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SANT is profitable per the latest 10q and if you add back depreciation and amortization to net income, then earnings would have been $90K in q3 2010; that is $360k annualized, giving it an annualized P/E of 10. They have over $500K in A/R----collecting on those will be key in avoiding additional share issuances or convertible debt being needed to be issued.
Let's see if they come through on the media asset sales and buyback, otherwise it will just be a typical otcbb stock.
I do like this:
"In October, 2010, the Company’s officers and majority shareholders entered into lock-up agreements for a period of one (1) year. The agreements provide for the restriction on transfer of the Company’s shares subject to release provisions at the sole discretion of the board of directors. David Loflin, a majority shareholder, did not enter into the lock-up agreement."
Has anyone had their ETEV shares posted to the account yet? Thanks.
has anyone actually gotten SOPV shares posted to their account yet that they are able to sell?
did anyone get their regeneca shares posted to their account yet? thanks!
Hey guys, anyone know of 3-5 Chinese OTCBB or OTC mining stocks that have a market cap of $50M or plus? Thanks!
Hey guys, anyone know of 3-5 Chinese OTCBB or OTC mining stocks that have a market cap of $50M or plus? Thanks!
sorry, mroc247, but your valuation was nothing more than a back of the napkin calculation that was incorrect. If it makes you feel better as a shareholder, great, but it shouldn't be stickied as a poster of value for VPRO.
mroc, it will be difficult to get a reliable beta to do a true capm-based cost of equity capitalization, but I can assure you it would still be much greater than 10% discount rate; for example, one stock I figured the discount out rate for that had been profitable for 10 straight quarters----during the worst of the downturn-----had a cost of equity around 17%.
Also, what is the certainty you are attaching to those revenues? We don't even know its a 50/50 split----in fact, I would BET, although I don't have any proof, that the split is 85 SPPI/15 VPRO if SPPI is putting up all the cash for the project. I do like your analysis, but think if you really tweak it to be correct, the results won't be very good. But this stock still has a ton of upside potential. The company needs to capitalize on this new investor interest and let the investment community know more about its revenue plans/projections, when it will be profitable, etc.
Zer0Veritas, You really should un-sticky that valuation for the stock. The logic and numbers used are very poor. I am long the stock, but outrageous claims this is worth $1 AS IT CURRENTLY IS, does nothing but hurt the solid progress this company is making with VERY limited capital.
mroc237,
When you discount cash flows to equity(you discounted sales, but the same rule applies), you discount by the firm's cost of equity, which is going to be MUCH higher than 10%. Use the CAPM formula and VPRO's beta to get that figure.
Also, you are counting these as certain cash flows----they are anything but. You'll have to discount for the probability that these cash flows won't happen.
Unfortunately after those two discountings, you will not be left with a 13 bagger.
Good luck.
thanks for the explanation! eom
I'm long from .07 but if the news was so good why didnt SPPI gain at least 10-20% today?
Question for the board regarding VPRO:
Why did SPPI's stock price barely budge on this news? I realize its a $300M company but if the news was so great for VPRO, why didn't it at least garner a 10% or so pop for SPPI?
DISCLOSURE: Got lucky and nothing more to have seen this in the mid .06s and take a big gamble by buying at .07 and still holding.
thanks, sbt and icono! eom
Does anyone know a site that offers free level II quotes? I have them through my broker, but a friend asked and I'm sure somewhere has them and thought you guys might know. Its for a non-penny stock.
Happy holidays everyone!
I spoke with him just today. I was on the road and didn't realize the share PR had just been put out, or was about to be put out. He said he's already taken off for vacation and thinks many investors/traders are also. I don't expect to hear anything susbtantial for a couple of weeks until the new year. He did say if Nemaska has big news he thought it would be worth OTGI PRing though which is good.
we got news like we were hoping and the stock tanked. i think we need substantial news either on funding secured, or nemaska results.
right now we have a great property with potential, but its well known that the company has no cash to exploit this opportunity as of now. a small float can work both ways, everybody.
i was able to short pink sheet stocks and otcbbs through UBS...they only required 50-100% maint. but I was shorting 3-5 dollar stocks. ameritrade allows shorting of any price stock on the amex, nyse and nasdaq, but also requires the 2.50 maint. and doesn't allow the otcbb and otc shorting.
Market makers and hedge funds are a different story though...
yeah, the ceo realizes the co. needs to raise money and expects to do so at higher prices---a good thing to be confident about---let's hope he's right!!
financiers on otcbb stocks sure do get a discount! 40% discount off the lows is standard for convertible debt, but OTGI has such a solid, clean balance sheet and low cost structure maybe they can get some real financing on better terms.
that is awesome DD, zino. Given the proximity to Nemaska's plot, I really think OTGI should kind of piggyback on them for a while, while OTGI is in the process of trying to raise funds. The higher the price, the less dilution. Big difference between having a share price of .10 and raising funds than if the stock is at say .03.
