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ANTP 2 MM float wireless stock $766 MM contract
ANTP ($7.4) is a 2 MM float wireless stock that went from $5 to $50 in 2005 and is about to go BALLISTIC. ANTP is part of a Lockheed Martin consortium that won a $766 MM DEFENCE CONTRACT IN FRIDAY.
IN 2005 ANTP ROSE 22% THE DAY AFTER A $50 MM LOCKHEED MARTIN CONTRACT AWARD. FRIDAYS CONTRACT WAS 13 TIMES AS BIG AS 2005 AWARD.
HERE IS DETAILS OF THE 2005 CONTRACT
http://www.lockheedmartin.com/news/press...
The day after this announcement the stock rose over 22% the following day. The contract amount was just for 50 million dollars. The Pentagon announcement on friday is 15 times larger for Lockheed and BAE Systems standing at an acurate 766 million dollars. This contract is worth not just 766 million but could be worth up to 10 billion over the lifetime of this contract. You could be right the stock could ramp and fly on monday to 20 dollars or more in anticipation of this future huge subcontract announcement. Radio encrypted mesh technology is a hot sector to be in. ANTP is in this hot stock sector today. BAE Systems has always sub contracted many of their previous deals to ANTP and with the Air Force's help I believe a sub contract is coming too us. The stock has reacted to news with Lockheed/BAE Systems in the past but this time the contract is 15 times larger than the past. Over the lifetime amount its 100 times larger than life.
13-Sep-05 16.58 19.49 16.48 19.41 661,600 19.41
12-Sep-05 16.40 16.77 16.29 16.58 66,300 16.58
9-Sep-05 16.72 16.88 16.37 16.45 60,100 16.45
Other reasons ANTP is set to EXPLODE:
Large insider buying recently
-Largest backlog in a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
-They just hired a CFO for first time gave her options at $5.70 per share they must think lots of upside from 5.70.
-New line of wireless mesh products coming out.
-2 MM float
-$3 per share cash and inventory.
This will be a fun play the next 3 weeks looking for $9 by earnings.
ANTP 2 MM float wireless stock $766 MM contract
ANTP ($7.4) is a 2 MM float wireless stock that went from $5 to $50 in 2005 and is about to go BALLISTIC. ANTP is part of a Lockheed Martin consortium that won a $766 MM DEFENCE CONTRACT IN FRIDAY.
IN 2005 ANTP ROSE 22% THE DAY AFTER A $50 MM LOCKHEED MARTIN CONTRACT AWARD. FRIDAYS CONTRACT WAS 13 TIMES AS BIG AS 2005 AWARD.
HERE IS DETAILS OF THE 2005 CONTRACT
http://www.lockheedmartin.com/news/press...
The day after this announcement the stock rose over 22% the following day. The contract amount was just for 50 million dollars. The Pentagon announcement on friday is 15 times larger for Lockheed and BAE Systems standing at an acurate 766 million dollars. This contract is worth not just 766 million but could be worth up to 10 billion over the lifetime of this contract. You could be right the stock could ramp and fly on monday to 20 dollars or more in anticipation of this future huge subcontract announcement. Radio encrypted mesh technology is a hot sector to be in. Phazar is in this hot stock sector today. BAE Systems has always sub contracted many of their previous deals to Phazar and with the Air Force's help I believe a sub contract is coming too us. The stock has reacted to news with Lockheed/BAE Systems in the past but this time the contract is 15 times larger than the past. Over the lifetime amount its 100 times larger than life.
13-Sep-05 16.58 19.49 16.48 19.41 661,600 19.41
12-Sep-05 16.40 16.77 16.29 16.58 66,300 16.58
9-Sep-05 16.72 16.88 16.37 16.45 60,100 16.45
Other reasons ANTP is set to EXPLODE:
Large insider buying recently
-Largest backlog in a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
-They just hired a CFO for first time gave her options at $5.70 per share they must think lots of upside from 5.70.
-New line of wireless mesh products coming out.
-2 MM float
-$3 per share cash and inventory.
This will be a fun play the next 3 weeks looking for $9 by earnings.
Intereresting ANTP Post on Yahoo on past impact of contract announcements by Lockheed on ANTP:
I concur with all of you on your data points presented. I have new information in relation to the Lockheed Martin tradebentz back in 2005. It was not in May it was on Sept 12th 2005. Due diligence is my middle name.
http://www.lockheedmartin.com/news/press...
The day after this announcement the stock rose over 22% the following day. The contract amount was just for 50 million dollars. The Pentagon announcement on friday is 15 times larger for Lockheed and BAE Systems standing at an acurate 766 million dollars. This contract is worth not just 766 million but could be worth up to 10 billion over the lifetime of this contract. You could be right the stock could ramp and fly on monday to 20 dollars or more in anticipation of this future huge subcontract announcement. Radio encrypted mesh technology is a hot sector to be in. Phazar is in this hot stock sector today. BAE Systems has always sub contracted many of their previous deals to Phazar and with the Air Force's help I believe a sub contract is coming too us. The stock has reacted to news with Lockheed/BAE Systems in the past but this time the contract is 15 times larger than the past. Over the lifetime amount its 100 times larger than life.
Lockheed Martin news release was on the 12th of September 2005.
Historical Prices are below courtesy of Yahoo.
http://finance.yahoo.com/q/hp?s=ANTP&a=0...
Thanks Littlefish. In my case I have been distracted for 2 months after a tragic, completelly preventable death in the family- kind of puts stocks in perspective don't care as much anymore so I don't post much.
Good luck.
Your right littlefish. People can make mistakes if they are busy or distracted believe it or not, I had a recollection that ANTP had a subsidiary.
In any event I am hugely bullish for ANTP because of the consortium win altready own 28000 shares but buying more Monday.
ANTP UP AH. Lockheed consortium won military contract and ANTP subsidiary BAE is part of that consortium. ANTP should zoom next week into earnings.
From Yahoo:
Lockheed won the contract my fellow shareholders. Its a big win for our consortium and especially more BAE Systems. Congratulations everyone there is a piece of pie for every shareholder here.
The employees should pat themselves for their expertise and knowledge of the new military mesh encrypted radio technology.
ANTP jumping 2 MM float. I think ANTP could run to double digits quickly like it did last year.
- Large insider buying recently
-Largest backlog in a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
-They just hired a CFO for first time gave her options at $5.70 per share they must think lots of upside.
-New line of wireless mesh products coming out. Go to Yahoo Board all kinds of talk about new US government Defence orders.
-2 MM float
-$3 per share cash and inventory.
