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Just think how excited longs would be if FASC ever got positive coverage in a trade mag! That would be the cat's meow, IMO!
TRCPA, it's a "start-up" company, when a sale is made, it's necessary to brag about the operation and why it was the best pick for the job. Not in PR's necessarily, but certainly in trade mags to let the potential industries know what a wonderful machine FASC has. $100,000 in bonuses could have done some of that, unless they can't find an independent source to do the bragging because it really isn't that astounding. Did any of the trade mags do any reports on the AP work? That seems to me to be very important to that industry.
When do you think the market is going to bid this way up? You must have some time goal in mind unless you don't plan to enjoy the returns in your lifetime.
Dilution has stopped (maybe, won't know for sure until the next filing, IMO), but the pps continues to drop back. The Asian "story" is beginning to sound like the Haliburton story that was going to require KDS's all over the world to process Zeolite. What amazes me is the amount of bullpoo that piles up on a 4 cent stock. Eight years of potential has not produced much, IMO. Once the machines are on location there are very few reports on how they are working, IMO.
techisbest, are they bringing back any money or will it all stay there? How do you audit foreign JV's/partnerships? Could Cal build a nice summer house there and call it an office? Inquiring minds want to know!
rrufff, I wasn't happy with the paid guys either, but I think they got restricted shares. I'm looking at this two ways, first, this is perfectly all above board and the high risk is can they accomplish what they set out to do. Or second, we don't know the full story and they will start a major pump job to sell some shares and we can "play" that momo. I'm 99% sure at this point they really are above board and are busy getting it done. Only 2 million float and a pink sheet, so it will be very volatile with just a few buyers or sellers. My timing was very bad and I could have bought much lower at these prices now, but that's the risk I took when I bought. I think the paid promoters can line up serious money investors when the time is right. In the meantime, they aren't doing a major pump job which makes me feel more comfortable.
$1.70 x 1.95, I may have to cash in some more food stamps!
Waitedg, here's a message on IDCO profiled:
By: ofalltheginjoints
13 Jul 2005, 02:28 PM EDT
Msg. 975 of 975
Jump to msg. #
IDCO was just profiled today in a stock promotion publication. It sounded interesting. I would have bought today but funds are presently tied up in other stocks.
Sam, the new Ipod went over pretty good.
Waitedg, nothing mentioned on any of the boards regarding a newsletter rec. Must be a news leak or (heaven forbid!) manipulation. Big volume leans towards news coming, IMO.
OT: Sam, this helps, but they do have $10 mil in debt so I would stay away from that one! LOL!
Shares Outstanding: 4.89M
Float: 3.23M
Thanks tech, the article I posted must have been reporter error, other links say December. May have also been plant start-up in December before going 100% power on the grid this month. They usually bring them up in stages to check everything out on a new plant.
FASC said the TSH plant was on line in December, this article says July:
TSH to profit from Sabah station
1 April, 2004
TSH Resources Bhd expects its 14MW renewable energy biomass power plant in Sabah to be commissioned in July to generate annual profit of RM8 million to RM10 million through sales of power to Sabah Electricity Sdn Bhd (SESB).
According to TSH Executive Director Lim Fook Hin, TSH is the first local company to sell renewable energy – from oil palm waste – to SESB, which is 80% owned by Tenaga Nasional Bhd.
“We are selling up to 10MW at 21.25 sen per kilowatt hour (KWh) through a 21-year renewable energy purchase agreement (REPA) to SESB,” he told reporters at a media briefing in Petaling Jaya yesterday. Independent power producers using diesel sell electricity to SESB at 36 sen per KWh.
TSH Group has to date invested RM45 million in its palm bio-integrated complex – the world's first – in Kunak, Sabah, which is capable of processing oil palm fresh fruit bunches into biomass power, and palm oil mill effluent into pulp and paper products as well as bio-gas energy.
TSH was awarded a RM1.8 million grant by COGEN3, a European Union-ASEAN Programme, for the biomass power plant. Coming on stream by the end of next year will be TSH's wood-based 8MW biomass plant located at subsidiary Ekowood Sdn Bhd's factory in Ipoh.
Lim said, “We are negotiating another REPA with Tenaga for the supply of energy from this biomass plant. This may generate another RM6 million in profit annually, starting from early 2006.”
