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.
AXAS News comming... IMHO
EARS Price Target: $15 for medium term
KTOV brutal Bullish patern
$WPG $AHT $PEI $CDR mortage and REIT stocks for Next week
$SPHS low float player. Next ph III comming!
HTM .67 only a few pennies away from a major breakout. Volume still coming in, over 2 times it's avg today. It may consolidate for a bit now but it's not giving that appearance. We'll see. Article below chart.
US Geothermal: Egregiously Undervalued?
by Debra Fiakas CFA
Last week US Geothermal (HTM: AMEX), a power generator from geothermal projects in California, Oregon, Nevada and Idaho, made an appearance at the Marcum Microcap Conference in New York City. The company stood out among most of the companies appearing in Marcum’s so-called ‘energy track’ as one of the few with solid revenue and profits. US Geothermal reported a net profit of $1.9 million on $28.8 million in total sales in the twelve months ending March 2014. The net profit is commendable, but what I find more interesting is the conversion of 30% of sales to operating cash flow of $11.4 million.
The ability to generate cash flow is vital for a growing company like US Geothermal. Over the last three years the company has spent an average of $16.5 million annually on capital investments. The company has also been acquisitive. Most recently the company bought the Ram Geysers project in Sonoma County, California for $6.4 million in cash. Ram Geysers has five completed wells available for immediate production near 30 megawatts of total steam assuming 25% of the geothermal liquid is re-injected back into the reservoir.
US Geothermal management thinks they got quite a bargain in the Ram Geyser’s deal. The Ram Power subsidiaries had already invested over $90 million in the project, implying that US Geothermal paid seven cents on the dollar for the capital investment value. Once the company’s development plans have been carried out it seems likely the Ram Geyser’s will make a strong contribution to return on assets
At the end of March 2014, US Geothermal reported a total of $204.5 million in tangible assets or $1.97 per share of which $0.38 is in the forms of cash and financial assets. It is instructive to compare tangible assets per share to the company’s share price of $0.65. Trading at 33% of tangible asset value suggests investors have little confidence in the long-term potential of these geothermal assets. Alternatively, investors might be simply concerned about the required investment for the projects the company currently has under development in Guatemala and Nevada. The company current estimates a capital cost near $195 million.
The current price for HTM could also represent an egregiously undervalued situation if US Geothermal’s assets prove out. So I will continue to follow the company’s progress and view the stock at the current price level as an option on full operation of all assets.
Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries.
Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in t
Source: http://www.altenergystocks.com/archives/2014/06/us_geothermal_egregiously_undervalued.html
GLOBAL TOTALITARIANISM dream BANKERSTER Rothschild's 666 NWO Cult -
http://www.jesus-is-savior.com/False%20Religions/Illuminati/quotes_on_the_new_world_order.htm
http://www.zerohedge.com/contributed/2013-12-20/dictating-christmas
US The largest DEBT nation in the WORLD! Is it time to move AWAY from DOLLER(HD)
$DCTH with a close in $0.36 (MA 50) go to $0.93!!!
Current Board Players: ONCS TXCC RLTR ILNS
PLUG Daily Chart
BCRX Daily Chart
PULS Daily Chart
HEB Daily Chart
DCTH Daily Chart
FOLD Daily Chart
APRI Daily Chart
PEIX Daily Chart
BIOF Daily Chart
LSG Daily Chart
TZYM Daily Chart
CLSN Daily Chart
AFFY Daily Chart
CPRX Daily Chart
AMD Nice chart!
AMD can do it!
Biotech Weekly Recap: Loads Of Bullishness, 2 Giant Rallies, And Selling $ACAD $AMRN $CLSN $EXEL $IDIX $PPHM
Link Article: http://tinyurl.com/btxf7wv
OmniVision Technologies - Shares Are Attractive As Margins Might Have Bottomed $OVTI
Link Article: http://tinyurl.com/cgy38j2
Vringo's Kryptonite $VRNG
Link Article: http://tinyurl.com/cqcm5yf
Zalicus: Bears And Bulls $NVS $AMGN $PFE $COV $SNY $ZLCS
Link Article: http://tinyurl.com/cb63rhh
Durect Corporation - Insider Activity Report $DRRX $PFE $PTIE
Link article: http://tinyurl.com/bsednyj
QR Barcodes: A Long-Distance Race $MSFT $AAPL $NEOM
Link article: http://tinyurl.com/bgvd222
NEOM Weekly Chart
DVOX Weekly Chart
HEB Weekly Chart
ADXS Weekly Chart
NOK Weekly Chart
AMD Weekly Chart
Followers
|
29
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2742
|
Created
|
05/04/11
|
Type
|
Free
|
Moderator pennywest | |||
Assistants papadedavid AugustaFriends kraken17 QHP TraderUsa |
jape1 | PEIX | 200% GAIN $$$$$$ |
QHP | CTIC | 30% GAIN $$$$$$ |
kraken1 | SOMX | 150% GAIN $$$$$$ |
TraderUsa | ABIO | 90% GAIN $$$$$$ |
TraderUsa | BLDP | 70% GAIN $$$$$$ |
pennywest | DSTI | 50% GAIN $$$$$$ |
MASSIVE ALERTS 2013 |
MONTH | TICKER | DATE CALL | PRICE | CLOSE | % | ALERT |
Posts Today
|
0
|
Posts (Total)
|
2742
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |