCI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$CHCI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/CHCI/company-info
Ticker: $CHCI
OTC Market Place: Not Available
CIK code: 0001299969
Company name: Comstock Holding Companies, Inc.
Incorporated In: DE, USA
$CHCI share structure
## source: otcmarkets.com
Market Value: $9,683,459 a/o May 18, 2015
Shares Outstanding: 18,622,036 a/o Apr 14, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$CHCI extra dd links
Company name: Comstock Holding Companies, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CHCI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CHCI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CHCI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/news - http://finance.yahoo.com/q/h?s=CHCI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CHCI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CHCI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CHCI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Comstock+Holding+Companies%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Comstock+Holding+Companies%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Comstock+Holding+Companies%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CHCI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001299969&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CHCI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CHCI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CHCI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CHCI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CHCI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CHCI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CHCI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CHCI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CHCI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CHCI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CHCI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CHCI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CHCI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CHCI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CHCI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CHCI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CHCI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CHCI
$CHCI DD Notes ~ http://www.ddnotesmaker.com/CHCI
GREAT NUMBERS GREAT COMPANY WITH BIG FUTURE WHY NOBODY INTRESTING
All I know is, this thing's headed for a ch ch ching soon, based on the charts....
I was into it, way back when it was below a dollar. Sold my shares and made a sizeable profit....
Looking at the charts, no matter how I "time spread" them, tells me this thing's going to jump higher soon, with some sort of housing recovery type news.....
Looking to buy some on monday......
indeed awesome. I bought more this morn. Feeling optimistic about chci.
CHCI } awesome numbers. The DC area real estate market is the hottest in the nation because of Gov job market.
HCI moving manana...hog
http://geoinvesting.com/companies/chci_comstock_holdings/research/comments_business_outlook/0045814
August 13, 2013 04:05 PM Eastern Daylight Time
Comstock Holding Companies, Inc. Reports Second-Quarter 2013 Results
•2Q homebuilding revenue of $12.0 million compared to $3.8 million in Q2 last year
•2Q net income from continuing operations of $0.1 million compared to net loss of $(1.9) million last year
•Net new home orders increased to 77 for the first six months of 2013 compared to 34 in the prior year
•Backlog of $18.8 million at quarter-end, up from $1.5 million one year earlier
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (NASDAQ: CHCI) (“Comstock” or the “Company”), a homebuilding and multi-faceted real estate development and services company in the Washington, D.C. metropolitan area, today announced results for the second quarter of 2013, ended June 30.
“We anticipate that our production cycle will normalize by early 2014, as critical subcontractor trades increase their workforce to meet the resurgent demand in the Washington, D.C. market. The demonstrated demand for our products, tightening inventory and improved market pricing trends bode well for a 2014.”
.
Business Update
“For the second consecutive quarter, our homebuilding revenue for just three months approximated the homebuilding revenue we generated for the full year 2012,” remarked Chairman and CEO Christopher Clemente. “These results reflect the rebounding demand for new homes in the Washington, D.C. area and the positive response to the new communities and products Comstock is bringing to market.
“Sales at our open communities continue to reflect increased demand for new homes and the reduced inventory of existing homes for sale. Our robust sales in the first half of 2013 enabled us to generate total first-half revenue of $23.8 million, significantly outpacing last year’s results, while generating current backlog as of August 13th of $23.2 million on 52 pre-sold units.
“However, delays in permitting for our newer projects and the well-publicized shortage of skilled labor have resulted in what we believe are temporary production cycle delays. We are now projecting settlements of 125-130 units with a significant number of these settlements to occur in the fourth quarter of 2013. As a result, we expect to report revenue from our homebuilding operations to approximate $64 million and break-even or marginal profitability for 2013.”
Clemente added, “Returning Comstock to profitability for 2013 while positioning for additional growth and profitability in 2014 remains a top priority. We are confident in the steps we have taken to position Comstock for further growth in 2014 and look forward to opening additional communities that will build on the progress we have made this year. Recently, we started site development at two new communities: The Townes at Shady Grove Metro (36 townhouses located in Rockville, MD) and Falls Grove (19 single family homes and 110 townhomes located in Manassas, VA). We are also preparing to commence work on additional projects in Loudoun County, VA and Frederick, MD, with the goal of having seven active communities by early 2014.
