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TPCS seems to have had a pretty good quarter
https://finance.yahoo.com/news/techprecision-doubles-date-net-income-210500670.html
On the conference call the CEO said in response to a question that they are seeing alot of opportunity from the Navy and from defense overall.
The board looks like they gave themselves a bunch of stock. An investor expressed his disapproval of the old board on the CC.
"Non-cash, stock-based compensation expense resulting from a one-time, non-recurring award of common stock to our board of directors and CEO stock option grants totaled $1.1 million in the third quarter of fiscal 2017."
It looks like a cup and handle breakout to me too.
More comments on the Savvy board. I picked some up today. Doesn't look like the market has digested how good the quarter is yet.
I'm going to hold my NAII. The chart looks pretty flat for the last few months, so I don't think there is much of hot money in it. Though it wouldn't be the first time I got caught holding the bag. Thanks SKILLZ and otcbargains for sharing your thoughts.
I haven't seen any news.
And it broke out on almost 5 times average volume.
Lt_investor, Did they say specifically profits will be better or are you just looking at the full year $10Million guidance?
I listened to the CC again.
They said some banks in Israel will allow trading of shares at minimum $1.05 dollars and that that is something they would be happy to do and will do in the next few months so that traders in Israel could go ahead and buy shares.
They said not to be concerned that this is down versus last quarter, quite the opposite when you look at the 9 month results and $300K-$400K can shift just by a late shipment.
They are increasing dramatically area of production. You could actually hear hammering on the conference call.
They expect repeat orders, which they actually did get a $600 follow-on order.
Demand is incredible especially in Asia.
They had a nice variety of segments they are working on - different areas of industry and different products.
CEO feels good about iBar as well as legacy business.
The CEO wasn't quite sure when the
2nd, 3rd quarter, but very confident that within 18-24months all the iBar would be ready.
The comparable for 4th quarter 2015 is $2.349 Million in revenue. They guided for $10Million in revenue for this year, and they had $7.363Million in revenue already, so that gives $2.637 Million for 4th quarter 2016 a 12% increase in revenue as per guidance.
They said 3rd quarter of 2015 was unusually large because they were contractually obligated to deliver a large amount of product in the 3rd quarter 2015. That is why the 3rd quarter 2016 didn't compare as well.
Here is language from the filing when they first started the process of the reverse split that references the Nasdaq:
"
Our Ordinary Shares were delisted from the Nasdaq SmallCap market in November 2003 due to our failure to comply with the $2.5 million minimum shareholder equity requirement, and our shares are currently traded on the OTCQB. While our market cap is now significantly greater than the minimum shareholder equity requirement of the Nasdaq Capital Market, given our current share price, we are unable to list on the Nasdaq Capital Market and our Ordinary Shares are deemed to be “penny stock” as that term is defined in Rule 3a51-1 promulgated under the Securities Exchange Act of 1934. Broker/dealers dealing in penny stocks are required to provide potential investors with a document disclosing the risks of penny stocks and are required to determine whether an investment in a penny stock is a suitable investment for a prospective investor. These and other requirements relating to the trading of penny-stocks have lead to certain broker/dealers in Israel refusing to take trades in our shares. This has made it more difficult for our shareholders to sell shares to third parties or to otherwise dispose of them.
We believe that a reverse split is advisable in order to make our Ordinary Shares a more attractive investment for large US institutional investors (many of whom do not regularly invest in stocks trading below $5.00 per share) and to allow for a possible return of the Ordinary Shares to the Nasdaq Capital Market, which would require a minimum bid price of $3.00 per share. We therefore seek approval of the shareholders to effect a reverse share split of our outstanding Ordinary Shares within a range of 1:5 to 1:30 and to amend our Articles of Association to effect such reverse split. If this proposal is approved, then the Board will have the authority to decide, within nine months of the Meeting, whether to implement the reverse share split and the exact ratio for the reverse split within this range if it is to be implemented. If the reverse split is implemented, the number of authorized as well as the issued and outstanding Ordinary Shares shall be reduced in accordance with the exchange ratio selected by the Board.
We believe that listing on the Nasdaq Capital Market will enable our company to maintain greater access to the public capital markets and will afford our shareholders greater liquidity with respect to their shareholdings in our company and enhance our ability to secure additional financing if required. Accordingly, the Board recommends that the shareholders approve the reverse share split as described above on a date to be announced by the Company and authorize the Company to amend the Articles of Association accordingly.
"
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11295054
The CEO said in the conference call that they are fully prepared to uplist to the Nasdaq and have met all the requirements, they just want to optimize the timing of that. Looks like they are ready.
31% percent increased in sales volume for December 2016. Only 9% increase in revenues.
OSB prices have been rising while plywood prices have stayed flat. Perhaps they had to lower their prices or the modular market has higher margins.
http://www.intlbarrier.com/investors/documents/December2016SalesResults.pdf
Interesting interview with the CEO.
