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WEX below $4.50. Crazy! Stock runs to the $7's last month after posting blowout Q2 earnings of .16/share. Since that run, company has announced a couple of nice contract wins. I don't get it.
steve, re SVL
Hard to believe the stock is now trading BELOW where it was on the OTC:BB...when nobody even knew about the Amex listing! Now they're actually on the Amex. Trading at a fully-taxed annualized P/E below 4!
Not sure what the sellers are thinking. Seemed to be some panic selling in the markets today. I added some SVL at $1.60, but will probably get some even cheaper tomorrow.
Picking up some more TAGS in the low $3's. Company has guided for earnings of .28-.38/share during the second half of the year. Encouraging PR yesterday. Stock just seems to be getting hit like so many others today.
MSGI, any thoughts on TAGS? I think you used to own it. I bought a few on today's PR. Company only earned .03/share last quarter, but they provided some extremely bullish guidance numbers for the year. I calculated second half revenues of $145M-$155M, net income of $8.2M-$11.2M, and earnings of .28-.38/share.
Seriously doubt they can do that well, but who knows. The Jessica Simpson line started shipping in June and is experiencing "significant demand". Should provide a big boost to Q3 results. The Beyonce line will launch later this month, and should also be a hot seller. Should benefit Q4. So maybe Q3 earnings of .10/share and Q4 earnings of .15-.20/share isn't that far-fetched. They've got some easy comps at least.
Tarrant Apparel Group Report Strong Demand for Jessica Simpson and Beyonce Knowles New Product Lines
Tuesday September 20, 9:38 am ET
LOS ANGELES--(BUSINESS WIRE)--Sept. 20, 2005--Tarrant Apparel Group (Nasdaq: TAGS - News), an innovative design and sourcing company for private label and private brand casual apparel, announced today that it has experienced significant demand for its recently launched JS by Jessica Simpson and Princy lines. Princy is now in more than 500 doors, including such department stores as Macy's and Dillard's. The first shipments of the JS by Jessica Simpson line to over a thousand doors occurred in June. In addition, buyers have enthusiastically received the House of Dereon by Beyonce Knowles line, which is scheduled to launch later this month.
The new lines are expected to play an important role in the growth of the Company's higher margin Private Brands division. The Private Brands division includes American Rag CIE, a casual sportswear collection for juniors and young men, which is sold exclusively to Macy's stores across the country. In addition to American Rag CIE, the Company has entered into an exclusive distribution agreement with Dillard's for Alain Weiz plus size fashion collection. Tarrant also has the distribution rights, or owns several other labels currently in early stages of development.
"We are excited by the strong initial selling results of the Princy line, and the enthusiastic expansion of doors based on early performance ," said Barry Aved, President and CEO of Tarrant Apparel Group. "While still early, the enthusiasm demonstrated from the buyers who saw the Beyonce Knowles line has supported our optimism that it will be highly successful. Each of these brands, combining great product and the association with widely-recognized and highly-regarded celebrities, is expected to play an important role in rapidly increasing sales and profitability of our Private Brands division."
About Tarrant Apparel Group
Tarrant Apparel Group serves specialty retailers, mass merchants, national department stores, and branded wholesalers by designing, merchandising, contracting for the manufacture of, and selling casual and well-priced apparel for women, men, and children. Through its subsidiary, Private Brands, Inc., Tarrant designs, markets, and manufactures privately owned brands, including American Rag CIE, and has exclusive license agreements with several celebrity brands such as Jessica Simpson and Beyonce Knowles' House of Dereon.
Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward looking statements in this news release include sales and net income guidance for fiscal 2005 and the anticipated launch of the Jessica Simpson and Beyonce Knowles brands. Factors which could cause actual results to differ materially from these forward-looking statements include a softening of retailer or consumer acceptance of the Company's products, pricing pressures and other competitive factors, continued delays at West Coast ports, the unanticipated loss of a major customer, delays in the launch of new private brands, and the inability to raise additional capital necessary to support anticipated growth. These and other risks are more fully described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
--------------------------------------------------------------------------------
Contact:
CEOcast, Inc. for Tarrant Apparel
Ed Lewis, 212-732-4300
--------------------------------------------------------------------------------
Source: Tarrant Apparel Group
WEX getting attractive again near $5. The IBD crowd pushed this one to the $7's after a blowout Q2 report. Company had Q2 fully-taxed earnings of .16/share on a 22% rise in revenues. But there was some cause for concern. Biggest customer will be adding additional suppliers in mid-2006. Backlog was down sequentially. And on the CC, the CEO said gross margins were likely to decline from Q2 levels.
That said, there have been some positive developments recently, including the announcement of a couple of new customers:
http://biz.yahoo.com/prnews/050825/clth504.html?.v=11
http://biz.yahoo.com/prnews/050913/latu013.html?.v=24
According to the 8/25/05 deal with DFIB, WEX received $1.8M in initial purchase orders. $600K had already shipped, which should give Q3 revenues a nice boost.
According to the 9/13/05 PR, WEX received initial purchase orders of $4.5M, with some revenue from this agreement to be recognized in Q3.
There was also the $4.5M extension order from Select Comfort announced back on 4/20/05. This order was to be filled over 8 months, which means Q3 could see the greatest benefit.
WEX announced some new environmental sensor products on 7/28/05. Nothing major, but can't be bad for Q3 reults.
http://biz.yahoo.com/prnews/050728/lath019.html?.v=21
Depending on margins, it sounds like Q3 could match (or possibly exceed) the .16/share earned in Q2. If that happens, stock should see another pop. Especially if the company continues to win new customers and lessen their dependence on Select Comfort.
TIII could be a potential hurricane play. In addition to the good Q4 numbers and bullish Q1 guidance announced this morning, also noticed this in the PR:
"The decrease in sales for fiscal 2005 compared to fiscal 2004 was the result of a sharp increase in the need for the Company's products in the first quarter of fiscal 2004, primarily due to the hurricanes that occurred during the summer of calendar 2003."
Of course, they didn't see an increase from the Florida hurricanes last year. So I guess it depends on the location. TIII is based in New York, but I don't remember any big hurricanes hitting that area in the summer of 2003?
DGIX.PK down in the .80's? Didn't think I'd be able to get any below $1 after the surprisingly good Q2 numbers the company posted Friday after the bell.
Q2 after-tax earnings of .05/share vs. .01/share last year. Q2 revenues up 26%. Decent balance sheet with tangible book value around .70, including .14/share in cash.
Kicker is Q2 is not one of their better quarters! Ahead are the company's seasonally stronger Q3 and Q4. They earned .06/share in each quarter last year. From the company's homepage, I saw June was a big month with revenues of $1.6M and net income of $239K. If they can keep that momentum going, DGIX could really post some impressive results in Q3 and Q4. Reduced listing expenses should further pad the bottom line.
Could this company possibly do better on the pink sheets? On the OTC:BB, they never issued PR's. Now that there are no SEC filings, the company has started doing press releases for the first time, and will continue to release quarterly financials. Not sure who's selling today, but this looks like one of the most undervalued pink sheet stocks out there IMO.
Dyna Group International Releases 2nd Quarter Financials
Friday September 16, 5:35 pm ET
NEW BRAUNFELS, Texas--(BUSINESS WIRE)--Sept. 16, 2005--Dyna Group International, Inc. (Pink Sheets:DGIX - News) announced today sales for the 6 months ended June 30, 2005, increased $994,274 or 15.7% as compared to the 6 months ended June 30, 2004, and net profits increased $130,095 or 64.7% as compared to the 6 months ended June 30, 2004.
On September 13, 2005, the Company filed Form 15 Deregistration due to the increasing cost and requirements of compliance with SEC regulations. The Company will continue to release quarterly financial statements. Year end statements will be audited.
Dyna Group International, Inc. will continue to focus on increasing revenues, increasing profits, and building cash for future acquisitions and internal growth.
Dyna Group International, Inc. is a Nevada corporation and conducts all of its business through its wholly owned subsidiary, Great American Products.
Some of the statements in this news release may be forward-looking statements that may involve certain risks and uncertainties. Investors and others are cautioned that the forward-looking statements are based on estimates, projections, beliefs, and assumptions of management and are not guarantees of future performance.
