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Use water flush and salty water. They might be better than dentist
Agree the importance of market open and close. just sold all my UVE I bought yesterday, and net over $10k, enough for a good trip! It might continue to rise, but new attack might kill it
You are so marvelous! Thank you!
Really crazy, VRX as well as Left!
Anyone likes MEET? Seems great in the pre-announcement
Why down 90% in 2003? I thought 2003 was a good year for stock recover. Do you mean "down 90% from 2000-2003"?
hweb2, I was so lucky in getting 4000 ford at $0.92 this morning. Unfortunately I was so stupid to sell them all at $1.49 soon, primarily due to the reason you mentioned as well as because yesterday it was only $0.63
Hahaha, the casino house with 100 tables where the odds for our winning is 70-80%
Thanks, Rawnoc, the short term performance may depend on luck, but the long term one will surely depend on hard work and research.
wadegarret: I do not get you this time. I had the worst years just like you in 2008 US financial crisis as well as 2011 China microcaps. But I had the best years in 2009 as well as this year. Right now I am fully invested with about 100 stocks. There are so many undervalued stocks that I just do not have money to buy more.
Thanks, USNA rose 36% to over $176, crushed all shorts today! Which one may be next shorts crusher?
I own both NHTC and USNA. I initially bought NHTC in 2003 when most of its revenue came from US. I sold them in 2005 when its founder and previous CEO disclosed some improper inside dealing, and eventually the previous CEO left the company along with most US sales associates. US sales became negligible afterwards. After it struggled for a few years, its Hongkong sales began to recover about 2-3 years ago, then I bought back my NHTC shares. Since I knew a few distributors and customers in Hongkong, China, Canada and US who love its products, I am keeping in tough with them regularly, and I know its business is booming not only in HOngkong but also in US and Canada in the past year, I have kept most of my NHTC shares in the past 2 years.
In 2011, I lost a lot from China small caps. When management team in US listed China companies make fraud, they would be punished by neither US nor China, and there is grey area. I can feel your pain and others here. But as you can see in their 10k, both NHTC and USNA are always US companies, and their management teams are always US citizens, and they will be most likely punished in case they indeed make fraud. Therefore it is unlikely that they dare to do so.
Last but not least, NHTC's current management team cares shareholders much more and keep cost in check far more closely than its previous management team.
hweb2, Similar to NHTC, USNA's major revenue and growth is in China lately, though its products are mostly made in US and shipped from USA, and its founder and management team all are from US and educated in US. Could you say USNA is a China company? USNA share price jumped 17% yesterday evening, powered by China sales. No one could deny that both USNA and NHTC are US companies. On the other hand, there are bad apples in China just as in US, this does not mean all China companies are fraud just as not all US companies are fraud. As usual, I appreciate your feedback.
Wadegarret: I indeed got burnt in some companies from China in 2011, but I also got huge profit from some other China stocks. On the other hand, NHTC is a US company rather than a China stock. It does lots of business in China just as many US companies such as Apple and Microsoft do a lot of business in China
SSKILLZ1: NHTC started in US by an American about 20 years ago. About 10 years ago, the American founder's greedy and squander and fighting among managers caused most US distributors left the company. Now the trend is reversing. The Northern American sales rose 221% to $1.878 million last quarter vs the same quarter a year ago. Based on my conversation with some North American distributors, the sales continue accelerating and it would not be surprising me that the North American sales grow to over $5 million a quarter or $20 million on annual basis in one year. On the other hand, Hong Kong, China, Taiwan and South Korea sales continues to rise about 100% year over year. Next year this time, we would not understand why the share price is so low this time.
There is little chance that NHTC is a complete scam, because
1) I personally know two ladies who have been using its products regularly in the past 10 years even after they were no longer its distributors;
2) I personally pretended to buy their products in several places and have a feeling that their business is indeed booming not only in Hongkong and China, but also in US and Canada.
The share price fall in the past a few weeks is possibly due to Chinese stock market crash. But the press release yesterday showed the opposite.
It seems that their north american sales is rising rapidly as well
That's helpful, thanks very much, Larrybaz
Thanks a lot, Econ
Thanks a lot, Larrybaz
Thanks a lot, Researcher
Thanks
Which stock brokerage is the best overall in USA? Which one are you using most? How do you think about firsttrade securities? I have accounts in Canada, but thinking to open a brokerage account in USA.
Why was the profit margin in q1 unusually high?
Is your mom still a rep there? Do you still hold some shares? I got in a year ago and believe that it is on the way for revenue and share price growth to the old time glory of 2005.