The group's palm pulp and paper biogas energy plant at the Kunak integrated complex is targeted to start operations by 2006, he added. This plant has received a RM20 million grant from the Forest Research Institute of Malaysia.
“We hope to produce 30,000 tonnes of palm fibre pulp and paper a year, focusing on the domestic and China markets,” said Lim.
TSH Group Managing Director Datuk Kelvin Tan said the group's expansion into power plants would cushion its core businesses in oil palm plantations, palm oil milling and wood-based operations.
Tan said TSH was set to open a palm oil mill in West Sumatra by the year-end through its joint venture with the co-founder of Indonesia's PT Astra group.
TSH has 4,750ha of oil palm plantation and three palm oil mills in Sabah. Palm oil production amounted to 100,000 tonnes last year, and is expected to rise to 120,000 tonnes this year.
Lim said, “As a producer, we are very comfortable with the current crude palm oil price, which has given us the opportunity to lock in sales at an average RM1,900 per tonne until the end of this year.”
Tan said the group had been steadily registering compounded annual growth of 25% per annum over the past 10 years. “We hope to maintain or improve on this over the next three years.”
Adapted from "The Star", 1 April,
http://72.14.207.104/search?q=cache:kDx04x3q7zkJ:www.mida.gov.my/beta/news/view_news.php%3Fid%3D56+T...
Naural gas prices, have you taken a look lately? O&G up, let's hope for some news soon from Tandem.
http://www.futuresource.com/markets/market.jsp?id=energy
WyoInvestor, been there, done that too, and still make a lot of mistakes.
sambeaux, married? My holdings got much bigger in that portfolio! LOL!
OT: sambeaux:
"Those who cut their losses at 7% had the capital to get back in the game later.
On the other hand, investors who stubbornly stick with a stock, ignoring the sell signals it flashes as it falls, often see their investment evaporate.
Say you have $1,000 to invest. If you make three bad investments in a row, but cut your losses at 7% each time, you're left with $804.35 in your portfolio. If the next stock you jump into scores a 25% gain, you're back above the $1,000 mark.
But if you stay in a stock as it tanks, your portfolio will dry up in a hurry.
Knowing when to bow out is a big part of what separates good traders from poor traders. A good trader realizes he's made a mistake, gets out and learns from his mistake. A bad trader blindly holds on.
Cutting losses at 7% is particularly important in today's market. Some stocks have fared well, but others have broken down. Buying a stock that's extended from its base, or one that has formed a faulty base, can lead to problems. Getting into such stocks in the first place is a bad idea. And you'll only compound the problem by hanging on as it crumbles.
You'll also damage your confidence. Letting a big loss pile up can make you gun-shy the next time a leading stock breaks out. You could then miss out on big gains."
http://biz.yahoo.com/ibd/050711/corner.html
OT: TRCPA,
Slow and steady wins the race. Our $50,000 investment: Since July 1, you have been up $8333 and are now down -$2380. My ARTQX is up $1292. I dream of girls, white beaches, and no debt.
OK, can you go do five more if I list them?
sambeaux, I just have stop-losses on two stocks that have been steadily rising and not that volatile. I've got a couple of low float stocks that have too big a pps range to put stop losses on, IMO, been burned on stop losses too, but sure wish I had them on some others! LOL!
No or little debt (the "little" debt is usually owed to management): ADOT, DMEC, ARGY, BIPH, EZTO.
TRCPA: FASC has debt, "Stock issued for services and current debt 136,660" Last 10Q.
Waitedg, thanks for the info. I kinda suspected things weren't on the up and up. I have it on my watch list since you originally mentioned it out of curiosity.
OT: sambeaux, me too. I have probably learned more about investing in the past 5 years than the previous 30 years. I think the hardest part is acquiring the discipline to follow buy and sell rules. I haven't been able to stick to any 100% yet! LOL! Have started to use a % stop-loss on a couple of stocks, as the pps increases, the stop-loss automatically increases within your specified percentage.
TRCPA, 99% of the companies on the OTC have no debt, because they don't qualify for loans and their whole point of listing is to sell shares for money. That is a very poor reason to buy an OTC stock, IMO. It is a very good reason to buy stock in a small company that doesn't need to dilute and keeps the OS low.
CESV, I can't imagine it holding, but......
"KDS-MF777 now at the core of the Malaysian power plant", is it a nuclear plant? Or like a Big Apple? The boiler and generator are usually considered the "core" of a power plant, but hey, some poetic license is permitted!
