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PRGJ I can assure you . You will not be getting my .003s =p also today is the last of the 3s we go to 4 from here or as Lebron James would put it. Not 2 Not 3 Not 4 Not 5 Not 6 Not 7 LOL .
PRGJ I can assure you you will not be getting my .003s =p also today is the last of the 3s we go to 4 from here or as Lebron James would put it. Not 2 Not 3 Not 4 Not 5 Not 6 Not 7 LOL .
PRGJ new balance sheets numbers posted by the company here this is worth a look see. My pick for tomorrow. DD is in the sticky on the PRGJ page.
http://www.otcmarkets.com/stock/PRGJ/financials
PRGJ - Daily Candlesticks
PRGJ hey Matt I think this one is breaking out now. PRGJ just posted Fins here no news as of yet though. http://www.otcmarkets.com/stock/PRGJ/financials It is worth a look
http://www.otcmarkets.com/stock/PRGJ/financials
PRGJ 4 days running and tomorrow IMO will be 5 . I just got in here today. Here is some DD,Chart, and update.
Some PRGJ Due Diligence:
PRG Group (PRGJ) is an IT/Business Consulting company led by CEO, Uma Pandey, and based in Piscataway, NJ. They also have a subsidiary, PRG Global Services, based in the UK.
1) Open Letter to Shareholders - September 2010
http://ih.advfn.com/p.php?pid=nmona&article=44538951
2) Share Structure as of 12/31/10:
Market Value1 $297,424 a/o Jul 15, 2011
Shares Outstanding 156,539,096 a/o Dec 31, 2010
Float 82,452,596 a/o Dec 31, 2010
Authorized Shares 500,000,000 a/o Dec 31, 2010
Par Value Not Available
3) 2010 Results and 2011 Projections: $2.2mm revenues in 2010; $19.1mm revenues projected in 2011
http://ih.advfn.com/p.php?pid=nmona&article=46231958
4) Links to 2010 Financials and Annual Report:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47844
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47845
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47841
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47842
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=48983
5) Conversation with CEO - March 2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61568027
Hypothetical Price Projections:
Currently the stock trades at .0019 (a/o 7/15/11). With a current share structure as of 12/31/10 of 156mm shares outstanding and 82mm in the float, this stock trades at basically an 80% discount to its sales and book value. 2010 revenues were $2.2mm and with 156mm outstanding, the company was worth .014 without ANY multiple to sales applied. The company had over $5mm in assets on their books at the end of 2010, and only $2mm in liabilities. Currently Book Value would be over $.03/share. Even if you back out Goodwill, the company's Book Value is over $.01.
The company issued projected 2011 revenues back in January 2011 for their Gov't Unit of $19.1mm. Assuming NO increase to their share structure, you have a share price of .12 assuming the stock trades at 1x revenues. Many growth stocks trade at MULTIPLES to their revenues. For PRGJ, should that be 2x revenues ($0.24), 5x revenues ($.60), 10x revenues ($1.20) or more????
What if the share structure is doubled now vs. 2010 year end? Should the multiples NOT apply then? Of course not! The fact remains that this company is WAY undervalued at these levels in my opinion!!
PRGJ - Daily Candlesticks
http://www.otcmarkets.com/stock/PRGJ/financials
PRGJ 4 days running and tomorrow IMO will be 5 . I just got in here today. Here is some DD,Chart, and update.
Some PRGJ Due Diligence:
PRG Group (PRGJ) is an IT/Business Consulting company led by CEO, Uma Pandey, and based in Piscataway, NJ. They also have a subsidiary, PRG Global Services, based in the UK.
1) Open Letter to Shareholders - September 2010
http://ih.advfn.com/p.php?pid=nmona&article=44538951
2) Share Structure as of 12/31/10:
Market Value1 $297,424 a/o Jul 15, 2011
Shares Outstanding 156,539,096 a/o Dec 31, 2010
Float 82,452,596 a/o Dec 31, 2010
Authorized Shares 500,000,000 a/o Dec 31, 2010
Par Value Not Available
3) 2010 Results and 2011 Projections: $2.2mm revenues in 2010; $19.1mm revenues projected in 2011
http://ih.advfn.com/p.php?pid=nmona&article=46231958
4) Links to 2010 Financials and Annual Report:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47844
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47845
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47841
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47842
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=48983
5) Conversation with CEO - March 2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61568027
Hypothetical Price Projections:
Currently the stock trades at .0019 (a/o 7/15/11). With a current share structure as of 12/31/10 of 156mm shares outstanding and 82mm in the float, this stock trades at basically an 80% discount to its sales and book value. 2010 revenues were $2.2mm and with 156mm outstanding, the company was worth .014 without ANY multiple to sales applied. The company had over $5mm in assets on their books at the end of 2010, and only $2mm in liabilities. Currently Book Value would be over $.03/share. Even if you back out Goodwill, the company's Book Value is over $.01.
The company issued projected 2011 revenues back in January 2011 for their Gov't Unit of $19.1mm. Assuming NO increase to their share structure, you have a share price of .12 assuming the stock trades at 1x revenues. Many growth stocks trade at MULTIPLES to their revenues. For PRGJ, should that be 2x revenues ($0.24), 5x revenues ($.60), 10x revenues ($1.20) or more????
What if the share structure is doubled now vs. 2010 year end? Should the multiples NOT apply then? Of course not! The fact remains that this company is WAY undervalued at these levels in my opinion!!
PRGJ - Daily Candlesticks
PRGJ I myself picked up a few @ .0035 I couldve bid sat but hey If Im in it Im going to support it with some ask slappin ! Like my wife says when she walks by my comp. Are you slappin that ask again .. ?
2 days ago PRGJ triggered about 5 chart buy signals. I'm a day late but at least I'm here. like I said easy double even without news.
PRGJ closed green on a sale. Now that's always a good sign . I'm glad I bid whacked out of my other positions so I could get 3s here today.I'm holding for pennies . I rate this a buy and hold. IMO anything @. 005 and under is an easy double of your money. I just love the way PRGJ trades. Slow steady hits all the way up !
Its not going to happen retail selling yesterday.
PRGJ I just now noticed this hit 4 pennies last NOV !
PRGJ it looks like they went through at .0035 I picked up 140k myself. Board looks good here.
No looks about it there are BILLIONS of shares to drop are you aware of how much that is BILLIONS not millions or thousands BILLIONS
You mean .005 this is over it failed to hit the hod high of .0066 today same thing happened yesterday with HOM. Turn the lights off when your done
are they dumping 6 billing shares?
This ran to .015 then settled to .003? really hot a good sign IMO . Steve is this a buy and hold ? Or buy and dump ? TIA
777
MGRND big news out
HOMS the PR is strong Im going to trust it. Im off to work I hope the market like it and this doesnt tank by the time I come back. Level two is weak still lots of bid sitting right now though.
HOMS FREE level two here http://www.otcmarkets.com/stock/HOMS/quote40k @ .066 10k @ .07 50 k @ .20
Auto has 100000 on ask @ .062 auto test now hes showing his hand nothing left until .07 ! Here we go !!! Take auto out !!! attack
Auto has 100000 on ask @ .062 auto test now hes showing his hand nothing left until .07 ! Here we go !!! Take auto out !!! attack
Auto has 100000 on ask @ .062 auto test now hes showing his hand nothing left until .07 ! Here we go !!!
Its stalling here there must be a big order going through .. ?? is it a buy or sell
HOMS more selling than I like to see. .05 seems to be bottom.
HOMS this thing has 75 % swings in seconds !!!
HOMS hey Bobby take the mod spot and get this thing going ..
HOMS yeah Im learning that now somehow I did though.
HOMS yeah I was all over that news but my order wouldnt fill. I always use an AON because Ive been left in the dust with out it. This time my AON wasnt filling and my time and sales was showing buys and sales going off under my order. Long story is im in now LOL.
HOMS Bobby were you in on the cheepies .. ??
Homs finally !
HOMS I cant get shares!!
HOMS I cant get shares!!
UYMG ok sorry I said this has a chance to go to .015 but got the part wrong on how it would actually get there .,?!$ Come on dude.I never claimed to be a prophet. Just some chart watching and a know how on how market reacts to news.
UYMG that someone was me. The market did what it always does on small PRs. It sold like always. Hey I'm not saying the company isn't good and heading in the right direction. I'm saying the market wanted the fins. Without them we go down . Why let this bother you ? Just an awesome opportunity to add to your position IMO.
UYMG here's my post from yesterday. Others said it wouldn't happen . I had a feeling it would do this . A good buying opportunity here IMO.
UYMG surprising an MM shake to .015 no one saw that coming right ..?? ;)
GRBG I'm on bid waiting
UYMG bid whacker to deal with now. Maybe it was some remaining shares of the seller.
UYMG so no one wants to help with a level ll ?