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Thanks so much for posting that link. If you listen to the entire presentation you have to believe that OPRX is going to dominate it's space. Share price is ridiculously low given the prospects for this gem.
Awfully quiet here for a company that is rocketing upwards!
Thanks for the background info on WM. Very interesting and certainly not widely understood by the investing public. Contrary to others here, I know you are not posting this to "impress" anyone, but simply to provide a better insight into how retail giants operate.
Who is this "Bahner" fellow of whom you speak with such knowledge?
Yeah, after a big run up it is not uncommon to see a sell-off and retracement. Frequently referred to as profit-taking. Nothing to worry about, standard market behavior.
More transcription of yesterday's CC. Parentheses mark a word that was not entirely clear.
Comments from Pat Carroll:
"Going forward, Elephant Talk will remain committed to the expansion of our mobile services and has already engaged in preliminary discussions regarding entries into various markets in the Americas, Europe and the middle east. We believe that we are well-positioned to significantly expand our geographical footprint and increase revenue throughout 2012. And as indicated earlier, we expect to enter into our first north American contract later this month.
Our team has continued the strategy of focusing our efforts on a number of key opportunities and we remain on target to achieve success in Q4. Regarding our European government welfare recipient self-certification project, I am very happy to report that we are now in the final week of the live trial. On the technical front we continue to perform very well indeed and we are very pleased with the results achieved. We look forward to a successful conclusion to the live trial and planning the next stage of this strategic project which has already opened the door to a number of other significant opportunities in 2012 with other European countries.
Continuing on the business front, on my previous quarterly updates our reports have been exactly completed. Our first mainland European proof-of-concept to a major processor representing an entire geographic region and 22 banks. We look forward to the coming weeks this Q4 to move forward with commercial discussion and planning live production. In summary, activity for commercialization, monetization of valid-pos continues on numerous fronts within the UK, Europe, asia and the pacific. Finally, but not least of all, in my previous updates i reported that we executed a key strategic partnership with Adeptra, the global market leader in consumer owner resolution technology. Among its many customers Adeptra is used by the majority of leading retail banks across the UK, Europe, North America and apac (?). I reported that our relationship with Adeptra had already resulted in a combined solution to address a significant worldwide market opportunity which has already been taken up by a top five global (financial?) institution. Adeptra and validsoft have now completed the technical integration and we await the signed contract to move into production which we anticipate before the end of this quarter.
This one (?) lays the foundation for a collaborative approach for Adeptra for significant commercial opportunity for market penetration throughout 2012. In closing this update I believe that we are very well positioned to close out Q4 with significant milestones. I believe that our company is at an inflection point in the market in terms of the appreciation and need for the solutions we offer and I fully expect to see the realization, monetization of these (?) in 2012."
As to the MVNO business, the following is a verbatim transcript of a particularly interesting portion of the CC:
"The mass migration, actually done without the need to replace the sim card module, brings the number of sims Elephant Talk manages to close to one million. It actually is, to the best of our knowledge, the largest-ever migration worldwide without a so-called sims swap. In fact, we believe we are the only managed services company in the world that has ever managed such a large process successfully.
Elephant Talks’s unique capability to effectively migrate users while achieving a maximum set of low-cost state of the art functionality strongly positions us to secure similar contracts in the very near term.
Actually, this migration, combined with two smaller additional migrations that we expect to complete this coming spring, will cut our cash burn rate in more than half.
Going forward, Elephant Talk will remain committed to the expansion of our mobile services and has already engaged in preliminary discussions regarding entries into various markets in the Americas, Europe and the middle east. We believe that we are well-positioned to significantly expand our geographical footprint and increase revenue throughout 2012. And as indicated earlier, we expect to enter into our first north American contract later this month."
Yes, it looks like a good report based strictly on the growth in sales. The new product, Remescar, was news to me. Would have like to see a little more discussion of future growth plans but perhaps that will be covered in the conference call.
Yahoo board post from stock77investor:
Worth remembering is not only does ETAK's Validsoft division have its VALID-POS credit-card fraud solution, which Visa Europe signed and contracted with in November of 2010 to begin utilizing and implementing this QTR. with its 4000 member banks (http://www.visaeurope.com/en/newsroom/ne... ), but ETAK's Validsoft also has another prominent security/fraud solution (VALID-4F), which I believe is in the midst of becoming a unique and resounding success.
This second ValidSoft product (VALID-4F) will help governments and banks deliver services, such as benefit and welfare payments, more efficiently and cheaply. ValidSoft's VALid-4F™ system uses four types of authentication to verify identity using a mobile phone, saving everyone time and money.
The VALid-4F™ system first checks to make sure that the person has a registered cell phone that's been authenticated. The banks or governments may use the voice verification software together with the additional 'invisible' checks to ensure that it's really you when conducting financially-related and mobile transactions.
Without question there is a huge world-wide market for Validsoft's technologies. Already Visa Europe has recognized as much and is now implementing VALID-POS to help authenticate cc transactions and prevent fraud. And, as the world is moves towards mobile money, touchless transactions, and the mobile wallet, I believe ETAK and Validsoft's suite of security and fraud-prevention products will be one of the major players in providing the best secure solutions for the mobile and 4G transition.
I think their move into China has a very real possibility of developing into an exploding growth situation. Like this stock a lot and think the market has totally overlooked it's potential. Today's market cap of $9 million is an absolute giveaway. A couple more quarters of high growth (which seems extremely likely) and this stock will soar.
Great post from yahoo board by stock77investor:
The Elephant Talk deal with Visa Europe is, without question, legitimate and real. Elephant Talk's wholly-owned subsidiary, Validsoft, reportedly will be launching its credit-card fraud prevention technologies within the next week. This translates to new and increasing revenues with profit margins of 70+ percent.
Through Validsoft, Elephant Talk is now about to launch groundbreaking fraud prevention solutions, using telecommunication technology accessing the global mobile phone network to confirm, in real time, whether a cardholder’s mobile phone is within the proximity of the ATM or merchant terminal at which the card is being used. This solution and practice has been fully vetted and tested by Visa and is proven to significantly minimize the number of inappropriately declined cross-border transactions and dramatically improves fraud discovery rates.
Visa Europe's own press release is found at: http://www.visaeurope.com/en/newsroom/ne...
See also: http://www.finextra.com/news/announcemen...
And: http://www.elephanttalk.com/images/uploa...
We should see Visa Europe launch ValidSoft's credit-card security solutions within the next 7 days, beginning with roughly 250k credit-card transactions per day, ramping up to 3 million transactions per day by July of 2011, and further increasing utilization by year end (2011) to 3+ billion credit-card transactions annually. To be clear, Elephant Talk's Validsoft fraud-prevention solutions are projected to generate some $300+ million in revenues on an annual basis - - and just from its one Visa Europe deal.
VHC average daily volume of 570K was reached at approximately 12:40 PM, well before the CNBC mention. Something other than CNBC had much to do with today's huge increase in volume.
Volume was unusually high all morning before the CNBC mention.
Great recent post from SI board:
I would look at the last 2 qtrs and note the turnaround that has taken place here. Then I would look at the model for these studios and start playing with percentage increases for those studios located in far east---China in particular but Tapai, Japan, Vietnam as well....
The key to this play is how many studios they can open in the far east and how fast they can meet demand which will be overwhelming with a burgeoning middle class cursed with bad teeth in China. This process with give them a nice, even white smile. In China they will KILL for that both as a stepping stone to the next job and because it will be diff...something Western yet personal too.
The emerging middle class in China and elsewhere will go for this before they go for a car. I's going to catch on like wildfire in my opinion. And you have the studios in Europe and elsewhere, those up and those going up, to anchor the operation. Lot of prior posts of mine back there. Note-you will see that percentage increase forecast in the PR below at 50% which is damn healthy. My opinion is that if they can keep up with demand that 50% increase will turn out to be on the low end.
EQPI news - a true sleeper - Zhongchai Machinery Expanding Production Capacity to Meet Market Demand
HANGZHOU, CHINA--(Marketwire - 12/02/10) - Zhongchai Machinery, Inc. (OTC.BB:EQPI - News) announced that its wholly owned Chinese subsidiary, Zhejiang Zhongchai Machinery Co., Ltd. ("Zhejiang Zhongchai"), is expanding its gear production capacity to meet increasing market demand. The expansion will be completed by the end of 2010 and will bring the gear production capacity to annual production of 2.5 million units from current annual production capacity of 1.2 million units. The budget for the expansion will be from Zhongchai's internal working capital.
Zhongchai produces high-grade gears for the use in diesel engines and in transmission gearboxes. Zhongchai has entered into an area of business that enjoyed the fast growth of infrastructure build up in China. With its technology advantages and superior production quality, Zhongchai is facing a high demand from the market for its products. Zhongchai has to quickly increase its production capacity to meet the market demand.
"We are very happy to see this production capacity expansion as part of our business plan to meet the market demand. We shall continue to expand our production lines as our market coverage expanding," said by Mr. He Mengxin, the president of Zhejiang Zhongchai.
Zhongchai Machinery, Inc.
Zhongchai Machinery, Inc. is a developer, producer, and distributor of gears, transmission gearboxes, and transaxles for industrial and agricultural equipment, such as forklift trucks and diesel engines. It conducts its business in China through its wholly owned subsidiary in China.
http://finance.yahoo.com/news/Zhongchai-Machinery-Expanding-iw-417829735.html?x=0&.v=1
EQPI - Talk about low hanging fruit! A screaming buy at .50. See latest 10-K
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7468767-154406-158709&type=sect&dcn=0001144204-10-050239
WTFS not terribly sexy but an excellent China play. Revenues up 56% with strong forward momentum.
WEIFANG, CHINA--(Marketwire - 09/30/10) - Xinde Technology Company (OTC.BB:WTFS - News), a widely respected China based designer and manufacturer of internal combustion engines and parts, primarily for the domestic market, announced today a sharp increase in sales in its fiscal year ended June 30, 2010, which were up 56% year over year to approximately $123.3 million from approximately $78.8 million in fiscal 2009.
http://finance.yahoo.com/news/Xinde-Technology-Company-iw-2377666218.html?x=0&.v=1
A very sweet and orderly rally. Was down a ton in my Chinese portfolio but VHC has single-handedly turned this into a very profitable year. I think the best is yet to come. Wait until another settlement is announced if you want to see a rocket!
On a lousy 644 shares? Hmmm
I think the party is only getting started! Still way off the radar of most market watchers. An AMEX listing pretty much guarantees little exposure. That will all change in due course.
Yes, it has proven to be a strong runner. I suspect it still has some pretty good legs although punching through into double digits is always a challenge. Still hasn't hit many radar screens as yet. The next official announcement could set off a real moon shot. Definitely a "buy the dips" stock.
Great post from Yahoo board:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_V/threadview?m=tm&bn=44556&tid=8766&mid=8766&tof=27&frt=2
The recognition and understanding of VirnetX's expansive (security) patent portfolio is slowly coming to fruition. We are only now beginning; the best is yet yet ahead. Time has been VHC's friend, which in the fast-paced technology world is a rarity.
VirnetX is uniquely different in that the entire 4G mobile, Internet, cloud computing, and digital communication world has been moving directly towards and into VirnetX's suite of security (VPN & secure domain name-related) patents. What has yet to be gleaned by almost all is that not only are VirnetX's security patents needed; their use will be required. Already certain technology titans are recognizing such.
Why did MSFT surrender ($200 million) and why has Apple, Cisco and NEC now been sued? It's VPN, stupid. VirnetX owns the key patents related to one of the most ubiquitous and important security technologies, Virtual Private Networks. Truly, it's akin to owning the patent on the wheel.
What investors should not do is dismiss the legitimate potential valuations (which I believe will prove low) for this company and its different segments for monetizing its IP portfolio. Below are the "known" opportunities......I suspect already there are dozens more:
The different valuable parts to VirnetX include:
1. Litigation/patent-infringement lawsuits, including multiple other known infringers like CSCO, Apple, NEC etc. (So far, VirnetX has collected $200 million in cash). The Apple, Cisco and NEC litigation involves a comprehensive list of infringing products (including the iPhone, iPad, & iTouch) that amount to annual sales of over $160 BILLION. In contrast, the MSFT case involved under $40 BILLION of Microsoft infringing product sales for multiple years. This new case is far, far larger.
