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monkeybiz Good report.
Thanks for the time and effort you put into this.
Dick Milde
Looks like the used car business is healthy.
CarMax Raises 4th Quarter Expectations Again; Cites Seasonal Subprime Sales Increase
Tuesday February 22, 4:15 pm ET
RICHMOND, Va., Feb. 22 /PRNewswire-FirstCall/ -- For the fourth quarter ending February 28, 2005, CarMax, Inc. (NYSE: KMX - News) today:
* Raised comparable store used unit sales expectations to growth of 11% or
12%, and
* Raised earnings per share expectations to 26 cents or 27 cents.
On February 3, 2005, CarMax had raised fourth quarter expectations of comparable store used unit sales growth to a range of 7% to 9%, from earlier expectations in a range of 2% to 7%, and earnings per share to a range of 23 cents to 25 cents, from earlier expectations in a range of 19 cents to 23 cents.
"At the end of January, we began to experience a dramatic increase in sales financed by our subprime lender DRIVE," said Austin Ligon, president and chief executive officer. "Based on industry patterns, we understand that subprime transactions can see a two-to-threefold increase during tax refund season, and we have seen such an increase since the end of last month. We now believe that DRIVE-financed sales will contribute approximately 5 percentage points incrementally to our fourth quarter used unit comp sales. We had been reluctant to forecast such an increase in our subprime business based solely on the few superstores that were testing DRIVE in last year's fourth quarter." CarMax rolled out subprime lending to its full superstore base in August 2004.
more...
http://biz.yahoo.com/prnews/050222/dctu050_1.html
Dick Milde
Len Tax by the mile...
Well said. The GPS thing is stupid. Just remember how many stupid ideas originate in California
Dick Milde
AJAY.PK continues to update their financial reports.
Just released their 2002 10K. I talked to Brian Donnelly COO a few weeks ago and he said his top priority is to get all the financials up to date. They are making good progress... 8 reports to go. I assume they are planning a listing... Why else go to all this effort to update old reports.
At the current price of .07 this is truly a lottery ticket !
Dick Milde
Ask and It's yours !
http://biz.yahoo.com/iw/050215/081027.html
Dick Milde
NYIL lentinman
I held this for a short time and got out a few days ago. They have done a good job of updating their web site. I got out for two reasons... Their PR's seem to be toned down from the original announcement re a merger. Also, I got nervous about the pink sheet requirements for some reporting. As I understand it the new pink sheet standard does not keep a company from trading it just won't show up on pinksheets.com if they don't provide some minimum financials. Your broker should continue to provide the same quote info as in the past.
I'm still holding NWAU.PK for example because my confidence level is much higher that they will move forward. They have provided so much communication to shareholders that they are going to look really stupid if they don't follow through. Then again... Stupid and money mix in strange ways !
I have it on my watch list ( NYIL ). What's your opinion ?
Dick Milde
China energy
If only half of that article is correct we are in big trouble...
"A year ago, the Wall Street Journal reported that a sell off of U.S. treasuries has already started. If a small country like Vietnam or Thailand started selling it may not be the end of the world but if China started selling, the U.S. economy would be in a tail spin. Long term interest rates would climb and bond yields would sky rocket. This could start a stampede of selling which would devastate the stock market. This is the treasury trap America is in.
Though a major sell off hasn’t happened, it’s clear the U.S. dollar is losing ground to the euro and other major currencies. Consequently we have seen rising interest rates, a falling dollar and an upward flight of gold as well as upward pressure on oil, gas, coal, copper and other key commodities.
The implications of this fact are staggering. As the demand for commodities increases, insightful investors who can see this trend and position themselves now in growth oriented equities holding gold, oil, copper and other key commodities will be sitting pretty if a few years time and will have weathered the U.S. dollar collapse better than most."
Dick Milde
HOM Interesting research report
Thanks to kenneth weiss at SI
http://www.gatewayreports.com/reports/HOM_3Q_2004.pdf
After talking to the CFO this week I took a position. He says backlog continues to increase.
Dick Milde
NOTIFICATION OF LATE FILING
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000317477&owner=include
Looks like the 10Q is going to be delayed a few days. I wouldn't read too much into this. This company is still in the start-up phase and it doesn't make any sense to consider this as a "warning". They haven't done enough yet to fall short of any expectations.
Dick Milde
Overall this is a good PR. They are very proactive and have a plan to go forward.
SCOTTSDALE, Ariz., Feb. 9 /PRNewswire-FirstCall/ -- NowAuto, Inc. (OTC: NWAU - News) announced today that it is launching a new marketing campaign.
http://biz.yahoo.com/prnews/050209/phw016a_1.html
Dick Milde
HOM I talked to CFO Rick O'Brien
He tells me that business is very good and he is very optimistic about the level of business in '05. 2005 guidance will be give close to the time they report Q4 on Mar 15.