2nd quarter ended 6 months ended
June 30 June 30
------------------------ --------------------- ---------------------
2005 2004 2005 2004
------------------------ ---------- ---------- ---------- ----------
Revenues 4,094,810 3,259,415 7,315,487 6,321,213
------------------------ ---------- ---------- ---------- ----------
Operating Income (loss) 525,320 139,556 474,646 302,067
------------------------ ---------- ---------- ---------- ----------
Income Tax 156,853 45,685 143,495 100,939
------------------------ ---------- ---------- ---------- ----------
Net Income (loss) 368,460 93,871 331,151 201,056
------------------------ ---------- ---------- ---------- ----------
Earnings per share .05 .01 .04 .03
------------------------ ---------- ---------- ---------- ----------
--------------------------------------------------------------------------------
Contact:
Dyna Group International, Inc., New Braunfels
Sandra Tristan or Roger Tuttle, 830-620-4400
www.gap1.com
--------------------------------------------------------------------------------
Source: Dyna Group International, Inc.
larry, re TIII
I re-bought some shares this morning. Surprised it isn't up even more as this was an impressive report.
Q4 earnings of .05/share vs. .01/share last year. Q4 revenues up 21%. Seasonal business, but their best quarter is fiscal Q1. And with only 2 weeks to go, CEO said it was a strong quarter. Could be looking at Q1 earnings of .08+/share, which would be a nice comp vs. last year.
Solid balance sheet with tangible book value of $1.31, including .35/share in cash.
For a low float Nasdaq stock, looks good in the $1.70's. Could see a pop over $2 if Q1 numbers are indeed strong.
Jim, re CNU
Looks like Q4 included a $2.5M gain on debt extinguishment and a $7.2M tax benefit. After subtracting those 1-time items, Q4 earnings were only .03/share.
tbone, re IEHC JMIH
IEHC still looks undervalued based on the impressive results last quarter. But the stock has already had a heck of a run...more than quadrupling during the last 2 months. Plus I'm not sure if they can sustain the .10/share earned last quarter. I took profits and am looking to get back in on a dip.
I think JMIH will report a solid Q4 next month. Hopefully earnings of .015/share, which would give them .05/share for the year (excluding the loan guarantee charge in Q2). Reasons for optimism include the CFO being quoted on the last day of fiscal Q4 as saying they needed the additional capacity because production was sold out for months and months. There was also an upbeat comment from the president in the last earnings PR...that they would be in full production on their new 38' model halfway through Q4. Maybe the stock will pop to the .40's next month. But not looking for much more than that until the new facility gets up and running.
From 6/8/05 PR:
Carl Herndon, Jupiter Marine's President, stated, "We have always placed a premium on introducing new and innovative boats that fulfill the desires of our active fishing and cruising customers. In response to customer demand for a boat that is larger than our 31' models, we designed the Jupiter 38', a stylish, yet rugged, model that incorporates the quality performance, features and comforts that Jupiter owners have come to expect. We are pleased to announce that in April 2005, one of our dealers delivered our first Jupiter 38' to a retail owner. We have been receiving steady orders for the vessel since its introduction in February 2005, and expect to be in full production on this model by the middle of the fourth quarter. This runs concurrent with the continued high demand of our existing models, as our order backlog remains strong at approximately six months."
Nice catch on SVLF, Len and Uriah. Looks like Monday morning it'll be on the Amex.
Posted 09/16/2005 02:51 PM EDT
Admitted to Listing
Effective Date: 09/19/2005 09:30 AM EDT
Symbol SVL Issue Name Silverleaf Resorts, Inc
Issue Type Equity Issue Description Common Stock
Par Value $.01 Post 7
Minimum Trade Unit 100 Specialist Clearing Agent PCG 399
Specialist Unit 958 Transfer Agent Mellon Investor Services LLC
Origin Domestic
Comments Transfer from OTCBB (SVLF).
michael, re USOO
I'm long and I don't have an in-depth understanding. There were a couple of interviews on CEOcast that talked about the business model. USOO is paid as a percentage of revenue from the independent truckers. So if their revenues are going up as a result of higher fuel surcharges, it should also mean higher revenue for USOO.
I'm less sure about the bottom line. I actually emailed the CEO last month asking why Q2 margins were lower than Q1. This was his response:
harry
generally fuel costs don't directly affect our bottom line since the indepent contractors who haul the freight bear the fuel cost. over the long term if we can't get customers to pay fuel surcharges then the contractors will leave which will ultimately affect our revenue streams.
from mid 2003 to mid 2004 our margins did not hold up because of some startup costs and some subsidiaries not performing as they should have. we got that corrected towards the last six months in 2004.
i believe 2nd quarter expenses where higher than 1st quarter for a number of reasons which caused the margins to deteriate somewhat.
i appreciate your interest, support and investment in our company.
best regards
michael kibler
Picking up more SVLF.OB. Can't believe people are so impatient that they can't wait a few days for the official Amex listing PR? What's the downside at $1.72...stock goes back to where it was before the listing news on the Amex site...all the way back to $1.65?? Seems like a VERY favorable risk/reward situation to me. When the stock moves to the Amex and more investors see the fully-taxed earnings of .11/share last quarter, I think the stock could climb 50%+ from here by yearend.