“We anticipate that our production cycle will normalize by early 2014, as critical subcontractor trades increase their workforce to meet the resurgent demand in the Washington, D.C. market. The demonstrated demand for our products, tightening inventory and improved market pricing trends bode well for a 2014.”
Second-Quarter 2013 Financial Results
Net new orders of homes increased to 44 for the three months ended June 30, 2013 from 14 in the prior year. For the six months ended June 30, 2013, net new orders increased to 77 from 34 in the prior year. The improved order trends resulted in increased backlog of 43 units (representing $18.8 million in revenue) for the six months ended June 30, 2013 compared to eight (representing $1.5 million in revenue) in the prior year. Average backlog price increased to $438,000 from $187,000 in the prior year.
Total revenue for the second quarter of 2013 totaled $12.2 million ($12.0 million from 22 home settlements) compared to $4.2 million ($3.8 million from 12 home settlements) for the 2012 second quarter. The Company reported net income from continuing operations of $0.1 million for the second quarter of 2013 compared to a net loss from continuing operations of $(1.9) million for the same period in 2012. In the second quarter of 2013, net loss attributable to Comstock Holding Companies totaled $(0.8) million, or $(0.04) per diluted share, compared to $(3.1) million, or $(0.15) per diluted share, in the prior-year period. The 2012 period included a loss of $(1.2) million within net (loss) income from discontinued operations resulting from the tax impact of the $19.35 million sale of Cascades Apartments, the Company’s first investment grade multi-family property. The Company’s first-quarter 2013 results reflected the reversal of an impairment charge of $0.7 million reflecting increased sales activity at its Eclipse project, which was fully settled and exited by the Company in the second quarter of 2013.
yes chci is a nice one
I'm in here at 2.82. Chart looks wound up and seems to breaking to the upside of the triangle it's been in. Hoping CHCI makes a nice move here.
Recent news seems encouraging:
http://www.dailyfinance.com/2013/07/23/comstock-opens-townes-at-the-hampshires/
"Early sales of The Townes at the Hampshires have been strong," reports Comstock spokesperson Maggie Parker
I like the CHCI stock, better than the mining co
but mamma has a different opinion
MAMMA SAYS PUMPER DUMPERS IS BAAAD PEEPLES
MAMMA DONT LIKE PUMPER DUMPERS
CHCI. pennystockresearch.com likes CHCI. Says it's a comer.
Do I dare invest after my latest fiasco's ? Once burned - twice shy.
Scared money I think they call it. Moral support anyone ?
Liking the PM volume. Looking for a break of $2.00
<<< $CHCI Links! >>> ~ MAC's Quick DD Links without the charts.
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/CHCI
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/CHCI/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/CHCI/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/CHCI/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/CHCI/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/CHCI/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/CHCI/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/CHCI/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/CHCI/research
Google Finance Summary ~ http://www.google.com/finance?q=CHCI
Google Finance News ~ http://www.google.com/finance/company_news?q=CHCI
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=CHCI
Google Finance Financials ~ http://www.google.com/finance?q=CHCI&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=CHCI
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=CHCI&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=CHCI+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=CHCI+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=CHCI+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=CHCI
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=CHCI+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=CHCI+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/CHCI
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/CHCI
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=CHCI+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=CHCI+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=CHCI+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=CHCI+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=CHCI+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=CHCI+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=CHCI+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=CHCI+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=CHCI+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=CHCI+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=CHCI+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=CHCI&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=CHCI
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=CHCI
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=CHCI
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=CHCI
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=CHCI
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=CHCI&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=CHCI&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/CHCI?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/CHCI
Barchart Options Quotes ~ http://barchart.com/options/stocks/CHCI
Barchart Technical Chart ~ http://barchart.com/charts/stocks/CHCI&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/CHCI&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/CHCI
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=CHCI
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/CHCI
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/CHCI
Barchart News Headlines ~ http://barchart.com/news/stocks/CHCI
Barchart Profile ~ http://barchart.com/profile//CHCI
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=CHCI&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CHCI&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CHCI&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CHCI&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/CHCI/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/CHCI/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/CHCI/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/CHCI/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/CHCI
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/CHCI/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/CHCI/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/CHCI/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/CHCI/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/CHCI/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/CHCI/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=CHCI&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=CHCI
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=CHCI
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=CHCI&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=CHCI
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=CHCI
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=CHCI&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=CHCI.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=CHCI®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/CHCI
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/CHCI/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/CHCI/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CHCI/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=CHCI&selected=CHCI