I spoke with him also a couple of days ago as well...he didn't think a PR should be needed about the share structure, but thought he would put one out anyways.
I don't really think just putting out a press release stating what the shares outstanding and float are will make the price run to .10 or anything though. I think we need some more news about the new property, which could be months away, to make a big spike. It is very cheap though with a clean balance sheet...just hope something makes the price spike so that they can raise cash on decent terms.
Rawnoc or others: Know of any value plays (low p/e, low price to book etc.) with a market cap of $30M-$3B that are listed on NAZ, NYSE or AMEX that are worth looking into further?
Thanks!!
fuja was the only legit one involved with the company. look at the track record of the rest of management.
that chart does look nice! but if anyone sees it went up almost 200% on 1/12th the volume it dumped on yesterday, they won't buy!
there's no volume on the move up though! just a ton of dumping at lower prices and trying to get suckers to chase it. good luck trying to sell anywhere near market prices!
kind of disappointing follow-up to the run....if we base around .007-.008, great! but the volume suggests a drift back down to .004! given the company's limited usage of PRs, what is going to push this up in the near term do you think?
they were out of treasury, for no $ consideration. he did it just to acquire majority ownership.
what was the date which CLYW hoped to have an agreement with T-Mobile by?
snry has or sopv has, or both have? sopv is going to sub-.20 quickly, but if you add in say a .20 sopv share = .10/snry share on top of snry's previous price, then snry could be worth .25.
doesn't snry only have like 30M some shares? in which case 15M shares would be issued, not 150M.
I called SNRY and they actually appear to have a legit business going. I spoke to the project manager for the SE municipality project announced last week and he appeared to be quite honest. SOPV talking about billion dollar projects seems like a pipe dream.
the distribution date job is a screw job to previous holders I will admit that. but i expect snry to go up to maybe .25 after the news last week and yesterday. we'll see.
SNRY(.18) get 1/2 share of SOPV ($.52), plus SNRY only has ~8M float and just announced over $10M in new contracts last week!
SNRY is the cheaper way to play this stock. You get a legit company(SNRY) and a half a share of SOPV for each share of SNRY.
SNRY DIVVY
Every share of SNRY is getting 1/2 share of SOPV. SOPV is at .53; SNRY is at .165 so the share dividend is worth more than SNRY at this point.
SNRY dividend. eom
Gileon7,
You are greg from the yahoo board, right?
Does the agreement as it stands offer common stockholders 2% of the new company with warrants that could up its ownership to 5%? Just trying to see if shareholders are currently getting nothing as the deal stands now. TIA.
atlanta, you haven't liked what i've had to say when you are holding shares because its been true. only during that timeframe when you were not holding shares did you see, and admit what was really happening. Below are your comments prior to your re-purchase of shares in the mid .02s. I understand you wanting to support your investment, but you are clearly biased based on your position in the stock. Look at how your views on the LOI changed since you bought back in....and the stock has dropped like 60% since then. If the deal didn't look realistic to you when the stock was at .035 or .045, why would it look good to excelsior when the stock is at .014!?!?!
We've all been taken for a ride by this POS and I hope it turns around for us. But there's no way they get the deal done at .08.
Posted by: Atlanta1 Date: Sunday, June 06, 2010 9:17:44 AM
In reply to: None Post # of 1734
guys - this sounds like good news and I hope it pops for all of you.
But, I encourage you too keep your eyes wide open. This is an LOI - nothing has been consummated. LOI's are notorious vehicles in penny-land, used to pump up a stock on the expectations. But nothing has been consummated on this funding and there's no guarantee that anything ever will, so be careful. They could easily withdraw this PR at any time, just like they did with the supposed big deal with VWR. They now have a track record of deception.
Good luck to all.
Posted by: Atlanta1 Date: Monday, June 07, 2010 10:44:16 AM
In reply to: Deano361 who wrote msg# 1543 Post # of 1734
with this much volume and negligible movement, I think it's pretty apparent what's going on here - unfortunately.
atlanta,
my point is firms don't make investments at 5X the open market price out of the goodness of their heart. VIVK needs money badly, everyone including this firm who wants to invest in VIVK knows that. It was a letter of intent which means nothing. If they do invest in VIVK, it will be at much more advantageous terms to the buyer than .08. If they did it at .02, I'd be tickled! No way that deal happens above .02.
You said you didn't know much about stocks. Sorry if it came off as rude. I thought you were a new stock market investor and i was just trying to give some advice based on my experiences to prevent you from experiencing the same unfortunate outcome. Good luck.
Even if it was legit, it won't happen now. Why would anyone invest at a price higher 5X higher than they could buy it for on the open market? Answer: they won't! This company was unable to do a private placement at .08 when the stock was .15, so it surely won't do one when the stock is at .015. Also, they were forced to do death spiral financing in the past few months---companies that have better options available don't choose to do that. That LOI is worthless at this point. IF they could do a private placement at $.01 for $600K, I'd double my position.