Zen, re USOO
Increased fuel surcharges should ensure a strong revenue quarter in Q3. Probably higher than the record revenues in Q2. Not sure what to expect from margins. Hopefully Q2 was not the beginning of a trend, and margins will return to levels seen in Q4 and Q1. Katrina may also have a negative impact. YELL warned, too. But there's not a lot baked into USOO at these prices IMO.
gilead, re SPOR
I'll say it's running. High of $7.50!?! Impressive Q4 earnings of .23/share. But Q4 has been their high revenue quarter for the last few years. Last 10K said Q3 and Q4 are their seasonally strongest quarters. Will be interesting to see how they do in Q1.
Seasonal Nature of Business
Fashion apparel sales in golf professional shops tend to be seasonal in nature, with disproportionately higher sales occurring in spring and summer months. Accordingly, Sport-Haley's sales are disproportionately higher from January through June, which are the Company's third and fourth quarters of each fiscal year, than sales from July to December, which are the Company's first and second fiscal quarters. Sport-Haley continues to seek to reduce the impact of seasonal revenues by attempting to increase sales in other markets, such as the corporate and international markets.
USOO 1.05 X 1.06. Not many companies at this price with earnings of .043/share last quarter. And that was an off quarter! A slight improvement in the Q3 bottom line should produce earnings of .05-.07/share. Stock could see a big pop from here if that happens.
Knowledge, great alert on MAJRE yesterday! Just missed getting some shares at the close. Then the stock gapped over my orders this morning. Even with the seasonality and company's past disappointments, stock could be headed higher with such monster Q2 numbers.
GMOS up a little on positive news this morning. This might be why management was anticipating even stronger financial results in the last earnings PR...even better than the .10/share earned in Q2. Still think this stock is a heck of a bargain in the 1.20's.
Giant Motorsports Adds 40,000 Square Feet to Salem, Ohio Store
Thursday September 15, 9:00 am ET
SALEM, Ohio, Sept. 15 /PRNewswire-FirstCall/ -- Giant Motorsports, Inc. (OTC Bulletin Board: GMOS - News), implementing a national roll up strategy with a "big box" destination business model in the motorcycle and powersports industry, announced today the completion of a 40,000 square foot addition to its Salem Ohio powersports store. "With the addition of this new space we will now have a 75,000 square foot facility. This new state-of-the-art superstore will provide our customers with an unprecedented selection of motorcycles, all-terrain-vehicles (ATV) and scooters," said President, Greg Haehn. The recent Salem expansion combined with the new Chicago facility (95,000 square feet) equals a total of 170,000 square feet of retail space.
"In 1998, we began testing our destination model in our Salem Ohio store. We renovated and expanded the showroom enabling us to display a wider selection of inventory of bikes, ATV's and more parts and accessories. Sales grew from $7.8 million in 1998 to sales of $46 million in 2003 which validated our business model and led us to the acquisition of Chicago Cycle. In order to maintain the Salem store's growth rate, last year we decided to add 40,000 square feet to the existing facility, creating one of the largest powersports dealerships in Ohio," stated Mr. Haehn.
"The recent expansions of the Salem, Ohio and Chicago stores demonstrate our strong commitment to our business model. We maintain our continued enthusiasm for the future of the powersports industry," said Mr. Haehn.
Giant Motorsports is a destination retailer for motorcycles, all-terrain- vehicles (ATVs) and motor scooters. Through implementation of a business strategy based on a regional "big-box" retailer model, Giant believes it has become a leading multi-brand motorsports retailer in the United States. The Company is attempting to leverage revenue and earnings growth through accretive acquisitions in new regions, through internal growth, and through utilization of rollup and consolidation strategies in the fragmented powersports national dealer environment. The Company has two wholly-owned subsidiaries, W.W. Cycles dba Andrews Cycles and Chicago Cycle, Inc dba Chicago Cycles. More information is located at http://www.andrewscycles.com, http://www.chicagocycle.com or http://www.giantcorporate.com.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: sales of its motorcycle and powersports products; the implementation and expansion of Giant Motorsports business strategies; competition and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in Giant's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with Giant's periodic filings with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Giant undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
--------------------------------------------------------------------------------
Source: Giant Motorsports, Inc.