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=CHCI&selected=CHCI
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/CHCI/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/CHCI/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/CHCI/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/CHCI/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/CHCI/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/CHCI/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/CHCI/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/CHCI/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/CHCI/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/CHCI/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/CHCI/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/CHCI/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/CHCI/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/CHCI/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=CHCI&selected=CHCI
NASDAQ Financials ~ http://www.nasdaq.com/symbol/CHCI/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/CHCI/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/CHCI/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/CHCI/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CHCI/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/CHCI/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/CHCI/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/CHCI/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/CHCI.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/CHCI/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/CHCI/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/CHCI/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/CHCI/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/CHCI/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/CHCI/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=CHCI
YCharts ~ http://ycharts.com/companies/CHCI
YCharts Performance ~ http://ycharts.com/companies/CHCI/performance
YCharts Dashboard ~ http://ycharts.com/companies/CHCI/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=CHCI&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=CHCI&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=CHCI&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=CHCI
Zacks Quote ~ http://www.zacks.com/stock/quote/CHCI
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=CHCI
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=CHCI
Knobias ~ http://knobias.10kwizard.com/files.php?sym=CHCI
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=CHCI
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/CHCI/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=CHCI&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=CHCI®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=CHCI®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=CHCI®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=CHCI®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=CHCI®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=CHCI
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=CHCI
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=CHCI&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=CHCI&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=CHCI
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=CHCI&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=CHCI
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=CHCI
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=CHCI
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=CHCI
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CHCI
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=CHCI
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=CHCI
Investorpoint ~ http://www.investorpoint.com/ enter "CHCI" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "CHCI" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=CHCI
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=CHCI
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=CHCI
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=CHCI
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=CHCI
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "CHCI" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=CHCI&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=CHCI
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=CHCI
Check those searches for recent CHCI mentions. If CHCI is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
~ Friday! $CHCI ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $CHCI ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=CHCI&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=CHCI&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=CHCI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CHCI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CHCI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CHCI
Finviz: http://finviz.com/quote.ashx?t=CHCI
~ BusyStock: http://busystock.com/i.php?s=CHCI&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CHCI >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Looks like the next leg starting here...could push to $4 up to earnings.
in march we will get earnings and i see here good consolidation
Feb 2$ break will come
a little bi me consolidation till next leg up this will bring us over 2$
close near hod on a friday very nice
close at hod were nice
chci move up again next leg this will brake soon 2$
Bottom in with bid support showing up now...will run hard here with a little volume!
New shows a lot of revenue generating project to complete in 2012!!!
NEWS
Nice progress being made.
http://ih.advfn.com/p.php?pid=nmona&article=50927169
Best of Wealth
nice chart bought today more in germany
Could get a jolt here tomorrow morning depending on whether Obama talks about mortgage deal of some type in tonights State of the Union Speech. Senators not liking all that toxic Fannie/Freddie paper rotting on governments books. Debt forgivness of some type included in his speech tonight this stock goes nuts. I've seen some rumors saying he is going to do this tonight.
Nice day here today CHCI! Nice consolidation with bid support building, and ask thinning. One to two more days and it could bust loose again. So undervalued here.
i think the down on friday is just from some people taht bought in at 1 oder 1.1$ and take profit! all weakness is a chance to get more shares
There must have been some kind of options expiring Friday, someone was playing games trying to take this down on Friday. Seems to have bounced right back up today. They should announce the date for earnings in the next few days.
CHCI looking strong again...end of week sellers gave some on the sidelines buy opportunities on Friday!
Followers
|
23
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
496
|
Created
|
07/18/08
|
Type
|
Free
|
Moderators |
Building on a solid foundation since 1985.
Comstock Homebuilding Companies, Inc. (Comstock Homebuilding) is a publicly traded company listed on NASDAQ under the ticker symbol: CHCI. Comstock Homebuilding is a diversified real estate development and construction services company focused on the Washington, DC marketplace. Comstock Homebuilding develops residential and mixed-use communities as for-sale communities and as rental properties under the Comstock Homes brand. Our Comstock Contracting subsidiary provides a wide range of construction management and general contracting services to REO managers and other third party property owners.