2. Licensing Arm - licensing its IP, including licensing pertaining to embedding its patented technologies into network infrastructures, operating systems, or silicon chips in any number of 4G/LTE devices. This includes licensing for VHC's essential patents for complying with the Series 33 security reqiurements for 4G/LTE mobile devices.
3. GABRIEL Connection Technology - software, multiple uses and applications as it relates to GABRIEL's functionalities and features. (Status: GABRIEL Beta testing was launched on 12/08/2009).
4. Secure Domain Name Registry/ DNSSEC - (including two new patents - 504 and 151 patent)VHC has the solution for DNSSEC, and VirnetX is boldly claiming ownership of Secure Domain Names/Registry. To date, no one has disputed VHC's exclusive claim.
5. Secure Mobile Payments -(Visa, Mastercard, American Express, etc.) - Pay close attention to this evolving space, which must have the VPN and 4G security specifications and technologies created through utilization of VHC's patents. The "Secure" Mobile Wallet. In my opinion, it is inevitable that VHC will participate in this space.
Another solid step forward today with the latest confirmation from the Patent Office.
http://finance.yahoo.com/news/VirnetX-Victorious-in-Patent-prnews-3690634545.html?x=0&.v=1
SCOTTS VALLEY, Calif., June 22 /PRNewswire-FirstCall/ -- VirnetX Holding Corporation (NYSE Amex: VHC), an Internet security software and technology company, announced today that on June 16, 2010, the United States Patent and Trademark Office (USPTO) confirmed all claims of VirnetX's U.S. Patent No. 6,502,135 and U.S. Patent No. 7,188,180 are patentable and valid.
U.S. Patent No. 6,502,135, entitled "Agile Network Protocol for Secure Communications with Assured System Availability" and U.S. Patent No. 7,188,180, entitled "Method for Establishing Secure Communication Link Between Computers of Virtual Private Network," were determined to have been infringed by Microsoft at a jury trial in a patent infringement suit that was settled by VirnetX and Microsoft for $200 million on May 17, 2010.
"The validation of these two key patents and all the claims associated with each by the USPTO further validates the importance and strength of our patent portfolio," said Kendall Larsen, VirnetX President and CEO. "Furthermore, this confirms that VirnetX has key patents related to one of the most ubiquitous and important security technologies, Virtual Private Networks."
VHC is a steal at these prices. Of course, under current market conditions there are a lot of "steals" out there. Not many though with the potential of this baby IMHO.
Whatever you thought VHC was worth yesterday, it is worth considerably more today. The settlement validated the patents and puts vhc in the position of being a toll collector on what promises to be a very lucrative highway. The same company as yesterday except with much of the risk washed out and selling for essentially the same price. Amazing!
Annual report shows tremendous top line and bottom line growth for this fine company. A definite keeper.
http://finance.yahoo.com/news/NIVS-Announces-2010-First-prnews-3876203494.html?x=0&.v=1
"This Prospectus Supplement relates to the sale of up to 2,281,253 shares of SCI Engineered Materials, Inc. common stock (the “Shares”). The Shares are being registered to permit public secondary trading of the shares that are being offered by the selling shareholders named in the prospectus. We are not selling any of the Shares in this offering and therefore will not receive any proceeds from this offering."
It's a bit confusing since the "selling shareholders" are not identified in Prospectus 15. Unless I am totally misunderstanding this (which is always a definite possibility with SEC docs!) looks like major dilution is in the works. What's your take 10-Bagger?
Smells like a classic head fake day. Down 200 early and up 100 at the end. Definitely time to load up. It is always helpful to be reminded of Warren Buffet's view of the stockmarket: A method of transferring money from the impatient to the patient.