TFN had a big quarter with earnings of .04/share. But doesn't look sustainable at all. They had a monster June in terms of loan production. August was significantly lower. Still could be some upside here at .55. Company reducing their breakeven point, expanding to the Midwest with mortgage originations starting in September, and they have .38+/share in cash on the balance sheet.
Transnational Financial Network Reports First Quarter Results
Wednesday September 14, 5:08 pm ET
Opening of New Wholesale Origination Office in the Mid-West Represents First Major Expansion Outside of California - Arizona Region
SAN FRANCISCO--(BUSINESS WIRE)--Sept. 14, 2005--Transnational Financial Network, Inc. (AMEX:TFN - News), a wholesale and retail mortgage banking company, has reported financial results for its first fiscal quarter, ending July 31st, 2005. Net Income was $266,152, or $0.04 per share, compared to a loss of $342,327 or $0.05 per share, in the same quarter of the prior fiscal year.
Joseph Kristul, Chairman and CEO, commented: "I am pleased to report that we have continued the improvements in our operating results that began last year, culminating in the solid profitability of our recently reported results. I would particularly like to draw attention the following:
"On a cash flow basis, we generated $226,000 in cash from income statement-related operations in the quarter, a material improvement from our near break-even level in our last quarter.
"Our operating break-even level continues to decline. Whereas a year ago, we needed approximately $42-44 million in monthly wholesale originations to break even on an operating cash flow basis (excluding changes to balance sheet items), this figure is now down to about $33-35 million. Aside from strict cost controls, this improvement is principally from our improved gain on sale margin, discussed at length in our financial filings with the SEC.
"We ended the quarter with $4.4 million of cash on hand, or $0.65 per common share outstanding.
"In August, we opened a wholesale origination office in the Midwest, and we expect to see mortgages originated out of this office beginning in September. This represents our first major foray into the Midwest and an expansion beyond our traditional California - Arizona region.
"Concurrent with this press release, we have filed our Form 10-QSB with the Securities and Exchange Commission. In this, we discuss in depth our recent operating results, and I urge our investors to read it. It can be found at: http://www.sec.gov."
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
For full details, click here: http://www.investorideas.com/Companies/Transnational/NewsReleases.asp
TRANSNATIONAL FINANCIAL NETWORK, INC.
STATEMENTS OF OPERATIONS
For the Quarters Ended July 31, 2005 and 2004
2005 2004
----------- ----------
Revenue:
Net gain on sale of loans $1,967,973 $945,241
Production income 1,494,851 1,358,721
Other income 20,283 29,525
----------- ----------
Total Revenue 3,483,107 2,333,487
----------- ----------
Direct Expenses:
Commissions and production incentives 1,043,754 826,879
Production 208,780 154,456
Early loan payoff penalties 15,000 3,500
Pairoff fees - 1,500
----------- ----------
Total direct expenses 1,267,534 986,335
----------- ----------
Interest income (expense):
Interest income from loans in warehouse 486,744 251,987
Interest expense on loans in warehouse (405,740) (179,417)
Warehouse transactions fees (45,475) -
----------- ----------
Net warehouse interest income (expense) 35,529 72,570
Interest expense on subordinated debt (87,081) (59,314)
----------- ----------
Net interest income (expense) (51,552) 13,256
----------- ----------
Gross profit on mortgage activities 2,164,022 1,360,408
Indirect expenses:
Salaries and benefits 1,118,796 950,609
General and administrative 586,277 559,461
Occupancy 174,641 173,809
Depreciation and amortization 18,156 18,856
----------- ----------
Total indirect expenses 1,897,870 1,702,735
----------- ----------
Operating (loss) income 266,152 (342,327)
----------- ----------
Income tax provision (benefit) - -
Net (loss) income $266,152 $(342,327)
=========== ==========
Basic net (loss) income per share $0.04 $(0.05)
Fully diluted (loss) income per share $0.04 $(0.05)
--------------------------------------------------------------------------------
Contact:
Transnational Financial Network, Inc.
Joseph Kristul, 415-242-8840 (CEO)
http://www.transnational.com
or
ECON Investor Relations, Inc.