Watch FEIC for a bottom, great long term Nano play (they make the equipment). Down on news, but will be a good future long term hold, IMO.
FEI Cuts Forecast, Closes Plant
By TSC Staff
7/11/2005 5:13 PM EDT
A company that focuses on the very small was getting a big reaction in extended trading Monday.
Nanotechnology firm FEI (FEIC:Nasdaq - commentary - research) said after the close that it realigned its organizational structure to focus on three major nanotech markets. Additionally, the company set plans to reduce excess capacity and restructure in the second half of the year, while lowering its revenue guidance for the second quarter.
The company will realign its sales, marketing and R&D groups to focus on its three major markets -- nanoelectronics, nanoresearch and nanobiology. As part of the moves, FEI will close its Peabody, Mass., facility. The early estimate of the restructuring and related charges is about $15 million in the second half of 2005.
Second-quarter revenue will probably be $109 million to $111 million, compared with the previously issued forecast of $114 million to $120 million, the company said. FEI expects to break even for the quarter, before items. The company had said it would earn 5 cents to 9 cents a share for the quarter, when its results were calculated according to generally accepted accounting principles.
Thomson First Call has a mean revenue estimate of $119 million for the second quarter. Shares of FEI were dropping $2.31, or 9.5%, to $21.99 in after-hours trading.
"Our backlog remains at near-record levels, and we expect stronger orders in the second half of the year," FEI said in a press release. "The combination of our cost-reduction steps and the movement of the backlog into shipments, especially in the fourth quarter, is aimed at increasing profitability later in 2005 and in 2006."
Currently, the company believes bookings for the third quarter will be around 10% above the second quarter, with a further increase in the fourth quarter. FEI said revenue in the third quarter should be similar to the second quarter, with a sequential increase in the fourth quarter.
Waitedg, did you see this on QLHC.PK? Let's watch what it does on the reverse split.
Quality of Life Health Corporation Secures $25 Million Acquisition Line and Inaugurates LifeHouse Retirement Properties, Inc. Brand Name At Corporate Level
Monday July 11, 9:00 am ET
LOS ANGELES, July 11, 2005 (PRIMEZONE) -- Quality of Life Health Corporation (Other OTC:QLHC.PK - News) announced today that it has achieved a major milestone in its growth-through-acquisition strategy by securing a $25 million acquisition credit line specifically for buying additional senior long-term care facilities. The credit line will be deployed as the Company's equity portion of what is typically a 25 percent equity/75 percent senior debt funding structure for acquiring senior care facilities. This could allow the Company to acquire upwards of $100 million in additional facilities with standard senior debt financing from third-party lending institutions to compliment the acquisition line.
The Company also announced that the Board voted unanimously in favor of expanding its LifeHouse brand name, announced for its subsidiary on April 14, 2005, to the corporate level. Effective this week, the Company will change its name to LifeHouse Retirement Properties, Inc. (LHRP), reflecting its new focus solely on growing its assisted living franchise throughout the U.S. The Company has applied for a new trading symbol which it expects to receive later this week.
Rowan Farber, President of QLHC, explained that the Company has not only secured a $25 acquisition line, but has aligned itself with a strong strategic partner in NAMCO, the principle investor, stating: ``This acquisition 'war chest' provides the Company with a tremendous and unprecedented growth capability. We have worked diligently over the past year to stabilize our operating platform and identify a versatile acquisition partner who recognizes the potential value of our long-term mission and strategy. This mission involves building a scalable business with predictable cash flow and a strong real estate portfolio in the long-term care sector.''
The $25 million acquisition credit line was structured as a 30-month revolving credit facility. After acquiring a facility, the Company's experienced management team focuses on improving operations until it reaches a target stabilized occupancy of over 90 percent. The stabilized cash flow will potentially generate significant incremental cash flow for the acquisition target and LHRP. Upon stabilization, the Company will seek to refinance an acquired facilities' total debt (both senior acquisition debt and the revolving acquisition credit line) with permanent long-term debt financing, at a lower cost of capital. Senior permanent refinancing is generally available though the Housing and Urban Development (HUD) Section 232 refinancing programs and other low-cost financing sources. The long-term financing should potentially repay the revolving acquisition line, which could then be utilized again to acquire additional facilities. As part of the closing on the $25 million acquisition line, QLHC provided stock warrants to the investor for up to 30 percent of the current outstanding shares on a fully diluted basis, exercisable over a 10-year period.