He said that right now their parts are made of stainless steel, but they've made a >$1 Million investment to make parts from titanium and other new alloys. He says those products sell for for 10x what their current stainless steel parts. He says the first of those titanium products are planned to be produced in January and by the 2nd quarter they should be reaping some of the profits from those.
http://stocknewsnow.com/commentary/ANEWSID09012017100005/Video-Update-Omni-Lite-(TSX-V-OML)-(OTCQX-OLNCF)
TPCS is on the move - up 30%. I don't see any news.
Volume seems to be drying up on RX.V
Hi Fishhunter,
In one of the conference calls the CEO was given a question about the share - would they see any more dilution - and he explained about the investor converting his warrants and made a statement like "absolutely no" that they would not be increasing share count in the near future and they don't need new cash to grow. Right now the issue is training the staff enough to be able to give good customer support to new clients. Sales is chomping at the bit to sell more units. The building of the units is not a problem. Also, they have a facility to build their new units in either America or Israel. The CEO said they could build them out of either plant. So if their was Israeli unrest then the units could still be built. In that case if they have all their support staff in Israel and there was unrest, the issue would be with the support staff.
I also like the niche focus. Provides a moat to protect against entrants.
I would say that the software is the most important part the system, but also that you can't divorce the software from the hardware. To build a solution like they have would, I would imagine, require experimentation with different cameras, experimentation with different lighting levels. Perhaps integrating the output of multiple cameras, having cameras at different angles, with varying levels of light shielding, and perhaps integrating the output of different lighting sensors. So it isn't as though you could just hire some software developers to go build a similar system. You might also need hardware - mechanical and electrical engineers. The experimentation with various hardware, I would imagine, would require a big time and money effort to get right in order to build a similar product. The CEO has said in conference calls that he believes it would cost a competitor $20-30 million to build a textile inspection. Which is not a huge number, but it is the current value of the company. I think that competitors are surely watching, but to be attracted to the space there would need to be more money in it for them. Hopefully Elbit will make alot of money and bring on the competition. The CEO has said that they have developed a very complex vision system for dealing with textiles, and that their vision system could be used for many other vision fields, but that it would be difficult for other vision system providers to create something that can do textiles because it is more complicated.
The company seems active this month. 2nd reported sale of the older product line this month.
Overall sales revenue generated for the month of August 2016 was 76% higher relative to the
revenue generated in August 2015
Monthly Sales Revenue and Sales Volumes for the period ending
August 31, 2016
September 19, 2016 - International Barrier Technology Inc. (“Barrier”) (IBTGF: OTCQB; IBH:
TSXV), a manufacturer of proprietary fire-resistant building materials has released monthly sales
revenue and sales volumes results for the period ending August 31, 2016.
Overall sales revenue generated for the month of August 2016 was 76% higher relative to the
revenue generated in August 2015 ($1,049,083 vs. $596,288). Sales revenue into the Residential
Roof Deck/Wall Assembly/Structural Insulated Panel market increased 88% and Revenues into
the Commercial Modular industry, increased by 42%.
Sales volume, as measured by the surface area of product treated, increased 74% to 2,663,344
sq. ft. versus the 1,530,160 sq. ft. shipped in August 2015. Volumes shipped into the Residential
Roof Deck/Wall Assembly/Structural Insulated Panel markets increased 84%, while shipments
into the Commercial Modular market were 42% higher than in August 2015. This was the second
highest monthly shipment volume in Barrier history.
The additional FlameBlock® Fire-Rated OSB Sheathing line in Clarke County Alabama remains
on target to begin commercial production in the near term
http://www.intlbarrier.com/investors/documents/August2016SalesResults.pdf
Just listened to the conference call. What a great outlook.
Sounds like the company has plenty of pent-up demand. The limiting factor right now is the support staff. They are having a hard time supporting the product once it is installed. So they are artificially limiting the number of new installs and new customers to only what the support people can handle. Also, they can manufacture the new iBar systems in their facility in the U.S. or in their Israel facility and so production is not an issue. It seems from what the CEO said that the production can ramp up at least 10 times with no issue. Sales can ramp > 10 times with no issue and the sales team is clamoring to sell more. The only limiting thing is the support side which they are working on aggressively trying to train support staff. They just got a patent on their technology. They are fully prepared to uplist to the Nasdaq and have met all the requirements, they just want to optimize the timing of that. Also, the CEO sounded like there were no plans to increase share count and there are no upcoming capex requirements. So it seems like the stock is primed for years of rapid growth, without needing to invest new money. They have lots of customers wanting their product and their stock is cheap. The CEO seems to also have a long-term view judging from his comments in the patent P.R.
EVSNF EVS’s iBar Receives US Patent Approval
finance.yahoo.com/news/evs-ibar-receives-us-patent-120000836.html
Looks like a good quarter.
https://biz.yahoo.com/e/160812/usnu10-q.html
I'm in there with you on BIOYF and EVSNF. Nice pop today on EVSNF on 6 times average volume. BIOYF is creating a picture perfect basing pattern on steadier volume. All the momo players were shaken out in the long flat base. It had a similar chart before big moves in earlier years.
A prescient move.
Congrats on your BIOYF/RX.V purchase. I have a bunch of Biosyent already, but I wish I added when you did on the comments from them. I didn't know the comments would push the stock up as though they already had a great quarter.
Does the blue line on this chart reflect the crush spread that PEIX gets, because it looks higher than it has been for the last 3 months.
I sold my NHTC around 10 and have been kicking myself seeing it go up so much, especially since I noticed that it looked like it was making a high tight flag. Now I don't feel quite so bad.
We regularly eat at Pollo Loco. It is fresh, tasty, and more healthy than your average fast food place, much like Chipotle. I hadn't heard about it before moving to California, but everyone here in California knows it and most people like it. I don't know about the stock but no doubt the stores will quickly sweep across the rest of the country.
Epicore had a good quarter
I bough some more at .49 to add to my previous shares at .29
http://finance.yahoo.com/news/epicore-bionetworks-inc-reports-record-203500425.html
...
Revenue increased by 44% over last year's Q3
Gross profit increased by 53% over Q3 last year
Operating expenses increased by 13% compared to last year's Q3
Net income increased by 806% versus last year's Q3
EBITDA increased by 176% compared to last year's Q3
Cash was $1.0 million higher than prior year Q3
Shareholder equity increased over prior year Q3 by 29% to $6.5 million
...
http://www.thelifesciencesreport.com/pub/na/15859
TLSR: Let's move on to another company you spoke about six months ago— Neptune Technologies & Bioressources (NTB:TSX; NEPT:NASDAQ).
CL: Neptune is the pioneer in the krill oil business, and has a patent to protect its product, Neptune Krill Oil (NKO). Recently, its competitors agreed to pay Neptune a nice royalty and down payment for the rights to produce krill oil based upon its patent. Neptune has built a new plant to replace the one that was destroyed in a tragic fire more than a year ago. The new factory will be up and running in H1/14. We should see a very profitable company going forward. Neptune's subsidiary, Acasti Pharma Inc. (ACST:NASDAQ; APO:TSX), will also have an important phase 2 readout in H1/14 for its krill oil-based drug candidate. This year looks really good for Neptune's fortunes.
TLSR: What does krill oil treat?
CL: It reduces cholesterol levels. It is the only such product that can decrease triglycerides, decrease low-density lipoprotein and increase high-density lipoprotein. My mom took it with very good results. I am also taking it—so far so good, but still monitoring.
TLSR: You can get this product at your local drugstore?
CL: I got it from an online retailer. It is also in local drugstores. I have received many thankful letters from my subscribers who use it. Remarkably, the stock is far under the radar.
TLSR: Neptune's stock went down after the fire, which occurred in November 2012. Has it come back up or do you still see Neptune as a real bargain?
CL: After the fire, the stock fell to $1.70–1.60/share. Today, it's about $3/share—almost double. And the upside remains huge.
TLSR: What kind of target price would you put on Neptune?
CL: That depends upon how fast awareness of the benefits of krill oil grows. Neptune did not disclose the amount of the royalty payments, which are part of a confidential agreement, but it will release an income statement next quarter that reflects the royalties. Because Neptune dominates the krill oil business and all the other manufacturers have to pay it a royalty, the stock is probably worth a multiple of its present value.
I've seen some commercials for Schiff MegaRed krill oil on TV. Does Neptune have a deal with them?
Looks like Reckitt Benckiser owns them.
Hweb, How much of the quarter coming up do you think the second well will benefit? The last time they reported they said the new well would be coming on in the next week. Hopefully there won't be any offline time for the first well as a part of this upcoming quarter since that is what hurt the last quarter. I'm hopeful for good news in the next report. I'm guessing they will report around March 15th like they did last year. Patiently waiting.
I'm in between 6.50-7.00. Thank you Bob!
Well, that is interesting. It seems they are offloading their legal risk over to Cooler Master, while still being able to produce and sell it at a profit, albeit with less of the upside.
I'm with you researcher59, I shorted TSLA at $170 and WDAY at $78.975.
Thanks researcher59,
This seems like a nice catalyst for a stock with a reasonable P/E of 13 and a PEG of .88. If you are Samsung you want the best touch technology you can get.
Here is a link to an article and some forum talk about it:
http://www.techpowerup.com/187493/swiftech-withdraws-h220-cpu-liquid-cooling-kit-from-us-market.html
I guess Asetek has some patent, so that is why Swiftech is not selling them in the US. Also, if you go their site they say something about not selling them in the US.
Another troubling thing is that they had some quality control issues with their H220
http://www.newegg.com/Product/Product.aspx?Item=N82E16835108183&Tpk=h220%20swiftech
I see sales rising from $804,451 in Q3 to $1,075,218 in Q4. It looks like income only rose a little because they hired more people.
I suppose we'll be getting a new report from the company in a week or two. Looking forward to it.
Agreed, the new product looks great. Hopefully the next quarter has some good info.
Thank you otcbargains, for the pick. I got in at 0.0205 and sold some at .39 in only 7 days.
Strange, I had a limit order set to sell at .28 and today I got a partial fill at .47. I don't mind, but that doesn't seem to make sense.