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Janel World Trade Ltd. changed to Janel Corp. and a one for 50 reverse split:
http://otce.finra.org/DLSymbolNameChanges
A good quarterly report along with insider buying makes me feel this company has a real chance to move ahead, especially with price of oil being down makes for lower expenses. Let's Move ahead to a profitable 2015.
check out mobs.... yes. i am pumping because it's a great little company with product in demand .
This is another one that I bought in ten times higher than what it is now. Between this one and a few others I'm down more than 60 grand over the past couple of years. I'm sure you know which ones I'm talking about. If it wasn't for having a few good stocks and making some good trades I'd be down for the year but the ones that were good to me, were very good. Good luck.
Agreed, but it looks to be nothing more than a little pre-holiday pump & dump.
There's money to be made on a P&D but it seems that nobody is interested yet. They don't even have a chart for it on StockCharts.com...that would help a little.
I can tell from the posts it used to be .20 to .40 back in the summer. It's the pick of the week for the WallStreetScoop newsletter, just came out.
I still haven't figured out what Sorvino foods has to do with Janel WT.
Classic pump and dump.
I agree. It would be nice to see the sp go up for a change. Along with a bunch of other stocks we have in common.
NOw that JLWT is out of the food business segment, things should improve accross the board, including in the financials going forward.
We need volume here to bring that huge spread closer together. The mark-up is way too much right now.
oxnoius: you still out there following JLWT? PPS is mired down in single digits, but with all that revenue one could make a case it should wake up at some point. Although I understand it is primarily pass through revenue
JLWT appears to be either asleep or stuck in the mud right now. could just be the summer doldrums and quiet time in the market. We need some news to perk this thing up.
I watch it, but looks to me like they have some issues to work through. If they can get extricated from the unsuccessful venture into the food business and raise some additional capital, the shares could turn out to be cheap here. But, I thought they were a bargain at higher levels. I will watch this and perhaps invest when I see news or signs of progress.
Finally, someone sees this company as having some value after all. For a while, I didn't think anyone was taking notice to the 12% increase in revinue. Growth is good.
50 DMA is .33--- you could say JLWT has reversed over .33.
It would help if the company had some news. Guessing what is going on is not the greatest form of due diligence. But, so cheap. Less than 5 million in market cap.
Dinky public float of 6-7 million shares.
And $100 million in revenue (annualized)
Am I missing something?
You got it! except I expect 80 by year end.....
I've been picking up some JLWT the past few months, by bidding the low .20's.
There's very little interest, but I'm willing to buy in the low .20s and under.
When things are this quiet with a company, it usually means something is going on that they are not yet ready to talk about. There is more to this food thing that meets the casual eye. If they can really kick in with distributing Paul Sorvino Foods in grocery chains and specialty food shops--and they get much higher profit margins than the basic logistics business-- we could get some nice surprises in the income line.
The past has been the wrong kinds of surprises--revenue without real margins to write home about. I am guessing here, but management seems to be aware of it too and are broadening out their services to include the vertical integration--and they locked on to the food industry for some focus.
JLWT could be back at $0.40 with some more news and info to the public. JMO.
If JLWT really kicks in with their new division and really attract a few customers, I am all for it. I would love to see the company show more net income. It is one thing to have great revenues, but I would like to see more in income. If it takes an expansion into supply chain services for the food industry, vertically integrated, to get higher margins, the sooner they ramp up, the better.
And we haven't heard about their new GSA logistics business- I look at that business as "new" because they have never been approved before (probably because they never applied)--and and Federal logistics contract would be "new" business.
If JLWT's new division did, say, $10 Million this year--whether it is through Paul Sorvino Foods or with a few other food industry customers, that would be $2 Million in gross profit margins if the GPM was a modest 20%. Then the question would be, what is the NET profit margins. But you would think that at least $1 Million would hit the bottom line.
And that is separate from whatever they make in what is obviously the low margin business of basic logistics.
So, they could do $1 Million to $2 Million in bottom line this year, depending on how their first client (Paul Sorvino Foods) does and any other customers they get.