This will be a fun play the next 3 weeks looking for $8 minimum by earnings.
ANTP jumping 2 MM float. I think ANTP could run to double digits quickly like it did last year.
- Large insider buying recently
-Largest backlog in a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
-They just hired a CFO for first time gave her options at $5.70 per share they must think lots of upside.
-New line of wireless mesh products coming out. Go to Yahoo Board all kinds of talk about new US government Defence orders.
-2 MM float
-$3 per share cash and inventory.
This will be a fun play the next 3 weeks looking for $8 minimum by earnings.
ANTP jumping 2 MM float. I think ANTP could run to double digits quickly like it did last year.
- Large insider buying recently
-Largest backlog on a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
This wil;l be a fun play the next 3 weeks looking for $8 minimujm by earnings.
ANTP jumping 2 MM float. I think ANTP could run to double digits quickly like it did last year.
- Large insider buying recently
-Largest backlog on a few years $3.6 Million
-Last 10Q showed Work in process has jumped to $1.5 million, largest level in 4 years.
This wil;l be a fun play the next 3 weeks looking for $8 minimujm by earnings.
NOEC could be $10 in a nanosecond- hot sector like COIN
NOEC - Global Market listing 12 MM float 5-Mar-08 08:37 am New Oriental Energy & Chemical Attains Upgraded Listing on NASDAQ Global Market
Wednesday March 5, 8:30 am ET
NEW YORK, NY--(MARKET WIRE)--Mar 5, 2008 -- New Oriental Energy & Chemical Corp. (NasdaqCM:NOEC - News), a specialty chemical and emerging alternative fuel manufacturer in The People's Republic of China (PRC), announced today that NASDAQ Stock Market has approved its application to upgrade its listing from the NASDAQ National Market to the NASDAQ Global Market. The Company's shares will continue to trade with the trading symbol "NOEC" and are expected to begin trading on the NASDAQ Global Market on Thursday, March 6, 2008.
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According to Mr. Chen Si Qiang, chief executive officer of New Oriental Energy & Chemical, "In order to qualify for the NASDAQ Global Market, our Company was required to meet stringent financial and liquidity requirements as well as specific corporate governance standards." He added, "Importantly, we believe that the upgrade expands our investor audience and also will provide us with increased visibility, which is in line with our continuing efforts to increase shareholder value."
Please feel free to repost that DD Summary tactfully at your favorite boards. This is the buy of the decade.
SUTR DD SUMMARY:
SUTR:NASDAQ ($5.16) is a China steel company that is the most undervalued NASDAQ stock by every measure.
SUTR HIGHLIGHTS:
7 MM float
$1 ANNUALIZED EPS AFTER FEBRUARY EXPANSION. FAIR VALUE AT 15 FORWARD PE = $15
- 37M O/S SHARES
- $48M CASH
- Significant expansion coming on-stream at the end of February will increase revenues up to $700M and net income in excess of $1/share.
- 6 MO 2008 REVENUE $215M
- 6 MO 2008 NET INCOME $13.5M or 36c/SHARE
- Still under the radar because the company just started trading in the Nasdaq exchange in February 2008
- Roth Capital has a current research note stating that they believe the company should be trading at least at a P/E of 14 or twice today's prices. Roth believes that margins, revenue, and net income will increase in upcoming quarters.
From 2/14/2008......Second Fiscal Quarter 2008 Financial Highlights:
-- Total net revenues increased 46.15 % over the second fiscal quarter 2007 to US$114.89 million
-- Net income increased 49.8% over the second fiscal quarter of 2007 to US$6.69 million
-- Fully-diluted earnings per common share for the second fiscal quarter 2008 was US$0.18, compared to US$0.14 for the second fiscal quarter 2007
THE COMPANY ALSO REPORTED THAT A SIGNIFICANT EXPANSION IS COMING ONLINE THIS MONTH.
Vertical Integration Plan Phase II
.." The Company is on track to complete its vertical integration process and expects its zinc & aluminum galvanizing steel production system, which could operate both hot-rolled and cold-rolled coils, with a designed annual manufacturing capacity of 400,000 metric tons to become operational by the end of February 2008..."
OK....so what do we have here??.....An unknown chinese steel maker trading at a PE of less than 7 about to increase revenues by about $310M/year with the new production coming on-stream. The new production will increase net income to about $1.2 - $1.4/share.
You would think that it should be trading above $20 right now right? Well, I think it will once it gets discovered.
This is an amazing ground floor opportunity. Do your DD and you will agree with me.
CPSL, for instance, is a midget compared to SUTR in terms of revenues, net income, and growth potential yet it traded above $12 recently. And even after its recent collapse, CPSL still has a larger market cap than SUTR.
SUTR will most surely become a darling of Wall Street once the word goes around. Liquidity will increase exponentially just like other profitable growing chinese stocks like BIDU, CPSL, and the dozens of solar companies. Looking at the fundamentals there are few that match SUTR's explosive potential because it is virtually unknown, and because the float is only 7M shares.
ABOUT SUTR:
Sutor Technology Group Limited (Nasdaq: SUTR), through its subsidiaries, engages in the manufacture and sale of steel finishing fabrication products in the People's Republic of China.
Its products include high-end hot-dip galvanized steel (HDG Steel) for use in electrical household appliance and construction materials; prepainted galvanized steel for use in construction materials, and parts and casings of electronic household appliances; acid pickled steel, which is used as a raw material for cold-rolled steel strip and HDG Steel, as well as components of automobile and manufacturing equipment; and hard cold-rolled steel strips used to produce HDG of cold-rolled steel.
In addition, the company provides sewage treatment services to the other manufacturing plants and households in Dong Bang. Its customers include manufacturers of electrical household appliances construction steel suppliers; and manufacturers of automobiles, ships, and other large equipments. Sutor Technology Group also exports its products to Europe, the United States, South Africa, south Asia, and southeastern Asia. The company is based in Changshu, the People's Republic of China.
Best NASDAQ buy: 5 forward PE 7 MM float
SUTR:NASDAQ ($5.16) a China steel company that is the most undervalued NASDAQ stock by every measure.
SUTR HIGHLIGHTS:
7 MM float
$1 ANNUALIZED EPS AFTER FEBRUARY EXPANSION. FAIR VALUE AT 15 FORWARD PE = $15
- 37M O/S SHARES
- $48M CASH
- Significant expansion coming on-stream at the end of February will increase revenues up to $700M and net income in excess of $1/share.
- 6 MO 2008 REVENUE $215M
- 6 MO 2008 NET INCOME $13.5M or 36c/SHARE
- Still under the radar because the company just started trading in the Nasdaq exchange in February 2008
- Roth Capital has a current research note stating that they believe the company should be trading at least at a P/E of 14 or twice today's prices. Roth believes that margins, revenue, and net income will increase in upcoming quarters.
From 2/14/2008......Second Fiscal Quarter 2008 Financial Highlights:
-- Total net revenues increased 46.15 % over the second fiscal quarter 2007 to US$114.89 million
-- Net income increased 49.8% over the second fiscal quarter of 2007 to US$6.69 million
-- Fully-diluted earnings per common share for the second fiscal quarter 2008 was US$0.18, compared to US$0.14 for the second fiscal quarter 2007
THE COMPANY ALSO REPORTED THAT A SIGNIFICANT EXPANSION IS COMING ONLINE THIS MONTH.
Vertical Integration Plan Phase II
.." The Company is on track to complete its vertical integration process and expects its zinc & aluminum galvanizing steel production system, which could operate both hot-rolled and cold-rolled coils, with a designed annual manufacturing capacity of 400,000 metric tons to become operational by the end of February 2008..."
OK....so what do we have here??.....An unknown chinese steel maker trading at a PE of less than 7 about to increase revenues by about $310M/year with the new production coming on-stream. The new production will increase net income to about $1.2 - $1.4/share.
You would think that it should be trading above $20 right now right? Well, I think it will once it gets discovered.
This is an amazing ground floor opportunity. Do your DD and you will agree with me.
CPSL, for instance, is a midget compared to SUTR in terms of revenues, net income, and growth potential yet it traded above $12 recently. And even after its recent collapse, CPSL still has a larger market cap than SUTR.
SUTR will most surely become a darling of Wall Street once the word goes around. Liquidity will increase exponentially just like other profitable growing chinese stocks like BIDU, CPSL, and the dozens of solar companies. Looking at the fundamentals there are few that match SUTR's explosive potential because it is virtually unknown, and because the float is only 7M shares.
ABOUT SUTR:
Sutor Technology Group Limited (Nasdaq: SUTR), through its subsidiaries, engages in the manufacture and sale of steel finishing fabrication products in the People's Republic of China.
Its products include high-end hot-dip galvanized steel (HDG Steel) for use in electrical household appliance and construction materials; prepainted galvanized steel for use in construction materials, and parts and casings of electronic household appliances; acid pickled steel, which is used as a raw material for cold-rolled steel strip and HDG Steel, as well as components of automobile and manufacturing equipment; and hard cold-rolled steel strips used to produce HDG of cold-rolled steel.
In addition, the company provides sewage treatment services to the other manufacturing plants and households in Dong Bang. Its customers include manufacturers of electrical household appliances construction steel suppliers; and manufacturers of automobiles, ships, and other large equipments. Sutor Technology Group also exports its products to Europe, the United States, South Africa, south Asia, and southeastern Asia. The company is based in Changshu
Best NASDAQ buy: 5 forward PE 7 MM float
SUTR:NASDAQ ($5.16) a China steel company that is the most undervalued NASDAQ stock by every measure.
SUTR HIGHLIGHTS:
7 MM float
$1 ANNUALIZED EPS AFTER FEBRUARY EXPANSION. FAIR VALUE AT 15 FORWARD PE = $15
- 37M O/S SHARES
- $48M CASH
- Significant expansion coming on-stream at the end of February will increase revenues up to $700M and net income in excess of $1/share.
- 6 MO 2008 REVENUE $215M
- 6 MO 2008 NET INCOME $13.5M or 36c/SHARE
- Still under the radar because the company just started trading in the Nasdaq exchange in February 2008
- Roth Capital has a current research note stating that they believe the company should be trading at least at a P/E of 14 or twice today's prices. Roth believes that margins, revenue, and net income will increase in upcoming quarters.
From 2/14/2008......Second Fiscal Quarter 2008 Financial Highlights:
-- Total net revenues increased 46.15 % over the second fiscal quarter 2007 to US$114.89 million
-- Net income increased 49.8% over the second fiscal quarter of 2007 to US$6.69 million
-- Fully-diluted earnings per common share for the second fiscal quarter 2008 was US$0.18, compared to US$0.14 for the second fiscal quarter 2007
THE COMPANY ALSO REPORTED THAT A SIGNIFICANT EXPANSION IS COMING ONLINE THIS MONTH.
Vertical Integration Plan Phase II
.." The Company is on track to complete its vertical integration process and expects its zinc & aluminum galvanizing steel production system, which could operate both hot-rolled and cold-rolled coils, with a designed annual manufacturing capacity of 400,000 metric tons to become operational by the end of February 2008..."
OK....so what do we have here??.....An unknown chinese steel maker trading at a PE of less than 7 about to increase revenues by about $310M/year with the new production coming on-stream. The new production will increase net income to about $1.2 - $1.4/share.
You would think that it should be trading above $20 right now right? Well, I think it will once it gets discovered.
This is an amazing ground floor opportunity. Do your DD and you will agree with me.
CPSL, for instance, is a midget compared to SUTR in terms of revenues, net income, and growth potential yet it traded above $12 recently. And even after its recent collapse, CPSL still has a larger market cap than SUTR.
SUTR will most surely become a darling of Wall Street once the word goes around. Liquidity will increase exponentially just like other profitable growing chinese stocks like BIDU, CPSL, and the dozens of solar companies. Looking at the fundamentals there are few that match SUTR's explosive potential because it is virtually unknown, and because the float is only 7M shares.
ABOUT SUTR:
Sutor Technology Group Limited (Nasdaq: SUTR), through its subsidiaries, engages in the manufacture and sale of steel finishing fabrication products in the People's Republic of China.
Its products include high-end hot-dip galvanized steel (HDG Steel) for use in electrical household appliance and construction materials; prepainted galvanized steel for use in construction materials, and parts and casings of electronic household appliances; acid pickled steel, which is used as a raw material for cold-rolled steel strip and HDG Steel, as well as components of automobile and manufacturing equipment; and hard cold-rolled steel strips used to produce HDG of cold-rolled steel.
In addition, the company provides sewage treatment services to the other manufacturing plants and households in Dong Bang. Its customers include manufacturers of electrical household appliances construction steel suppliers; and manufacturers of automobiles, ships, and other large equipments. Sutor Technology Group also exports its products to Europe, the United States, South Africa, south Asia, and southeastern Asia. The company is based in Changshu
SOL: $13 Solar IPO would be $50 if priced like JASO SOL is the Cheapest Solar play by FAR based on PE ratio. Current earnings run rate of about $1 per share (based on Q4 2007 projections of $.23 - $.27) and SHOULD EARN $2 PER SHARE IN 2008. If had same forward PE as JASO ot would be $60 !!
2007 projection - based on 3Q production output guidance:
Revenue: $94M - 105M
Net Income: $14.1M - 15.8M
Earning per Share: $0.23 - 0.27
3Q Result Link:
http://www.renesola.com/admin/upfiles/63...
Rating :
SOL: $13 Solar IPO would be $50 if priced like JASO SOL is the Cheapest Solar play by FAR based on PE ratio. Current earnings run rate of about $1 per share (based on Q4 2007 projections of $.23 - $.27) and SHOULD EARN $2 PER SHARE IN 2008. If had same forward PE as JASO ot would be $60 !!
2007 projection - based on 3Q production output guidance:
Revenue: $94M - 105M
Net Income: $14.1M - 15.8M
Earning per Share: $0.23 - 0.27
3Q Result Link:
http://www.renesola.com/admin/upfiles/63...
Rating :
I have a multi million account from about $100,000 5 years ago, I hold my own.
APWR Number one stock on ALL momentum boards this weekend. Do some DD and find out why. Being called the FSLR of wind, $1 EPS current EPS run rate, $5 EPS projected for 2009, 2 MM float.
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit
APWR Number one stock on ALL momentum boards this weekend. Do some DD and find out why. Being called the FSLR of wind, $1 EPS current EPS run rate, $5 EPS projected for 2009, 2 MM float.
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit
Hey Gillian, WSCI at $10.80, now up over 50% from when I said it was the hottest most undervalued NASDAQ stock.
I suggest you and the old buzzard Lentimen follow my tips more closely if ya want to make real money, and fast!
APWR 4 MM float $1 BILLION TURBINE ORDER
Do the math Turbines go for $2.7 MM each
Press Release Source: A-Power Energy Generation Systems, Ltd.
A-Power Receives LOIs for 380 2.5 MW Wind Turbines
Friday February 1, 10:21 am ET
SHENYANG, China--(BUSINESS WIRE)--A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR - News, APWRW - News, APWRU - News) ("A-Power"), announced today that its wholly owned Chinese operating subsidiary, Liaoning GaoKe Energy Group (“GaoKe”), has received letters of intent for 380 2.5 MW wind turbines, a number that will utilize all of its anticipated plant capacity through 2009. The company is presently engaged in negotiations to finalize these contracts and turn them into purchase orders. As was previously announced, the first phase of the plant is scheduled to be completed in the third quarter of this year.
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Mr. Edward Meng, A-Power’s CFO commented, “As we have previously announced, we have recently acquired rights to both 2.5 MW turbines from Fuhrlander AG of Germany and 225 kW and 750 kW turbines from Norwin A/S of Denmark and we are planning to begin producing these in our new facility in Shenyang later this year. At this time we are very glad to report that we have already received a number of letters of intent that aggregate to 380 units to purchase the 2.5 MW turbines. In addition, we have received a number of LOI’s for Norwin’s 750 KW turbines. As previously stated, the sales price for the 2.5MW wind turbine is expected to be RMB 20 to 24 million ($2.7 to $3.2 million), while the 750kw turbine is expected to sell for RMB 3.4 to 3.7 million ($0.46 to $0.51 million). Both are expected to have gross margins of approximately 8 to 12%. In order to meet this demand as quickly as possible, we are making arrangements to import many of the subassemblies from suppliers around the world that presently supply Fuhrlander and Norwin. Over time we are confident that we will be able to identify second-source qualified suppliers for many of these subassemblies in China to further improve the gross margins.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, about A-Power and GaoKe. Forward-looking statements are statements that are not historical facts, including statements about anticipated sales, prices and margins of our products and planned completion and production capabilities of our new facility. Such forward-looking statements, based upon the current beliefs and expectations of A-Power’s and GaoKe’s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which GaoKe is engaged; cessation or changes in government incentive programs: fluctuations in customer demand; management of rapid growth and transitions to new markets; intensity of competition from or introduction of new and superior products by competitors; timing, approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in A-Power’s filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Neither A-Power nor GaoKe assumes any obligation to update the information contained in this press release.
Contact:
A-Power Generation Systems Ltd.
Edward Meng, CFO, +86 13910969625
or
Richard Propper/Mark Brewer, 619-795-4627
--------------------------------------------------------------------------------
Source: A-Power Energy Generation Systems, Ltd.
APWR 4 MM float $1 BILLION TURBINE ORDER
Do the math Turbines go for $2.7 MM each
Press Release Source: A-Power Energy Generation Systems, Ltd.
A-Power Receives LOIs for 380 2.5 MW Wind Turbines
Friday February 1, 10:21 am ET
SHENYANG, China--(BUSINESS WIRE)--A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR - News, APWRW - News, APWRU - News) ("A-Power"), announced today that its wholly owned Chinese operating subsidiary, Liaoning GaoKe Energy Group (“GaoKe”), has received letters of intent for 380 2.5 MW wind turbines, a number that will utilize all of its anticipated plant capacity through 2009. The company is presently engaged in negotiations to finalize these contracts and turn them into purchase orders. As was previously announced, the first phase of the plant is scheduled to be completed in the third quarter of this year.
ADVERTISEMENT
Mr. Edward Meng, A-Power’s CFO commented, “As we have previously announced, we have recently acquired rights to both 2.5 MW turbines from Fuhrlander AG of Germany and 225 kW and 750 kW turbines from Norwin A/S of Denmark and we are planning to begin producing these in our new facility in Shenyang later this year. At this time we are very glad to report that we have already received a number of letters of intent that aggregate to 380 units to purchase the 2.5 MW turbines. In addition, we have received a number of LOI’s for Norwin’s 750 KW turbines. As previously stated, the sales price for the 2.5MW wind turbine is expected to be RMB 20 to 24 million ($2.7 to $3.2 million), while the 750kw turbine is expected to sell for RMB 3.4 to 3.7 million ($0.46 to $0.51 million). Both are expected to have gross margins of approximately 8 to 12%. In order to meet this demand as quickly as possible, we are making arrangements to import many of the subassemblies from suppliers around the world that presently supply Fuhrlander and Norwin. Over time we are confident that we will be able to identify second-source qualified suppliers for many of these subassemblies in China to further improve the gross margins.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, about A-Power and GaoKe. Forward-looking statements are statements that are not historical facts, including statements about anticipated sales, prices and margins of our products and planned completion and production capabilities of our new facility. Such forward-looking statements, based upon the current beliefs and expectations of A-Power’s and GaoKe’s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which GaoKe is engaged; cessation or changes in government incentive programs: fluctuations in customer demand; management of rapid growth and transitions to new markets; intensity of competition from or introduction of new and superior products by competitors; timing, approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in A-Power’s filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Neither A-Power nor GaoKe assumes any obligation to update the information contained in this press release.