The Comstock Homebuilding team has significant experience in all aspects of real estate development, construction, property management and finance. Having developed virtually every type of residential property, including single family, townhomes, mid-rise and high-rise condominium and apartment buildings, as well as mixed-use and community-use buildings, the Comstock Homebuilding team of professionals posses the experience necessary to manage the most complex real estate development situations and to develop solutions designed to create long term value for all stakeholders.
Our long record of success in developing solutions for complex real estate development challenges has positioned Comstock Homebuilding as a prominent real estate developer and homebuilder in the Washington, D.C. marketplace and earned the Comstock organization a reputation for producing results that are Worthy of the Investment.
Business Summary |
---|
Comstock Homebuilding Companies, Inc., a real estate development company, engages in the development of for-sale residential and mixed use products in the United States. It builds a range of products, including single-family homes, townhouses, mid-rise condominiums, high-rise multi-family buildings, and residential and commercial developments. The company offers its services to first-time, early move-up, and secondary move-up buyers located primarily in Washington, D.C. As of December 31, 2009, it built and delivered approximately 5,200 homes. The company was formerly known as Comstock Companies, Inc. and changed its name to Comstock Homebuilding Companies, Inc. in June 2004. Comstock Homebuilding was founded in 1985 and is headquartered in Reston, Virginia.
Diversified Products for Diverse Markets
Comstock Homes offers a diverse range of products designed to meet the needs of a wide segment of the home buying community. In suburban areas we develop communities and build single family homes, townhomes, garden style condominiums and adult oriented communities. In urban settings City Style Living by Comstock offers urban styled townhomes, mid-rise condominiums, high-rise condominiums, and mixed-use communities.
Comstock Communities offers livable rental communities in the Washington, DC area. Each community is designed for the active life style of young professionals that choose to rent. The convenient locations of these high quality communities and the preferred customer status and special incentives available when you are ready to purchase a home ensure that every Comstock Properties residence is "Worthy of the Investment".
Building on a Solid Foundation since 1985
Since 1985 several thousand families have chosen to make a Comstock home, their home. Comstock is a leading homebuilder in the Washington, DC metropolitan area and the Raleigh-Durham area in North Carolina. With each new market that we enter our goal is to become a leading homebuilder by satisfying every Comstock customer and by making every home we build "Worthy of the Investment".
Comstock Homebuilding Companies Comstock Homebuilding Companies, Inc. is a diversified real estate development firm with a focus on moderately priced for-sale and rental residential products. Comstock Homebuilding Companies, Inc. trades on NASDAQ as CHCI.
Comstock Homebuilding Companies Inc.
11465 Sunset Hills Road
4th Floor
Reston, VA 20190
United States - http://maps.yahoo.com/maps_result?addr=11465%20Sunset%20Hills%20Road%204th%20Floor&csz=Reston%20VA%2020190&country=United%20States" rel="nofollow">Map
Phone: 703-883-1700 begin_of_the_skype_highlighting 703-883-1700 end_of_the_skype_highlighting
Fax: 703-760-1520
Website: http://www.comstockhomes.com
Share Structure Float to approx 19.5 Million / 23% own by Institutions
11465 Sunset Hills Road
Reston, VA 20190
Phone: (703) 883-1700
Fax: (703) 760-1520
May 31, 2011 click on --> | Investor Presentation |
Financial Restructuring - Significant Improvement in Overall Financial Position
Comstock has restructured its balance sheet
Reduced debt load from a peak of over $340 million to less than $30 million in 2011
Only maturity in 2011 is $6.2 million Penderbrook secured loan which we believe we have the ability to
refinance
Eclipse secured $12 million loan was successfully refinanced Eclipse in February 2011
New lending relationship created with closing of $11 million construction/permanent loan for the Cascades
103 unit apartment development in February 2011
Management routinely explores additional debt and equity financing opportunities that could enhance
Comstock's ability to enhance results and shareholder value
Comstock has restructured its operations
Significant reductions in overhead: streamlined operations
Selling, general and administrative expenses down from $37.5 million in 2006 to $5.6 million in 2010
Experienced real estate management team remains with diverse financial and operating backgrounds
Management has reinvested in the business
Senior management has significant capital invested in the business, including recent investments
Recent capital raise for newly constructed Cascades apartment project has significant inside equity
ownership
Well Positioned For Return To Profitability
Focused on Washington, DC market, widely regarded as best real estate market in nation