This JLWT news could actually be very good news. Let's face it, JLWT has alot of revenues, but the nature of the logistics beast is that there usually is not high gross profit margins.With this move to capture logistics business AND vertically integrate will be an improvement in the current margins. How could it NOT improve the margins. I would like to know how much revenue they expect to see for the rest of this year but, again, it should be an improvement in profits. And when the market sees that increase in profits, I do not think we will stay at 30 cents. Not with only 6.5 millions shares tradable.
Janel World Trade, Ltd. Successfully Launches Vertically Integrated Supply Chain Services to Enhance Revenue Growth and Profitability
NEW OPERATING DIVISION SIGNS FIRST LONG-TERM AGREEMENT WITH PAUL SORVINO FOODS, INC.
Press Release Source: Janel World Trade, Ltd. On Wednesday April 27, 2011, 9:32 am EDT
JAMAICA, N.Y., April 27, 2011 /PRNewswire/ -- Janel World Trade, Ltd. (OTC BB:JLWT.ob - News), a full-service global provider of integrated transportation logistics and environmental services, announced today that the company's previously announced new operating division, which is focused on vertical sales primarily in the food industry, has signed an exclusive agreement with Paul Sorvino Foods, Inc. (PSF). The agreement is for all supply chain services, including supplier selection, manufacturing, transportation, import, distribution, marketing, and sales of all Paul Sorvino branded Italian food products. The benefits of reduced costs, shorter time to market, and Janel's demonstrated ability to react quickly were recognized by Paul Sorvino Foods and have resulted in a ten-year exclusive agreement.
"Our new one-stop, vertically integrated service has a market in our industry," said James N. Jannello, Executive Vice President and Chief Executive Officer of Janel. "Since our core competency in logistics complements Paul Sorvino Foods' expertise, we increase their visibility into the supply chain and reduce their risks. We are very excited to welcome Paul Sorvino Foods as our first customer in our new vertically integrated initiative."
Janello continued, "Overall, this is a great opportunity for our company. Not only will we manage the international freight forwarding and logistics associated with distribution and warehousing of the Paul Sorvino branded food products, but we also provide sales and marketing services in the US."
"The overall cost and operational efficiencies brought the organizations closer together and resulted in the long-term and exclusive agreement with Janel for the marketing and distribution of Paul Sorvino Food products," said Samuel Frabizzio, member of the Board of Directors of PSF. "The expertise of the group related to all aspects of taking a product from concept to market made our decision easy."
Nick Ferrara, President of Janel's New Jersey operation, noted, "I expect the agreement between our two companies will generate initial revenues during the June quarter of 2011 and increase to multi-million dollar revenues in 2012. Janel's focus continues to be increasing revenues and profitability. By 'thinking outside the box,' we expect to further both corporate goals."
Higher Gross Profit Margins is a guaranteed higher net income. Lots of room for improvement, but with greater profit margins, JLWT will be going up. Getting back to $0.50 should be no problem. I would like to know how high the margins are and how soon before we see the additional revenue and income.
Just encouraging that the company is actively looking for ways to kickstart their bottom line. GLTA
Very nice, may have to add more!
HIGHER GROSS PROFIT MARGINS - looking good
Janel World Trade, Ltd. Announces Formation of New Business Segment
GLOBAL LOGISTICS COMPANY PURSUES VERTICAL SALES OPPORTUNITIES WITH HIGHER GROSS PROFIT MARGINS BY OFFERING EXPANDED INTEGRATION OF SUPPLY CHAIN SERVICES
JAMAICA, N.Y., April 14, 2011 /PRNewswire/ -- Janel World Trade, Ltd. (OTC BB:JLWT.ob - News), a full-service global provider of integrated transportation logistics and environmental services, completed the formation of a new business segment within Janel. The new business segment includes a team of industry veterans who will develop vertical sales primarily in the food industry. Their initial focus will be on developing new products with Italian food manufacturers, the management of all transportation and logistics associated with the distribution of the products and the marketing and sale of the products in the United States.
The assembled team has decades of experience in the food industry with a focus on supply chain services, product development, B2B and B2C sales and marketing expertise, offering prospective Janel customers product development, product transportation and logistics, and sales and marketing services.