LIWA, a word of caution. Don't know if this guy knows what he is talking about but he has some followers. Claims something might be a bit fishy with LIWA's books. FWIW
http://seekingalpha.com/author/steven-r-chapski/instablog
and an interesting Yahoo post here:
http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_L/threadview?bn=99408&tid=1254&mid=1268
ACLO - yes, the low profit margin cuts both ways. The slightest improvement in margins and profitability skyrockets.
ACLO - blowout quarter "Net sales for fiscal year 2009 were $304,655,159, which increased by 45.4% or $95,098,233 compared to fiscal year 2008. The net sales for the quarter ended December 31, 2009 ("2009 4th Quarter") was $90,357,166, representing an increase of 56.8% compared to $57,613,777 for the quarter ended December 31, 2008 ("2008 4th Quarter"). The net sales increase was mostly due to limited supplies as well as higher selling prices for memory products due to the increasing demand. The increase in net sales also provided higher rebate income from Samsung.
The Company's gross profit for fiscal year 2009 was $8,478,982, representing a 103.4% increase compared to $4,168,640 for fiscal year 2008. Gross profit margin for fiscal year 2009 was improved from 2.0% for fiscal year 2008 to 2.8%. The Company reported income before income taxes of $3,573,873, representing a 3,780,616 increase compared to $206,743 loss before income taxes for fiscal year 2008. The results were mainly due to the increase in gross profit and decrease in bank interest expense due to reduction on external financing from banks
The Company had recorded its net income of $2,922,483, representing a $3,095,355 increased from net loss of $172,872 for fiscal year 2008. The amazing growth was due to better market condition and supply shortage, which led to higher selling prices compare to the fiscal year 2008. The gross profit for 2009 4thQuarter was $653,721, as compared to $696,623 for 2008 4th Quarter, representing a 6.2% decrease. The gross profit margin for the Company for 2009 4th Quarter was 0.7%, compared to 1.2% for the corresponding quarter in 2008. The decrease in gross profit margin was mainly due to the increase of cost of goods sold compare to the 2008 4th Quarter.
The Company predicts that the supply shortage will continue in 2010, while the average selling price and demand for memory components will be steady. The Company believes its sales turnover and gross profit margin will continue to increase in 2010 as the Company is expanding its business."
http://biz.yahoo.com/e/100415/aclo.ob10-k.html
10 Amigos from another quiet lurker:
BSPM
CCME
CHNC
CHOP
CKGT
CNBI
NFEC
SDTH
SNBP
WKBT
I think Cramer helped get it some attention but it is probably moving more on recognition of its earnings potential.
It is always helpful to be reminded of Warren Buffet's view of the stockmarket: A method of transferring money from the impatient to the patient.
Cramer touted it pretty big last night.
No better time to load up then when there is blood in the streets and a near panic atmosphere of gloom and doom. This sell-off is not being driven by any fundamental change in the economy or earnings outlook of these Chinese gems. The herd instinct in the market is almost invariably wrong.
Selloffs like these are painful to watch. So don't watch. Unless you are using margin, just ignore the market and your portfolios for awhile. Unless of course you are lucky enough to have available cash - at which point I would be buying like crazy. The fundamentals are excellent on these ECSC stocks and they will come back strong at some point.
MSAH . . chinese ginger producer. Quarterly sales up over 300% over last year. Worth a look. See latest 10K at:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=6883144&tabindex=2&type=html
Man Shing Agricultural Holdings, Inc. (OTCBB: MSAH) is headquartered in Hong Kong. Man Shing Inc is a high growth agricultural products company based in Shandong Province, China. The main product is ginger. Man Shing exports to high margin, high-quality markets where its products are sold in leading supermarkets and restaurants in Europe, Japan and North America. Man Shing expects to sustain gross profit margins of over 25% and net profit margins of around 20% on low production costs, efficient land management and a high- quality, high-margin strategy. Having acquired long-term rights to extensive tracts of farmland in Shandong, the Company is positioned to become the largest ginger producer in the country by the end of 2010. Please visit http://www.msaginger.com
"I figure if I can invest in a country that shoots its own citizens down in the streets for the crime of asking for their rights then I can invest in a company that makes a video game I dont like."
Well said.