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There may be some, but if there are they are not profitable yet in all likelihood- this board bans non profitable stocks.
KTCC still has excess real estate for sale that, when sold, will add $6.5-$7.0 million to the balance sheet (resulting in over $40 MM current assets) and a one-time gain of $.40-$.50. Did CC discusss timing of potential sale?
EMS: I like those stocks but in reverse order SMTX the best
DDDC RECORD sales and earnings next Thursday. Hqas gapped up huge the last 2 reports, reproting before market opens. How many other stocks are growing sales 80% per year in an unlimited market and are profitable with a low float. DDDC will be double digits next year IMO the Vonage IPO has caused temporary incredible buying opportunities in VOIP stocks. DDDC will catch IBAS in earnings soon and IBAS is over $8.
-- Revenues increased 63% year-over-year and 18% sequentially to a record
$10.7 million.
-- Net income increased to a record $88,000 or $0.00 per diluted share.
-- Adjusted EBITDA increased to a record $485,000 or $0.02 per diluted
share.
-- Quarterly cash flow from operations increased to $700,000.
-- Agreement extended with Verizon Communications to provide management
services for Verizon's VoiceWing consumer VoIP service.
deltathree Financial Guidance
For the second quarter of 2006, deltathree expects sequential revenue growth to be within the range of 5% to 10%. deltathree forecasts quarterly net income within the range of $0.01 per share to $0.02 per share, excluding the impact of stock-based compensation expense. The Company expects to record stock-based compensation expense of between $0.00 to 0.01 per share related to Financial Accounting Standard Board (SFAS) No. 123R.
S-8's don't work like that, similar to authorized shares, the S-8 is only the maximum theoretical shares that could be issued- they always file a higher amount to give them flexibility if need be, but the quarterly filing indicates they issued only 2 MM shares for consulting I believe.
Thanks when did KTCC make the IBD list? Again clarification on how the IBD rankings are done appreciated
I think Hedge Funds will move KTCC to double digits a lot faster than people think they pushed SIMC to $13 +. KTCC is a perfect hedge fund stock.. low float but not too small, great company in a red hot sector with great earnings.
Heres what I Love about KTCC:
9 MM float
% of Shares Held by Institutional & Mutual Fund Owners: 38%
% of Float Held by Institutional & Mutual Fund Owners: 44%
Number of Institutions Holding Shares: 19
What is screening process / criteria for stock to make IBD list? Is KTCC a candidate?
GOOD LUCK
$4 target: Good news on SMTX, I realistically think SMTX will post $.10 + based on my earlier DD.
Houston... Houston.. AAGH long overdue for breakout.. best value on the OTC.. A rare fund low float cash flow positive stock with huge growth prospects in hot China sector selling for a dime
AAGH: 7 MM float profitable $.11 China stock:
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.
AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:
1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and AAGH earns a $400,000 quarterly profit or $.02 per share.
With AAGH's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.
2) AAGH's rapid China sales growth will be enhanced by AAGH by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market AAGH's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) AAGH is focusing efforts on China growth through aquisitions and organic growth. AAGH has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.
7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
AAGH reminds of SUWN.OB which went from $.02 to $1.69. AAGH has all the ingredients for an explosive price rise- low float, great financials, China sector.
AAGH: 7 MM float profitable $.11 China stock:
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.
AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:
1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and AAGH earns a $400,000 quarterly profit or $.02 per share.
With AAGH's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.
2) AAGH's rapid China sales growth will be enhanced by AAGH by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market AAGH's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) AAGH is focusing efforts on China growth through aquisitions and organic growth. AAGH has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.
7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
AAGH reminds of SUWN.OB which went from $.02 to $1.69. AAGH has all the ingredients for an explosive price rise- low float, great financials, China sector.
AAGH: 7 MM float profitable $.11 China stock:
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.
AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:
1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and AAGH earns a $400,000 quarterly profit or $.02 per share.
With AAGH's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.
2) AAGH's rapid China sales growth will be enhanced by AAGH by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market AAGH's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) AAGH is focusing efforts on China growth through aquisitions and organic growth. AAGH has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.
7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
AAGH reminds of SUWN.OB which went from $.02 to $1.69. AAGH has all the ingredients for an explosive price rise- low float, great financials, China sector.
KTCC: current momo will take us around $10- $12 IMO
SMTX is NEXT EMS monster trading at 2 X EBITDA
KTCC: EMS sector is the "sweet spot" its booming. Telecom and networking demand exploding thats also showing up in stocks like AVCI
HOTTEST LOW FLOAT NASDAQ MOMENTUM STOCK TODAY AND ALL SUMMER
KTCC announced last week EPS guidance of $.18 - $.20 for Q4 2004.The Q4 EPS guidance does not even include new business in FIVE AREAS:
"During the third quarter, we won new business for programs involving industrial tools, networking equipment, specialty printers, scientific instruments and security surveillance devices which we expect to contribute revenue in the next fiscal year.
Industry PE = 23 KTCC should easily do $1 EPS next year do the math..
KTCC has a 9 MM float, half is owned by institutions
KTCC WILL BE HOTTEST NASDAQ MOMENTUM STOCK. In this market you need EARNINGS + LOW FLOAT + QUALITY
KTCC + 10%. $15 TARGET: Q4 EPS = $.20 does not even include new business in FIVE AREAS
"During the third quarter, we won new business for programs involving industrial tools, networking equipment, specialty printers, scientific instruments and security surveillance devices which we expect to contribute revenue in the next fiscal year. In coming periods, we anticipate that most of the RoHS conversion effort will be behind us and believe Key Tronic is well-positioned to continue to grow profitably and win new business."
SMTX on Toronto 2.75 x 2.90 Cdn thats about $2.45 x $2.55 U.S. Big volume on NASDAQ today finds trying to hold her down
VOIP stocks will EXPLODE next week DDDC IBAS and EGHT all report on same day (Thursday) and will all post double digit sales gains. DDDC as I have said has the lowest PEG ratio on NASDAQ sales growing 80% per year expecting $.02 EPS. The Hedge funds ran DDDC down I think they will run it past $2.50 on record earnings next Thurs only a 17 MM float 12 MM owned by one fund
KTCC is NEXT SIMC $.20 EPS coming Q and SUPER 2007 growth. KTCC has only 9 MM float and half owned by institutions. Q4 results didn't include any of new business wins that will boost 2007 results.
Our stronger than expected growth in the fourth quarter was a result of increased demand from a number of our existing customers in a wide variety of industries," said Jack Oehlke, President and Chief Executive Officer. "While the new business wins during fiscal 2006 did not significantly impact our fourth quarter results, we continue to expect that those new programs will begin contributing revenue in the coming fiscal year
SMTX DD SUMMARY
Trading at 2.3 X trailing EBITDA, SMTX:NASDAQ is the best buy the NASDAQ MARKET based on financial metrics IMO. SMTX operates in the Electronic Manufacturing Services (EMS) Sector, one of bright spots in the technology sector this year.
SMTX has over $250 MILLION in annual sales and trades at a Price/Sales ratio of 0.14 compared to 0.64. http://finance.yahoo.com/q/co?s=SMTX......
If SMTX traded at the Industry average PS ratio it would be a $11 stock.
With a trailing EBITDA of $12.4 million SMTX is trading at a RIDICULOUS 2.3 x annual EBITDA. Most tech companies trade at 12-15 x EBITDA.
SMTX WAS A $100 STOCK IN 2000. The last time SMTX was profitable it reached $8 in 2003. The projected 2006 earnings are MUCH better than in 2003.
Simply put, the EMS sector is on fire. All of SMTX's competitors are reporting doube digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
Virtually every other EMS stock has risen dramatically over the last 6 months (SANM SIMC KTCC) SMTX is a laggard.
SMTX earned $.06 EPS in the Q1 2006, traditionally its weakest quarter. The next quarter should see a minimum of $.10 EPS due to seasonal strength and ramp up of production to meet new customer demand: "As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
SMTX has only 14 Million shares outstanding and a 12 million float. GENERAL ELECTRIC AND MICROSOFT are major holders.
The SMTX CEO John Caldwell is a turnaround legend. He took over GAC.TO around $1.50 and it was recently bought out at $12.
SMTX ($2.40) DD Summary best NASDAQ Buy:
Trading at 2.3 X trailing EBITDA, SMTX:NASDAQ is the best buy the NASDAQ MARKET based on financial metrics IMO. SMTX operates in the Electronic Manufacturing Services (EMS) Sector, one of bright spots in the technology sector this year.
SMTX has over $250 MILLION in annual sales and trades at a Price/Sales ratio of 0.14 compared to 0.64. http://finance.yahoo.com/q/co?s=SMTX......
If SMTX traded at the Industry average PS ratio it would be a $11 stock.
With a trailing EBITDA of $12.4 million SMTX is trading at a RIDICULOUS 2.3 x annual EBITDA. Most tech companies trade at 12-15 x EBITDA.
SMTX WAS A $100 STOCK IN 2000. The last time SMTX was profitable it reached $8 in 2003. The projected 2006 earnings are MUCH better than in 2003.
Simply put, the EMS sector is on fire. All of SMTX's competitors are reporting doube digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
Virtually every other EMS stock has risen dramatically over the last 6 months (SANM SIMC KTCC) SMTX is a laggard.
SMTX earned $.06 EPS in the Q1 2006, traditionally its weakest quarter. The next quarter should see a minimum of $.10 EPS due to seasonal strength and ramp up of production to meet new customer demand: "As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
SMTX has only 14 Million shares outstanding and a 12 million float. GENERAL ELECTRIC AND MICROSOFT are major holders.
The SMTX CEO John Caldwell is a turnaround legend. He took over GAC.TO around $1.50 and it was recently bought out at $12
SMTX Q2 earnings analysis:
SMTX will report Q2 results by the end of July. SMTX will post robust Q2 results for the following reasons:
1)Last quarter was traditionally the weakest for their 3 big customers, EMC/Ingenico/Mars. This quarter should see about 1-3 million extra in revenue from these companies.
2)The deal signed a year ago with Leitch, is ramping up volume (6 million + per quarter as of January 2006). In February, SMTX said the large Telecom production contract with BVC:LSE was ramping to full production during Q1 2006. The other 2 new major new customers procured in late 2005 are ramping up as well. Other smaller contracts signed a year ago may be picking up as well. This should add 2+ million over last quarter.
3) All of SMTX's competitors are reporting double digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
4)CEO quote: As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
5)In the May Q1 Conference Call, the CEO noted a pronounced upturn in SMTX and Industry cycle. The CEO noted the Significant purchase of inventory at the end of the quarter.
6) The following comment was made by the SMTX sales VP in Q4 2005 Conference: "We also broadened our sales team’s geographic coverage, increased the number of sales leads by over 10 fold, and left the year with the healthiest sales funnel the company has seen in a number of years"
7) Go back back and look at last year sales. there was 12% improvement from Q1 to Q2.
I would look AT LEAST 4 - 7 million over last quarter. So about 62-65 sales this quarter and $.10 per share.
In conclusion, SMTX represents a compelling investment opportunity: A profitable technology stock in the robust EMS sector trading at a huge discount to its peers. The disconnect between SMTX's performance and the share price WILL NOT LAST.
SMTX ($2.40) DD Summary best NASDAQ Buy:
Trading at 2.3 X trailing EBITDA, SMTX:NASDAQ is the best buy the NASDAQ MARKET based on financial metrics IMO. SMTX operates in the Electronic Manufacturing Services (EMS) Sector, one of bright spots in the technology sector this year.
SMTX has over $250 MILLION in annual sales and trades at a Price/Sales ratio of 0.14 compared to 0.64. http://finance.yahoo.com/q/co?s=SMTX......
If SMTX traded at the Industry average PS ratio it would be a $11 stock.
With a trailing EBITDA of $12.4 million SMTX is trading at a RIDICULOUS 2.3 x annual EBITDA. Most tech companies trade at 12-15 x EBITDA.
SMTX WAS A $100 STOCK IN 2000. The last time SMTX was profitable it reached $8 in 2003. The projected 2006 earnings are MUCH better than in 2003.
Simply put, the EMS sector is on fire. All of SMTX's competitors are reporting doube digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
Virtually every other EMS stock has risen dramatically over the last 6 months (SANM SIMC KTCC) SMTX is a laggard.
SMTX earned $.06 EPS in the Q1 2006, traditionally its weakest quarter. The next quarter should see a minimum of $.10 EPS due to seasonal strength and ramp up of production to meet new customer demand: "As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
SMTX has only 14 Million shares outstanding and a 12 million float. GENERAL ELECTRIC AND MICROSOFT are major holders.
The SMTX CEO John Caldwell is a turnaround legend. He took over GAC.TO around $1.50 and it was recently bought out at $12
Yes, AAGH is the best OTC I can find.. exposure to hot China and internet markets, small float, good balance sheet, no long term debt, high margins, cash flow positive and profitable going forward.
My favorite NASDAQ play is SMTX trading at a RIDICULOUS 2 X EBITDA
Rawnoc I am not paid subscirber so I couldn't respond privately to your message- glad to offer any help on Ibox
In KTCC SIMC like momo run coming
Yes RONC should get $.10 EPS $4 target
Crazy bear market DDDC sales growing 80% per year profitable record eranings coming trading at 52 week low. DDDC will have sales of $80 million, EPS of $.30 in 2007.
SMTX trading at 2 X EBITDA Only EXCEPTIONAL stocks go up in this market SMTX is the best one to buy now.
CORRECTED AAGH DD HIGHLIGHTS UPDATED JULY 18
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.
AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:
1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and AAGH earns a $400,000 quarterly profit or $.02 per share.
With AAGH's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.
2) AAGH's rapid China sales growth will be enhanced by AAGH by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market AAGH's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) AAGH is focusing efforts on China growth through aquisitions and organic growth. AAGH has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.
7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
AAGH reminds of SUWN.OB which went from $.02 to $1.69. AAGH has all the ingredients for an explosive price rise- low float, great financials, China sector.
AAGH DD HIGHLIGHTS UPDATED JUNE 28
Asia Global Holdings Corporation (AAGH.OB) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason AAGH could be a "dime to dollar" stock in 2006.
AAGH provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. AAGH rose from $.07 to $.21 recently and has filled the gap at $.08. AAGH is going MUCH higher for the following reasons:
1) EARNINGS: In early June AAGH announced that China sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, AAGH should have close to $1 Million is sales this quarter. With historical 80% margins, that would give AAGH $800,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $400,000 quarterly profit or $.02 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.08 - $.10 range.
2) AAGH's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) AAGH has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) AAGH is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)AAGH is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for AAGH. GTEC.OB has a $17 MM market cap and has comparable sales to AAGH. If AAGH even reaches $10 MM market cap it will be a $.50 stock.
7) AAGH has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)AAGH is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
AAGH reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
Actually the trading activity is just what I expect, accumulation for the huge move. I think we will see a GFCI like move to $.35 + when the news hits.
This stock is going to be SO much fun
When it goes 7.8 MM float...
Next LBIX SMTX rose 400% Last August.. SMTX will be on fire again this August- SMTX is in the hottest sector EMS, has a small float and will post blowout earnings.
SMTX is next LBIX
SMTX BLOWOUT earnings coming.
SMTX will report Q2 results by the end of July. SMTX will post robust Q2 results for the following reasons:
1)Last quarter was traditionally the weakest for their 3 big customers, EMC/Ingenico/Mars. This quarter should see about 1-3 million extra in revenue from these companies.
2)The deal signed a year ago with Leitch, is ramping up volume (6 million + per quarter as of January 2006). In February, SMTX said the large Telecom production contract with BVC:LSE was ramping to full production during Q1 2006. The other 2 new major new customers procured in late 2005 are ramping up as well. Other smaller contracts signed a year ago may be picking up as well. This should add 2+ million over last quarter.
3) All of SMTX's competitors are reporting double digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
4)CEO quote: As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
5)In the May Q1 Conference Call, the CEO noted a pronounced upturn in SMTX and Industry cycle. The CEO noted the Significant purchase of inventory at the end of the quarter.
6) The following comment was made by the SMTX sales VP in Q4 2005 Conference: "We also broadened our sales team’s geographic coverage, increased the number of sales leads by over 10 fold, and left the year with the healthiest sales funnel the company has seen in a number of years"
7) Go back back and look at last year sales. there was 12% improvement from Q1 to Q2.
I would look AT LEAST 4 - 7 million over last quarter. So about 62-65 sales this quarter and $.10 per share.
SMTX best NASDAQ buy at 2.3 X EBITDA
Trading at 2.3 X trailing EBITDA, SMTX:NASDAQ is the best buy the NASDAQ MARKET based on financial metrics IMO. SMTX operates in the Electronic Manufacturing Services (EMS) Sector, one of bright spots in the technology sector this year.
SMTX has over $250 MILLION in annual sales and trades at a Price/Sales ratio of 0.14 compared to 0.64. http://finance.yahoo.com/q/co?s=SMTX......
If SMTX traded at the Industry average PS ratio it would be a $11 stock.
With a trailing EBITDA of $12.4 million SMTX is trading at a RIDICULOUS 2.3 x annual EBITDA. Most tech companies trade at 12-15 x EBITDA.
SMTX WAS A $100 STOCK IN 2000. The last time SMTX was profitable it reached $8 in 2003. The projected 2006 earnings are MUCH better than in 2003.
Simply put, the EMS sector is on fire. All of SMTX's competitors are reporting doube digit sales gains robust profits due to rebounds in the telecom, networking and computing sectors.
Virtually every other EMS stock has risen dramatically over the last 6 months (SANM SIMC KTCC) SMTX is a laggard.
SMTX earned $.06 EPS in the Q1 2006, traditionally its weakest quarter. The next quarter should see a minimum of $.10 EPS due to seasonal strength and ramp up of production to meet new customer demand: "As expected, we utilized approximately $6.0 million in cash to finance our growth and higher level of activity at the end of the quarter", stated Jane Todd, Senior Vice President.
SMTX has only 14 Million shares outstanding and a 12 million float. GENERAL ELECTRIC AND MICROSOFT are major holders.
The SMTX CEO John Caldwell is a turnaround legend. He took over GAC.TO around $1.50 and it was recently bought out at $12.
In conclusion, SMTX represents a compelling investment opportunity: A profitable technology stock in the robust EMS sector trading at a huge discount to its peers. The disconnect between SMTX's performance and the share price WILL NOT LAST.