Dawn Van Zant, 866-730-1152
dvanzant@investorideas.com
--------------------------------------------------------------------------------
Source: Transnational Financial Network, Inc.
yield, re COLL.PK
Excellent Q3 numbers, but there is significant seasonality here. Looks like Q1 and Q2 are usually breakeven to a tiny profit.
Stock getting a nice pop today. Guess I should have bought some at the open.
abh3vt, re CNTF
Usually I stay away from recent IPO's (especially one based on China), but the numbers on this one look really good. Something strange with their SEC filings, though. Couldn't find the Q2 financials? Makes it tough to research.
gilead, re PDGE
I think the reason the share count will be going up is because the stock price is now much higher (and I'm assuming it will stay elevated through the end of Q3 on 10/31/05). That $5.5M worth of preferred stock is convertible at $1. Plus there are many warrants and options below the current price. Figuring out these calculations is not my strong suit, so I'm not sure what the exact number will be.
gilead, re PDGE
I didn't crunch the numbers as meticulously as you did. Was just trying to ballpark 2 months contribution from Flagship plus a few weeks of Katrina, then taxing the earnings at 40%, and dividing by an elevated share count (possibly 20M shares O/S). Maybe earnings will be higher than .05/share, but my main point was that even a blowout quarter will be an unfavorable comp to the .09/share earned in the year ago Q3.
Great work Uriah and larry! Buying SVLF as Amex listing news not out yet. With fully-taxed earnings of .11/share last quarter and tangibe book value of $2.78, this stock could be headed MUCH higher after it's listed. Maybe not another AOB, but $2's look like a good bet.
ron, re PDGE
I thought the numbers were about as expected. Q2 fully-taxed earnings of .025/share. Comp doesn't look that great because earnings were untaxed last year. With the huge run the stock has had the last 2 weeks, I'm kind of surprised the stock isn't down a little more today. Not exactly cheap at $1.88 with earnings of .025/share and revenues up 8% last quarter.
Obviously people are betting on a big boost from Katrina. I think the problem is that even though Q3 could be a lot better than Q2, they've got an impossible comp vs. last year. Tax issue going to hurt them, plus shares O/S will rise significantly (especially if the stock stays near $2). I think they'll be lucky to post 10% revenue growth in Q3, with fully-taxed earnings of .05/share vs. untaxed earnings of .09/share last year.
At these prices, I don't see much appeal here from a fundamentals standpoint. But stock could certainly continue higher on Katrina hype.
Livin, re SOYO
Not really my kind of stock. They had a loss from operations last quarter. Revenues were down. With 47M+ shares O/S, will be tough for them to post quarterly earnings of more than .01/share.
Nice GMOS post by Chris Forte on the MK:
http://www.siliconinvestor.com/readmsg.aspx?msgid=21699961
wade, re PDEX
I was surprised to see it pop to the $3.80's this morning. Stock seems to be getting a lot of airplay on various boards. Guess I should have held some shares, but I was slightly disappointed by the fiscal 2006 guidance and didn't think Q1 would be as good as they originally thought in the July PR. Back then, they said Q1 would look like Q4. But on the Q4 CC, I got the impression that Q1 would be down from Q4. Revenues around $4M will look favorable vs. last year, but my guess is Q1 earnings will be around .05/share...unchanged from last year.
jjkool, re WTRS
Nice quarter. But if I remember correctly, there is some seasonality here with Q4 being one of their better quarters. Who knows what the low float traders will do with it, though.
ron, re AFPC
Stock should be getting hammered. Huge run in recent months and Q4 was disappointing. Looks like Q4 earnings were only .02/share before the tax benefit. And there may not be much to look forward to short-term as fiscal Q1 is their seasonally weak quarter. I'd sell it over $2.
larry, re SODI
Nice catch! SODI being spammed all over Yahoo has certainly played a part in the recent rocket ride. Stock is still very undervalued based on earnings last quarter and cash position, so it'll be interesting to see how high it runs.
Knowledge, re HSPRE
Still scratching my head. Q2 was pretty decent with earnings of .006/share. With such a long 10Q delay, I was fearing a big loss. Also relieved that the company will lose the "E" and won't be delisted to the pinks next week.
With the rain delays now behind them, Q3 and Q4 should be better than Q2. Although the 10Q mentioned local home builders having some trouble purchasing lots. I liked the part about the new Open Joists product.
