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Thanks very much Laxmi! These are very bullish numbers. I understand that they are based on the assumptions you mention. What may be at least as interesting is what numbers are achieved in practice in relation to the numbers in the assumptions you mention. I take it that such numbers will be available before long too.
RD "As people will be interested in how much money we can make in 1 year. Not 5 years from now." At my age of 81 at least I am much more interested in what can be expected to happen in year 1 than in year 5.
uber I have over estimated your ability to understand what "painting" refers to when it comes to stock prices before closing.... Or are you just dishonest?
Laxmi, Thanks for the update! I wish you and your family a continued Merry Christmas and a happy new year.
uber Do you really regard the following facts a paint job?
Date
Timestamp
Price
$ Change
Volume
12/22/2023 15:59:52
0.0029
0.00 250,000
12/22/2023 15:59:52
0.0028
-0.00 130,000
12/22/2023 15:59:51
0.0029
0.00 203,410
12/22/2023 15:59:48
0.0029
0.00 796,590
12/22/2023 15:59:47
0.0029
0.00 200,000
12/22/2023 15:59:21
0.0029
0.00 22,500
12/22/2023 15:59:09
0.0029
0.00 1,200,910
12/22/2023 15:59:09
0.0029
0.00 250,000
12/22/2023 15:59:09
0.0029
0.00 500,000
12/22/2023 15:59:09
0.0029
0.00 49,090
I think a fair assessment suggests that this was a very strong close.
TheIrishIntelligence Did you not notice that these numbers are more than half a year old and therefore of little interest now?
Homebrew Strictly speaking I agree with you about uplisting. Otc is not being listed.
shotsky "So in principle, the market cap would DROP with a buy back". I think this is a simplistic line of reasoning. In a realistic world the pps may drop, increase or rise after a buy back. The all-important factor is the price paid in the buy back. It may be very low or fairly high in relation to net assets per share or in relation to future prospects or the opposite. Normally a company will not buy back shares if it can expect that the stock market will think it is unwise to do so. Therefore in a rational world the pps will in most cases rise after a buy back. But in some cases the return on spending cash on investments can be so good that it will look foolish to spend available cash on a stock buy back instead. In such a case it might be justified if the pps because of the unwise investment decision.
TheIrishIntelligence
"Share buybacks, net of share sales, would increase market cap." In practice you are in most cases right I think. The stock prices tends to rise more than fundamentally justified in such cases because it is an indication that those who lead a company think that that the pps is lower than justified.
Long I see eye to eye with you regarding the potential rise in the pps if things move in a good direction.
TheIrishIntelligence "Cancelling shares would increase the market cap." Do you know what the market cap is? The market cap would in principle stay the same after shares are cancelled but each share would increase in value because there are fewer shares outstanding and the total net assets would not change by shares being cancelled.
JPS02 Good post! I think you mention valid and important points based on facts that really matter. I think it may be counterproductive to make way too optimistic guesses about net profit margins. We are supposed to get the expectations in this field from John Park before long. They may come as a letdown if they are much lower than the number mentioned by a poster who appears to enjoy a high standing here.
dranes You should try to be correct. It increases credibility. Posting statements that others can see are not true reduces your credibility.
rockie Correct! Nice that some posters try to be correct.
dranes My point was that your statement was not true. Your post does not make it more true.
I first sold all my shares at a profit of about 60,000 dollars. In my European country it was no longer to buy shares in this company because of its otc quotation. Later I bought back some using Ameritrade and sold those shares at a loss when it turned out that Paul achieved nothing. At an interval of months I checked the pps of SPZI and by chance the last time was when the pps was $ 0.0011. I bought 4.7 million shares at that pps and later some 4 million at about twice the pps. My general attitude is to try to have an open mind and to try to assess the information I come across impartially. There are bashers here who seem to have an agenda. On the other hand I don't find it convincing that the most damaging negative statement is just ignored.
stervc The identity of Paul Strickland was also discussed on this board a few years ago. It then became apparent that there are two persons with the same name.
dranes As I have pointed out before it was not an all-time high. The pps has been about twice as high during the last two or three years. Some of us are not new to this stock. Altogether I have been a stock holder for almost 15 years. For most of this period I owned almost one percent of the company.
jdcpa1 "let's consider the roughly $600 Million that should be coming here at a minimum. Let's presume a basic 20% Net Profit Margin." This refers to two enormous deals in sugar and chicken paws. In my view it is totally out of this world to assume a net profit margin of 20 percent in such big deals. I would be very happy with a net profit margin of 2% related to such deals.
rockie This is far from all time high. As far as I remember the pps was about twice the current $ 0.0029 a couple of years ago. It was at the same pps a few days ago.