Contact:
A-Power Generation Systems Ltd.
Edward Meng, CFO, +86 13910969625
or
Richard Propper/Mark Brewer, 619-795-4627
--------------------------------------------------------------------------------
Source: A-Power Energy Generation Systems, Ltd.
APWR 4 MM float $1 BILLION TURBINE ORDER
Do the math Turbines go for $2.7 MM each
Press Release Source: A-Power Energy Generation Systems, Ltd.
A-Power Receives LOIs for 380 2.5 MW Wind Turbines
Friday February 1, 10:21 am ET
SHENYANG, China--(BUSINESS WIRE)--A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR - News, APWRW - News, APWRU - News) ("A-Power"), announced today that its wholly owned Chinese operating subsidiary, Liaoning GaoKe Energy Group (“GaoKe”), has received letters of intent for 380 2.5 MW wind turbines, a number that will utilize all of its anticipated plant capacity through 2009. The company is presently engaged in negotiations to finalize these contracts and turn them into purchase orders. As was previously announced, the first phase of the plant is scheduled to be completed in the third quarter of this year.
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Mr. Edward Meng, A-Power’s CFO commented, “As we have previously announced, we have recently acquired rights to both 2.5 MW turbines from Fuhrlander AG of Germany and 225 kW and 750 kW turbines from Norwin A/S of Denmark and we are planning to begin producing these in our new facility in Shenyang later this year. At this time we are very glad to report that we have already received a number of letters of intent that aggregate to 380 units to purchase the 2.5 MW turbines. In addition, we have received a number of LOI’s for Norwin’s 750 KW turbines. As previously stated, the sales price for the 2.5MW wind turbine is expected to be RMB 20 to 24 million ($2.7 to $3.2 million), while the 750kw turbine is expected to sell for RMB 3.4 to 3.7 million ($0.46 to $0.51 million). Both are expected to have gross margins of approximately 8 to 12%. In order to meet this demand as quickly as possible, we are making arrangements to import many of the subassemblies from suppliers around the world that presently supply Fuhrlander and Norwin. Over time we are confident that we will be able to identify second-source qualified suppliers for many of these subassemblies in China to further improve the gross margins.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, about A-Power and GaoKe. Forward-looking statements are statements that are not historical facts, including statements about anticipated sales, prices and margins of our products and planned completion and production capabilities of our new facility. Such forward-looking statements, based upon the current beliefs and expectations of A-Power’s and GaoKe’s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which GaoKe is engaged; cessation or changes in government incentive programs: fluctuations in customer demand; management of rapid growth and transitions to new markets; intensity of competition from or introduction of new and superior products by competitors; timing, approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in A-Power’s filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Neither A-Power nor GaoKe assumes any obligation to update the information contained in this press release.
Contact:
A-Power Generation Systems Ltd.
Edward Meng, CFO, +86 13910969625
or
Richard Propper/Mark Brewer, 619-795-4627
--------------------------------------------------------------------------------
Source: A-Power Energy Generation Systems, Ltd.
NED $6.30 +$.50 $4/share cash $.50 forward EPS $14 IPO price
NED:NYSE ($6.30) is the buy of the year IMO.
-$4 per share cash
-9 MM float
-Reported $.20 in most recent quarter.
-NED should easily earn $.50 in this fiscal year.
-NED IPO price was $14 and rose to $23.
Applying a conservative 35 forward PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, trades at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
From Investor's Business Daily
Noah Education Holdings has two pluses going for it when it goes public this week on the Big Board:Demand for Chinese IPOs remains high, and as a provider of handheld teaching devices, it's involved in education. Chinese families put high value on education. With a government-imposed one-child policy, a growing number of Chinese families with expendable income are able to focus expenditures on an only child. According to government figures, Chinese families spend about 15% of their disposable incomes on education and culture. Such incomes on a per-capita basis have grown almost 7% a year from 2002 to 2006 and are expected to rise more than 8% a year through 2011. "Education is a very hot space in China," analyst Alex Xu of Brean Murray said.
Since private educator New Oriental Education & Technology (NYSE:EDU - News) went public last year, at $15, its share price has more than quadrupled. But while New Oriental teaches in physical classrooms, Noah plies the digital world. It focuses on handheld digital learning devices, or DLDs. These devices come with content that supplements grade-school textbooks. It also sells handheld e-dictionaries. "While Noah may be riding on Oriental's (success), it still has good growth opportunities," analyst Matthew Molberger of Renaissance Capital said. Of the almost 300 million students in China between ages 5 and 19 -- Noah's target market -- only 3% use DLDs. That low penetration rate leaves room for growth, he says. Citing an industry source, Noah says DLD sales in China will grow more than 20% annually over the next couple of years. In a crowded market where the top-five players hold about 80% of the DLD market, Noah says it is No.1 in sales, with about a 30% market share.
Noah in its present form was created in 2004. At that time, the founders took the assets of a five-year-old translation-device business, Noah Industrial, and turned them toward interactive education. Though it's officially based in the Cayman Islands, Noah operates in China through subsidiaries. Noah began selling handheld e-dictionaries in 2004 and handheld DLDs in March 2005. Strong growth in DLD sales is offsetting a slowdown in e-dictionaries. The company has developed about 28,000 courseware titles based largely on content it licenses from educational publishers in and out of China, including Oxford University Press and People's Education Press. It puts a big emphasis on English language courseware. But Noah also covers standard grade-school subjects such as Chinese, math, physics, chemistry and history. Supported by TV ads, Noah's DLDs are sold in bookstores, electronics and department stores, mall kiosks and Noah-branded stores. The company's Web site also offers content for downloading. Efforts are underway to expand content to the fast-growing mobile phone market in China. Noah also is working to fold its technology into other tech devices, such as interactive entertainment consoles and personal digital assistants. To tap into another area of the supplemental education market, Noah recently began offering some after-school tutoring programs.
Noah has enjoyed strong growth since its start-up in 2004. Revenue in its fiscal year ending June 30 totaled $72.9 million, up from $51.6 million the prior year. Net income over that time jumped 77% to $8.7 million.
NED $6.30 +$.50 $4/share cash $.50 forward EPS $14 IPO price
NED:NYSE ($6.30) is the buy of the year IMO.
-$4 per share cash
-9 MM float
-Reported $.20 in most recent quarter.