Purchasing the film library is puzzling. Reducing their dependency on the housing market seems like a prudent move...but not sure how they arrived at licensing movies? They're only paying 2.5M shares up front. As you noted...in 2 years, they'll face significant dilution if the stock price isn't a lot higher. I guess it gives them extra incentive to get the stock price to $2.
Stock has already been battered. I'm holding since I think they'll have a good Q3, plus they've got an easy bottom line comp. Q3 earnings of .01/share vs. a loss could send the stock back to .30.
Not sure what to expect from the new film library. Hopefully management knows what they're doing (gulp!). Maybe this is only the first step in adding more businesses to the holding company. Maybe they'll crank up the PR machine and start pumping this thing. Market has gotten really bubbly lately...apparently all you need is a few slick PR's to send a stock flying.
CORG news this morning. No biggie...new COO. But some encouraging comments in the PR.
Still can't believe this stock is around $1.80 with Q2 earnings of .07/share. Q2 revenues up 415%. Second consecutive monster quarter. Bullish guidance. Easy comps coming up. Should be good for a run to mid-high $2's by yearend IMO. If VoIP plays get hot again, maybe higher.
Cordia Corp. ``CORG' Announces Appointment of Kevin Griffo as President & Chief Operating Officer
Tuesday September 13, 8:30 am ET
ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 13, 2005--Cordia Corporation (OTCBB: CORG - News), a communications services provider, announced today the appointment of Kevin Griffo to serve as Cordia's President and Chief Operating Officer.
Mr. Griffo has over 23-years experience in the telecommunications industry. He will oversee the expansion of the domestic consumer and business class phone service, as well as the direct sales effort related to the current international Voice Over Internet Protocol rollout. He comes to Cordia from Talk America Holdings, Inc. (NASDAQ: TALK - News), which offers local and long distance phone services, as well as Internet access services to residential and small business customers in the United States. Mr. Griffo was an Executive Vice President of Local Service, Sales, and Direct Sales during his tenure with TALK. Mr. Griffo also served as President and Chief Operations Officer of Access One Communications for two years, prior to the Company being acquired by TALK.
Kevin Griffo, President of Cordia Corporation stated, "I am eager to join the management team of Cordia. The Company continues to show tremendous growth and profits as they cultivate and develop their core business while planning for the future of telecommunications via their VoIP platform. The foresight of the Company's investments in a Web based infrastructure and in VoIP technology should make us a long-term performer in the industry and position the Company for solid growth."
Joel Dupre, CEO of Cordia Corporation commented, "The hiring of an industry veteran such as Kevin is a key addition to our executive management team and provides the necessary management depth to help us sustain our growth in revenues and build upon the earnings we have established during the past six months. This addition comes in the wake of the Board's appointment of Patrick Freeman to serve as the Company's new Chief Technology Officer and affords the Company with the opportunity to benefit from Mr. Freeman's extensive development and systems background. Patrick has done an extraordinary job serving as President and COO. Going forward he will focus 100% of his efforts on our systems and VoIP development. We believe that the Company's global VoIP opportunities are so large that they require Patrick's undivided attention. We believe that VoIP will revolutionize and redefine communications and we plan on being a leader in that revolution."
About Cordia Corporation
Cordia Corporation develops and provides industry specific applications, solutions and services. Cordia's primary operations are currently concentrated in the telecommunications industry through its operating subsidiary, Cordia Communications Corp. In addition to end-user services, Cordia develops and provides an integrated Web services platform that enables competitive local, long distance and Internet service providers to rapidly introduce and effectively manage integrated offerings of local and long distance services.
This release contains forward-looking statements that involve risks and uncertainties. Cordia's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; Cordia's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which Cordia can operate, access new markets, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements.
--------------------------------------------------------------------------------
Contact:
Cordia Corp
Kevin Griffo, 866-777-7777
kgriffo@cordiacorp.com
Or
Investors:
Alliance Advisors, LLC
Alan Sheinwald, 914-244-0062
asheinwald@allianceadvisors.net
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Source: Cordia Corporation
wade, re URGI
Check my post #21685. Q1 and Q3 are their seasonally weaker quarters. Excluding 1-time items, URGI earned about .12/share in Q1. I think they can do a little better than that in Q3. But it's not going to be a repeat of the .31/share they earned in Q2. Q4 could be a monster, though. Couple of easy comps coming up at least.