When it comes to shorting an important distinction is ignored here: illegal naked shorting and legal shorting that is not naked.
shotsky Are you teaching me? I have been an active investor for 50 years. I have been a member of an association of finalcial analysts in my country. Trygve Hegnar who owns the leading finalcial magazine in my Europen country - Kapital - in some TV programs talked with people he invited about stocks. I was one of those who did that. After the peogram he told me he was very happy with the conversation between himself and me.
shotsky I suggest you check the site I referred to. An exact number was quoted there but I was unable to copy it.
jdcpa1 "StervC put out a scenerio where the 2 contracts alone with margins and a normal PE put this at 31 cents.." My view demonstrates that the poster you refer to lives in a different world from the real one. A profit margin of 20% is totally undralistic in this situation. My view is that a profit margin of 0.5 percent is way closer to the truth in the real view.
I read on Stocktwits that right now SPZI is the most shorted OTC stock when it comes to the number of shares shorted. That number was almost 120 million shares, which is almost exactly 50% of the number of shares that traded yesterday. This means that if the pps continues rising shorts are likely to sustain losses.
stervc "Just use the Substitution Property with your thoughts of a 2% Net Profit Margin and it would still make SPZI worth north of .03+ per share". You have to explain your reasoning in more detail since I am not knowledgeable enough/intelligent enough to understand your reasoning.
stervc "$600,000,000 Revenues x 20% Net Profit Margin = $120,000,000 Net Income" In my view a net profit margin of 20% on such big deals is totally out of the world. I guess a net profit margin of two percent would be quite optimistic.
peeved Yesterday I checked the price of chicken paw in what I assume is the biggest retailer in the world.I found more or less the same price as you mention. But it is the sales price and not PROFIT. The sales price is higher than I had expected it to be. There is not much meat in chicken paws but t hey are supposed to be very healthy for a long list of reasons. The chicken paws contain a lot of collagen. That may explain the demand for it in certain parts of the world.
shotsky "I doubt that their profit is above a couple percent." Let's assume the profit margin is 2 percent. That would generate profits of 12 million dollars with revenue of 600 million dollars.With a market cap of 55 million dollars the p/e ratio would be as low as about 5 just based on these deals. It is in my view pretty immaterial what the sharecount is. What matters is the market cap. People invest a certain sum of money. With a low pps they get a lot of shares for their money.
peeved I arrived at the same line of reasoning that you did before reading your post. Since the deals are so big I assume the margin will be quite slim but even a slim profit margin will justify a market cap of 55 million dollars if the prospects of the company are good.
shotsky "You can't get to $0.01 with an OS of 5.5B - that would make it a $55M company market cap, which is not going to happen with sugar and chicken paws, overnight." With 31 million shares you own a bit more than 0.5 of the O/S. It will of course take some time to uplist. The sugar and chicken paws deals mentioned amount to more than 500 million dollars as far as I remember. I have no idea as to what is a realistic margin. If it had been 0.5 percent it would generate profits of about 2.5 million dollars, which could justify a market cap of 55 million dollars since this is just two out of several sources of revenue.
His message to us makes me optimistic as a shareholder. To me he comes across as an honest person.
Crash I t hink the float is close to the O/S.
Ringing 7 Are you new to the stock market? Is the run over you ask. I suggest you check what happened to SPZI after it "arose from the dead" a couple of years ago. It is normal that a stock price rises by leaps and bounds in this type of situation with big slides along the ride. What we witnessed yesterday is hardly the only significant piece of news we can expect.
What impressed me about these impudent swindlers was how they performed during conference calls. My general impression was they were on top of a lot of detailed information and were generally able to reply very well to the questions posed. One person who raised a question after thesting the volume of activity of Nigerian farmers and it was extremely low. Dozy replied but I did not understand the details he mentioned in his reply. I now understand that this was a very revealing issue. A general fact the stock market should have attached much more importance to is that in practice companies face a lot of headwind in various ways. The African business never seemed to meet any problems!
15for2 Are you new to the stock market? It is normal to sell on good news. When some traders have sold the pps usually reflects future prospects.
lucky In my country my regular tax on income would have been reduced by some 38% based on the loss in selling TMNA shares.
lucky I get the impression that there was only one trade of almost 155,000 shares at less than a dollar. For tax purposes this may have been a very rewarding trade for the seller. At least that would have been the case if I had been a seller. I sold my last shares for almost 10 cents per share.
TMNA has now started trading again. A subst antial number of shares changed hands. Trades Volume VWAP Dollar Volume Avg Volume 52 Week Range
1 154,490 $ 0.000001 $ 0.139 - 0.000001 - 0.8624
La
I find it interesting that the pps is holding up so well after the strong rise.