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Thanks so preferred do not get counted against O/S. I will do calcultion on the 1.15B.
10M net is based on 25% net profit on 40M worth of contracts I bet they have that by the end of this yr easily. 100M worth of contracts is 25M net profit.
Question - do they calculate the earnings per share on the common shares @ 800M or the common plus the B & C shares - 1.15B?? If they guarantee 10M net next 3 yrs then 10M/800M = .0125 then times it by a 25pe and you get .31 for the share price. I believe 10M net is in the bag and they will do 10M then 20M then 30M net for the next couple of yrs.
I agree with you on the 25% net margin and that the market is pricing it just on the 20M contract that has been confirmed. So it is trading a little under it value on this know information. It is my understanding that they have 100M+ in the bag but they have not confirmed it to the market. Once this is confirmed then it will be a different story. I think your pe is a little low. ID has a 32 pe on the part of the yr they made money. I think a 20-25 pe is more real once they confirm the contracts.
Deep down I believe it could be 1 dollar at the end of the yr if they book 200M before the end of this yr. They say in PR 80-100M. It is a little confusing because it does not say that is booked but I think it is. But when you are beating you hedge you bet a little so I told them in a yr.
I do not see what they have to offer?? The electronics business is a whores business. I might be missing something here.
They need to get an analyst to follow the company. On Wednesday I was at a Merriman Curhan Ford function (Investment banker in SF) and I bet one of their traders this stock will be over $1 by end of next yr. These guys will not follow pinkies but it is worth a try. I bet him on a few other stks. I know one of the managing directors. I am going to push the idea on the analyst there I met. He is an IC guy but maybe I can get him to pass the idea around.
Well said. They need to surprise the market with a couple of big contracts and then stated how many are still out there they bidded on. From there they have to give a forecast for the next yr and a forecast on earnings. They have be good forecast that they can beat and surprise the markets. The forecast have to be real and not low ball forecasts in the minds of the market. This is want the market needs.
NEOM could you send me the more detailed version at gibber12003@yahoo.com. Good stuff. I dropped in on GFGU on Wednesday to checkup on this company. I asked them if they would be infringing on NEOM's patents by shooting pictures of company's logos and etc. They said no. I am still trying to understand neom's patents are they just for barcodes or images included??
I am looking at both neom and GFGU. I believe this image recognition for cell phones is going to be big. I would like to talk more if you are following these two and others - off line no PM gibber12003@yahoo.com
I walked over to GFGU's office on Wednesday before going to a Investment Bank function in SF. I was checking out to see if this is a real company. It appears to me and it is in an area of SF where all of the software companies are locating. Adobe is across the street. The one thing I got out of the person I talked too was one of their biggest problem is getting the needed skill sofware people. I did ask about Carl Freer the backer of the company. As you know he has a colorful background. They know this but I think the CEO is really running the company. They have an office in LA which is their sales operation. I asked about if they would be infringing on NEOM's patents if they win their suite against Scanbuy. They felt they would not be. I was pretty impressed with what I saw. Unfortunately the CEO was gone and I hit them at lunch time.
Please add me to your list and send me the infor
gibber12003@yahoo.com
If I read the requirement right - when Evrm becomes a prime they could actually get 6% - 3 for prime and 3 for being a sub at the same time. Sounds like a double dip. Is this the little secret?
Very very interesting.
Could you send me your calculations - gibber12003@yahoo.com
Still .14 to .24 is a range it should be in not .0248
I think a .25 is more like it. 80M in revenue at 15% net profit equals 12M take 80% (to be real conservative - meaning 20% goes to Richard which I don't think will work that way)
you get 9.6M profit divide it by all of the authorized shares (to be more conservative instead of o/s) you get .012 cents per share and times it by a 20 PE and you get a share price of .24 cents
Anyone have L2 quotes??
Question how many Class A shares existed before the merger?
I have been impressed with your posts too. I would like to discuss some other ideas with you. Unfortuately I cannot PM. I like your approach and you seem very strong in the medical area. Could you email me at gibber12003@yahoo.com
Thanks, their approach is interesting they are trying to use three methods combined - voice, image & gps locationing to get the information to the cell phone usuer. They say in their 10Q they have 6 patents pending. I could not find them. Can you find patents pending??
What is the name of the company??
I would read the PR again. I have read it a couple of times and read many post and talked to a few people about this issue.
First it does not say they are increasing the O/S it states that they are going to increase the A/S to make accquistions in the future. This means Sym understands the basic principle for stock it is your currency to raise money to expand your business. Since he understands this he is going to take the best actions to accomplish all of the requirements to meet the 51% disabled service vet requirement and make the stock worth the most he can. So I read this to mean they are going to issue preferred stock with 2-5 votes per shares to give Richard the controlling interest. Syms also realizes if he raises the A/S to 1B it will have a bad pyschological effect in the marketplace. So this is how I see Sym handling the issue:
We are at 657,000,000 O/S and 790,000,000 A/S So there are 132M more shares that could be issued. My guess is he would increase the by 160M to get the A/S under 1B which would be 950M. So I think they will issue around 100M preferred shares to Richard with 5 votes per share. This would give him 51% control even if down the road if the issue all of the 950M A/S that might be authorized. These 100M shares for Richard could be converted over a 10 yr period for him into common stock or something like that. This would give the company around 200M shares as currency for acquistions. I believe in a couple of yrs the stk will be worth 3-5 dollars so the currency will be worth 500M-1B. This might sound crazy but if they do 500M revenue in 3-5 yrs at 20% net margin = 100M profit divide by 950M shares = .10 per share X 30 pe = 3.00 share price
The reason I say I believe it be something like this is Sym is smart and another person I feel knows a lot stated to me they were not going to dilute and this person has been honest so far. (it was not sterling) This is how I see it playing out or in some form like this. I feel we will not get screwed but we will get rich.
My question is can they give the controlling interest in the company by share voting power to meet the 51% requirement for Richard. What I mean is can they issue preferred stk to him with a 2-3 votes per each share of preferred stock?? If they do this then he would have control of the company in votes and they would not have to increase the o/s.
Glad to see you joined the party. I wish I had gotten into your oil stk what was it erch??
Look at their product it is basically software and compare it to the margins MSFT has. Not that much overhead for the product they have compared to running a cleaning service for the gov't. If I was going to stick my neck out more I think they could do between 25-35% net profit but I am being conservative and I am using 15%. They might be considered a prime contractor but they do not have the resources to bid on these huge contracts like General Dynamics or Lockheed. They will be what we call the auto industry a tier1 supplier. These a very important suppliers that can make good money. If I was going to stick my neck out further they might get 200M+ worth of contracts by the early part of next yr. Time will tell. Right now the only things to play have to do with the gov't because the economy is so bad and they have the money. This is the perfect storm - company doing business with gov't that is disabled veteran, controls the best technology for biomentrics - it cannot get any better. Problem is they have not been able to get the story out to the investment community clearly.
That is probably correct but as another poster pointed out all of the calculation will be based on the total o/s. If the revenues are huge and the profits great the stk will over come this increased o/s. I expect the company to have locked in at least 100-150M in contracts by the end of the yr. So if they get 150M at 15% profit then they will have 22.5M * 80 = 18m divide by 1.1b shares = .0163 per share * 25 pe = .40 share price
I was in at .0044 and it drived to .002 so I know how you feel. It is I have watched enough of these stks and everyone says it is the MMs playing games. They do play games on these stks when the volume is huge to get away with it. But the markets are so efficient that they price the fair value with the information they have or expect and it looks like they were pricing this os increase for the last month. So the only thing to move it now is the contracts with forecasts. I think we will get them shortly. The oct1 is when all of the money has to be used for this yr for the govt contracts. So I believe the prime contractors have won and now the subs will be let out. This is what will move the stk again.
The way I see it they have to increase the o/s to around 1.1B to give richard 51% control. This is assuming they bought back about 100M shares the last couple of weeks. If 657m o/s minus 100M bought back then 550M shares o/s and then issue richard 451M to get 51% ownership. Just my thoughts.
I already own at .0044 so I am just waiting for the $1.
Looks like the market is pricing the stk on 1.4B shares and the know 20M contract as follows:
20M times 15% net profit = 3M times 80% = 2.4M profit
2.4M divide by 1.4B shares = .0017 per share * 20pe = .034 stk
price
You nailed it. I was saying until we know the stk structure the price will hold. Looks like the market priced in a 1-1.4 O/S for the financing and used just the 20M contract so far. Looks like the stk is price aout right for this information. The only thing to move it now is more contracts.
Has anyone called the transfer agent??
So how do you get 51% ownership to Richard without floating more shares?? Please give calculations?
Better buy at .0044 - good to hear from you.
Maybe things don't checkout like their phone is no good - it is for a cleaner or something like that in NY and they do not have the franchise for TacoTime in NY. Need to check on Blimpie. Not sure what they have the infor they put out is @ 2 yrs old.
A friend of mine in the restaurant business checked with Khala and found out RKLC no longer has the franchise for TacoTime in NY. Do they still have Blimpies??
I agree with you if my limited understanding of how technology is licnsed and paid thru royalties. It is my understanding that a certain percentage is paid on the selling price of each manufactured equipment using a company's patent. So if NEOM get .05-.075% from the manufacturer using their technology it adds up fast. 200M phones at a .25-.60 cents would pay of the loans in a yr plus having left over money for the co. This could go on for 5-6 more yrs before the patents run out. 1B revenue is possible over the remaining life of the patents.
When I put in the phone in Yellow pages I get Krysta Tile Bohemia, NY Does anyone have a good number for the company??