The Company has also announced a 1:3 reverse stock split as part of its long-term goal to increase share price and reduce the total number of shares outstanding. The Company plans to transition from the pink sheet exchange to at least the OTC Bulletin Board exchange in the medium-term future. The reverse split is effective as of the date of this announcement, July 11, 2005. The Company is sending a letter to all shareholders regarding the reverse split.
Management at LifeHouse Retirement Properties, Inc. concentrates on delivering premier traditional and alternative services and products to its residents, with an emphasis on an ``aging in place'' quality and continuum of care. This is the next step in extending the company's mission and philosophy as it positions itself in the marketplace and extends its brand to new acquisitions. The LifeHouse approach will help advance the quality commitment and create a learning environment to effect continuous performance improvement in clinical processes to better meet the needs of residents. The Company will continue to strive for a holistic environment which provides independence, dignity, and choice in a resident-centered, employee-focused environment.
LifeHouse Retirement Properties, Inc. is a consolidator of senior assisted and independent living facilities in the U.S. The Company is focused on strategic acquisitions of health care properties by typically purchasing the distressed debt and delivering a robust turnaround strategy to stabilize follow-on acquisitions. The Company's platform provides a strong acquisition and operating team with significant experience in health care, hospitality, finance, construction and real estate, particularly effective in turnaround operations of under-performing properties or entire business units. QLHC currently owns five and leases two facilities in Michigan. The Company has approximately 553 units and 500 full-time and part-time employees.
Forward-Looking Statements: The information contained herein should not be construed as a recommendation to purchase any securities. Statements in this news release concerning the company's business outlook or future economic performance, anticipated profitability, revenues, expenses, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes and delays in development plans and schedules, acquisition risks, licensing risks, business conditions, competition, changes in interest rates, our ability to manage our expenses, market factors that could affect the value of our properties, the risks of downturns in general economic conditions, availability of financing for development and acquisitions. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. Investments in small-cap companies are generally deemed to be highly speculative and to involve substantial risk, making it appropriate for readers to consult with professional investment advisors and to make independent investigations before acting on the information. Any investment in small-cap companies could prove to be high risk investments with the result in the loss of part, or the total principal investment.
Contact:
LifeHouse Retirement Properties Inc.
Gordon Wolf
Investor Relations
Phone: (508) 993-5320
Fax: (508) 997-2169
Email: ghwolfe@aol.com
You dream about stocks? I dream about girls.
Sam, or the MM's could have sold shares they didn't have on the last spike, and now are bringing the pps down to pick up shares to cover those sold. Usually though, they keep the ask up to discourage any buying while they are doin that. Who knows, they can play a lot of games on the OTC, IMO.
MM's providing a buying op for dedicated holders, I smell collusion! Could be those in the know have some MM contacts, IMO, some of these major companies involved with FASC could have some stroke with the MM's!
AATK: American Access Technologies Reports Record Sales of $2.1 Million for Second Quarter 2005
Monday July 11, 8:30 am ET
All-Time Best Quarter Sales in Corporate History Leads to 29% Sales Growth for Six Months Ended June 30, 2005
KEYSTONE HEIGHTS, Fla., July 11 /PRNewswire-FirstCall/ -- American Access Technologies, Inc. (Nasdaq: AATK - News) is pleased to announce that preliminary unaudited sales for the three months ended June 30, 2005 were approximately $2,100,000, an increase of 20% over second quarter 2004 sales of $1,754,514. For the six months ended June 30, 2005, preliminary unaudited sales were $3,900,000, a 29% increase over the 2004 period.
The second quarter 2005 marked the eleventh quarter out of the last twelve with year-over-year quarterly sales increases. Significant factors contributing to the increase in sales in second quarter 2005 include: continued solid execution of our overall internal sales and marketing plan, production from our new laser cutting machine which enables the Company to compete for new customers as well as to improve the efficiency of current manufacturing processes, strategic marketing campaigns by the Company's sales partners, the training and education of end users and the adoption of industry standards for zone cabling and wireless products.
Joe McGuire, Chief Financial Officer, commented, "Our performance this quarter and year-to-date gives us three years of consistent, steady sales growth. All indicators lead us to anticipate that this positive trend will continue for the balance of the year."