-NED should easily earn $.50 in this fiscal year.
-NED IPO price was $14 and rose to $23.
Applying a conservative 35 forward PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, trades at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
From Investor's Business Daily
Noah Education Holdings has two pluses going for it when it goes public this week on the Big Board:Demand for Chinese IPOs remains high, and as a provider of handheld teaching devices, it's involved in education. Chinese families put high value on education. With a government-imposed one-child policy, a growing number of Chinese families with expendable income are able to focus expenditures on an only child. According to government figures, Chinese families spend about 15% of their disposable incomes on education and culture. Such incomes on a per-capita basis have grown almost 7% a year from 2002 to 2006 and are expected to rise more than 8% a year through 2011. "Education is a very hot space in China," analyst Alex Xu of Brean Murray said.
Since private educator New Oriental Education & Technology (NYSE:EDU - News) went public last year, at $15, its share price has more than quadrupled. But while New Oriental teaches in physical classrooms, Noah plies the digital world. It focuses on handheld digital learning devices, or DLDs. These devices come with content that supplements grade-school textbooks. It also sells handheld e-dictionaries. "While Noah may be riding on Oriental's (success), it still has good growth opportunities," analyst Matthew Molberger of Renaissance Capital said. Of the almost 300 million students in China between ages 5 and 19 -- Noah's target market -- only 3% use DLDs. That low penetration rate leaves room for growth, he says. Citing an industry source, Noah says DLD sales in China will grow more than 20% annually over the next couple of years. In a crowded market where the top-five players hold about 80% of the DLD market, Noah says it is No.1 in sales, with about a 30% market share.
Noah in its present form was created in 2004. At that time, the founders took the assets of a five-year-old translation-device business, Noah Industrial, and turned them toward interactive education. Though it's officially based in the Cayman Islands, Noah operates in China through subsidiaries. Noah began selling handheld e-dictionaries in 2004 and handheld DLDs in March 2005. Strong growth in DLD sales is offsetting a slowdown in e-dictionaries. The company has developed about 28,000 courseware titles based largely on content it licenses from educational publishers in and out of China, including Oxford University Press and People's Education Press. It puts a big emphasis on English language courseware. But Noah also covers standard grade-school subjects such as Chinese, math, physics, chemistry and history. Supported by TV ads, Noah's DLDs are sold in bookstores, electronics and department stores, mall kiosks and Noah-branded stores. The company's Web site also offers content for downloading. Efforts are underway to expand content to the fast-growing mobile phone market in China. Noah also is working to fold its technology into other tech devices, such as interactive entertainment consoles and personal digital assistants. To tap into another area of the supplemental education market, Noah recently began offering some after-school tutoring programs.
Noah has enjoyed strong growth since its start-up in 2004. Revenue in its fiscal year ending June 30 totaled $72.9 million, up from $51.6 million the prior year. Net income over that time jumped 77% to $8.7 million.
NED $6.30 +$.50 $4/share cash $.50 forward EPS $14 IPO price
NED:NYSE ($6.30) is the buy of the year IMO.
-$4 per share cash
-9 MM float
-Reported $.20 in most recent quarter.
-NED should easily earn $.50 in this fiscal year.
-NED IPO price was $14 and rose to $23.
Applying a conservative 35 forward PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, trades at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
From Investor's Business Daily
Noah Education Holdings has two pluses going for it when it goes public this week on the Big Board:Demand for Chinese IPOs remains high, and as a provider of handheld teaching devices, it's involved in education. Chinese families put high value on education. With a government-imposed one-child policy, a growing number of Chinese families with expendable income are able to focus expenditures on an only child. According to government figures, Chinese families spend about 15% of their disposable incomes on education and culture. Such incomes on a per-capita basis have grown almost 7% a year from 2002 to 2006 and are expected to rise more than 8% a year through 2011. "Education is a very hot space in China," analyst Alex Xu of Brean Murray said.
Since private educator New Oriental Education & Technology (NYSE:EDU - News) went public last year, at $15, its share price has more than quadrupled. But while New Oriental teaches in physical classrooms, Noah plies the digital world. It focuses on handheld digital learning devices, or DLDs. These devices come with content that supplements grade-school textbooks. It also sells handheld e-dictionaries. "While Noah may be riding on Oriental's (success), it still has good growth opportunities," analyst Matthew Molberger of Renaissance Capital said. Of the almost 300 million students in China between ages 5 and 19 -- Noah's target market -- only 3% use DLDs. That low penetration rate leaves room for growth, he says. Citing an industry source, Noah says DLD sales in China will grow more than 20% annually over the next couple of years. In a crowded market where the top-five players hold about 80% of the DLD market, Noah says it is No.1 in sales, with about a 30% market share.
Noah in its present form was created in 2004. At that time, the founders took the assets of a five-year-old translation-device business, Noah Industrial, and turned them toward interactive education. Though it's officially based in the Cayman Islands, Noah operates in China through subsidiaries. Noah began selling handheld e-dictionaries in 2004 and handheld DLDs in March 2005. Strong growth in DLD sales is offsetting a slowdown in e-dictionaries. The company has developed about 28,000 courseware titles based largely on content it licenses from educational publishers in and out of China, including Oxford University Press and People's Education Press. It puts a big emphasis on English language courseware. But Noah also covers standard grade-school subjects such as Chinese, math, physics, chemistry and history. Supported by TV ads, Noah's DLDs are sold in bookstores, electronics and department stores, mall kiosks and Noah-branded stores. The company's Web site also offers content for downloading. Efforts are underway to expand content to the fast-growing mobile phone market in China. Noah also is working to fold its technology into other tech devices, such as interactive entertainment consoles and personal digital assistants. To tap into another area of the supplemental education market, Noah recently began offering some after-school tutoring programs.
Noah has enjoyed strong growth since its start-up in 2004. Revenue in its fiscal year ending June 30 totaled $72.9 million, up from $51.6 million the prior year. Net income over that time jumped 77% to $8.7 million.
I like this company, although the fact that the Gilead likes it too is a negative as I try and steer clear of anything he / she recommends. However, this certainly has potential.
CDS:AMEX China Dream stock 7 PE W
With a 7 forward PE, CDS:AMEX is the most undervalued China stock.
CDS is a China Magensium producer that guided for $20 MM Income in 2008 ($1 EPS). However that forecast was when Magnesium was $3000 per Ton.
MAGNESIUM IS NOW OVER $5000 PER TON. CDS SHOULD REVISE ITS 2008 FINANCIAL PROJECTIONS SUBSTANTIALLY HIGHER.