"This is a great opportunity for us and I am very proud of the experienced team Nick Ferrara, the President of our New Jersey operation and a Director of Janel, has assembled" said James N. Jannello, Chief Executive Officer of Janel. Jannello continued, "Nick and I are excited about the team's ability to close new business generating vertical revenues with higher operating margins where we can potentially buy and sell the product and provide end to end transportation and logistics services, building shareholder value. We will be providing more details on this new initiative in the near future."
Nick Ferrara said, "We are very excited about the organization and the potential for this new business segment. We are creating innovative services that address the inability of many manufacturers to adapt their products to local markets and deal with supply chain issues, such as the continuously shortening of time to market requirements, the decreasing visibility into market demand shifts, and supply chain interruptions. Using our decades of experience will enable manufacturers now, more than ever, to act quickly while maintaining their product's safety, quality, and price."
yes I buy below 50 cents and sell from 80 to a buck 30.........
Either way, if jlwt is bought out or not I think we will see an increase in vol and price.
A few Gov contracts and we will be over a 1.00.
GLTA
Trader Dick, with JLWT's approx. $100 Million in revenue, you would think someone would want to "buy" that revenue--a public company that would like to show their shareholder growth--even if it is bought.
I thought that the interview had a question on acquisitions and he said if it made sense on the net income line and they could afford it, they would make acquisitions.
2nd Mil,looks like I got a good price at $0.25. I like the trading volume turning up. But the real key for many traders will be the 50 Day Moving Average at $0.32. Then we should see a real increase in trading volume.
The news that they can now, for the first time ever, bid on Federal logistics contracts is great for the future. And another potential source for more PR's --LOL.
Only 5 weeks until their next 10-Q.
looks like all we needed to get this moving again! very nice..............
Very good news
Janel World Trade, Ltd. Awarded Government Services Administration Contract Schedule
Ability to Offer Janel's Core Logistics Services to Federal Government Represents a New Major Market Opportunity
JAMAICA, NY--(Marketwire - 04/05/11) - Janel World Trade, Ltd. (OTC.BB:JLWT - News), a full-service global provider of integrated transportation logistics and environmental services, today announced it has been awarded a Contract Schedule (Schedule) from The Government Services Administration (GSA).
The GSA Schedule will permit Janel to aggressively market and sell its core services to all Government agencies directly, at will, with no cap and at pre-negotiated pricing. The United States Government is the largest buyer of goods and services in the world, overseeing $66 billion of procurement budget annually. Without this award of a GSA Schedule, Janel had no previous access to market any core logistics and supply chain services in this potentially expansive government market.
Under the GSA program, the GSA establishes long-term government-wide contracts with commercial firms providing access to over 11 million commercial supplies, products and services at pre-negotiated pricing. The GSA maintains this large GSA contractor database, which all U.S. government agencies can use to buy goods and services. The GSA Schedule can be thought of as a collection of pre-negotiated contracts. Procurement managers from government agencies can view these agreements and make purchases from the GSA Schedule knowing that all legal obligations and in some cases pricing have been taken care of by GSA.
Vincent Lacopella, Janel's Vice President who helped spearhead Janel's GSA contracting initiative said, "We are very excited about introducing Janel's core logistics services to an entirely new and a potential major market opportunity -- one we have had absolutely no access to in the past. After going through the exhaustive vetting process by the GSA, we now plan to take an aggressive, proactive approach in marketing Janel's core business capabilities to Government agencies that have used our types of services in the past. Taking this specific approach puts us in front of the traditional government bidding process."
We just may have seen the bottom on JLWT. Nice one day reversal on much better than average volume. Would like to see it at .35 before I really say it is a reversal.
The way this is acting is that someone or someones are selling JLWT despite the price. Who knows why? Pay taxes. Bills. Too much concentration in one stock. Whatever. But the positive thing is that there is buying to sop and absorb the selling without it going down more. Which could meansomeone accumulating or new investors.
JMO. But when this selling stops, I think we are back to $0.40 in no time. If JLWT does over $100 Million in revenue, imo, someone will come in to buy them. I will take $1.00, than you very much.
There is an old saying. Never sell a boring stock. If that is true, JLWT could really wake up--but it has to come from the company. Next earniings report should be about May 15.
Shopping for more JLWT. Why pay more when someone is selling? Bt when they are done--this thing is over $0.45 in quick time. IMO.