"We are on track to reach our announced goal of achieving profitability in fiscal 2005. Every employee of American Access is focused on doing their part to enable us to deliver strong financial results and increased value for American Access shareholders."
Detailed information on financial results for the second quarter 2005 are included in the Company's Quarterly Report on Form 10-QSB that will be filed with the Securities and Exchange Commission in approximately 20 to 30 days. The preliminary results noted above are subject to revision.
About American Access Technologies, Inc.
American Access Technologies, Inc. manufactures patented zone cabling and wireless enclosures that mount in ceilings, raised floors, and in custom furniture, for routing of telecommunications cabling, fiber optics and wireless solutions to the office desktop. The Company's concept of "zone cabling" reduces costs for initial network installation and facilitates moves, adds, changes and upgrades for the network installations of today and tomorrow. The Omega Metals division manufactures proprietary products, and also employs state-of-the-art metal fabrication and finishing techniques for public and private companies and U.S. government contractors.
Our Company SEC filings, news and product/service information are available at http://www.aatk.com.
Cautionary Note Concerning Forward Looking Statements: This press release contains forward-looking statements as defined in Section 27A of the Securities Exchange Act of 1934, regarding future revenues and profits. While the Company believes that such forward looking statements are based on reasonable assumptions, there can be no assurance that such future revenues and profits will be achieved or achieved on the schedule indicated. Furthermore, unanticipated future events, conditions and financial trends may affect the Company's revenues, operating results and financial position. Prospective investors are cautioned that these forward-looking statements are not guarantees of future performance. Actual events or results may differ from the Company's expectations, and are subject to various risks and uncertainties, including those listed in the Company's SEC filings. The Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future events make it clear that any of the projected results expressed or implied therein will not be realized.
Company Contact: Joe McGuire, Chief Financial Officer
(352) 473-6673/ jmcguire@aatk.com
--------------------------------------------------------------------------------
Source: American Access Technologies, Inc.
One thing about those Asian companies, the locals are the first to get the word and head for the exits weeks in advance, IMO.
SUMTE, Got the "E" after the merger with Click2learn, needed time to file the annual. Should be filing "soon" and I think the "E" is really holding this back. $4.77 close Friday.
"Attached hereto as Exhibit 99.1 and incorporated by reference herein is Registrant's press release dated March 8, 2005 announcing that the Company will not be able to file its annual report on Form 10-K on a timely basis and forward-looking statements relating to, among other things, the Company's compliance with Section 404 of Sarbanes-Oxley Act of 2002 and its filing of its Form 10-K."
First quarter earnings were good and didn't include all revs from merger.
http://biz.yahoo.com/bw/050428/285922.html?.v=1
"Results for the first quarter of 2004 reflect only a portion of Docent revenue, due to the acquisition of Docent, Inc. by Click2learn, Inc. to form SumTotal Systems, Inc. on March 18, 2004."
20 Million OS and 15 million float, no debt, $36 million cash. I think this could double losing the "E" and next earnings on August 3.
OT: techisbest, VMHVF has diluted by 10 million shares in a year, so my guess with the pump firm in place they are getting ready to dump a bunch more. Might be worth a play if they ever get the bid/ask spread reasonable, 100% spread not very attractive especially on a million share plus day. BTW, did you cash in your BIPH chips? I think you made a bundle on that one! Good call!
OT: TRCPA, the most you could get for VMHVF is 7 cents if you tried to sell, the buyers are paying 11-14 cents. But not bad for spin-off holders.
OT: TRCPA,
Speaking of "Day Trading", your "$50,000" FASC investment was up $8,333 at one point, but now only up $1190, all in a week. My ARTXQ is up only $870 in the same period. Short term trading seems to be the way to make money here, or at least "play" the spikes, IMO. Of course, closing on the bid or ask is a big factor.
GW, Grey Wolf, drillers should show earnings catch up with oil and gas prices. 20 ema crossover 50 ema would have been the best buy, but I think earnings will drive it higher. Closed at $7.59 Friday.
Didn't someone mention GW before on the board?
"Results will continue to improve, though at a slower rate, because there is a lot of drilling going on," he says. Out of the companies Wicklund covers, he expects Patterson-UTI (PTEN:Nasdaq - commentary - research), Grey Wolf (GW:Amex - commentary - research) and Nabors Industries (NBR:Amex - commentary - research) to do well in the second quarter."
GLW, P&F chart, $25 target. The ole Ascending Triple Top Breakout on June 1: