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Had a run from .13-.38. A little pull back is expected. Not sure how many stocks go straight up. Would like info on one that does. Some investors cry about pull backs, others find it a buying opp. The teens that get spoken of would be welcome, always looking to flip blocks outside of my long hold. This stock is a far cry from a sub penny stock that sells updated websites. SING along with me.... Let's make money
Some companies all they do is change their website (every 6 months)and PR it to sell shares. Other companies put out progress reports that keep their investors informed.
Not to point out the obvious but that which you refer to is copy writed 2013. I would go by an update put out Feb 2015 for current operations rather than info from 2 years ago.
Think you got that wrong, they mine full time and mill full time now:
"For 2015, the mill will be run on a full time basis at roughly 60% of capacity to allow time to implement a long-term tailings management solution. The Company is in the process of finalizing a design that addresses tailings requirements for the foreseeable future at a relatively low capital cost. The Company expects to begin implementation of the solution in the first half of 2015."
Also the cost to sell an oz of PD is expected to cost $47-$69 less than last year, so even at the current rate of palladium they are still making more per oz then last year.
Now throw in the fact that diesel gas is a far cry from most of last year.. opex goes down... Looking like a win win all the way around.
Understand this is new management turning around a crap situation into a dare I say gold... No... Palladium situation
As I stated turn around story. Look at the EBITDA:Revenue of $220.1 million, an increase of $66.9 million or 44% compared to 2013;
Adjusted EBITDA(1) of $50.0 million, an increase of $34.7 million or 227% compared to 2013;
Welcome to the bottom of the turn around, enjoy the ride up.
Wow, mostly sells here today. Could sub 8s be next. Trip zeros after that? Maybe SING will announce a new business plan or new website to pump the price again. What would be a late to the party business plan. Hmmm let's see. PayByText didn't work, weed shop app didn't work, text2 donate revs falling, mentioned bit coin but nothing came of it, pay terminals didn't work, vaporizers of over saturated, had to start a company to announce an a acquisition, uplist is out the window.... again, developing payment apps is no longer, gosh what could there be left? Maybe a home streaming video device? Maybe some brownie mix where the user can add marijuana(they wouldn't be late to that game would they?)
5 year high of palladium is 908,FYI
I would view that weather as incorrect. I am just south of thunderbay. I can guarantee you the winter snow fall was far below average.
Get ready for a blow out Q. I will be SINGING. Ask the way to the bank. Like the previous poster stated, over 200 million in revs and climbing (under new management) trading at over half of book value.... Happy trading. And check it, this stock isn't a pinky, no hopes of uplisting dashed.
Let's check this math. One year high is just over 900. As was stated today's closing price was 762. That represents roughly a 144 drop from the year high. Not sure how this is a 25-30%.
Now let's look at last Q where the average selling price was 806 I believe. Any current drop in price would be offset by reduction in cost of milling it from the ore.
Understandable if mistakes were made in math, but one also has to look at energy savings from a mild winter, and continued milling rather than an on and off routine as they were doing previously.
I wonder why the CEO would be holding a paper clip. Not doing enough business to require any papers to be clipped together. Maybe he was issuing himself more preffered shares for succesfully droping yoy revs
This isn't a stinky pinky that has a CEO changing business plans every other month. This is a come back story with improving revs (not declining):
2014 Results Summary
Produced 174,194 ounces of payable palladium, a 29% increase compared to 2013, at a cash cost per ounce(1) of US$513;
Realized palladium selling price of US$802 per ounce, giving a palladium operating margin of US$289 per ounce, or US$50.3 million;
Revenue of $220.1 million, an increase of $66.9 million or 44% compared to 2013;
Adjusted EBITDA(1) of $50.0 million, an increase of $34.7 million or 227% compared to 2013;
Invested $23.8 million in capital expenditures, compared to $109.5 million in 2013; Successfully completed the transition to underground mining utilizing the new shaft and related ore handling infrastructure;
Invested $8.3 million in exploration;
Gradual production ramp up was successful, with numerous days in the fourth quarter reaching and surpassing target of 5,000 tonnes per day from underground.
"During 2014, a number of milestones were achieved that marked the end of the ramp up and transition period. The focus for 2015 is reliability and efficiency improvements," said Phil du Toit, President and Chief Executive Officer. "Our exploration results for 2014 also showed promising mineralization areas that put us in a good position to study future extension to the mine life."
Calling a pinky CEO and expecting a straight honest answer is about in line with winning hte powerball. Ask Stuntman..this CEO glazes over issues and tells you the future is were its at. The last PR about the vape got some people excited, it raised the pps over a penny again. That was people thinking the green rush was still on. Many people have gotten bitten by these stinky pinkies enough to where the only rush that can be trusted is on a major market. Buyer beware. I have watched this company for 2 years now and the results have never come close to the hype...but watch the tweets, they do SOUND promising
the business has been developing for two years now. As soon as they find that one business plan isn't working, they see what the hot item 3 months ago was and coat tail that. They tried bit coin, mobile app for mmj stores, payment terminals at mmj stores(got in too late, those that wanted them went with other payment solution companies), now the new item for them is vaporizers(late to the game again).
Up-listing is out the window. Their flagship product(tweeted a year ago "look for it in a store near you") PAYBYTEXT has not one client. I will give them credit on website design...they have changed thier website multiple times over the past couple years. They tweet about aquisitions but the only company the aquired is one they had to start up in a joint venture. I have been searching the web for thwe company they bought for 40k, six sigma(with unaudited revs of 1.6 millm in 2013...so may be true may not be) have not found one shread of evidence proving they even exist. I mean a company(six sigma) that is involved with the tech bussiness should have at least a little foot print on the internet...if there is i can't find it....Company is a joke
I thought 2014 was goog to be the fun ride, now it's 2015? Guess when 2016 rolls around that will be the year.... Lol.
Did you update the ibox to show how many preferred shares were issued?
When revs fall you have to cut expenses...i think that is basic bussiness.. So that is a NO on ANY info on six sigma? NONE what so ever? Before six sigma was mentioned by SING there is absolutly no mention of them as a company? FISHY AND DUCKY
a company with 1.1 million in 3 Qs dealing in the computer industry would easily have a website to aquire customers? even after being bought for 40k they should have an old outdated website you could referance? Or at least ANYTHING making mention of them on the internet? NO? hmmm still smelling fishy
hmmm that don't smell fishy? a company with 1.1 million in revs sold for 40k in stock? if it looks like a duck....
Actually 1 1/2 years ago...how else do you see how a company is trending...just go back 2 months? that is short sighted DD. No you look at at least 5 years. And what happened in the last 5 years with sing? business model changed how many times? Find any info on six sigma yet? LOL
Operating expense does nothing to the revs. operating expense gets paid with revs. total revs vs. operating expense is silly argument. operating expense comes out of profit...has nothing to do with revs...
Am sticking to t6he finacials. What were total revs for 2013? 1.6mill? what is sing on pace for 2014? 1.2? What you mean they changed business models again? how many times is that in the last three years? What do you call a penny stock that changes websites as often as business models? Six Sigma...Joke How can a company like six sigma(in the field they claim to be in) be no where to be found on the internet? Do a search find anything? thought not
ok what were Q3 2013 revs? 1.1 million? that is a dramatic drop off...1.1 million to 384k......WOW Thanks for point that out...no wonder you only put 2 Qs
If you know the company you invest in you would understand most of their revs are seasonal. they follow the same pattern year over year. But YOY total revs have fallen by about 25%. spin that how you want but yearly revs are falling...
That is a gurantee. Numbers will fall way short of last year. 2 more dasys of sub penny and this pos will miss the uplist. This company is all about coat tailing other ideas but they are always in the game too late...Watch for the tweets and money tv spots...they always give promise, things to watch for, things that sound good but never happen. Check into the other companies that advertise on money tv, as pathetic as this company.
Company has falling revenues. $SING has time and time again put out tweets of big news pending only to dissapoint share holders. PGA news? NOPE PAYBYTEXY in a store near you? NOPE how many PAYBYTEXT accounts they have? It is their flagship product that they shove down shareholders throats, they should have at least 1 account...NOPE Leader in payment solutions for the mmj industry? NOPE too slow and got beat out by other payment solution companies. Mutliple accusitions in the works? NOPE had to create a joint venture so they had a company to aquire. This company is all talk and no show. Have not followed thru on one business plan. But now they claim to want to sell vapes? Too slow to that game as well, market saturated. How many payment terminals they have in place with thier 2 years of "boots on the ground"? mid twentys...Joke of a company...no wonder pps can't stay above .01....run fast and run hard But wait i hear they are redoing their website AGAIN....How is that mmj app that they PR'd have 50 downloads yet? LOL Joke
Your in luck BK, think they have to have 3 consecutive closes sub penny...There is always tomorrow
Yes March 31st...when everyone gets to see how much they fell off from last year....But just wait..BIG NEWS is coming....LOL i don't miss that. BIG NEWS is always coming but have yet to see it. They created a company to aquire it..What a joke...They keep touting PAYBYTEXT(look for it at a store near you, remember that?) not one store/company using it....BIG NEWS coming from the PGA world...nothing heard about it again....Joke of a company
i am holding 108,200. averaged at .3271 under water but have time to wait. Actually averaged up from .27...got a little too excited on the last run
palladium just keeps tanking. All the stories are about how it is going to rise in price but actuality is opposite
I always enjoy your chart reads, thanks man
haha what was that?
Stunt there is no more. They are failing in their payment solutions business so now they are switching to a business model that is way over diluted. There are so many vape pens out there that nobody would notice sings. Just a hype PR to sell shares I am sure. Use this chance to get out.
Agree 100%. Couldn't get no one to but their payment solutions so they had to pull out the old tobacco and vape card. Pretty sad.
I hear people say email Joe ask him anything....Why are none of these emails postsed on here?
Tey tell us they own those shares but very easily could be a pump company. Ever seen Wolf of Wall street?
It's funny to watch the long dream and view every delay as a positive. While the questionable longs, turned short, counter their comments with negativity. If this was a square company there would not be this much question. You people are funny. If there was really stuff going on there would more solid news out there (not rumors of impending news). Don't listen to this that supply hope with no fact. It would be like listening to the Detroit Lions ensuring you they are going to win the Superbowl THIS year.
it's pretty clear in the details of the Six Sigma that reproducing 2013 was a long shot at best.
They acquired six sigma and all their revenue. So last year's full revenue numbers are the perfect metric to compare 2014. They still own six sigma and the revenue from them.
Not sure you understand SING's business. The revenue maker now is non-mmj. That part of the business is a seasonal business meaning they make most of their money in the fall and winter months(Q3&Q4) when fund raising and charity drives kick into high gear. You can't compare Q2 revs to Q3 revs because they are different in consumer traffic. Q3 should be way ahead of Q2. You have to look at the annual numbers to get a clear picture and right now SING is a noticeable amount behind 2013. Hence the markets reaction.
Sorry was intended to be 3.75, fat fingers. Looks like the street loved the Q. Under a penny bye bye QB.