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2,041 Orders in July. Outstanding!
I spoke to the Company late last week and they anticipate releasing 2Q earnings by August 15th.
My internal projection for CGLD only includes an income statement. I anticipate .0182 EPS for the quarter. I did not do an analysis of cash.
GLTY
Adding today at .631.
GLTA
10 AM and no PR yet? WTF is going on LOL.
All you needed was to be a scientist at Fort Detrick and have access to a significant quantity of anthrax. Now go get 'er done :)
Finally some closure. I live here in Frederick and they drug Hatfill's name through the mud for years. Even after he was exonerated they would drop subtle hints that he was still the main suspect. They spent months draining ponds near his residence looking for clues. The 5+ Million he received probably helped ease his pain.
.0004's finally dropping.
Is anybody getting filled at .0004?
FFGO on watch. Somebody wants mega shares at .0004.
GLTA
Direction of Gold.
It looks like the downtrend in Gold will continue for the near future. I see this as a buying opportunity and will look to pick up shares in the $.58 range if it reaches that level.
IMO an event needs to occur which will end the correlation between the price of gold and oil. I initially thought (incorrectly or so it seems) that the banking system breakdown would be a catalyst for this to occur. However, Merrill's announcement that they were "throwing out the trash" could breathe some short-term life into the financials.
Any other ideas out there?
GLTA
FWIW my internal projection for the quarter shows EPS of $.05 on revenue of $4.3M. I will be basing any future decision regarding buying/selling in response to any financial guidance that is issued at that time.
GLTA
Projection
PERIOD ENDING 30-Jun-08
Total Revenue 4309
Cost of Revenue 431
Gross Profit 3878
Gross Margin % 90.00%
Selling General and Administrative 1700
Non Recurring -
Others 72
Operating Income or Loss 2106
Total Other Income/Expenses Net 1
Earnings Before Interest And Taxes 2107
Interest Expense 20
Income Before Tax 2087
Income Tax Expense 626
Net Income 1461
Shares Outstanding 29,300,000
EPS 0.0499
Trying to add this morning at .63
GLTA
The Company released projections for the 2nd Quarter with Revenue at 14.7M and Net Income in a range of 350,000 to 490,000. The Net Income range is significantly below my internal projection. I had this Company on radar but I will sit on the sidelines for now.
They also guided to the lowest range of $2.5M in Net Income for 2008. Previously they had guided from $2.5-$3.5M.
GLTA
I will take a look at COPI. Can you direct me to any information concerning forward looking statements? I don't see any growth from their previous financials (admittedly I only gave it a quick look).
Once again I agree. However, I also reiterate my comment from July 11th.
My main concern on this stock is dilution. The Company has been quite liberal concerning the use of the Company stock. However, I anticipate that future earnings will more than offset any further dilution.
As we can see below, Standard Bank is sitting on almost 10% of the free trading float and their stock has already doubled. I think that one could expect them to liquidate some of this position.
In addition, as part of the Credit Agreement transaction, on July 11, 2008, Standard Bank exercised its outstanding warrants for an aggregate of 13,600,000 shares of our common stock for gross proceeds of $ 4,314,200.00.
Agreed. Those looking for cheaper shares should get their wish over the next several months.
Interestingly, MM LABS has been supporting the bid over the last several days. Somebody wants shares.
ZYXI has doubled in less than a month. Great call Raw and thanks :)
A big giant WOOHOO is in order!!!
Good point. I did think of that but I do know that Mexico is not having the serious problem with the cost of gas that we are having in the US and Canada.
If I plug $800 gold into my model I get a PPS of $1.70 @ at PE of 15.
Let's see if we can come to a consensus based upon both of our projections.
Ounces Sold 90000
Average Sales Price per Ounce 800.00
PE of 10 1.14
PE of 15 1.70
Thanks for your response. I'm trying to analyze our discrepancies and it mainly centers around the $310 cost per ounce that you're projecting. Is this cash cost per ounce? If so why the increase from the latest actual cash cost per ounce of $247 (for the 9 months ended April 30th)?
This is projecting a 25% increase in 2009. My projection is a more modest 10-12%.
How I intend to trade this stock.
My current position in CGLD is 64,076 shares. By the end of 2008 I intend to increase this position to around 150,000 shares.
This will be a bumpy road because:
(1) If the price of gold loses its momentum this stock will dip.
(2) Dilution will take place due to exercise of options.
(3) I will buy on dips.
(4) I will trade up to 50% of my position on rallies into resistance.
(5) I will be fully invested once the stock rallies past all levels of resistance.
GLTA and let's make some money.
All questions or critiques of my analysis are welcome (and needed) so that a final projection can be presented.
2009 Projection for CGLD.
My 2009 estimate for CGLD includes an EPS of $.14. This correlates into an estimated Price/share range of $1.40-$2.11 in 2009.
Here is my financial projection for 2009. The assumptions used in this financial model are included below.
Projection
PERIOD ENDING FY 2009
Total Revenue 84600
Cost of Revenue 30456
Gross Profit 54144
Gross Margin % 64.00%
Selling General and Administrative 6000
Non Recurring -
Others 3200
Operating Income or Loss 44944
Total Other Income/Expenses Net -1400
Earnings Before Interest And Taxes 43544
Interest Expense 1400
Income Before Tax 42144
Income Tax Expense 12643
Net Income 29501
Shares Outstanding 210,000,000
EPS 0.1405
Assumptions
Company will extract (and sell) their current estimate of 90,000 ounces of gold in 2009.
Sales price in 2009 will average $940 per ounce.
Shares outstanding will average 210M in 2009. This assumes 6% dilution.