Interesting, really long term, should be very valuable. Could you share the lessons you learnt from it? You can email me at jzqu@hotmail.com if you want to share privately. Thank you very much.
MTEX is rising but no new posts?
I believe that the METX's rising is just at the beginning. The management has learnt the lesson from the painful experience, they are cutting cost, and the revenue starts to rise. Once the trend is set, it would not surprise me if it pass the all time high nearly $300 8 years ago.
Thanks, CPTMatt
Thanks, Bobwins,
The detail on the receivables that I mentioned is in the Note 11 of its financial report for the quarter ending June 30, 2013 (page 44).
Bobwins, you wrote a very informative post on nci. Thanks. One thing I do not understand is how the company could book the un-billed license fee as revenue. Could you explain it in more details? Would this unbilled license fee revenue be reversed in case they do not have personnel to install related software? Does this meet accountinig rule?
Just read through the 10k, and the main reason why the earning during the 4th quarter fell 19% despite 51% revenue rise vs. a year ago was because of higher total expenses which were $638,117 in 4q 2011 compared to $384,818 in 4q 2010.
You're smart and right, thanks. Still, the slowdown of the pharmaceutical sales growth, and earning during the 4th quarter falling year over year are not encouraging.
Where did you get the number of $656k as Pharmaceutical sales? I could not find it, and worry that pharmaceutical sales durinng the 4th quarter might fall sequentially as well. Hope it did not.
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Seems that its 4th quarter revenue and profit fell sequentially, and earning per shares during the 4th quarter of 2011 was about $0.005.
You're right on SDX vs. TGA. One more difference: SDX mainly produces light oil having higher price and higher premium than TGA mainly producing heavy oil. I started to buy TGA when it was traded at $7.4, and started to buy SDX when it was traded at $0.095. Both may be great buyer in the long term as long as oil price does not fall significantly.
SDX.v, 60% discounted Egypt oil player vs. TGA(TGL.to)
TGL.to(TransGlobe Energy Corporation) currently prodcues 11,779 bbl per day, and projects to produce 18,0000 bbl per day next year where about 70% and 30% production will come from Egypt and Yemen respectively. TGL currently is traded at $9.43 with market capitalization of $688 million. But before Yemen experienced political turmoil last March, TGL was traded about $15 with market capitalization of $1,100 million.
With just announed new acquizition plus current oil production, SDX.v projects to produce about $9,0000 bbl per day next year, half of TGL's. All SDX's oil production is located in Egypt which does not have political turmoil like Yemen. Therefore, SDX' fair market capitalization should $550, or half of TGL's $1,100 million.
SDX.v currently has 380 million shares. SDX will issue 350 million new shares for NPC Egypt acquizition, and will issue 300 million to 750 milllion additional new shares for the $75 million equity financing based on issue price 0.1 to 0.25. In the end, SDX will have 1,030 to 1,480 million shares outstanding. Based on its fair market capitalization $550 milllion, SDX share should be traded at 0.37 to 0.53.
Even if use TGL's current depressed market capitalization $688 million in comparison, SDX should have market capitalization $344 millllion and SDX share should be traded at 0.23-0.33.
SDX was traded at 0.095-0.105, over 60% below its minimum fair value after it resumed its trading at 2:30pm yesterday. I guess that it may take time for the market to appreciate the value of new acquizition.
Thanks for sharing your ideas. I have spent some time in looking into them, feel very interesting and will put them on my watch list.
Compared to MMY.to, BZA.to and GGN.to has comparable market capitalization, but their production cash cost seems significantly higher; they have more uncertainty with much less cash. Besides, MMY.v is in the process to increase significantly its annual gold production from its producing mine, and the Company is targeting production of up to 55,000 ounces of gold for the fiscal year ending June 30, 2012, and more to come in 2013.
OCO.V seems attractive with quite low market capitalization. But it may be riskier, as it has little cash with more debt, requires more equity funding to dilute, and it requires more time to develop into gold producing stage which means more uncertainty.
You have good points on MMY, which may be the reason why the company has a new acquisition. At the mean time, they are increasing the reserve on the existing mine.
Please let me know some names if you have better candidates. Thanks.
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) is the most undervalued gold produer with p/e below 2, and lots of cash with no debt. The management seems having the successful experience to turn seated Malaysia gold mine tinto huge profitable gold producer as shown in Selinsing Gold Project. New acquizition of Mengapur Project has much larger potential. Though equity financing is a little too expensive and dilutitive, the company has no other choice, and it is better than giving up Mengapur Project.
http://finance.yahoo.com/news/Monument-2012-First-Quarter-cnw-1459018967.html?x=0