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270k+ nobody watching?
Volume now pretty much back to where it was. In terms of revenue possibly a little higher. The ttrader in perticular seems to be doing very well.
Very quiet here though, anyone spoken to Trevor recently.
Volume, up again. This is starting to look like it will soon be back to where it was.
Anyone manage to talk to the CEO yet?
Volume on the NYTEX continues to rise. I have no idea what killed the volume a few weeks back.
I would really lke to know.......
Whatever, it seems to be fixed, and once again our growth can be measured almost on a day to day basis.
The interview seems to suggest a push by management, but nothing on the share side, maybe just to more private investors.
The filings are critical.
I know volume is not what it was a few months back, but it is seadily climbing again.
fingers crossed, it carries on.
well, if in the UK good luck... I guess im the contact there. I really get the feeling there is a lot going on, but the volume on the exchange is depressing. Maybe they feel thats not important quite yet as they get other things in place
A few months ago when we had much higher volumes, maybe it was an offer. ie no commision, have a go, no commitment...
when it ended, they decided not to take it up.
the alternative is that a full paying customer, for what ever reason decided the service did not meet their needs.
yep, nice interview.
At least it does not look like its already all over.
I am interested why the interview was given, as their is no PR no filings or any other form of anouncement. Who is the audience. surely not the 4-5 people here.
As it is, and looking at the positive, i am happy the game is still on.
I would say, all we need is filings / news etc... but i think they are playing different rules
who knows
Any news...
board very quiet.
More falls in volume.
I think there is something going on here. We need an update. Filings.
I get the feeling this is going to die without explanation......
all very quiet again here. i would have thought the filings would be out by now. Teliphone filed last week.
has anyone talked to the company, or have any info as to whats going on.
Volume seems way lower now, but i am looking to Libya... Remember how the vast majority of our volume came from there before the blackout.
Welcome back, and very well done.
On the willing to wait point. Me too 168000. Five - Ten years
Agree with all comments apart from float, stand to be corrected, but from memory its about 30 with about 80 held internal. My 100 mil is a slight rounding down, i think reality is just under 110. 100 makes calcs easy, and i am by nature very lazy with math.
I think my main point was, dont expect the pps to sky rocket and be stable following the filings. It will be volitile, but spikes bring sellers. Worst of all is the shorters.
I am reasonably convinced that all the irrational selling at the last spike was not shorting. But i cannot explain it, as a simple limit sell did not match the pattern.
Either that or we are short about 25-30 mill. In which case volitile will be the understatement of the year.
I will have a shot, and this is a very short term conservative calculation. Based on the following
The CE is removed
We get put back on the OTC
Ticker is changed
Still relitively little intetest, but bettet known than today .
Growth is a unknown as only 1 quarter is filed (100-200% is expected for a couple of years)
shares total is 100mill
There is no short (not sure on this)
No debt, but no cash either
PE of just 10
40k traded every day, nytex gets 5%
Ok
Nytex make 2k per day
About 750k per year
250 skimmed for running plus salaries etc. (this is probably higher)
So 500k = 0.005 x pe of 10 = 0.05
Assuming 1 years flat trade, as we only have 2 quarters half that to .025
So for me .025 is a VERY short term goal.
That may seem very low, and not muxh higher than where we are today, but i also see 50% growth per quarter from there
By year end Q4 filings .06 - .1
Future growth, filings, visability, news etc over the year could push to a much more reasonable .25
Thx, i dont think long now.
Did you speak with them. ?
Our sister company TLPH of which UAMA now NYTEX has a significant holding made an interesting form 4 filing. George sold 1.8 million shares indirect. The share price of TLPH has not really changed from .019 for some time. His sell was for .04. I suspect we ( nytex ) or maybe peraonally one of our managers, has just got rid of soneone they did not like.
I would love to know if NYTEX bought them, and what our owning is.
Personally, i would have said the week after next, and the voume is pitiful to raise 66%. But who knows, fingers crossed.
Also be happy.
Your investment is up 23% today.
It will probably be down 50% tomorrow. But today you can be happy.
You say this is a public not a private company, you are of course correct. However nearly 80% of the stock is held by insiders. To them this must feel very much like a private company.
They reversed merged into uama, but were forced into issuing the pr etc before they wanted to as the filings were spotted,
The quarter ending june 2011 is the first real quarter they could reasonably expect to file for. Companies on the otc tend to take about 6 weeks, which puts us in mid August. That is when i expect the filings.
CE removal aug/sep
Ticker... Dont care its just a ticker
Cool, if they file at the normal time, we should just be about 3 weeks away, possibly sooner if they have them ready to go.