I asked about the current back log with reference to the reported back log on Dec 27.
His comment was " The back log is strong and continues to grow".
Dick Milde
Did anyone notice ?
:: BIGGEST PRICE GAINERS FOR STOCKS ABOVE $1
http://www.pinksheets.com/marketactivity/biggest_price_gainersC.jsp?Shortlist=&Prefix=ps_domesti...
Dick Milde
JMIH looks like good value here.
I just added some as well.
Dick Milde
CXTI Reading more closely...
The research report implies that the recent maintenance contract is for the current year.
The PR dated Feb 1st reads as follows:
CXTI also announced that it has been awarded a 3-years maintenance contract for the e-government system of Jinjiang City Government worth USD$3.9 million payable on annual installment of USD$1.3 million each commencing from February 1, 2006.
http://biz.yahoo.com/prnews/050201/nytu129_1.html
Also, I noticed in the research report that the writer is using less shares outstanding for the F/Y '04 and '05.
Was there information previously disclosed that they intend to buy back shares?? My sometimers is kicking in and I just can't seem to remember that one.
Dick Milde
CXTI research report update...
Thanks to tmz555 on RB
http://www.spelmanresearch.com/reports/415.pdf
Dick Milde
Lots of sales going at the ask.
Volume already over the daily average.
Dick Milde
NWAU Business environment looks good...
Associated Press
CarMax Boosts 4Q Sales, Profit Views
Thursday February 3, 10:04 am ET
CarMax Lifts 4Q Forecast on Expectations for Higher Same-Store Sales; Shares Jump
RICHMOND, Va. (AP) -- Used-car retailer CarMax Inc. on Thursday forecast a quarterly profit above Wall Street targets, lifted by an upswing in sales that has carried over from the prior quarter.
CarMax shares soared on the news, climbing $2.31, or 7.8 percent, to $31.84 during morning trading on the New York Stock Exchange.
http://biz.yahoo.com/ap/050203/carmax_sales_1.html
Dick Milde
JMIH New boat model...
Looks like a big one ! $ 248,000 each.
http://biz.yahoo.com/bw/050203/35383_1.html
Dick Milde
TGCI CEO and VP selling shares...
They have sold almost all their stock. Anybody have some idea why ??? Last PR indicates they put on a 3rd crew with new equipment because of the increased business activity.
Why are these guys selling all their stock ???
http://www.sec.gov/cgi-bin/browse-edgar?company=tgc+ind&CIK=&filenum=&State=&SIC=&am....
Dick Milde
Opps...
Wrong board.
Dick Milde
BGC conference call replay...
http://biz.yahoo.com/cc/4/51764.html
Dick Milde
CXTI maintenance contract
Isn't this how a business is established ? Provide the up front requirements and if you satisfied your customer you get the on going maintenance.
CXTI also announced that it has been awarded a 3-years maintenance contract for the e-government system of Jinjiang City Government worth USD$3.9 million payable on annual installment of USD$1.3 million each commencing from February 1, 2006.
KUNG SZE-CHAU, Chief Executive Officer of CXTI, stated, "The Jinjiang City Government is very pleased with the e-government system built up by CXTI and that the system has been selected by the Fujian provincial government as a model project for all cities and counties in Fujian province. The award of the maintenance contract for the e-government system of Jinjiang City Government reflects our proven success and capability in e-government construction for communities and municipal governments. We expect our profit margin is around 40% which will certainly provide us additional and stable revenue steam during the period from 2006 to 2008."
http://biz.yahoo.com/prnews/050201/nytu129_1.html
Dick Milde
USOO The major freight carriers are turning up good numbers.
See this report from YELL...
http://biz.yahoo.com/ap/050127/earns_yellow_2.html
Also, check out their stock chart.
USOO should be very busy and generating good volume as well.
Dick Milde
otcbargains CXTI
Perhaps it will go for 4.5 times earnings and we'll just have to be satisfied with 400 % growth per year :)
Dick Milde
CXTI doing good.
Looks like the plan is starting to fall into place.
Dick Milde
BARRETT-JACKSON auction
Live on the "Speed" cable channel right now.
Dick Milde
Power Pole...No offence, but...
You are losing your audience because of the distractions you include with your posts. The most obnoxious animations provided by advertisers are not imbedded between the text of the web page.
I'm here to learn about CPTC.
Dick Milde
Auto Auction PR...
http://biz.yahoo.com/prnews/050127/deth017_1.html
Dick Milde
NYIL.PK creeping up...
The port contract should help.
http://biz.yahoo.com/bw/050124/245591_1.html
Dick Milde
email response from IR...
My email:
This is an Interesting California Energy Commission Report that discusses most of the California electrical energy problems. Section on power distribution is near the end.
http://www.energy.ca.gov/reports/CEC-100-2004-006/CEC-100-2004-006CMF.PDF
In reviewing the participants on page 6, I notice that CTC is not on the list. 3M does participate. I'm sure CTC can't be everywhere all the time but, this one seems important to me.
1. Is CTC aware that these meetings are taking place?
2. Does CTC expect to participate in the future?
3. If not, why?
Here is a reference that should clarify why 3M has an interest…
http://www.3m.com/market/industrial/mmc/accr/
Thank you for your response.
Dick Milde ( CPTC stock holder )
**********************************************************
IR response:
Dick,
Thanks for the heads up. CTC is looking into the event and will likely participate. Same has yet to be confirmed however.
We appreciate your interest.
Regards,
‘James Carswell
NYIL.PK Baltimore port contract...
Green Energy Resources Obtains Baltimore Port
Monday January 24, 10:57 am ET
HUNTINGTON, N.Y.--(BUSINESS WIRE)--Jan. 24, 2005--Green Energy Resources, formerly New York international log & lumber co (nasdaq otc pk NYIL), announces Baltimore port contract. The contract (for a port facility) enables GER to directly load woodchip carrier vessels and eliminate costly and expensive port handling charges. The savings represents between 20-25% of the total material handling costs to suppliers.
The Baltimore, Philadelphia, Washington market is the largest source of urban/suburban wood supplies (non forest wood) in the USA. The port facility will make Green Energy Resources more competitive by increasing available wastewood volumes and reducing freight/shipping costs.
http://biz.yahoo.com/bw/050124/245591_1.html
Dick Milde
Interesting report
This is a California Energy Commission Report that discusses most of the California electrical energy problems. Section on power distribution is near the end.
http://www.energy.ca.gov/reports/CEC-100-2004-006/CEC-100-2004-006CMF.PDF
It's a large file. If you have a standard modem connection it will take a while to down load.
Thanks to imaginativetrader at RB for the spade work to find this.
In reviewing the participants on page 6, I notice that CPTC is not on the list. 3M does participate. It would be interesting to hear from CPTC why they are not part of this. I'm sure they can't be everywhere all the time but, this one seems important to me.
I'll ask CPTC to comment and will post the response.
Dick Milde
Sheriff Lentinman
Thank you.
Dick Milde
AJAY.PK Franchise information...
http://www.progolfamerica.com/FranchiseInfo.html
Stock price made a decent move up since the last two PR's re franchise growth and national ranking. Company is cleaning up the financials and getting all filings up to date. " Top priority " said Brian Donnelly when I spoke with him on Monday.
My guess is they are planning to file for an exchange listing.
With only 4.2 million shares this won't sit still long.
Dick Milde
AJAY.PK Another PR...
Pro Golf Ranked No. 1 Golf Franchise in 2005 by Entrepreneur Magazine
http://biz.yahoo.com/pz/050119/71134.html
Brian Donnelly told me Monday that he was working hard to gain some credibility back. Looks like they are trying.
When the filings are up to date it will get very interesting.
Dick Milde
Another acquisition...
Should double sales for 2005. Delays filing 60 days.
http://biz.yahoo.com/prnews/050119/phw017_1.html
Dick Milde
AJAY.PK I talked to COO
I called the company and talked to the COO Monday. He is very positive about the future of the company and said that his No 1 priority is to get the filings up to date. He would not elaborate and would not provide any additional details but confirmed that the filings are his top priority.
Indicated that there are approximately 4.2 million shares out.
This has to mean they plan to file for an exchange. See recent PR on Yahoo. Looks like good growth.
At this price this is a good lottery ticket.
Dick Milde
JMIH.OB Research report
Compliments from mba7 at the RB board.
http://www.researchstock.com/
Dick Milde
USOO.OB Form 4's today for CEO and CFO
The CEO and CFO both purchased about 6,000 shares each during the last week.
http://www.sec.gov/cgi-bin/browse-edgar?company=US+1+Industries&CIK=&filenum=&State=&...
USOO.OB is in the trucking business. The healthy economic environment is keeping the trucking industry busy.
Dick Milde
AJAY.PK I talked to CEO
I called the company and talked to the COO yesterday. He is very positive about the future of the company and said that his No 1 priority is to get the filings up to date. He would not elaborate and would not provide any additional details but confirmed that the filings are his top priority.
Indicated that there are approximately 4.2 million shares out.
This has to mean they plan to file for an exchange. See recent PR on Yahoo.
At less than .10 this is a good lottery ticket.
Dick Milde