If CDS even attains a CONSERVATIVE 15 forward PE it will be $15. With CDS's skyrocketing growth a PE of at least 25 is warranted IMO. CDS could be the next CHNR (China metal stock that went from $8 to $50).
CDS is the best buy in the US stock market IMO. You won't find another stock with $20 MM in cash, no debt, exponential growth, and a 7 forward PE.
From November Earnings PR: "As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results."
The Street.com has CDS in its top 10 picks for stocks under $10 (January 16 article).
The prestigous small cap research firm Dutton Associates has $15.52 Target price for CDS.
CDS:AMEX China Dream stock 7 PE W
With a 7 forward PE, CDS:AMEX is the most undervalued China stock.
CDS is a China Magensium producer that guided for $20 MM Income in 2008 ($1 EPS). However that forecast was when Magnesium was $3000 per Ton.
MAGNESIUM IS NOW OVER $5000 PER TON. CDS SHOULD REVISE ITS 2008 FINANCIAL PROJECTIONS SUBSTANTIALLY HIGHER.
If CDS even attains a CONSERVATIVE 15 forward PE it will be $15. With CDS's skyrocketing growth a PE of at least 25 is warranted IMO. CDS could be the next CHNR (China metal stock that went from $8 to $50).
CDS is the best buy in the US stock market IMO. You won't find another stock with $20 MM in cash, no debt, exponential growth, and a 7 forward PE.
From November Earnings PR: "As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results."
The Street.com has CDS in its top 10 picks for stocks under $10 (January 16 article).
The prestigous small cap research firm Dutton Associates has $15.52 Target price for CDS.
Tsk Tsk.. EFUT was up as high as $14.3 from my $12 call and will be $16 tomorrow..
Ignore my calls at your financial peril!
EFUT REBOUND WILL BE EXPLOSIVE: $30 TARGET
EFUT's rebound will be EXPLOSIVE. Why?
1) 2.7 MM FLOAT: Low float stocks rebound the FASTEST in a market rebound because rebound buying pressure moves low float stocks MUCH more rapidly than other stocks.
2) BLOWOUT Q4 EARNINGS: Q4 earnings to be announced soon. Q4 is by far the strongest quarter for EFUT. I expect $.80 GAAP earnings and $1 Non-GAAP earnings for Q4.
3) TINY MARKET CAP: EFUTs market cap is still TINY. Even if EFUT rises to $30 it will still be DIRT CHEAP.
EFUT REBOUND WILL BE EXPLOSIVE: $30 TARGET
EFUT's rebound will be EXPLOSIVE. Why?
1) 2.7 MM FLOAT: Low float stocks rebound the FASTEST in a market rebound because rebound buying pressure moves low float stocks MUCH more rapidly than other stocks.
2) BLOWOUT Q4 EARNINGS: Q4 earnings to be announced soon. Q4 is by far the strongest quarter for EFUT. I expect $.80 GAAP earnings and $1 Non-GAAP earnings for Q4.
3) TINY MARKET CAP: EFUTs market cap is still TINY. Even if EFUT rises to $30 it will still be DIRT CHEAP.
Most undervalued NYSE stock 4 MM float +10%
GAI ($3.29) is a 4.3 MM float China semiconductor stock WITH $5.6 PER SHARE IN CASH AND REAL ESTATE!!
-$4 per share working capital, $3 per share cash, no debt
-Real estate worth $2.60 per share
IF GAI RISES TO $6.30, you only pay for cash and land and GET GAI BUSINESS FOR FREE.
-Tiny 4.3 MM float 28% held by institutions.
-Semiconductor chip sales DOUBLED last quarter and will continue to boom- THESE CHIPS ARE USED FOR CELLULAR PHONES- A BOOMING CHINA MARKET.
GAI CURRENTLY PRODUCING $25 MM PER YEAR OF CHIPS EXPANDING TO $50 MM PER YEAR BY MARCH 2008.
Global-Tech Appliances (NYSE: GAI): A Double Your Money Stock
Any investor with an appetite for risk and big reward should look at Global-Tech Appliances. The stock trades at only $2.60 and yet has $3.70 per share in cash! Additionally, there are real estate holdings worth at least $2.60. The company is cash flow neutral for now but with new product initiatives coming -- the stock can go significantly higher over the next 6-12 months.
Based in Hong Kong, Global-Tech Appliances Inc. is a holding company, owning subsidiaries that manufacture and market a wide range of consumer electrical products worldwide, including floor care products and small household appliances from kitchen appliances like breadmakers, coffeemakers, espresso machines, deep fryers, food processors, to beauty aids like hair dryers, hair-roller sets, and curling irons, to travel products, like voltage converters, to garment-care products. These products are marketed to customers under Black & Decker, Proctor-Silex, and Sharper Image among many other name brands.
Net sales for the fiscal year ending March 31, 2006 were $73.8 million, up 76%, compared to $41.9 million in the prior fiscal year. However, the company reported that gross profit margins in the Company's core business of floor care and kitchen appliance products will continue to remain adversely impacted by increase in material costs like plastics derived from natural gas -- particular as gas prices rise. As a result, GAI is lowering fixed costs with measures like reducing work force.
They also are pushing R&D in areas where they see promise. Their compact camera module components, used primarily in cellular phones, are growing in net sales, and therefore GAI is expanding the business and has formed an R&D team in Taiwan to push product development capabilities. This business segment is expected to give a boost to financial performance. GAI is also marketing a line of digital imaging products and anticipate that this new product category will soon become a growing part of our overall business.
Type of stock: A double your money stock. This consumer electrical product designer and manufacturer (with promising R&D in the digital imagining sector) is significantly undervalued.
Price target: I like the economics of Global Tech: It is trading at $2.60, but in cash and real estate assets alone, this is worth more in the range of $3.70 per share. It is cash flow neutral for now. While the core business of household products has been adversely hit by rising price of materials, GAI�s pushing into new product initiatives give this the potential to go significantly higher over the next 6-12 months.
Most undervalued NYSE stock 4 MM float +10%
GAI ($3.29) is a 4.3 MM float China semiconductor stock WITH $5.6 PER SHARE IN CASH AND REAL ESTATE!!
-$4 per share working capital, $3 per share cash, no debt
-Real estate worth $2.60 per share
IF GAI RISES TO $6.30, you only pay for cash and land and GET GAI BUSINESS FOR FREE.
-Tiny 4.3 MM float 28% held by institutions.
-Semiconductor chip sales DOUBLED last quarter and will continue to boom- THESE CHIPS ARE USED FOR CELLULAR PHONES- A BOOMING CHINA MARKET.
GAI CURRENTLY PRODUCING $25 MM PER YEAR OF CHIPS EXPANDING TO $50 MM PER YEAR BY MARCH 2008.
Global-Tech Appliances (NYSE: GAI): A Double Your Money Stock
Any investor with an appetite for risk and big reward should look at Global-Tech Appliances. The stock trades at only $2.60 and yet has $3.70 per share in cash! Additionally, there are real estate holdings worth at least $2.60. The company is cash flow neutral for now but with new product initiatives coming -- the stock can go significantly higher over the next 6-12 months.
Based in Hong Kong, Global-Tech Appliances Inc. is a holding company, owning subsidiaries that manufacture and market a wide range of consumer electrical products worldwide, including floor care products and small household appliances from kitchen appliances like breadmakers, coffeemakers, espresso machines, deep fryers, food processors, to beauty aids like hair dryers, hair-roller sets, and curling irons, to travel products, like voltage converters, to garment-care products. These products are marketed to customers under Black & Decker, Proctor-Silex, and Sharper Image among many other name brands.
Net sales for the fiscal year ending March 31, 2006 were $73.8 million, up 76%, compared to $41.9 million in the prior fiscal year. However, the company reported that gross profit margins in the Company's core business of floor care and kitchen appliance products will continue to remain adversely impacted by increase in material costs like plastics derived from natural gas -- particular as gas prices rise. As a result, GAI is lowering fixed costs with measures like reducing work force.
They also are pushing R&D in areas where they see promise. Their compact camera module components, used primarily in cellular phones, are growing in net sales, and therefore GAI is expanding the business and has formed an R&D team in Taiwan to push product development capabilities. This business segment is expected to give a boost to financial performance. GAI is also marketing a line of digital imaging products and anticipate that this new product category will soon become a growing part of our overall business.
Type of stock: A double your money stock. This consumer electrical product designer and manufacturer (with promising R&D in the digital imagining sector) is significantly undervalued.
Price target: I like the economics of Global Tech: It is trading at $2.60, but in cash and real estate assets alone, this is worth more in the range of $3.70 per share. It is cash flow neutral for now. While the core business of household products has been adversely hit by rising price of materials, GAI�s pushing into new product initiatives give this the potential to go significantly higher over the next 6-12 months.
HOTTEST NASDAQ stock: EXPLOSIVE REBOUND
I was fortunate enough to make $160,000 on the first COIN run from $5 to $8.5. COIN then went to $14. I bought back in BIG today. COIN's rebound will be EXPLOSIVE. Why?
1) 2.7 MM FLOAT: Low float stocks rebound the FASTEST in a market rebound because rebound buying pressure moves low float stocks MUCH more rapidly than other stocks.
2) Plant startup in less than 4 months: Plant startup is NOW LESS THAN 16 SHORT WEEKS AWAY. COIN WILL BE BID UP RAPIDLY IN ANTICIPATION.
3)COIN IS IN THE HOTTEST SECTOR, AGRICULTURE. Many market commentators are saying agricultural sector is the NEXT solar type momo sector with record high grain prices and grain shortages.
4) TINY MARKET CAP: COIN's market cap is still TINY. Even if COIN rises to $25 it will still be DIRT CHEAP!!
Long and strong 20,000 COIN (wish I had bought a hell of a lot more). Hang on and enjoy then ride, COIN will be in the teens again in no time.
Rating :
(3 Ratings)
CDS AMEX CHINA stock 6 Forward PE:
CDS is a China Magensium producer that guided for $20 MM Income in 2008. With 20 MM shares OS that means CDS projected $1 EPS for 2008. However that forecast was when Magnesium was $3000 per Ton. Magnesium now OVER $5000 per Ton. I expect CDS to guide up to over $1.50 per share fpor 2008.. CDS could be the next CHNR (China metal stock that went from $8 to $50.
If CDS even attains a CONSERVATIVE 15 forward PE it will be $15. With CDS's skyrocketing growth a PE of at least 25 is warranted IMO. CDS will be the stock of 2008.
"As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results.�
http://biz.yahoo.com/prnews/071114/clw03...
Dutton Associates has $15.52 Target price for CDS:
Target Price: $15.52
http://www.duttonassociates.com/research...
Additional Reports from Dutton: http://www.jmdutton.com/research/chnd/
CDS AMEX CHINA stock 6 Forward PE:
CDS is a China Magensium producer that guided for $20 MM Income in 2008. With $20 MM shares OS that means CDS projected $1 EPS for 2008. However that forecast was when Magnesium was $3000 per Ton. Magnesium now OVER $5000 per Ton. I expect CDS to guide up to over $1.50 per share fpor 2008.. CDS could be the next CHNR (China metal stock that went from $8 to $50.
If CDS even attains a CONSERVATIVE 15 forward PE it will be $15. With CDS's skyrocketing growth a PE of at least 25 is warranted IMO. CDS will be the stock of 2008.
"As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results.�
http://biz.yahoo.com/prnews/071114/clw03...
Dutton Associates has $15.52 Target price for CDS:
Target Price: $15.52
http://www.duttonassociates.com/research...
Additional Reports from Dutton: http://www.jmdutton.com/research/chnd/
WSCI $20 TARGET BASED ON $.90 FORWARD EPS: 5 minutes ago WSCI is the best buy on NASDAQ. WSCI is the next RICK IMO.. I see $20 this year. I project WSCI will have earnings of $.20 per quarter going forward. This is based on simple math:
-WSCI IS PROJECTING $10 - $11 MM ENERGY SECTOR SALES FOR 2008. SUBTRACTING THE $1.4 MM ENERGY SECTOR SALES FOR Q1, SIMPLE MATH INDICATES THAT ENERGY SECTOR SALES WILL BE $8.6 MM - $9.6 MM FOR REST OF 2008, OR AROUND $3 MM PER QUARTER. THIS IS MORE THAN DOUBLE THE $1.4 MM ENERGY SECTOR SALES OF Q1.
ASSUMING 20% MARGINS, THE INCREMENTAL ENERGY SALES WILL PROVIDE INCREMENTAL $.10 EPS PER QUARTER, RESULTING IN PROKECTED $.22 PER QUARTER !!
Apply the 25 PE for sector and WSCI can be a $20 stock.
Enjoy the ride..
As previously reported, we continue to believe that we will have sales in fiscal 2008 of $10-$11 million in this business alone. In addition, we are very pleased with our results as we feel our investment in new equipment and technology over the past year as well as the addition of key employees has paid off. We are positive about the future and believe that we will show continued improvement going forward.”