Bob, re URGI
Some interesting info on their homepage. If you go to Financial Information, and then Press Releases, and click on the 8/25/05 date...you'll get the notes from the last CC. The very last comment is particularly eye-popping.
Second Quarter Fiscal 2005 versus Second Quarter 2004
The increase in gross profit rate was primarily the result of buying and occupancy expense being 350 basis points less than last year as a percentage of sales, and merchandise margins that were up 290 basis points to last year as a percentage of sales. Buying and occupancy expenses were leveraged by the 15% increase in comparable store sales.
Capital expenditures during the quarter totaled $0.2 million. Depreciation and amortization in the quarter was $3.4 million.
Online sales doubled in the second quarter versus the comparable quarter last year.
Transactions per store increased 25% during the second quarter and 24% during the first half of the year. Spring 2005 was a ten-year record in transactions per store.
Fiscal 2005
The Company estimates that its effective tax rate will be approximately 11% for fiscal 2005, which represents certain state taxes that are not shielded by state NOLs and federal income taxes subject to AMT provisions. As of July 30, 2005, the Company had unutilized federal NOLs in the amount of $24.4 million, which when tax affected yield an asset of $8.3 million. Also as of July 30, 2005, the Company had unutilized state NOLs of approximately $80 million, which when tax affected yield an asset of $6.6 million. Both of these assets have a full valuation allowance set up against them currently.
Trim inventory levels may affect sales for the month of August, however, we also expect a beneficial impact on merchandise margin rates due to lack of old summer clearance inventory.
Depreciation and amortization will be approximately $13 million in 2005.
There is one new store opening currently planned for 2005.
Store closings for 2005 are currently projected to be approximately 15 to 20 stores as part of our ongoing lease maintenance program.
CapEx for 2005 is currently planned to be less than $3 million.
Other
During the past four quarters sales per square foot were $182.
The increase in cash flow is a combination of the operating income, high depreciation, $6 million of lower inventories with a payables number that’s down a couple of million.
Shop@Home sales were approximately $5 million for the first half of the year.
Operating margins in the shop@home business are stronger than in the core retail stores business.
For a dollar per square foot of sales increase we would expect to bring at least $0.40 down to the bottom line.
FSPX trading a little. Building materials stocks have been hot lately and this company had a strong Q2 with fully-taxed earnings of .03/share. Not bad for a stock in the .40's!
DNDT down to .115 X .12. Picked up some more. Positive comments from NSM and TXN this week might bode well for semi sector.
Last quarter stunk, but there were some upbeat comments in the Liquidity section of the 10Q. Already have $6M in orders to ship in Q3 and Q4! Expecting financials results for 2005 to be similar to 2004, which would mean a strong second half of the year. All it would take is earnings of .01/share in Q3 or Q4 to send this one back to the .20's IMO.
From 10Q:
Although sales for the three months ended June 30, 2005 were down from June 30, 2004 by $1,470,274, and sales for the year ended June 30, 2005 compared to the year ended June 30, 2004 were down by $400,714, we currently have booked system orders for approximately 6 million dollars of system sales that management believes will be shipped and delivered during the remainder of 2005. If these systems are shipped and delivered during 2005 and our expenses for the remainder of 2005 are comparable to our expenses during 2004, management believes our financial results for 2005 would be in line with those for 2004, excluding the potential for additional sales being booked this year. In addition, the positive cash flow continuing to be produced by our operating activities, the increased accounts receivable dollars from the upcoming system sales and the funding to be received from the Cornell SEDA (see discussion below in this section) will all help to relieve the strain on our current cash flow.
GMOS perking up to the 1.30's. With earnings of .10/share last quarter and guidance for even better results ahead...I can't believe this stock is under $2.
patent and knowledge, SODI had a huge run the last few days on no news. Selling was an easy decision for a relentless profit taker like me.
The stock is still dirt cheap considering the earnings the past 2 quarters and the large cash position. But I don't know if it will ever get a fair valuation with the scary language in the filings. Plus they don't do PR's. I'm also not that confident in what Q2 will look like next month...could be earnings of .12/share or .02/share.
If the stock keeps moving higher, I won't kick myself for locking in the juicy profits. But I will regret not buying more last week at $1.30!
Wow, SODI hit $2.60 today! And on good volume, too. Not sure who waits for a stock to double in a week on no news, and THEN buys. I guess the crazy momo crowd has found this one. Looks like I sold out too soon. Good luck to those still holding.