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Somebody just unloaded 2,000,000 shares of ABTG.
What goes up must eventually come down! Consider it a buying opportunity!
I know what duct tape is - and I surely know where I'd love to put it!
We all just have an intolerance for repetitive ignorance aka the broken record syndrome.
Congratulations Garden! You finally created a posting without the words reverse split!
Hey Garden - buy more stock! Oh yes - and please do continue to share your inane rs thoughts with us. We all so very much want to hear more about a rs and we'd all love to hear about your rs investment strategies! You're the man, Garden. Please enlighten us as to how a rs is going to help or hinder ABTG. We're sitting at the edge of our seats awaiting your most informed response.
There's "discussion" and then there's your "broken record!"
See - what did I tell ya - you just couldn't do it!
I say we all put GardenRose on ignore so we don't have to read his un-ending rants about reverse splits! Hey Garden, try posting something without using the words reverse split! I bet you can't do it!
Hey printmail01 - did you happen to catch Meet the Press this morning? There was a commercial about "making the Grid smarter" - a really GREAT commercial - and I was expecting to see one of the known favorite players as the sponsor (like Duke, Cisco or Verizon), but much to my surprise - up popped IBM! Now that's cool! This is just more accreditation that the technology is real, that it needs to be deployed and is of such importance that a GIANT like IBM is taking an interest - actually - more than an interest, in this movement. You have to believe that Ambient is a known entity now, in LARGE circles of major Smart Grid participants and it's my guess that it will soon be swallowed up by one of them. It will probably be one of the many technology patents that needs to be snagged. So hopefully it will be a matter of which major player our stock is going to be converted to!
Go ABTG!
I second the motion! All in favor say - go ABTG!
THESTREET.COM Analysis of Ambient:
(Garden - don't believe anything you read here! Keep buying the stock as it will surely hit $50 per share soon!)
(JYO - of course!)
RECOMMENDATION
We rate AMBIENT CORP (ABTG) a SELL. This is based on some significant below-par investment measures,
which should drive this stock to significantly underperform the majority of stocks that we rate. Among the
areas we feel are negative, one of the most important has been generally deteriorating net income.
HIGHLIGHTS
The company, on the basis of change in net income from the same quarter one year ago, has significantly
underperformed when compared to that of the S&P 500 and the Diversified Telecommunication Services
industry. The net income has significantly decreased by 114.1% when compared to the same quarter one year
ago, falling from -$2.50 million to -$5.36 million.
ABTG, with its very weak revenue results, has greatly underperformed against the industry average of 2.4%.
Since the same quarter one year prior, revenues plummeted by 96.0%. Weakness in the company's revenue
seems to not be hurting the bottom line, shown by stable earnings per share.
AMBIENT CORP reported flat earnings per share in the most recent quarter. This company has not
demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings
for the coming year. During the past fiscal year, AMBIENT CORP continued to lose money by earning -$0.04
versus -$0.06 in the prior year.
Compared to its closing price of one year ago, ABTG's share price has jumped by 852.17%, exceeding the
performance of the broader market during that same time frame. Regarding the future course of this stock,
we feel that the risks involved in investing in ABTG do not compensate for any future upside potential, despite
the fact that it has seen nice gains over the past 12 months.
Net operating cash flow has increased to -$2.31 million or 23.93% when compared to the same quarter last
year. The firm also exceeded the industry average cash flow growth rate of 8.38%.
INDUSTRY ANALYSIS
The US diversified telecommunications services industry provides communications and high-density data
transmission through high bandwidth/fiber-optic cable networks. The industry is classified into two
sub-categories, alternative carriers and integrated telecommunication services. There are three parallel
markets, terrestrial networks, cellular networks, and satellite networks, which include major players such as
AT&T, Verizon Communications, and Qwest Communications.
Industry output was estimated at $300 billion for FY07, contributing around 2.2% to total GDP. Wired
telecommunication services posted 2007 revenue of $200 billion and cable operators generated $60 billion of
revenue. Local service carriers reported annual revenue of $130 billion and long distance networks registered
$70 billion of revenue.
The industry is mature, cyclical, capital intensive, and undergoing consolidation and globalization. The recent
M&A trend, ongoing regulatory liberalization, and privatization have fuelled competition in local telephone
services markets and expansion into domestic and cross-border markets. The industry has high entry barriers
due to the dominance of well-established players, strong brand identities, high levels of automation, and
distribution challenges.
Growth is driven by technological advances and demand for integrated high bandwidth data transmission.
Most companies are seeking new market segments, such as mobile communications, digital data
transmission, and value added services. The changing pace of technology implementation and convergence
of cable network technologies through bundling have redefined the competitive landscape. However, the
recent launch of cable telephony, VoIP, and improved wireless and cellular technologies pose a threat to
traditional wired telecommunication services.
The US Federal Government, through the Communications Act of 1934, established the Federal
Communications Commission to regulate and retain jurisdiction over use of the radio spectrum, interstate
telecommunications, and international communication that originates or terminates in the US. Deregulation
has occurred since the disintegration of AT&T in 1982 and rendered the market more competitive. The
industry is regulated by the US Telecommunications Act of 1996 and 2005, which aims to abolish cross-market
barriers and prohibit dominant players from operating within one communications industry.
Industry outlook is weak due to a significant drop in subscriber additions, shifting consumer preferences, and
a shift towards wireless connections. The government’s $7.20 billion stimulus package provides $4.70 billion
to establish a Broadband Technology Opportunities Program at NTIA for wireline, wireless, and cable
companies, and provides $2.50 billion for broadband grant, loan, and loan guarantee programs at to be used
by rural wireline telecoms and satellite providers. Service upgrades, which are supported by advanced
high-end 3G networks, introduction of low-cost integrated IP voice and data networks, and the deregulation
of the industry, are likely to revive the industry from its present downturn.
FINANCIAL ANALYSIS
AMBIENT CORP's gross profit margin for the second quarter of its fiscal year 2009 has significantly
decreased when compared to the same period a year ago. Sales and net income fell significantly,
underperforming compared to the average company in its industry. AMBIENT CORP is extremely liquid.
Currently, the Quick Ratio is 2.29 which clearly shows the ability to cover any short-term cash needs. The
company's liquidity has increased from the same period last year, indicating improving cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 133.40% from the same
quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face
financial difficulties in the near future.
VALUATION
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount
valuation, only displaying that the company has negative earnings per share. Along with this, the
price-to-book ratio is also meaningless due to a negative book value for the company, making any
comparisons useless. The price-to-sales ratio is well above both the S&P 500 average and the industry
average, indicating a premium.
In your case - I would highly recommend that you buy as much ABTG stock as you can possibly afford and hold it for as long as possible. A reverse split is only going to make the stock go higher, probably to $50 a share within one or two years - you'll be rich! A RS is just what we need here! Please keep asking your questions about RS on this board as we are all here to help you make your investment choices. For now though, it's time to buy more ABTG stock.
GO ABTG!!!! Bring on that RS!!!!! $50 here we come!!!!
Garden you need to take a deep breath! Thinking that this stock is going to $50 is purely delusional thinking. Let's get real! If we see .50 cents it'll be amazing! JMHO
The point I'm trying to get across to Garden is that it's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted. I'm not saying that ABTG is a candidate for a reverse split. I'm hoping along with everyone else that it never happens and that the stock takes on its own life and moves up for all of us. I'm just saying that if we hear that ABTG is contemplating a RS - run, don't walk away from this stock. This is just my opinion based on history and personal experience. If you want specific examples of companies that did engage in a RS and later crashed and burned, (and there's plenty out there) - feel free to spend YOUR time doing your due diligence. I'm just offering this board, like everyone else does, an opinion. Most savvy investors already know of what I speak and they are as equally ready to cut and run as I am if/when a RS is announced. This ain't rocket science, it's the way the Street works. Publish bad earnings, don't meet analyst's expectations, nuke a dividend, and for sure - down the tubes your stock price goes and if you hang on because "you just know it can't be true" or "the company is way too substantial" to sink, think again! There are proven circumstances that will sink a stock and a RS is near the top of the list - whether or not the company in question is "good" or "bad."
Let's hope we break .19 tomorrow! That would be a positive move! And if this stock sinks to .14 again - once again - I'll be buying it.
You can research this yourself via a number of financial sites. Do your own DD as they say. Don't depend on this board for financial advise or you'll be greatly disappointed. Here's just one of many. http://www.usnews.com/money/blogs/new-money/2009/03/19/whats-a-reverse-stock-split.html
I admire your optimism sir! I surely hope you're correct on this one. I have so many shares of ABTG now that it's almost embarrassing! If/when we see ABTG move on up past .25 those big block sells will be mine! Any amount of profit is infinitely better than any loss!
I agree Garden, there is indeed some substance behind ABTG and that's why I've held on to my shares for over 10 years now! Let's hope that we all win with this one.
ctc
My comments are based on my personal experience with OTCBB stocks with largely diluted shares such as ABTG. Investors over the years have placed a distinct and predictable negative cloud over companies that declare reverse splits. A RS nukes your leverage in one fell swoop and investors typically move on as soon as it's announced. A RS is just a very negative ploy to make a company into something, quickly, that it's not ready for, ie trading on a major exchange. Of course, like Snow just wrote, if there's a flood a great news to follow after a RS, and the financials reflect positive results, then sure, it may pay to hang on, but history has shown otherwise. My advise is to not be greedy and should we ever make it to .25 or .50 cents without a word about a reverse split - take your profits and move on. JMHO
ctc
Most investment funds will not purchase any stock, no matter how potentially profitable, if it's listed on the OTCBB. One of the primary motivators for pushing a stock to $5.00 is to get it listed on a major exchange. It then becomes available to a much wider audience of investors. We can all absolutely count on a RS if the price starts to move up substantially. Right now I doubt there's a chance of it happening at this price point. We may see 50 cents before a RS is a potential reality. One thing we can all count on is - when a RS is officially made public - you'd better be out of the stock or be prepared to lose some of your profits. Personally, I think that ABTG is going to get bought out by Cisco or Verison before a RS is allowed to happen. When that announcement comes, if it does, then be prepared to make some life changing money. JMHO of course!
et
On most stocks, this parade of positive news would have driven up the PPS significantly. We are surely suffering from all those exercisable options that are out there. I only wonder how long it's going to take for the ABTG market to take hold so that the stock PPS starts to respond to news.
Is this the entire article or is there more that can be posted here?
WOW! I actually tried to read this document from beginning to end and as you all probably guessed - I did not make it! Way too technical for this old mind! But if this accounted for the slight volume and price increase today - I'm a happy camper!
And the good news just keeps on coming!!!!
Ambient, Itron team up for
end-to-end smart grid play
July 1, 2009
Ambient added another metering firm to its stable -- one whose size and global scope may well expand Ambient's footprint, Ambient CEO John Joyce told us yesterday. The smart grid networking integrator/operator works with Echelon for electric utilities, and Badger for water and gas utilities.
"We're incorporating both the PLC technology and the RF technology into our network," so the new agreement with Itron helps, said Joyce. His firm holds patents on PLC equipment and has long been a leading contender in the business with deals doing trials at Duke Energy and Consolidated Edison.
Itron was an attractive business partner since "it's a global company that has a significant legacy system product in the field here in North America as well," said Joyce. "We believe with the Itron/Verizon/Ambient name, we can offer a full solution to the utility." Ambient has a joint-marketing agreement with Verizon as does Itron.
And Ambient's X-3000 node -- a newer, lighter version of the X-2000 -- is certified for the Verizon network. It is designed to be deployed at the transformer where it can give a utility "a real-time view into its distribution grid," including current and voltage sensing, thus the grid can be better managed, said Joyce.
Ambient in April signed a supply and alliance pact for smart grid product development and deployment with Bel Fuse, a designer and maker of products used in networking, telecom, high-speed data transmission and consumer electronics (SGT, Apr-15 <http://www.smartgridtoday.com/members/159.cfm> ).
The 40-employee Ambient would clearly like to do business around the world, but it sees plenty to be done with Itron's "significant" deployments in North America, Joyce noted. "We see this as a way to enhance our Ambient technology/product as well as to offer Itron a solution that will benefit its existing customers."
As a matter of fact, the partnership began a couple of months ago, Joyce recalled, when Ambient and Itron created a way to incorporate into a utility's smart grid platform older Itron technology.
"That was the initial focus," he explained -- taking some meters that were deployed and still part of the rate base and incorporating them into the evolving smart grid so as not to create stranded assets <http://www.smartgridtoday.com/public/department40.cfm#strandedasset> .
The pair found their engineering teams could pull into the communications network more regular reads than were happening in a drive-by system and bring the data back to the central office.
"That led to looking at different ways to incorporate Itron's core consumer and commercial AMI technologies with Ambient's high-capacity communications network for a complete utility-to-the-home smart grid solution," said Joyce.
Ambient has been focused for a decade on "the digital communication backbone and the element-management system" that delivers advanced metering and other smart grid initiatives, Joyce reminded.
In addition to Ambient's X-3000 node, the pact with Itron includes Ambient's network management system. Itron is contributing AMR and AMI technology.
Ambient sees "huge" opportunities working with both older and newer Itron technology, Joyce said.
Itron and Ambient are set to jointly market their collaborative offerings to utilities.
BOTTOM LINE: That mention of stranded assets goes to the heart of a deep concern for utilities as they feel the pressure to replace equipment that, as we sometimes say, "ain't broke." It's an issue we are probing in ongoing reporting including an interview in today's issue with a key Trilliant executive.
This is just another in what will be a procession of great news releases. What I like in particular about this release is the following: "Itron is a leading, global solutions provider to energy and water utilities, with more than 14 million OpenWay meters under contract."
14,000,000 meters (that MILLION)!! That's going to keep the folks at Ambient busy for some time bringing all them meters into the 21st Century!