Experienced management team with unique operating model, ability to develop wide range of housing
products, including single family homes in suburban areas to mixed-use and high density products in urban
areas where high density products are favored
Positioned to quickly and effectively identify, pursue and execute against strategic opportunities
Key assets (Eclipse and Penderbrook) provide cash flow to support operating activities
Creating new value through new business units (rental apartments and contracting/real estate services)
Eclipse judgment award (approximately $12.5 million), when collected, will provide additional growth capital
(assuming the pending appeal of the award is concluded in a manner favorable to us)
Comstock has deferred tax asset of NOL's that is estimated to be $72 million gross or $27 million of tax
savings (subject to IRC sec. 382 limitations) which may be available to offset future taxable income
The housemarket in the USA bottomed
Great News for Q4 2011:
RESTON, Va., Oct. 31, 2011 (GLOBE NEWSWIRE) -- Comstock Homebuilding Companies, Inc. ("Comstock" or "Company") (Nasdaq:CHCI) announced that on October 31, 2011, Comstock Cascades II L.C., an entity in which the Company has a controlling interest, entered into a definitive agreement ("Agreement") with CAPREIT, Inc. and/or its affiliates ("Purchaser") whereby Comstock agreed to sell CAPREIT its Potomac Square Apartment project ("Property") for approximately $19.75 million.
Comstock developed the 103-unit Class A apartment project within the Cascades master planned community located in Loudoun County, Virginia. Construction began during the first quarter of 2011 and was completed in the third quarter, with initial occupancies beginning in July. Cardinal Bank of Tysons Corner, Virginia provided a $10.5 million construction loan for the project. The transaction is expected to close during the fourth quarter of 2011, subject to a customary due diligence period, during which the Purchaser is entitled to cancel the transaction.
"We continue to leverage our core operating strengths to capitalize on attractive development opportunities in what is arguably the best real estate market in America. Expanding our focus to include the development of institutional investment grade multi-family rental properties will have a positive impact on results in the near term," commented Christopher Clemente, Comstock's Chairman and Chief Executive Officer. "The rapid construction, lease up, sale and overall performance of the Potomac Square Apartment project, and the significant institutional demand for such properties, demonstrate the opportunity that exists in the market today, and our ability to identify and capitalize on such opportunities. We will continue working to bring such assets to market while focusing our near term for-sale homebuilding investments on select opportunities with significant upside potential."
About Comstock Homebuilding Companies, Inc.
Established in 1985, Comstock is a multi-faceted real estate development and services company. Our substantial experience in building a diverse range of products and track record of developing successful projects has positioned Comstock as a prominent real estate development and services company in the Washington, DC market. Comstock Homebuilding Companies, Inc. trades on NASDAQ under the symbol CHCI. For more information on the Company or its projects, please visit www.comstockhomebuilding.com.
The Comstock Homebuilding Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5034
Cautionary Statement Regarding Forward-Looking Statements
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Additional information concerning these and other important risks and uncertainties can be found under the heading "Risk Factors" in the Company's most recent Form 10-K, as filed with the Securities and Exchange Commission. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.
CONTACT: Joe Squeri Chief Financial Officer 703.230.1229
RESTON, Va., Nov. 14, 2011 (GLOBE NEWSWIRE) -- Comstock Homebuilding Companies, Inc. (Nasdaq:CHCI) ("Comstock" or the "Company"), a multi-faceted real estate development and services company focused on the Washington, D.C. market, announced net income for its third quarter ended September 30, 2011 of $6.7 million or $0.33 per diluted share. Net income and diluted net income per share for the third quarter of 2011 compares to net loss of $(3.4) million or $(0.18) earnings per diluted share for the comparable 2010 quarter. Total revenue for the third quarter of 2011 was $5.4 million compared to $5.6 million for the comparable 2010 quarter. Net income and diluted net income per share for the nine months ended September 30, 2011 was $4.2 million or $0.19 earnings per diluted share which compares to a net loss of $(6.2) million and $(0.34) earnings per diluted share for the same period a year ago. Net income for the three months and nine months ended September 30, 2011 includes a net gain of $9.4 million (or $0.47 earnings per diluted share for both the three and nine month period ended September 30, 2011) from the previously announced settlement of long running litigation concerning the Eclipse condominium project. Total revenue for the nine months ended September 30, 2011 was $15.9 million, which compares to $21.2 million for the comparable 2010 period.