Seems to have picked up again. At least mostly
Volume seems to have dropped off. Not done the calcs, hopefully only temporary
Yes, this shows me two things.
1) volume is fairly consistant over a week. Ie it dosn't fluctulate widely... 20k one day 70 the next etc. This is a great model. It will make planning for growth much eaiser.
2) This is the second or third step up in volume over the last few months. This last one was 40-60 to 60-80. I assume this is more customers using the service. With more to come. This is looking good for 200% growth for the first few years.
The model is working.
Significant uptick in volume.
Good stuff
Fair point
I think at some point i need to work out exactly what these minutes represent. Why are some different prices. Was Mali popular because it was the cheapest on was the area genuinly using more minutes.
The volume seems to be focused on what I would consider odd places. Ie small islands / and war zones.
It would be nice to see high volume direct in the US or central Europe. Or am I tottaly misunderstanding how this all works.
I guess all i really need is to watch volume and prices and then calculate 5%
Thx for the clarification.
Quite a drop off of volume on the NYTEX over the last few days
Baised on that, we are taking about 20mil revs and 1mil net profit per year.
Currently trading at a PE of just over 1. Thats probably under book value.
Of course you also have to factor in the expected growth rate, which is somewhat unknown, but will be well over the 50-100% range for the first few years.
I would see a stock price of .25 following the time after earnings (it may take q3/q4 to prove to investors NYTEX is a stable concern). By then of course growth becomes more and more known.
Getting onto the OTCBB and releasing those filings for me is the priority. A good stock valuation will show us to be a stable company which is not only worth investing in, but also worth doing business with.
Thx for the update,
I assume you spoke with the company.
Does anyone have any idea what cut NYTEX makes on each minute sold. (or is it per trade ?)
I am guessing about 5%, but could be way off.
For the filings to be inplace in 60days or so they must be expecting to file for the 2nd quarter.
It would have been nice to get the numbers for Q1 and all the ticker change etc out of the way, but i can't say i blame them. Q2 will be the first full quarter since the tie up with UAMA.
As trading always seems to proceed the actual news, we should see some volume before they file.
I know the trading is boring ...... But watch the nytex. Much more entertainng
Intetesting trading on low volume. With the recent PR the short eas keen not to let the price run. But also someone is supporting the bid. Neither seems keen on pushing past the other.
Waiting i think
It could be its all starting to go through. The filings may have been submitted, just not available quite yet
Fingers crossed
OTC is over the counter... Does that mean the Cavet Emptor is gone and we are no longer a pink..
I thought the filings would need to be out for that.!
Thx for looking at the minutes,
I have a suggestion, if a few of us are prepared to take the time to do this and cross-reference. If they can be grouped into monthly totals and displayed in the IBOX, this would give us a clear indicatior of growth (or i suppose any shocks)...
I guess if a handfull of us did this weekly and all sent the results to the same person, they could update the ibox, assuming at least one of the people had the time to do it that week. Missing numbers could be approximated.
Yes they have a small float, which is officially about 20m of which about 25m is in safe hands. With about another 5 which will sell for a quick profit. Hmm 30 shares (estimate) out of 20m. I believe ghat is the extent of the short.
Its the reason you see the price keep dropping at the end of day . If the stock price was allowed to close at .025+ for a few consecutive days i think it would trigger a short squeeze. This would be best done when they finally understand that the game is up. Filings out. No dilution. Independant buying.
The 1 - 2 million is revenue not profit. But lets play a little game and say 1 year profit is or will be 10 million in the very near future. Give them a PE of 10 ( looking on the nytex volumes we have stellar growth that some of the hyper techy companies would have been proud of, and some of those had a riduculous PE of 1000+)
a PE of 10 would be closer to a old school stock like IBM ( which is at about 12-14)
This would give us a value of 1 dollar.
This is assuming a stable company with growth above 10%. i personally think growth will be 100%+ for the first few years.
I will not be selling my shares for a quick 100% return.
Fingers crossed.
Good luck to us all
It's called painting tape. A quick bit of maths says under 3000 dollars was traded. I could have done that myself. Large swings on low volume can be ignored.
To me the most impressive day, was when we were up 68% on high volume. And shot down to finish red in the last few minutes of trading. I have to admit I was impressed. That was more than a little paint job.
i think that was in the PR, or maybe posted before...
Thanks indeed. Two things there we did not know
1) All the new restricted shares are owned by the management. Ie they are held for the long term, so won't be sold asap by people who took shares as a form of payment
2) no debt, the true degree of that will be shown in the filings. All companies have some form of debt, even if only to support cash flow. To state no debt shows they are in a good financial position.
I would be interested to know the total number of staff employed beyond the known management team.