Gross Margin of 64% in 2009. This is below historical average and contains upside potential.
Tax rate of 30% for 2009.
G&A increase of around 50% (annually) from April actuals due to Company expansion.
Assumes price of gold remains relatively stable at $940/ounce. My belief is that this contains upside. However, if price of gold decreases to an average of $700/ounce in 2009 my PPS estimate then becomes $.94-$1.42/share.
LOL thanks Tina. Lots of work to do here. Thanks again for your help. I'm going to need it!
IMO Gold will be the play for the foreseeable future. My current projection on CGLD has them earning over .13/share in 2009 (absent any new projects which may require capital). This is with an average sales price for gold of $940/ounce which may need to be adjusted upward. If you slap a PE of 15 on this stock we're looking at close to a $2 share price.
I'm counting on .78 as being the key area of resistance. Once we clear that hurdle it should be smooth sailing.
GLTY
Nice action in the stock today. It might be ready to breakout. My 2009 projection is nearly finished and I'm quite confident that this stock will be a huge winner over the next 12-18 months.
FRE has been quite the trading stock today. I've flipped it all day and once again I would've done much better by just buying and holding LOL.
I'm done with it for today because IMO some may not want to hold onto this over the weekend (although I could be wrong).
GLTY
From the Company's June 12th PR.
The mine produced over 4,200 ounces of gold and gold equivalent during the month of May, an increase over the prior months. We anticipate that production for June and July will be similar to that of May.
Here is my current projection for the next quarter. I'm assuming 12,600 ounces sold (4,200 X 3) with an average sales price of $960 per ounce (maybe a bit conservative).
My projected EPS of $.0182 represents a 31% increase from the previous quarter.
I'm currently projecting calendar year 2009 earnings which are quite astounding. I'm still waiting on some parameters so that I can finalize my research. Besides I still need to finish loading up here.
My main concern on this stock is dilution. The Company has been quite liberal concerning the use of the Company stock. However, I anticipate that future earnings will more than offset any further dilution.
GLTA
Projection
PERIOD ENDING 31-Jul-08
Total Revenue 12096
Cost of Revenue 3871
Gross Profit 8225
Gross Margin % 68.00%
Selling General and Administrative 1500
Non Recurring -
Others 800
Operating Income or Loss 5925
Total Other Income/Expenses Net -360
Earnings Before Interest And Taxes 5565
Interest Expense 400
Income Before Tax 5165
Income Tax Expense 1549
Net Income 3615
Shares Outstanding 198,238,000
EPS 0.0182
8/8/08. Luckiest day ever in Chinese culture for this millenium. It's also D-day for Chinese stocks IMO.
1930 in June. Quite impressive.
Zynex Announces Increased Orders in June
Jul 3, 2008 09:15:01 (ET)
LITTLETON, Colo., Jul 03, 2008 (BUSINESS WIRE) -- Zynex Medical Holdings, Inc. (ZYNX, Trade ), a provider of pain management systems and electrotherapy products for medical patients with functional disability, announces an increase in its orders of 171% for June of 2008 compared to the same month last year.
Thomas Sandgaard, CEO, commented, "We are excited to see yet another all-time record for orders in a month."
Zynex received 1,930 orders in June 2008 versus 713 orders twelve months ago and 1,731 orders in May 2008. Zynex has not yet finalized its results for the second quarter of 2008, including the impact of increased orders. Zynex will state these results in the Form 10-Q for the quarter.
About Zynex Medical Holdings, Inc.
Zynex Medical Holdings, Inc. (founded in 1996) engineers, manufactures, markets and sells its own design of electrotherapy medical devices in two distinct markets: standard digital electrotherapy products for pain relief and pain management; and the NeuroMove(TM) for stroke and spinal cord injury (SCI) rehabilitation. Zynex's product lines are fully developed, FDA-cleared, commercially sold, and have been developed to uphold the Company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain.
Safe Harbor Statement
Certain statements in this release are "forward-looking" and as such are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the need to obtain additional capital in order to grow our business, larger competitors with greater financial resources, the need to keep pace with technological changes, our dependence on the reimbursement from insurance companies for products sold or rented to our customers, our dependence on third-party manufacturers to produce our goods on time and to our specifications, the acceptance of our products by hospitals and clinicians, implementation of our sales strategy including a strong direct sales force and other risks described in our 10-KSB Report for the year ended December 31, 2007.
SOURCE: Zynex Medical Holdings, Inc.
Zynex Medical Holdings, Inc.
Thomas Sandgaard, CEO, 303-703-4906
Somebody wants shares and has been sitting on the bid to get them. I'm in at .63-.66 and looking for more. GLTA
OT: Strange trading today in TONS. Somebody has been buying 100 shares (at the ask) every minute like clockwork. Stock is up 14% today. Not in this one just enjoying the action.
Vegas has rid itself of the "family destination" marketing plan of the 1990's. However, there are small amusement parks located at Circus Circus and MGM. There are also thrill rides at Stratosphere and New York New York.
There are many free activities that your kids might enjoy. The fountains at Bellagio are a must see as is the ship battle at Treasure Island. Have them stop by the pool area of the Flamingo to see the flamingos and exotic bird collection. There used to be penguins but I think they're gone. There's a decent art exhibit at Bellagio and an antique car collection at Imperial Palace both which require a small fee. The gondola ride at Venetian can also help kill some time.
I'm sure that I've missed quite a few but these are all within walking distance on the Strip (except for Circus Circus).
A must see for you Tina is Sapphire. You'll be glad you went :)
DMDD .019 x .02
DMDD .019 x .02
DMDD .0165 x .017.. looks good here
DMDD .0165 x .017.. looks good here