Notable Events
"The Washington, DC market continues to be one of the best real estate markets in the nation," said Christopher Clemente, Chairman and Chief Executive Officer. "As demonstrated by the overall performance of the Potomac Square Apartment project, expanding our focus to include development of institutional grade investment properties is beginning to yield dividends. We will continue to focus our core operating capabilities on opportunities that have the best potential for driving earnings in the near term as we work to maximize shareholder value."
About Comstock Homebuilding Companies, Inc.
Established in 1985, Comstock is a multi-faceted real estate development and services company. Our substantial experience in building a diverse range of products including multi-family, single-family homes, townhouses, mid-rise condominiums, high-rise condominiums and mixed-use (residential and commercial) developments has positioned Comstock as a prominent real estate developer and services company in the Washington, D.C. market place. Comstock Homebuilding Companies, Inc. trades on NASDAQ under the symbol CHCI. For more information on the Company or its projects please visit www.comstockhomebuilding.com.
The Comstock Homebuilding Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5034
Cautionary Statement Regarding Forward-Looking Statements
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements including incurring substantial indebtedness with respect to projects, the diversion of management's attention and other negative consequences. Additional information concerning these and other important risks and uncertainties can be found under the heading "Risk Factors" in the Company's most recent Form 10-K, as filed with the Securities and Exchange Commission and other filings with the Securities and Exchange Commission. Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.
COMSTOCK HOMEBUILDING COMPANIES, INC. AND SUBSIDIARIES | ||
UNAUDITED CONSOLIDATED BALANCE SHEETS | ||
(Amounts in thousands, except per share data) | ||
September 30, | December 31, | |
2011 | 2010 | |
ASSETS | ||
Cash and cash equivalents | $ 6,488 | $ 475 |
Restricted cash | 3,142 | 5,201 |
Real estate held for development and sale | 24,083 | 34,008 |
Operating real estate, net | 6,215 | 0 |
Construction in process | 5,505 | 0 |
Property, plant and equipment, net | 88 | 50 |
Other assets | 3,475 | 1,194 |
TOTAL ASSETS | $ 48,996 | $ 40,928 |
LIABILITIES AND SHAREHOLDERS' EQUITY | ||
Accounts payable and accrued liabilities | $ 3,505 | $ 5,884 |
Notes payable - secured by real estate held for development and sale, net of discount | 11,459 | 18,853 |
Notes payable - secured by construction in process and operating real estate | 9,794 | 0 |
Notes payable - due to affiliates, unsecured | 5,008 | 5,008 |
Notes payable - unsecured | 4,309 | 4,515 |
Income taxes payable | 81 | 0 |
TOTAL LIABILITIES | 34,156 | 34,260 |
Commitments and contingencies (Note 10) | ||
SHAREHOLDERS' EQUITY | ||
Class A common stock, $0.01 par value, 77,266,500 shares authorized, 17,716,271 and 17,120,467 issued and outstanding, respectively | 177 | 171 |
Class B common stock, $0.01 par value, 2,733,500 shares authorized, 2,733,500 issued and outstanding | 27 | 27 |
Additional paid-in capital | 168,306 | 166,700 |
Treasury stock, at cost (391,400 shares Class A common stock) | (2,439) | (2,439) |
Accumulated deficit | (153,951) | (157,791) |
TOTAL COMSTOCK HOMEBUILDING EQUITY | 12,120 | 6,668 |
Non-controlling interest | 2,720 | 0 |
TOTAL EQUITY | 14,840 | 6,668 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ 48,996 | $ 40,928 |
The accompanying notes are an integral part of these consolidated financial statements |
COMSTOCK HOMEBUILDING COMPANIES, INC. AND SUBSIDIARIES | ||||||||
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||