And OBTW - Itron stock sells for $55.00+ per share and is a very financially secure company. How interesting would it be if Itron decided that Ambient ought to be part of their family! I'd happily trade my shares for theirs!
This is the best speculative stock I've seen in many years!
Anybody see that show on the Discovery Channel last night? It was titled "The Crumbling of America." They spoke in depth about how our electrical grid is in great need of updating ie it needs to "get smart" really quick or we'll be facing outages of catastrophic proportions in the not so distance future. They did not specfically mention any utility company names or supportive smart grid technologies such as Ambient provides, but the message was clear. The grid is going to get smarter and it's going to happen asap. There's just no choice about upgrading our grid across American. It's going to happen and you all know what that means - Ambient will play a part. Heck, I was so moved by the message that I bought even more shares today - like I don't already have enough! Yikes - this Company has really great vibes and massive investor appeal! A year from now we'll be sitting pretty on our 15 cent shares! WOW!
cc
I've been trading stocks a long long time and I base my input on experience. I have never seen a stock benefit from a reverse split. It's the kiss of death - like it or not.
cc
Hey - I love this company as much as any one! However, if I get wind that there's a reverse split in the play book, I will dump every last share as quickly as the MM can swallow them! NO BS here! A reverse split will KILL this stock.
cc
It means the total amount of shares are now even further diluted and this is probably why some investors are bailing out and driving the stock price down. There's really no business event that would account for the drop. It's simply stockholders that want to cash in that is driving the price down. It'll come back.
Looks like everyone is content to hold fast and waiting to see what comes next.
cc
Something's in the wind. Check the volume and the high this morning. Something is up!
cc
More News from Ambient - just out: (Not sure if this helps or hinders us?) Comments would be appreciated.
Ambient Endorses the GridWise's NOI / FOA Comments to the DOE
Yesterday the GridWise Alliance, on behalf of its endorsing members, formally submitted to the DOE its comments on the Investment Grant Program Notice of Intent (NOI) and the Smart Grid Demonstrations Funding Opportunity Announcement (FOA). The comments covered topics in the NOI and FOA, including the project funding cap, cybersecurity, the application process and many other items.
A PDF of the cover letter and comments to DOE Secretary Chu and Office of Management and Budget Director, Peter Orszag is available from the Ambient web site at:
http://www.ambientcorp.com/media_news.html
cc
Not sure what you're asking. All of Anna's emails were "official announcements" of some sort.
Anna's favorite announcement day is Tuesday - in the AM - before the Bell!
Here's some silly stats for y'all!
Since I started keeping the announcements from Ambient back in March of 2004 - here's how the distribution breaks down:
There were 52 official Ambient announcements made by the Company.
8 were made on a Monday
16 were made on a Tuesday
13 were made on a Wednesday
11 were made on a Thursday
4 were made on a Friday
None were issued during any weekend.
Of the 52 announcements, 8 were made in the afternoon before the market closed.
1 announcement was made after hours.
4 announcements were issued after the bell.
39 announcements were issued before the bell.
So my conclusion is that we watch the stock on Tuesday mornings and the rest of the week we play golf!
cc
How y'all doing today! I'm really liking this stock movement ie it's holding solid in the .17 range. Would be really nice if the ABTG folks let loose a major contract announcement after hours today. Monday would definitely be interesting IMHO!
Sorry - I must have mis-read the article that came out a week or so ago. However, I would not let that keep me from investing in this company. But that's just my opinion!
I noticed we closed at .18 today .005 off the high of the day. Good momentum - good sign - good volume too at almost 1.5M.
cc
Like I said earlier - it's an unfounded rumor - that's all. But this fits Verizon's MO when they are interested in other companies. Their MO is "growth by acquisition." Has been since day 1 with this company.
My conclusions are:
- insiders are buying on the sly
- more major contracts will be announced
- the presence of prominent business men & women at the stockholder's meeting is a sign of validity
- the technology is leading edge
- the competition is light and not as organized and focused as ABTG
- the PPS at any level under $1.00 makes this stock a no-brainer
- leverage is king and ABTG is a smart play even if you're only playing for the MOMO
- the Company is being talked about in WDC and that can't be bad
- there's a solid base of long term investors at the $.15 mark and it's growing
- unfounded rumors of Verizon sniffing around ABTG - this is Verizon's MO before they pounce on quality companies ergo the Alltel deal.
- the national energy grid must be brought into the 21st century and the Obama Administration acknowledges this serious problem and has specifically named ABTG as one of the players
It's all there. IMHO!
cc
Look how the PPS is once again creeping up. No obvious reason for it. IMHO these trades are from insiders who know "stuff" that we will hear about soon.
cc
Already have - read prior posts.