(Amounts in thousands, except per share data) | ||||||||
Three Months Ended | Nine Months Ended | |||||||
September 30, | September 30, | |||||||
2011 | 2010 | 2011 | 2010 | |||||
Revenues | ||||||||
Revenue - homebuilding | $ 2,864 | $ 5,153 | $ 9,003 | $ 16,766 | ||||
Revenue - apartment buildings and real estate services | 2,530 | 436 | 6,880 | 4,390 | ||||
Total revenue | 5,394 | 5,589 | 15,883 | 21,156 | ||||
Expenses | ||||||||
Cost of sales - homebuilding | 2,551 | 5,774 | 8,010 | 17,138 | ||||
Cost of sales - apartment buildings and real estate services | 2,585 | 382 | 6,485 | 3,666 | ||||
Impairments and write-offs | 0 | 1,548 | 0 | 1,548 | ||||
Selling, general and administrative | 1,681 | 1,341 | 4,999 | 4,202 | ||||
Interest, real estate taxes and indirect costs related to inactive projects | 1,068 | 143 | 1,887 | 1,812 | ||||
Operating loss | (2,491) | (3,599) | (5,498) | (7,210) | ||||
Gain on debt restructuring | (73) | 0 | (219) | 0 | ||||
Gain on legal settlement, net | (9,434) | 0 | (9,434) | 0 | ||||
Other (income) loss, net | 273 | (171) | (137) | (1,047) | ||||
Income (loss) before income taxes | 6,743 | (3,428) | 4,292 | (6,163) | ||||
Income taxes expense | 82 | 0 | 82 | 0 | ||||
Net income (loss) | 6,661 | (3,428) | 4,210 | (6,163) | ||||
Less: Net income (loss) attributable to non-controlling interests | 120 | 0 | 370 | 0 | ||||
Net income attributable to Comstock Homebuilding Co., Inc. | $ 6,541 | $ (3,428) | $ 3,840 | $ (6,163) | ||||
Basic income (loss) per share | $ .33 | $ (.18) | $ .20 | $ (.34) | ||||
Diluted income (loss) per share | $ .33 | $ (.18) | $ .19 | $ (.34) | ||||
Basic weighted average shares outstanding | 19,774 | 18,567 | 19,614 | 18,299 | ||||
Diluted weighted average shares outstanding | 20,125 | 18,567 | 20,008 | 18,299 | ||||
The accompanying notes are an integral part of these consolidated financial statements |
COMSTOCK HOMEBUILDING COMPANIES, INC. AND SUBSIDIARIES | ||
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
(Amounts in thousands, except per share data) | ||
Nine Months Ended September 30, | ||
2011 | 2010 | |
Cash flows from operating activities: | ||
Net income (loss) including net income attributable to non-controlling interest | $ 4,210 | $ (6,163) |
Adjustment to reconcile net income ( loss) to net cash provided by operating activities | ||
Amortization and depreciation | 656 | 92 |
Provision for bad debt | 3 | (13 |
Impairments and write-offs | 0 | 1,548 |
Amortization of stock compensation | 667 | 704 |
Gain on debt restructuring | (219) | 0 |
Gain on trade payable settlements | (152) | (860) |
Changes in operating assets and liabilities: | ||
Restricted cash | (41) | 156 |
Real estate held for development and sale | 7,425 | 17,982 |
Other assets | (1,402 | 113 |
Accrued Interest | 365 | 0 |
Accounts payable and accrued liabilities | (127) | 592 |
Income taxes payable | 81 | 0 |
Net cash provided by operating activities | 11,466 | 14,151 |
Cash flows from investing activities: | ||
Investment in construction in process and operating real estate | (9,281) | 0 |
Purchase of property, plant and equipment | (53) | (4) |
Net cash used in investing activities | (9,334) | (4) |
Cash flows from financing activities: | ||
Proceeds from notes payable | 33,520 | 823 |
Payments on notes payable | (31,792) | (15,917) |
Loan financing costs | (1,142) | |
Proceeds from SunBridge warrant issuance | 945 | 0 |
Proceeds from warrant exercise | 0 | 621 |
Proceeds from Cascades Private Placement | 2,350 | 0 |
Net cash provided by (used in) financing activities | 3,881 | (14,473) |
Net increase (decrease) in cash and cash equivalents | 6,013 | (326) |
Cash and cash equivalents, beginning of period | 475 | 1,085 |
Cash and cash equivalents, end of period | $ 6,488 | $ 759 |
CONTACT: Joe Squeri Chief Financial Officer 703.230.1229
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |