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NTWK $2.1...10 times average volume...12% gain. Sounds like my PDEX post yesterday..:)
I see $2.5 plus tomorrow
PDEX $3.58..HUGE VOLUME...12% GAIN YESTERDAY...
Great day for PDEX yesterday. Huge volume and a nice steady gain of 12% for the day. Some huge blocks were bought....the largest of 200,000 shares at $2.27!!
http://stockcharts.com/gallery/?pdex
The institutional investors that attended the ROTH Conference last week are starting to buy big time!!
See ya at $5 plus soon.
**** SIGNIFICANT PDEX EVENTS LAST WEEK *****
9/6/2005...PDEX REPORTED RECORD 9c/sh 4Q and 20c/sh FY 2005 NET INCOME. .
9/6/2005...PDEX SEES 2006 NET INCOME of 26 - 30c/share ON 30% REVENUE GROWTH.
9/8/2005...PDEX PRESENTED AT ROTH CAPITAL INVESTORS' CONFERENCE.
Great PDEX presentation at the Roth Capital Partners Investors' Conference yesterday. What impressed me the most was slide 22 of the presentation. This slide shows the incredible turnaround starting in 2002 when it lost money, and the steady increase in earnings year after year. Specifically, in 2003 the company earned 2c/share, 13c/share in 2004, 20c/share in 2005....and a conservative 26 - 30c/share in 2006 per the guidance given on 9/6/05 (presentation at website www pro-dex com):
Slide 22 also shows the steady upwards trend in revenue growth with a temporary flatening of the curve in 2005. Keep in mind that PDEX exited high-revenue low-margin ventures during the year. 2005 closed with a record 51.2% gross margin.
Another impressive fact is that the projected 26 - 30c/share is fully taxed!!
Most profitable microcaps use loss carry-forwards that inflate their real net income. Not PDEX!
Furthermore, the 26 - 30c/share fully-taxed net income is conservative because it does not include any potential revenues from: 1) current project-development work, 2) any acreetive income from potential acquisitions, and 3) royalty income which is certainly coming from its ozone-generator project.
Rest assured that the big-pocketed institutional investors that attended the Roth Conference today will invest heavily on this undiscovered gem. The last time they presented at Roth, the pps gained over 70% at an steady clip over a period of about a month.
Don't forget that PDEX will release big 1Q 2006 results in about a month!!
***ON TUESDAY, SEPTEMBER 6, 2005 AH, PDEX REPORTED RECORD 4Q NET INCOME AND STRONG OVERALL 2005 RESULTS...IT ALSO GAVE A FANTASTIC GUIDANCE FORWARD:
** RECORD 4Q 2005 NET INCOME OF 9c/SHARE and FY 2005 NET INCOME OF 19c/SHARE!!
** PDEX PREDICTS 26 - 30c/SHARE NET INCOME IN 2006
** PDEX SEES 20 - 30% REVENUE GROWTH for 2006!!
** PDEX ENDED THE YEAR WITH $2.6M IN CASH AND ZERO DEBT!!
** RECORD FULL-YEAR GROSS MARGIN OF 51.2% IN 2005!!
** RECORD BACKLOG AT THE END OF 2005 !!
***** 9/6/2005 EARNINGS HIGHLIGHTS:
- Record 4Q net income of 9c/share. Compared to 5c/share in the prior year and 3c/share the prior quarter.
- 4Q Revenues of $4.4M. Up 19% over prior year, and 35% over the previous quarter.
- Net Income OF 9c/share Up 112% for the Quarter, 65% for the Year
- 2005 Gross Margin of 52%, up from 48% the prior year.
- 2005 net income of 20c/share compared to 13c/share in 2004, and 2c/share in 2003.
- Order backlog at the end of 2005 of $7.9 million compared to $5.1 million at the end of 2004.
- Backlog of $7.9M an increase of 52% over the $5.1M backlog at the end of 2004.
- Cash and cash equivalents of over $3M with ZERO debt!!
***** 9/6/2005 GUIDANCE HIGHLIGHTSs:
- 26 - 30c/share net income for FY 2006
- $16 - $18M revenues for a 20 to 30% Revenue growth for YF 2006
- 50% revenue growth for 1Q 2006 to little over $4M. This corresponds to 6c to 8c/share net income. 1Q 2006 results will be announced next month (this per the CC).
PDEX has a flat cost structure that is leveraged for highly profitable revenue growth. PDEX is truly an undiscovered gem.....but not for long.
TARGET: $5 PLUS WITHIN 2 MONTHS
ALWAYS DO YOUR DD
NTWK $1.8....HUGE EARNINGS ALERT. EARNINGS/CC TOMORROW.
Low floater Netsol Technologies Inc. (Nasdaq: NTWK) will report strong earnings/growth on Wednesday, September 14, 2005.
**** Here is a preview of what to expect:
- 2005 Revenues of over $11 million or about 93% growth compared to $5.7 million recorded in 2005. Guidance was $9 to $10 million in revenues for 2005.
- Profitable 4Q 2005. The fourth consecutive profitable quarter.
- Profitable 2005 compared to a loss of over 30c/share in 2004.
- A strong balance sheet with an over 100% increase in shareholder value in the last 12 months.
- Highlights of a successul IPO of one of its subsidiaries in the Karachi (Pakistan) Stock market. The IPO raised over $6 million and was the most successful IPO this year.
- A strong guidance with further explosive growth and continued profits.
Most of the above comments were detailed in the company pre-announcement of the year-end results back in July. The pps gained 20% on high volume following the announcement:
http://biz.yahoo.com/iw/050714/090854.html
The financials below show the impressive revenue growth every quarter of 2005:
http://finance.yahoo.com/q/is?s=NTWK
The balance sheet has improved impressibly in the last 12 months:
http://finance.yahoo.com/q/bs?s=NTWK
Netsol has announced several multimillion bollar contracts in recent months as seen on the following link:
http://finance.yahoo.com/q/h?s=NTWK
Finally, NTWK's IPO of one of its subsidiaries in the Karachi Stock Exchange, was an unprecedented sucess. Ironically, the IPO which represents about 27% of the company has a current market cap of over $20 million US dollars...almost as much as the market value of the company trading in the Nasdaq exchange!!
http://biz.yahoo.com/iw/050826/093977.html
ABOUT NTWK:
NetSol Technologies, Inc. engages in the design, development, marketing, and exporting of software products to customers in the automobile finance and leasing industry worldwide. It also provides consulting services. The company offers various products, including leasing and finance systems; treasury and banking systems; and knowledge and content management systems. The Pakistan Goverment is one of Netsol's largest customers.
Netsol also provides an array of professional services, such as outsourcing, reengineering, systems integration, customized IT solutions, project/program management, and IT management consultancy, as well as other professional services, including e-business solutions.
The company provides its services primarily to the clients in global commercial industries, including automotive, chemical, tiles/ceramics, Internet marketing, software, medical, banks, U.S. higher education and telecommunication associations, and financial services. The company has strategic relationships with DaimlerChrysler Services AG, Intel Corporation, and Maxim Group, LLC. NetSol Technologies was founded in 1997 and is headquartered in Calabasas, California
Great PDEX presentation at the Roth Capital Partners Investors' Conference today. What impressed me the most was slide 22 of the presentation. This slide shows the incredible turnaround starting in 2002 when it lost money, and the steady increase in earnings year after year, ending up with a sensational 2006 when it will likely post net income of about 30c/share:
http://www.wsw.com/webcast/roth6/pdex/
The slide also shows the steady upwards trend in revenue growth with a temporary slight drop in 2005. It should be noted that the revenue drop was because PDEX exited high-revenue low-margin ventures during the year. Despite the slight revenue drop, the gross and net profit increased drastically because ot the steady gain in gross margins ending 2005 with a reciord high 51.2%.
Another impressive fact is that the projected 26 - 30c/share is fully taxed!!
Most profitable microcaps use loss carry-forwards that inflate their real net income. Not PDEX!
Furthermore, the 26 - 30c/share fully-taxed net income is conservative because it does not include any potential revenues from: 1) current project-development work, 2) any acreetive income from potential acquisitions, and 3) royalty income which is certainly coming from its ozone-generator project.
Rest assured that the big-pocketed institutional investors that attended the Roth Conference today will invest heavily on this undiscovered gem. The last time they presented at Roth, the pps gained over 70% at an steady clip over a period of about a month.
Don't forget that PDEX will release big 1Q 2006 results in about a month!!
***ON TUESDAY, SEPTEMBER 6, 2005 AH, PDEX REPORTED RECORD 4Q NET INCOME AND STRONG OVERALL 2005 RESULTS...IT ALSO GAVE A FANTASTIC GUIDANCE FORWARD:
** RECORD 4Q 2005 NET INCOME OF 9c/SHARE and FY 2005 NET INCOME OF 19c/SHARE!!
** PDEX PREDICTS 26 - 30c/SHARE NET INCOME IN 2006
** PDEX SEES 20 - 30% REVENUE GROWTH for 2006!!
** PDEX ENDED THE YEAR WITH $2.6M IN CASH AND ZERO DEBT!!
** RECORD FULL YESR GROSS MARGIN OF 51.2 IN 2005!!
** RECORD BACKLOG AT THE END OF 2005 !!
***** 9/6/2005 EARNINGS HIGHLIGHTS:
- Record 4Q net income of 9c/share. Compared to 5c/share in the prior year and 3c/share the prior quarter.
- 4Q Revenues of $4.4M. Up 19% over prior year, and 35% over the previous quarter.
- Net Income OF 9c/share Up 112% for the Quarter, 65% for the Year
- 2005 Gross Margin of 52%, up from 48% the prior year.
- 2005 net income of 20c/share compared to 13c/share in 2004, and 2c/share in 2003.
- Order backlog at the end of 2005 of $7.9 million compared to $5.1 million at the end of 2004.
- Backlog of $7.9M an increase of 52% over the $5.1M backlog at the end of 2004.
- Cash and cash equivalents of over $3M with ZERO debt!!
***** 9/6/2005 GUIDANCE HIGHLIGHTSs:
- 26 - 30c/share net income for FY 2006
- $16 - $18M revenues for a 20 to 30% Revenue growth for YF 2006
- 50% revenue growth for 1Q 2006 to little over $4M. This corresponds to 6c to 8c/share net income. 1Q 2006 results will be announced next month (this per the CC).
PDEX has a flat cost structure that is leveraged for highly profitable revenue growth.
ALWAYS DO YOUR DD
Wade. I agree 100% with your analysis.
PDEX had over 4c/share in one-time charges for the 4th quarter if you read the release carefully.
With gross margins going back to the 50% +, 1Q is looking like a 8c/share quarter. Great comp over last year's 1Q. Furthermore 1Q earnings will de reported in only 4 weeks from now.
PDEX $3.25: REPORTED 4Q NET INCOME. SEES HUGE PROFITABLE GROWTH FOR 2006.
RECORD 4Q NET INCOME OF 9c/SHARE!!
20 - 30% REVENUE GROWTH for 2006 !!
OVER 50% NET INCOME GROWTH IN 2006!!
$3M IN CASH AND ZERO DEBT!!
***** EARNINGS HIGHLIGHTS:
- Record 4Q net income of 9c/share. Compared to 5c/share in the prior year and 3c/share the prior quarter.
- 4Q Revenues of $4.4M. Up 19% over prior year, and 35% over the previous quarter.
- Net Income Up 112% for the Quarter, 65% for the Year
- 2005 Gross Margin of 52 - 53%, up from 48% the prior year.
- 2005 net income of 19c/share compared to 13c/share in 2004, and 2c/share in 2003.
- Order backlog at the end of 2005 of $7.9 million compared to $5.1 million at the end of 2004.
- Backlog of $7.9M an increase of 52% over the $5.1M backlog at the end of 2004.
- Cash and cash equivalents of over $3M with ZERO debt!!
***** GUIDANCE HIGHLIGHTSs:
- 26 - 30c/share net income for FY 2006
- $16 - $18M revenues for a 20 to 30% Revenue growth for YF 2006
- 50% revenue growth for 1Q 2006 to little over $4M. This corresponds to 6c to 8c/share net income. 1Q 2006 results will be announced next month (this per the CC).
PDEX is a high-tech and engineering company specializing in product development and manufacturing of special devices for top customers in the medical, dental, semi-comiductor, and facory automation industries.
PDEX business model allows it to minimimize its R&D and SG&A expenses because they are leveraged with customers' funds.
This means that with this flat cost structure, any revenue growth ends up causing a big increase in the bottom line.
PDEX CEO Mr. Johnson said, " In comparing how we finished the fourth quarter this year to last year, all indicators are trending up. Sales were up by 19 percent for the quarter, a pace we expect to continue into the new fiscal year as we have expanded the product mix from which we derive recurring revenue. Gross profit was up for the year by nearly 4 margin points, a trend that bodes well for gross profitability in the coming fiscal year..."
.." Expenses were down despite increases in product development, sales and marketing activities, all drivers of future sales. As a result, operating income was up 36 percent for the quarter and 25 percent for the year, further evidence of a favorable trend."
"In addition, new order bookings were up by $700,000 in the fourth quarter compared to the prior quarter, pushing our total order backlog to $7.9 million at the end of the year, a $2.8 million or 52 percent increase over the end of last year,"
2006 Outlook:
For fiscal 2006, management believes that the Company will achieve sales of $16-18 million and net income of $0.26-0.30 per share.
"This estimate does not include new product launches yet to reach supply agreement negotiation, any potential acquisitions and does not include new royalty payments," Mr. Johnson continued. "This growth is indicative of the work we've done during the past two years: streamlining our corporate operations to reduce expenses and building a portfolio of development projects to produce profitable revenue growth..."
Here the link for the earnings release:
http://biz.yahoo.com/prnews/050906/nytu123c.html?.v=1
ALWAYS DO YOUR DD!!
PDEX and Katrina
Several PDEX customers seem to be poised to benefit from Katrina's after effects. I wonder if there will be a trickle down effect for PDEX. Maybe the CEO will comment about it during the CC AH tomorrow.
Here is what Henry Schein, one of PDEX largest long-term customers had to say about it recently:
http://biz.yahoo.com/bw/050901/15411.html?.v=1
PDEX $3.1 COULD BE A BIG GAINER NEXT WEEK AFTER 9/6 AH EARNINGS
On Tuesday, September 6, 2005 AH, PDEX will announce record net 4Q net income and will give strong guidance forward for 1Q 2006 and full-year 2006. A CC will follow the earnings announcement
PDEX has a float of only 6.5M shares out of 9.3M O/S shares. PDEX has almost $3M in cash and no long-term debt. PDEX has reported 10 consecutive profitable quarters, with the biggest ones coming up in 2006.
**** On July 7, low-floarer PDEX pre-announced the following results for 4Q 2005 and FY 2005:
Record 4Q net income of 7c - 8c/share. Compared to 5c/share in the prior year and 3c/share the prior quarter.
4Q Revenues of $4.4M. Up 19% over prior year and 35% over previous year.
2005 Gross Margin of 52 - 53%, up from 48% the prior year.
2005 net income of 18c/share compared to 13c/share in 2004 and 2c/share in 2003.
Order backlog at the end of 2005 of $7.9 million compared to $5.1 million at the end of 2004.
I believe that the company will give a strong guidance forward for 1Q 2006 and full-year 2006 on September 6. PDEX's CEO has hinted that 1Q 2006 to be announced next month will be very similar to 4Q 2005 in terms or revenue and net income. That is is significant improvement over 1 Q 2005. A good indication of that is the 53% in backlog over 2004. For details listen to the company's presentation to investors at the B. Ryley Conference in New York at the B. Riley Micro Cap Investors Conference. You can find this presentation at the company website http://www.pro-dex.com and specifically at http://www.wsw.com/webcast/brileyco5/pdex/.
PDEX is a high-tech and engineering company specializing in product development and manufacturing of special devices for top customers in the medical, dental, semi-comiductor, and facory automation industries. These customers come to PDEX when they need to launch new products rapidly and efficiently often times to beat customers to market or to provide competing products to protect market share.
This unique business model allows PDEX to minimimize its R&D and SG&A expenses because they are leveraged with customers' funds. In fact, PDEX has decreased its expenses almost every quarter while its revenue has been gradually increasing. PDEX is gaining strong momentum revenue-wise starting in 4Q 2005 and continuing through 2006 and beyond judging by the strong backlog of new projects. This means that 1Q 2006 and FY 2006 will very likely yield record net income. My estimate is for 25c/share to 35c/share for FY 2006.
PDEX will be presenting at Roth's Investors' Conference on August 8....two days after its earnings' release. You can bet they'll have very good things to say about the company's future at that conference.
**** Here are pre-announcement excerpts:
Solid Bookings Continue Momentum; Company Expects to Meet Earnings Target of $0.18 Per Share
SANTA ANA, Calif., July 7 /PRNewswire-FirstCall/ -- PRO-DEX, INC. (Nasdaq: PDEX - News) a developer and manufacturer of embedded motion control and miniature rotary drive systems, serving the medical, dental, factory automation, and scientific research markets, today announced that based on preliminary results for the year ended June 30, 2005, the Company expects to report quarterly sales of $4.4 million, an increase of 34.8 percent compared to the prior quarter and an increase of 19 percent compared to the $3.7 million reported during the fourth quarter of last fiscal year. Earnings for the fourth quarter are expected to be $0.07 to $0.08 per share compared to $0.05 per share for the year ago period..."
..."we shipped $2.3 million in aggregate during the month of June and a result of this increased momentum.."
.."The Company expects to report gross margins for the year-end of approximately 52 to 53 percent, a substantial improvement from the 47.9 percent reported at the end of fiscal year 2004. The Company also completed the quarter with $7.9 million in backlog compared to $5.1 million at the end of last fiscal year, an increase of 55 percent. Of this total backlog, $3.8 million is booked to ship in the first quarter. Pro-Dex ended the quarter with nine active product development projects, five of which are customer funded, representing an estimated $6.5 million in first year revenue, compared to eight projects and $4.0 million last year. Further strengthening its balance sheet, the Company expects to end the year with $2.6 million in cash and remains debt free with $2.0 million available on its existing credit line..."
Addressing the prospects for the new fiscal year, Mr. Johnson continued, "Our strong June performance and solid backlog position provides optimism that the first quarter will closely resemble the fourth quarter, and with a record number of products in our development portfolio, we believe all indicators point toward further revenue growth and operating improvements during fiscal 2006. We look forward to discussing the year's accomplishments in more detail during our conference call in early September, when we will provide sales and earnings guidance for fiscal year 2006."
ABOUT PDEX ...
Pro-Dex Inc., (Nasdaq: PDEX) with operations in Santa Ana, California and Beaverton, Oregon, specializes in bringing speed to market in the development and manufacture of technology-based solutions that incorporate embedded motion control and miniature rotary drive systems, serving the medical, dental, semi-conductor, and scientific research markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.
This one will fly soon.....DO YOUR DD!!
PDEX $3.08 up 14c. Chart is looking great:
http://stockcharts.com/gallery/?pdex
Hweb2. Re. PDEX. I agree 100% with your comments. There are a few no-brainers out there, and PDEX is one of them under $4.
PDEX $2.9 WILL REPORT RECORD 8c/sh NET INCOME for 4Q 2005 and 18c/sh for FY 2005. GUIDANCE FOR 1Q 2006 AND FY 2006 WILL BE VERY STRONG (30%+ GROWTH).
PDEX HAS POSTED 10 CONSECUTIVE PROFITABLE QUARTERS.
$3M CASH ...NO LONG TERM DEBT.
ONLY 6.5M SHARE FLOAT.
TARGET: $5 ++
PDEX will report record earnings for 4Q and full year on September 6. The company will also provide strong guidance for 1Q and FY 2006. These estimates are from the company preannouncement released on July 7, 2005 and from comments by the company's CEO at an investor's conference on August 11, 2005. Here is the preannouncement:
Solid Bookings Continue Momentum; Company Expects to Meet Earnings Target of $0.18 Per Share
SANTA ANA, Calif., July 7 /PRNewswire-FirstCall/ -- PRO-DEX, INC. (Nasdaq: PDEX - News) a developer and manufacturer of embedded motion control and miniature rotary drive systems, serving the medical, dental, factory automation, and scientific research markets, today announced that based on preliminary results for the year ended June 30, 2005, the Company expects to report quarterly sales of $4.4 million, an increase of 34.8 percent compared to the prior quarter and an increase of 19 percent compared to the $3.7 million reported during the fourth quarter of last fiscal year. Earnings for the fourth quarter are expected to be $0.07 to $0.08 per share compared to $0.05 per share for the year ago period..."
..."we shipped $2.3 million in aggregate during the month of June and a result of this increased momentum.."
.."The Company expects to report gross margins for the year-end of approximately 52 to 53 percent, a substantial improvement from the 47.9 percent reported at the end of fiscal year 2004. The Company also completed the quarter with $7.9 million in backlog compared to $5.1 million at the end of last fiscal year, an increase of 55 percent. Of this total backlog, $3.8 million is booked to ship in the first quarter. Pro-Dex ended the quarter with nine active product development projects, five of which are customer funded, representing an estimated $6.5 million in first year revenue, compared to eight projects and $4.0 million last year. Further strengthening its balance sheet, the Company expects to end the year with $2.6 million in cash and remains debt free with $2.0 million available on its existing credit line..."
Addressing the prospects for the new fiscal year, Mr. Johnson continued, "Our strong June performance and solid backlog position provides optimism that the first quarter will closely resemble the fourth quarter, and with a record number of products in our development portfolio, we believe all indicators point toward further revenue growth and operating improvements during fiscal 2006. We look forward to discussing the year's accomplishments in more detail during our conference call in early September, when we will provide sales and earnings guidance for fiscal year 2006."
PDEX will Present at Roth Capital Partners New York Conference on September 8, 2005:
http://biz.yahoo.com/prnews/050825/lath005.html?.v=20
Key Paragraph:
CEO Johnson..."will also expand on the Company's fourth quarter and fiscal 2005 financial results, as well as 2006 business outlook, both of which are scheduled to be disseminated in a press release and conference call on September 6.."
You can read between the lines, but the bottom line is that PDEX is poised for solid growth and this is a great entry opportunity for value-seeking investors.
ABOUT PDEX ...
Pro-Dex Inc., (Nasdaq: PDEX) with operations in Santa Ana, California and Beaverton, Oregon, specializes in bringing speed to market in the development and manufacture of technology-based solutions that incorporate embedded motion control and miniature rotary drive systems, serving the medical, dental, semi-conductor, and scientific research markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.
This one will fly soon.....DO YOUR DD!!
EXXA is indeed moving. Last trade $2.2 up 8c. EXXA's chart looks fantastic.
EXXA $2.19 up 7c. Blue Skies Above $2.25. Radar it.
EXXA has the potential to become the next BOOM. Read the recent MONSTER news about this profitable company, with only 4.7 M shares on the float, and currently trading at a ridiculous 0.16 P/S.
http://finance.yahoo.com/q/h?s=exx-a
6/28/05...Fortune Magazine ranks EXXA as No. 1 in revenue growth, and 8th overall, among America's fastest growing companies.
http://www.fortune.com/fortune/fsb100/topperformers
NOTE: The numbers used in the Fortune study do not include last month's $40 million/year DaimlerChrysler contract announcements.
6/17/05. DaimlerChrysler (DCX) awarded a second large multi-year powertrain contract worth about $15M/year in revenues to Newcor Inc., a 99% owned EXXA subsidiary. Full production will begin in the 3rd quarter which already started on July 1.
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
5/9/05. DaimlerChrysler (DCX) awarded a Newcor Subsidiary a contract worth about $25M/year in revenues for two new powertrain programs. Production has started in May during the 2nd quarter ended June 30.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
DaimlerChrysler is now Exx Inc.'s largest customer. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
I expect that EXXA will report several double-digit-income quarters, starting with 2Q 2005 which is coming up shortly. My estimate for FY 2005 is 40 - 50c/year net income on about $150M in revenues. This includes the 4c/net income EXXA reported in 1Q 2005.
My estimate for 2006 is 50 to 80c/share net income on revenues of $160 to $180 million. A wide range because there are a lot of uncertainties.
EXXA's float of 4.7 million shares lends itself for a monster breakout after a monster quarter, or two. EXXA has gained 300% in one day before after a solid quarter at a time when the whole market was down during the height of the Iraq war, and when investor confidence was at an all-time low. This time is different, we are in a bull market, EXXA has gained a lot more visibility since then (the Fortune article, the DCX contracts), the love affair with profitable low-floaters is at an all-time high, and EXXA has cut its long-term debt in half in less than 2 years to little over $20 million.
Having loyal/dependable DaimlerChrysler at the cornerstone of its customer base is a tremendous intangible. People on the industry know that DCX does a tremendous amount of DD before entering into multi-year agreements with outsourcing companies. DCX wants/demands that critical-componet suppliers be in business for a long time. EXXA's Newcor division has been in business for over 30 years.
EXXA has the production capability to produce all the powertrains required by DCX. In fact, EXXA was planning on shutting down some facilities later this year because one of its customers, American AXLE, will start producing some of its components starting in 3Q 2005. This means that EXXA already has the infrastructure to produce the DCX parts. EXXA announced in August of 2004 that the AXLE exit will be gradual throughout 2006. EXXA went down hard after the announcement of the AXLE pullout. The nex DCX business will exceed the AXLE business lost by about 50%. This means that EXXA will be stronger than ever before.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $24MILLION
* INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
MORE ON NEWCOR:
Newcor was founded in 1933 as National Electric Welding Machines Company and changed its name to Newcor in 1969. On January 31, 2003 the company was purchased by Exx Inc. (AMEX: EXX.A.... EXX/A in Scottrade's order entry form).
Newcor, Inc., owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets. a publicly held company traded on the American Stock Exchange under the symbol EXX.A and EXX.B.
Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment. The following link describes some of Bay City Automotive-componet development and production capabilities..http://www.baycity.newcor.com/autocomp.htm
Always do your DD
My NGRU @ 1.05 post here last week lasted an hour before it was pulled out for not meeting the board's criteria. NGRU closed at $1.42 today. Earnings and CC were very good and AH it went up to $1.75. Volume AH was light though, and I don't know if NGRU can sustain more than $1.5/sh without scoring at least one more profitable quarter.
I hope that some of you were able to glance at the post... and became interested enough to buy some shares.
Don't forget about EXXA. That one is about to move big time IMO.
EXXA's DCX Deal Beats CAFE's Deal... by a long mile....yet EXXA is trading at 2.1/share, has a market cap of only $23 M with a float of 4.7 million shares??...hmmm something is wrong with this picture...but not for long.
On a positive note, EXXA will see results of its DCX contracts starting with 2Q 2005 to be reported in about two more weeks. The full-blown benefit of the DCX contract will be realized in Q3 and beyond. You will see unbelievable net incomes possibly in the order of 20c/share/quarter for 3Q and beyond.
EXXA has had a string of significant news recently:
http://finance.yahoo.com/q/h?s=exx-a
6/17/05. DaimlerChrysler (DCX) awarded a second large multi-year powertrain contract worth about $15M/year in revenues to Newcor Inc., a 99% owned EXXA subsidiary. Full production will begin in the 3rd quarter which already started on July 1.
5/9/05. DaimlerChrysler (DCX) awarded a Newcor Subsidiary a contract worth about $25M/year in revenues for two new powertrain programs. Production has started in May during the 2nd quarter ended June 30.
6/28/05...Fortune Magazine ranks EXXA as No. 1 in revenue growth, and 8th overall, among America's fastest growing companies. NOTE: The numbers used in the Fortune study do not include last month's $40 million/year DaimlerChrysler contract announcements.
DaimlerChrysler is now Exx Inc.'s largest customer. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
Exx inc. (AMEX: EXXA or EXX/A or EXX.A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $23MILLION
* INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
MORE ON NEWCOR:
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs, develops, and builds state-of-art welding and forming equipment for automotive applications.
Always do your own DD
EXXA $2.07. SUPER-STRONG EARNINGS ALERT!!
EXXA 2Q 2005 earnings are coming up.... This low-floater will be a huge gainer this year and beyond.
The recent flood of great news from/about a usually "quiet" company have not fueled a big rally, but have have started a solid upwards trend:
http://stockcharts.com/gallery/?exx/a
*** Here are the company news per Yahoo....
http://finance.yahoo.com/q/h?s=exx-a
6/28/05...Fortune Magazine ranks EXXA as No. 1 in revenue growth, and 8th overall, among America's fastest growing companies.
http://www.fortune.com/fortune/fsb100/topperformers
NOTE: The numbers used in the Fortune study do not include last month's $40 million/year DaimlerChrysler contract announcements.
6/17/05. DaimlerChrysler (DCX) awarded a second large multi-year powertrain contract worth about $15M/year in revenues to Newcor Inc., a 99% owned EXXA subsidiary.
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
5/9/05. DaimlerChrysler (DCX) awarded a Newcor Subsidiary a contract worth about $25M/year in revenues for two new powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
DaimlerChrysler is now Exx Inc.'s largest customer. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
Exx inc. (AMEX: EXXA or EXX/A or EXX.A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005 and continuing gradually throughout 2006.
EXXA warned that the loss of business from AXLE would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The three new DCX contracts will exceed the AXLE business lost by about 50%.
EXXA has said that Newcor began production of DCX parts during 2Q 2005. This means that EXXA will likely report improved revenue and net income numbers in 2Q 2005 next month. EXXA should easily exceed the 4c/share reported in 1Q 2005
Revenue and income will likely be much higher in subsequent quarters because there will be an overlap in the production of DCX and AXLE parts. This is because:
--- Newcor has begun manufacturing DCX powertrains in 2Q 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
I expect that EXXA will report over $160M and earn over 40c/share in 2005. 2006 will be a monster year for EXXA IMO.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $23MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
MORE ON NEWCOR:
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD
GIGM $2.6 Up 27C...Huge GIGM jump in price/volume today after poker icon Doyle Brunson launched a $700 million cash bid (100% premium) for WPT Enterprises Inc. (NasdaqNM:WPTE - News), which owns the popular World Poker Tour television show.
GIGM is hot now because of the visibility gained by the highly successful PartyGaming IPO in London recently. The Poker world is going nuts.....literally.
Most of GIGM's profits the last two quarters came form its on-line gaming division. Its Everest Poker is now available in 11 languages and is No. 1 in a few of them according to recent industry reports.
There will be massive sector consolidation according to industry experts. The on-line gaming revenues are expected to go freomabout $8 Billion/year in 2005 to oevr $25 Billion in 2008!!!!
GIGM said in its recent 4Q 2004 CC that 1Q 2005, to be reported in a few days, will be profitable. They should know, 4Q was reported several weeks after 1Q 2005 already ended. This would mark the 3rd consecutive profitable quarter for GIGM.
GIGM financial performance is being fueled by its strong presence in the on-line gaming industry particularly in China and Latin America. You might recall last week's moster PartyGaming IPO in London. PartyGaming validates the entire sector as one of the fastest growing sectors in the world's economy. On-line gaming revenues will increase from $8 billion to over $25 billion in just 3 years...that's phenomenal growth...and GIGM is poised to grow with it.
GIGM HIGHLIGHTS:
* GIGM has recently reported several consecutive profitable quarters and 2004 was the first full year of profitability since the IPO.
Highlights of FY04 Results:
-- Consolidated revenues of US$99.8 million -- Consolidated EBITDA(1) US$9.1 million -- Consolidated net income US$1.7 million
-- Cash and short-term investments at year end of US$47.5 million. NO long-term debt.
Highlights of 4Q04 Results:
-- Consolidated revenues of US$26.6 million -- Consolidated EBITDA(1) of US$2.9 million -- Consolidated net income of US$1.2 million
* Its on-line gaming division contributed most of the profitability and it is expected to continue to grow exponentially.
* GIGM has a market cap of only $106 million and it is trading at low P/S of 1.1.
* The on-line gambling industry is one of the fastest growing industries in the world. PartiGaming, the world's biggest on-line gaimg company had one of the most succssful IPI's in the London exchange history last week, and the biggest in five years.
* GIGM Everest Poker is ranked among the leaders of on-line poker sites in several European, Asian, and Spanish/Portuguese-speaking countries
* GIGM's Everest Poker is ranked No. 1 in Portuguese, No. 2 in Spanish, and in the top 10 in 9 other languages including, English, German, Chinese, and Japanese according to www online casinocity com.
GIGM CEO CC COMMENTS (6/8/05)....
....we are very encouraged about our online entertainment subsidiary, Cambridge Entertainment Software, or CES. In the past year, CES has invested heavily in new gaming products, including both new variations of our traditional gaming offerings, as well as new product lines, such as multiparty poker, under the brand Everest Poker. I think most of you are familiar with the amazing success of online poker in North America. Our strategy is to become a first mover and market leader in Europe and Asia.
....we are happy to announce that Everest Poker is now available in native language offerings in 16 languages... and we are strongly focused on further penetrating the online gaming market through organic growth and....acquisition....
....we believe that the online gaming industry continues to offer significant growth potential. Our entertainment software unit is well-positioned to capitalize on the rapid growth of this market. Our online casino game software is one of the only end-to-end solutions that offers localization in up to 16 languages, and our poker product remains the only poker software available in up to 11 languages.
Online poker has surged in popularity as it pulls in a wider audience than traditional casino gambling -- often including women and younger players who may not have visited casinos. Better broadband access and the convenience of playing at home have also helped the boom.
Do your DD
MRothaus. I really appreciate your comments. Enjoy the fireworks this eve...and let us all have a big bull market from here on.
Lentinman. I appreciate your fair opinion in regards to "spamming." I am a value investor and I like to share my picks with others. There are others that copy my posts but I can not control that. I believe that no matter how much a person "spams" or touts a stock..if the stock does not have strong fundamentals...it will go nowhere.
I am very passionate about about my picks, and I understand that my style may touch a nerve on the more conservative investors on this board. All I can do is to ask them to either have an open mind, or just to ignore my posts.
I am very interesting indeed. BTW, keep your eyes open for my Tuesday pick. Easy 50% gain....conservatively.
UFMC $4.1 UNDERVALUED COMPANY WITH GREAT UPSIDE
United Financial Mortgage Corp. (Nasdaq: UFMC) is an unknown and undervalued company with huge upside from this point forward.
UFMC is a profitable independent mortgage banker headquartered in Oak Brook, Illinois, currently having 44 retail offices and 8 wholesale operations centers across 16 states.
UFMC announced last month that it is acquiring AmPro Mortgage's eight prime wholesale production offices and AmPro's Phoenix, Arizona, operations center. With this acquisition, UFMC will become the 29th largest residential wholesale mortgage lender in the country and the 58th largest residential mortgage lender in the United States, based on 2004 loan originations.
The AmPro acquisition will be non-dilutive and immediately accretive to earnings according to UFMC. The acquisition will add between $2.4 and $3 billion in annual originations representing between approximately a 90% to 112% increase over UFMC's expected fiscal 2005 originations.
The AmPro acquisition will give will give UFMC a significant presence in states where it currently has no infrastructure, including Arizona, Colorado and Texas, will add scale in other markets where it currently operates, such as Florida and Georgia, and will solidify its already strong presence in California.
There was a minor sell-off on Friday on very low volume after the company reported a loss for 4Q 2004. Net income for 2004 was 22c/share despite the 4Q loss.
The 4Q 2004 loss was due to a non-cash charge of $1.8 million allowance for interest rates. This charge could be reverted to income as conditions change. Without the 4Q charge, 2004 net income would have approached 50c/share.
I believe that all possible negative news are now out of the way and the near and long-term future of UFMC are very bright.
CONSIDER THIS:
* Last Thursday during the CC, UFMC's CEO said that 1Q 2005 started with a "robust" 1Q 2005. Mortgage loan originations for 1Q 2005 are expected to reach $1.4 Billion representing a 56% increase over 1Q 2004 originations.
* UFMC's float is only 3.28 million shares.
* As of June 30, 2004 its book value is $5.09
* Currently trading at 80% of book value.
* Market cap is only $24Million.
* Enterprise value is $224 Million w/o the AmPro acquisition.
* Cash position is $19Million.
* Shareholders equity is $1.2/share
* Currently has 50 offices w/o the AmPro acquisition...up from 35 a year before.
* In June 2005 renegotiated and lowered its borrowing costs to increase margins. 1Q 2005 ends on July 31, 2005.
UFMC announced in May 2005 that it has moved to the Nasdaq from AMEX to increase liquidity and take advantage of the upside that is coming up with the AmPro acquisition. Investors have not realized this yet and the trading volume has remained low. This will change quickly after the company reports very strong revenue and income numbers for 1Q 2005 based on the strong start of the year as announced by the CEO.
Always do your DD
GIGM's chart is looking great also. Bodes well for a significant pre/post earnings run:
http://stockcharts.com/gallery/?gigm
GIGM $2.3.... 1Q 2005 EARNINGS RALLY IS UNDER WAY
GIGM will release its 1Q 2005 earnings report early in July according to the company. Quess what....July is next week already.
Ths company said in its recent 4Q 2004 CC that 1Q 2005 will be profitable as well. They should know, 4Q was reported several weeks after 1Q 2005 already ended. This would mark the 3rd consecutive profitable quarter for GIGM. 1Q numbers will be a huge improvement compared to 1Q 2004's and metter thatn 4Q 2004.
GIGM financial performance is being fueled by its strong presence in the on-line gaming industry particularly in China and Latin America. You might recall this week's moster PartyGaming IPO in London. PartyGaming validates the entire sector as the fastest growing sector in the world's economy. On-line gaming revenues will increase from $8 billion to over $25 billion in just 3 years...that's phenomenal growth...and GIGM is poised to grow with it.
GIGM HIGHLIGHTS:
* GIGM has recently reported several consecutive profitable quarters and 2004 was the first full year of profitability since the IPO.
Highlights of FY04 Results:
-- Consolidated revenues of US$99.8 million -- Consolidated EBITDA(1) US$9.1 million -- Consolidated net income US$1.7 million
-- Cash and short-term investments at year end of US$47.5 million. NO long-term debt.
Highlights of 4Q04 Results:
-- Consolidated revenues of US$26.6 million -- Consolidated EBITDA(1) of US$2.9 million -- Consolidated net income of US$1.2 million
* Its on-line gaming division contributed most of the profitability and it is expected to continue to grow exponentially.
* GIGM has a market cap of only $106 million and it is trading at low P/S of 1.1.
* The on-line gambling industry is one of the fastest growing industries in the world. PartiGaming, the world's biggest on-line gaimg company had one of the most succssful IPI's in the London exchange history last week...just read the news..they are everywhere.
* GIGM is the leader in several European, Asian, and Spanish/Portuguese-speaking countries
* GIGM''s Everest Poker is ranked No. 1 in Portuguese, No. 2 in Spanish, and in the top 10 in 9 other languages including, English, German, Chinese, and Japanese according to www online casinocity com.
GIGM CEO CC COMMENTS (6/8/05)....
....we are very encouraged about our online entertainment subsidiary, Cambridge Entertainment Software, or CES. In the past year, CES has invested heavily in new gaming products, including both new variations of our traditional gaming offerings, as well as new product lines, such as multiparty poker, under the brand Everest Poker. I think most of you are familiar with the amazing success of online poker in North America. Our strategy is to become a first mover and market leader in Europe and Asia.
....we are happy to announce that Everest Poker is now available in native language offerings in 16 languages... and we are strongly focused on further penetrating the online gaming market through organic growth and....acquisition....
....we believe that the online gaming industry continues to offer significant growth potential. Our entertainment software unit is well-positioned to capitalize on the rapid growth of this market. Our online casino game software is one of the only end-to-end solutions that offers localization in up to 16 languages, and our poker product remains the only poker software available in up to 11 languages.
Online poker has surged in popularity as it pulls in a wider audience than traditional casino gambling -- often including women and younger players who may not have visited casinos. Better broadband access and the convenience of playing at home have also helped the boom.
Do your DD
EXXA $2.1. CHART LOOKING BETTER AND BETTER. Investors are starting to appreciate the value of EXXA as a solid medium to long-term investment with great upside:
http://stockcharts.com/gallery/?exx/a
The recent flood of great news from a usually "quiet" company are hard to ignore...
6/22/05...Fortune Magazine ranks EXXA as No. 8 overall, and No. 1 in revenue growth, among America's fastest growing companies. Numbers used in analysis do not include last month's $40 million/year DaimlerChrysler contract announcement.
http://www.fortune.com/fortune/articles/0%2C15114%2C1075252%2C00.html?promoid=marketwatch
6/17/05. DaimlerChrysler (DCX) awarded a second large multi-year powertrain contract worth about $15M/year in revenues to Newcor Inc., a 99% owned EXXA subsidiary.
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
5/9/05. DaimlerChrysler (DCX) awarded a Newcor Subsidiary a contract worth about $25M/year in revenues for two new powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
DaimlerChrysler is now Exx Inc.'s largest customer. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
Exx inc. (AMEX: EXXA or EXX/A or EXX.A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005 and continuing gradually throughout 2006.
EXXA warned that the loss of business from AXLE would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The three new DCX contracts will exceed the AXLE business lost by about 50%.
EXXA has said that Newcor began production of DCX parts during 2Q 2005. This means that EXXA will likely report improved revenue and net income numbers in 2Q 2005 next month. EXXA should easily exceed the 4c/share reported in 1Q 2005
Revenue and income will likely be much higher in subsequent quarters because there will be an overlap in the production of DCX and AXLE parts. This is because:
--- Newcor has begun manufacturing DCX powertrains in 2Q 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
I expect that EXXA will report over $160M and earn over 40c/share in 2005. 2006 will be a monster year for EXXA IMO.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $22MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
MORE ON NEWCOR:
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD
Lady1242. Thank you very much. BTW, EXXA is just starting to move up. In fact, I believe that it is still at ground zero despite the recent gains. I really believe that we will see at least $6 this year.
EXXA's Chart looking better with each passing day.
http://stockcharts.com/gallery/?exx/a
Fortune Magazine ranks EXXA as No. 8 overall, and No. 1 in revenue growth, among America's fastest growing companies....and that does not include last month's $40 million/year DaimlerChrysler contract announcement. Here is the link for the Fortune article:
http://www.fortune.com/fortune/articles/0%2C15114%2C1075252%2C00.html?promoid=marketwatch
DaimlerChrysler (DCX) is now Exx Inc.'s largest customer after recently awarding two Newcor Divisions three large multi-year powertrain contracts.
Exx inc. (AMEX: EXXA or EXX/A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
The combined revenue from the DCX contracts will exceed $40 million/year...or twice the current market cap of this unbelievably undervalued company. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
EXXA $2.0..FORTUNE MAG: EXXA IS AMERICA'S 8TH FASTEST GROWING COMMPANY.
Fortune Magazine just named EXXA as No. 8 among America's fastest growing companies....and that does not include last month's $40 million/year DaimlerChrysler contract announcement:
http://www.fortune.com/fortune/articles/0%2C15114%2C1075252%2C00.html?promoid=marketwatch
DaimlerChrysler (DCX) this month has become Exx Inc.'s largest customer after recently awarding two Newcor Divisions three large multi-year powertrain contracts.
Exx inc. (AMEX: EXXA or EXX/A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
The combined revenue from the DCX contracts will exceed $40 million/year...or twice the current market cap of this unbelievably undervalued company. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005 and continuing gradually throughout 2006.
EXXA warned that the loss of business from AXLE would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The three new DCX contracts will exceed the AXLE business lost according to the most recent EXXA/DCX contract announcement (FYI, 10% of EXXA's revenues correspond to about $15 million/year):
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
In May 2005, DCX awarded a Newcor subsidiary its largest contract ever, a $25M/year multi-year commitment for two powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
According to this announcement, Newcor began production of DCX parts during 2Q 2005. This means that EXXA will likely report improved revenue and net income numbers in 2Q 2005 next month. EXXA should easily exceed the 4c/share reported in 1Q 2005
Revenue and income will likely be much higher in subsequent quarters because there will be an overlap in the production of DCX and AXLE parts. This is because:
--- Newcor has begun manufacturing DCX powertrains in 2Q 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
I expect that EXXA will report over $160M and earn over 40c/share in 2005. 2006 will be a monster year for EXXA IMO.
EXXA is a low-floater and the few available shares are held very tightly. You almost invariably have to pay for them at the ask. EXXA's liquidity will likely increase sharply after the 2Q earnings are announced next month. The investors' love affair with low-float profitable companies is a hot as ever.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $22MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
My target price is $30+ within a year. Do your own DD..............
ABOUT Newcor Inc.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD
DaimlerChrysler is EXXA's ($1.9) Largest Customer....Last call..
DaimlerChrysler (DCX) this month has become Exx Inc.'s largest customer after recently awarding two Newcor Divisions three large multi-year powertrain contracts.
Exx inc. (AMEX: EXXA or EXX/A) owns 99% of Newcor, Inc., which in turn owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
The combined revenue from the DCX contracts will exceed $40 million/year...or twice the current market cap of this unbelievably undervalued company. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006. EXXA's market cap in contrast is only $22 million!
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005 and continuing gradually throughout 2006.
EXXA warned that the loss of business from AXLE would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The three new DCX contracts will exceed the AXLE business lost according to the most recent EXXA/DCX contract announcement (FYI, 10% of EXXA's revenues correspond to about $15 million/year):
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
In May 2005, DCX awarded a Newcor subsidiary its largest contract ever, a $25M/year multi-year commitment for two powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
According to this announcement, Newcor began production of DCX parts during 2Q 2005. This means that EXXA will likely report improved revenue and net income numbers in 2Q 2005 next month. EXXA should easily exceed the 4c/share reported in 1Q 2005
Revenue and income will likely be much higher in subsequent quarters because there will be an overlap in the production of DCX and AXLE parts. This is because:
--- Newcor has begun manufacturing DCX powertrains in 2Q 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
I expect that EXXA will report over $160M and earn over 40c/share in 2005. 2006 will be a monster year for EXXA IMO.
EXXA is a low-floater and the few available shares are held very tightly. You almost invariably have to pay for them at the ask. EXXA's liquidity will likely increase sharply after the 2Q earnings are announced next month. The investors' love affair with low-float profitable companies is a hot as ever.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $22MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
My target price is $30+ within a year. Do your own DD..............
ABOUT Newcor Inc.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD
EXXA $2. Up Again Today. $40M/year DCX Contracts will significantly increase revenue and net income in upcoming quarters.
EXXA's volume and price continue their upwards trend as investors begin to digest the significance of the HUGE contracts that DaimlerChrysler has awarded tiny EXXA in less than 6 weeks. The latest was announced on 6/17/05. Take a look at EXXA's chart:
http://stockcharts.com/gallery/?EXX/A
DaimlerChrysler (DCX) has become EXXA's largest customer after recently awarding EXXA two major multi-year powertrain contracts. The combined revenue from the two contracts will exceed $40 million/year...or twice the current market cap of this unbelievably undervalued company. DaimlerChrysler's contracts will represent about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006.
On Friday (6/17/05) EXXA announced a second major powertrain contract from DaimlerChrysler (DCX). This contract is for about $15 million/year.
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
Last month DCX awarded EXXA its largest contract ever, a $25M/year multi-year commitment for two powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
EXXA could easily become the next BOOM, IPII, or HURC (same sector as EXXA). EXXA's symbol is EXX/A in Scottrade and EXX.A in other platforms. Mention Exx Inc. to your broker so that he/she can find the symbol and place an order for you if you have problems.
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005. Although the AXLE exit would be gradual, it would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The two new DCX contracts exceed by a mile the AXLE business leaving starting in 3Q of 2005 and continuing gradually throughout 2006.
I expect net income to exceed 10c/share and revenue at or above $40M in 2Q 2005. Revenue and income will likely be even higher in subsequent quarters because of the overlap caused by a rapid ramp up in production for DCX's powertrains and a slow and gradual exit by AXLE.
EXXA is a low-floater and the few available shares are held very tightly. You almost invariably have to pay for them at the ask. EXXA's liquidity will likely increase sharply since it will most likely shocks the street with mind-boggling financial performance for a company with about $20 Million market cap.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $20MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
BACKGROUND:
--- The DaimlerChrysler deals completely replace (and actually exceed) the business lost from American AXLE announced in August of 2004 (reason for pps decline that started soon thereafter).
--- EXXA is starting to manufacture parts for DCX in this second quarter of 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
--- The overlap caused by a fast ramp to full production for DailerChrysler parts, and the gradual pull out by American AXLE will cause EXXA to generate record revenues and net income for several quarters to come.
My target price is $30+ within a year. Do your own DD
ABOUT EXX Inc.
Newcor Inc., EXX.A's largest subsidiary operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD
GIGM $2.37. BIG WEEK COMING UP FOR ON-LINE GAMING STOCKS.
GIGM has been on fire lately for several reasons:
* GIGM has recently reported several consecutive profitable quarters and 2004 was the first full year of profitability since the IPO.
* Its on-line gaming division contributed most of the profitability and it is expected to continue to grow exponentially.
* PartyGaming, the on-line gaming industry's leader, will go public in London this month. This IPO will be the largest in the London exchange in 5 years. It is expected that the publicity of this IPO will lift GIGM and other stocks like it.
* It has $47.5 Million in cash and no long-term debt.
* GIGM will report another profitable quarter (1Q 2005) next in July 2005.
GIGM's chart says it all about the investor interest in this company:
http://stockcharts.com/gallery/?gigm
GIGM's on-line gambling division has been growing exponentially and will be a major contributor to GIGM's financial results from here on according to GIGM's CEO Wang during the June 8, 2005 CC. CEO Wang also said that 1Q 2005 earnings will be released in July and expexts another profitable quarter.
The on-line gambling industry is one of the fastest growing industries in the world. PartyGaming, which is the company behind Partypoker.com, will go public later this month in the London exchange.
Jim Cramer during his CNBC show on 6/13/05 said that he believes that companies like GIGM will benefit greatly when PartyGaming goes public.
Analysts estimate PartyGaming's listing could value the company at up to $10 billion, thrusting it into the FTSE 100 share index and making it London's biggest IPO since insurer Friends Provident in 2001 (per Reuters 6/12/2005).
GIGM which is the leader in several European, Asian, and Spanish/Portuguese-speaking countries has a market cap of only $110 million.
GIGM's Everest Poker is ranked No. 1 in Portuguese, No. 2 in Spanish, and in the top 10 in 9 other languages including, English, German, Chinese, and Japanese according to www online casinocity com.
GIGM could very easily be trading North of $4 after PartyGaming's IPO. This would only raise the P/S to 2.0 and the P/E to about 28. Also keep in mind that GIGM has $47.5M in cash and no long-term debt!!!
>>> LAST WEEK'S EARNINGS HIGHLIGHTS (6/8/05):
GigaMedia: First Full-Year Profit in 2004
Q4 2004 Profit up 76% from Q3 2004
Highlights of FY04 Results:
-- Consolidated revenues of US$99.8 million -- Consolidated EBITDA(1) US$9.1 million -- Consolidated net income US$1.7 million -- Cash and short-term investments at year end of US$47.5 million
Highlights of 4Q04 Results:
-- Consolidated revenues of US$26.6 million -- Consolidated EBITDA(1) of US$2.9 million -- Consolidated net income of US$1.2 million
>>> CC NOTES (6/8/05)....
GIGM's CEO Arthur Wang said:
....we are very encouraged about our online entertainment subsidiary, Cambridge Entertainment Software, or CES. In the past year, CES has invested heavily in new gaming products, including both new variations of our traditional gaming offerings, as well as new product lines, such as multiparty poker, under the brand Everest Poker. I think most of you are familiar with the amazing success of online poker in North America. Our strategy is to become a first mover and market leader in Europe and Asia.
....we are happy to announce that Everest Poker is now available in native language offerings in 16 languages. While we're not releasing numbers at this time, we are very encouraged by the numbers growth, which has exceeded our internal forecast....(and we are) strongly focused on further penetrating the online gaming market through organic growth and....acquisition....
....we believe that the online gaming industry continues to offer significant growth potential. Our entertainment software unit is well-positioned to capitalize on the rapid growth of this market. Our online casino game software is one of the only end-to-end solutions that offers localization in up to 16 languages, and our poker product remains the only poker software available in up to 11 languages.
Online poker has surged in popularity as it pulls in a wider audience than traditional casino gambling -- often including women and younger players who may not have visited casinos. Better broadband access and the convenience of playing at home have also helped the boom.
EXXA $1.92: DaimlerChrysler Becomes EXXA's Largest Customer.
EXXA was AMEX's 4th largest % price gainer on Friday. My target price is $30/share plus within a year.
DaimlerChrysler has awarded Exx Inc. (AMEX: EXX.A or EXXA) two major contracts within a month. The combined revenue from these contracts exceeds $40 million/year.....or twice the current market cap of this unbelievably undervalued company!!.
DaimlerChrysler (DCX) has now become EXXA's largest customer (about 25 % of the total projected $160M - $180M/year EXXA revenues in 2005/2006).
EXXA announced on (6/17/05) a second major powertrain contract from DaimlerChrysler (DCX). This contract is for about $15 million/year.
http://biz.yahoo.com/prnews/050617/daf007.html?.v=14
Last month DCX awarded EXXA its largest contract ever, a $25M/year multi-year commitment for two powertrain programs.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
EXXA could easily become the next BOOM, IPII, or HURC (same sector as EXXA). EXXA's symbol is EXX/A in Scottrade and EXX.A in other platforms. Mention Exx Inc. to your broker so that he/she can find the symbol and place an order for you if you have problems.
Two years ago EXXA was trading in the $6 plus area. In August of 2004, EXXA announced that it was losing a significant customer (American Axle) starting on 3Q of 2005. Although the AXLE exit would be gradual, it would materially affect the company's financial results for the foreseeable future. The pps started to drop after that announcement and has never recovered...until now.
The two new DCX contracts exceed by a mile the AXLE business leaving starting in 3Q of 2005 and continuing gradually throughout 2006.
I expect net income to exceed 10c/share and revenue at or above $40M in 2Q 2005. Revenue and income will likely be even higher in subsequent quarters because of the overlap caused by a rapid ramp up in production for DCX's powertrains and a slow and gradual exit by AXLE.
EXXA is a low-floater and the few available shares are held very tightly. You almost invariably have to pay for them at the ask.
EXXA's liquidity will likely increase sharply as it shocks the street with mind-boggling financial performance for a company with about $20 Million market cap.
EXXA HIGHLIGHTS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $20MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE
BACKGROUND:
--- The DaimlerChrysler deals completely replace (and actually exceed) the business lost from American AXLE announced in August of 2004 (reason for pps decline that started soon thereafter).
--- EXXA is starting to manufacture parts for DCX in this second quarter of 2005 ramping up to full production by 4Q 2005.
--- American AXLE will start manufacturing some its own parts in 3Q 2005 and will conduct an orderly and greadual transition throughout 2006.
--- The overlap caused by a fast ramp to full production for DailerChrysler parts, and the gradual pull out by American AXLE will cause EXXA to generate record revenues and net income for several quarters to come.
ABOUT EXX Inc.
Newcor Inc., EXX.A's largest subsidiary operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
Always do your DD.
EXXA $1.53 up 10c...Recent $25M/yr DaimlerChrysler Contract Win.
EXXA is starting is inevitable climb up. Big blocks lining up on the bid....not many shares for sale at these prices. Only 4.7M shares in the float and $17M market cap.
Enter EXX/A in your streamer to view the action.
HIGHLIGHTS:
* Last week EXXA reported 4c/share net income for 1Q 2005 on $37M revenues.
* Two weeks ago, EXXA signed the company's largest deal ever. This is a monster $25 Million/year contract with DaimlerChrysler (DCX)for powertrain components. Here is the link for the DCX contract:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
* The DCX deal will completely replace business lost from American AXLE announced a few quarters ago.
* EXXA is starting to manufacture parts for DCX in this second quarter of 2005 ramping up to full production by 4Q 2005.
* American AXLE will start manufacturing some its own parts in 3Q 2005 and continuing throughout 2006.
* The overlap caused by a fast ramp to full production for DailerChrysler parts, and the gradual pull out by American AXLE will cause EXXA to generate record revenues and net income for several quarters to come. Don't be surprised if EXXA posts 2003 like income of over 40c/share in 2005 and 2006.
* At these prices EXXA is very the most undervalued stock in Wall Street. Once the investment public catches on with EXXA's significant growth potential, EXXA will be trading North of $5 like it did in 2003. My bet is that that will happen in the next quarter or two. BTW, the 2004 pps decline was caused by the AXLE announcement.
Here is a portion of the DaimlerChrysler announcement:
DaimlerChrysler Awards Significant New Powertrain Business to a Newcor Subsidiary
Monday May 9, 5:35 pm ET
LAS VEGAS, May 9 /PRNewswire-FirstCall/ -- EXX INC (Amex: EXX-A; EXX-B) today reported that one of the subsidiaries of Newcor, Inc. (a 99% owned subsidiary of EXX INC) has received purchase orders from DaimlerChrysler Corporation (DCX) to machine axles for two current powertrain programs. The anticipated sales would approximate a 20% increase over EXX's current sales and profitability on an annual basis. Production under the contracts is planned to begin shortly and build up to full production levels in the fourth quarter of 2005.
EXXA BY THE NUMBERS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $15 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
To buy EXXA shares you need to enter EXX/A in your equity order form. You might just want to tell you broker to buy the shares for you....it cots a few more penies but it is certainly worth it. I did just that as a matter fact.
ABOUT EXX Inc.
Newcor Inc., one of EXXA's largest subsidiaries operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
EXXA $1.53 up 10c...Recent $25M/yr DaimlerChrysler Contract Win.
EXXA is starting is inevitable climb up. Big blocks lining up on the bid....not many shares for sale at these prices. Only 4.7M shares in the float and $17M market cap.
Enter EXX/A in your streamer to view the action.
HIGHLIGHTS:
* Last week EXXA reported 4c/share net income for 1Q 2005 on $37M revenues.
* Two weeks ago, EXXA signed the company's largest deal ever. This is a monster $25 Million/year contract with DaimlerChrysler (DCX)for powertrain components. Here is the link for the DCX contract:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
* The DCX deal will completely replace business lost from American AXLE announced a few quarters ago.
* EXXA is starting to manufacture parts for DCX in this second quarter of 2005 ramping up to full production by 4Q 2005.
* American AXLE will start manufacturing some its own parts in 3Q 2005 and continuing throughout 2006.
* The overlap caused by a fast ramp to full production for DailerChrysler parts, and the gradual pull out by American AXLE will cause EXXA to generate record revenues and net income for several quarters to come. Don't be surprised if EXXA posts 2003 like income of over 40c/share in 2005 and 2006.
* At these prices EXXA is very the most undervalued stock in Wall Street. Once the investment public catches on with EXXA's significant growth potential, EXXA will be trading North of $5 like it did in 2003. My bet is that that will happen in the next quarter or two. BTW, the 2004 pps decline was caused by the AXLE announcement.
Here is a portion of the DaimlerChrysler announcement:
DaimlerChrysler Awards Significant New Powertrain Business to a Newcor Subsidiary
Monday May 9, 5:35 pm ET
LAS VEGAS, May 9 /PRNewswire-FirstCall/ -- EXX INC (Amex: EXX-A; EXX-B) today reported that one of the subsidiaries of Newcor, Inc. (a 99% owned subsidiary of EXX INC) has received purchase orders from DaimlerChrysler Corporation (DCX) to machine axles for two current powertrain programs. The anticipated sales would approximate a 20% increase over EXX's current sales and profitability on an annual basis. Production under the contracts is planned to begin shortly and build up to full production levels in the fourth quarter of 2005.
EXXA BY THE NUMBERS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $15 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
To buy EXXA shares you need to enter EXX/A in your equity order form. You might just want to tell you broker to buy the shares for you....it cots a few more penies but it is certainly worth it. I did just that as a matter fact.
ABOUT EXX Inc.
Newcor Inc., one of EXXA's largest subsidiaries operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
NYER $2.14 REPORTS 3rd STRAIGHT PROFITABLE QUARTER.
NYER filed its 10Q AH today. The company posted its 3rd straight profitable..... 1c net income vs. 2c loss on increasing revenue. Keep in mind that this is seasonally the weakest quarter.
With 1.2M shares in the float, NYER should be a big gainer tomorrow. It gained as much as 35c after the filing was posted.
I expect an earnings PR tomorrow sometime before noon and not necessarily in the pre-market. The company is expected to announce expansion and growth plans in addition to its earnings results.
Keep an eye on this low-floater because it moves like a rocket!
MORE ON NYER:
* CONSISTENTLY PROFITABLE
* ULTRA LOW FLOAT - 1.2M SHARES
* STRONG BALANCE SHEET.
* MARKET CAP OF $8M
* REVENUES OF > $60M/YEAR
* P/S OF ONLY 0.13...SUPER UNDERVALUED!!!
Nyer Medical Group, Inc. is a holding company with operations in segments, including, pharmacies, medical and surgical equipment and supplies, and corporate. Through D.A.W., Inc., an 80%-owned subsidiary of the Company, it operates a chain of pharmacy drug stores in the suburban Boston, Massachusetts area. The Company's three wholly owned subsidiaries, ADCO Surgical Supply, Inc. (ADCO), ADCO South Medical Supplies, Inc. (ADCO South) and Nyer Internet Companies, Inc. (Internet) are engaged in the wholesale and retail sale of medical and surgical equipment and supplies throughout New England, Florida, Nevada and worldwide through the Internet sales.
OTHER GOOD STOCKS TO WATCH:
XNVA ($0.97)
Anti-smoking vaccines is are the hot topic of the day thanks to new visibility gained at ASCO this week. Cytos (from Zurich) reported excellent results for its anti-smoking vaccine candidate at this week's ASCO meetings. XNVA is one of only 3 companies with products in the pipeline to control smoking through a vaccine. XNVA is also working on a cocaine-anti-addiction vaccine. XNVA received a lot of front page mention in the last three days in Biz publications ranging from the NY Post to teh WSJ.
Unfortunately, you can't buy Cytos' shares...but you can buy XNVA's for under $1/share. Not for long though. XNVA is potentially a 10-bagger from this point on since it also has Transmid, a Phase III brain-cancer candidate, and many other significant medical developments.
WSCI ($2.81)
Profitable....1.2M float..pays quarterly dividends. Big earnings coming up. Company paid an equivalent of 16c/share the last two quarters for relocation costs to a newer/larger manufacturing plant. With those charges out of the way, net income is expected to range from 8 to 12c/share.
Do your DD on this one before irt is too late
EXXA ($1.52)
The company reported 4c/share net income last week. The next few quarters will be huge because the company won a multi-year $25M/yr + contract from DaimlerChrysler also last week:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
It is hard to find info on this company. I had to have my broker enter the buy order for me. The symbol to enter in the order-entry form is EXX/A. One a positive note, EXXA has issued more PRs in a month than in the last two years combined. This could be a sign that the CEO (largest shareholder) wants a payoff for his patient accumulation of the last two years.
It is also hard to buy big chunks of stock. If you want to buy a few K, you'll have to pay over the ask. The MMs will throw you a bone for 100 to 300 shares at the bid every once in a while.
I expect that EXXA will report record revenues in 2Q and a hefty profit because of the DaimlerChrysler deal.
A few important facts about EXXA:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $17 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
Always do your own DD.
NYER $2.14 REPORTS 3rd STRAIGHT PROFITABLE QUARTER.
NYER filed its 10Q AH today. The company posted its 3rd straight profitable..... 1c net income vs. 2c loss on increasing revenue. Keep in mind that this is seasonally the weakest quarter.
With 1.2M shares in the float, NYER should be a big gainer tomorrow. It gained as much as 35c after the filing was posted.
I expect an earnings PR tomorrow sometime before noon and not necessarily in the pre-market. The company is expected to announce expansion and growth plans in addition to its earnings results.
Keep an eye on this low-floater because it moves like a rocket!
MORE ON NYER:
* CONSISTENTLY PROFITABLE
* ULTRA LOW FLOAT - 1.2M SHARES
* STRONG BALANCE SHEET.
* MARKET CAP OF $8M
* REVENUES OF > $60M/YEAR
* P/S OF ONLY 0.13...SUPER UNDERVALUED!!!
Nyer Medical Group, Inc. is a holding company with operations in segments, including, pharmacies, medical and surgical equipment and supplies, and corporate. Through D.A.W., Inc., an 80%-owned subsidiary of the Company, it operates a chain of pharmacy drug stores in the suburban Boston, Massachusetts area. The Company's three wholly owned subsidiaries, ADCO Surgical Supply, Inc. (ADCO), ADCO South Medical Supplies, Inc. (ADCO South) and Nyer Internet Companies, Inc. (Internet) are engaged in the wholesale and retail sale of medical and surgical equipment and supplies throughout New England, Florida, Nevada and worldwide through the Internet sales.
OTHER GOOD STOCKS TO WATCH:
XNVA ($0.97)
Anti-smoking vaccines is are the hot topic of the day thanks to new visibility gained at ASCO this week. Cytos (from Zurich) reported excellent results for its anti-smoking vaccine candidate at this week's ASCO meetings. XNVA is one of only 3 companies with products in the pipeline to control smoking through a vaccine. XNVA is also working on a cocaine-anti-addiction vaccine. XNVA received a lot of front page mention in the last three days in Biz publications ranging from the NY Post to teh WSJ.
Unfortunately, you can't buy Cytos' shares...but you can buy XNVA's for under $1/share. Not for long though. XNVA is potentially a 10-bagger from this point on since it also has Transmid, a Phase III brain-cancer candidate, and many other significant medical developments.
WSCI ($2.81)
Profitable....1.2M float..pays quarterly dividends. Big earnings coming up. Company paid an equivalent of 16c/share the last two quarters for relocation costs to a newer/larger manufacturing plant. With those charges out of the way, net income is expected to range from 8 to 12c/share.
Do your DD on this one before irt is too late
EXXA ($1.52)
The company reported 4c/share net income last week. The next few quarters will be huge because the company won a multi-year $25M/yr + contract from DaimlerChrysler also last week:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
It is hard to find info on this company. I had to have my broker enter the buy order for me. The symbol to enter in the order-entry form is EXX/A. One a positive note, EXXA has issued more PRs in a month than in the last two years combined. This could be a sign that the CEO (largest shareholder) wants a payoff for his patient accumulation of the last two years.
It is also hard to buy big chunks of stock. If you want to buy a few K, you'll have to pay over the ask. The MMs will throw you a bone for 100 to 300 shares at the bid every once in a while.
I expect that EXXA will report record revenues in 2Q and a hefty profit because of the DaimlerChrysler deal.
A few important facts about EXXA:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $17 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
Always do your own DD.
XNVA ($0.9), NYER ($2.35), WSCI ($2.8), EXXA ($1.55).
ABOUT XNVA ($0.9):
Next week should be a hot week for XNVA. Anti-smoking vaccines is are the hot topic of the day thanks to new visibility gained at ASCO this week. XNVA is one of only 3 companies with products in the pipeline to control smoking through a vaccine. XNVA is also working on a cocaine-anti-addiction vaccine.
This is an article from the front page of the New York Post:
http://www.nypost.com/health/44064.htm
Unfortunately, you can't buy Cytos' shares...but you can buy XNVA's for under $1/share. Not for long though. XNVA is potentially a 10-bagger from this point on since it also has Transmid, a Phase III brain-cancer candidate, and many other significant medical developments.
XNVA's chart is looking better and better. Great fundamentals and good technicals are a recipe for some significant short and long-term profits:
http://stockcharts.com/gallery/?xnva
ABOUT NYER ($2.35):
GREAT ENTRY POINT..... PROFITABLE LOW-FLOAT ROCKET...EARNINGS MONDAY. This one moves fast on good news. Reminds me of GIGA.
* CONSISTENTLY PROFITABLE
* ULTRA LOW FLOAT - 1.2M SHARES
* STRONG BALANCE SHEET.
* MARKET CAP OF $8M
* REVENUES OF > $60M/YEAR
* P/S OF ONLY 0.13
Nyer Medical Group, Inc. is a holding company with operations in segments, including, pharmacies, medical and surgical equipment and supplies, and corporate. Through D.A.W., Inc., an 80%-owned subsidiary of the Company, it operates a chain of pharmacy drug stores in the suburban Boston, Massachusetts area. The Company's three wholly owned subsidiaries, ADCO Surgical Supply, Inc. (ADCO), ADCO South Medical Supplies, Inc. (ADCO South) and Nyer Internet Companies, Inc. (Internet) are engaged in the wholesale and retail sale of medical and surgical equipment and supplies throughout New England, Florida, Nevada and worldwide through the Internet sales.
OTHER GOOD ONES TO RADAR:
**** Check out WSCI at $2.8. Profitable....1.2M float..pays quarterly dividends. Big earnings coming up. Company paid an equivalent of 16c/share the last two quarters for relocation costs to a newer/larger manufacturing plant. With those charges out of the way, net income is expected to range from 8 to 12c/share the quarter to be reported shortly. This one is another GIGA-like mover.
Do your DD on this one before irt is too late
***** Another beauty is EXXA ($1.55). The company reported 4c/share net income last week. The next few quarters will be huge because the company won a multi-year $25M/yr + contract from DaimlerChrysler also last week.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
It is hard to find info on this company. I had to have my broker enter the buy order for me. The symbol to enter in the order-entry form is EXX/A. I believe that the management will take the company private or sell. Either way I expect to multiply my investment in a near future. One a positive note, EXXA has issued more PRs in a month than in the last two years combined. This could be a sign that the CEO (largest shareholder) wants a payoff for his patient accumulation of the last two years.
Here is the link for the secret EXXA yahoo board:
http://messages.yahoo.com/bbs?action=t&type=r&board=7077634& sid=7077634
Good luck!
XNVA ($0.9), NYER ($2.35), WSCI ($2.8), EXXA ($1.55).
ABOUT XNVA ($0.9):
Next week should be a hot week for XNVA. Anti-smoking vaccines is are the hot topic of the day thanks to new visibility gained at ASCO this week. XNVA is one of only 3 companies with products in the pipeline to control smoking through a vaccine. XNVA is also working on a cocaine-anti-addiction vaccine.
This is an article from the front page of the New York Post:
http://www.nypost.com/health/44064.htm
Unfortunately, you can't buy Cytos' shares...but you can buy XNVA's for under $1/share. Not for long though. XNVA is potentially a 10-bagger from this point on since it also has Transmid, a Phase III brain-cancer candidate, and many other significant medical developments.
XNVA's chart is looking better and better. Great fundamentals and good technicals are a recipe for some significant short and long-term profits:
http://stockcharts.com/gallery/?xnva
ABOUT NYER ($2.35):
GREAT ENTRY POINT..... PROFITABLE LOW-FLOAT ROCKET...EARNINGS MONDAY. This one moves fast on good news. Reminds me of GIGA.
* CONSISTENTLY PROFITABLE
* ULTRA LOW FLOAT - 1.2M SHARES
* STRONG BALANCE SHEET.
* MARKET CAP OF $8M
* REVENUES OF > $60M/YEAR
* P/S OF ONLY 0.13
Nyer Medical Group, Inc. is a holding company with operations in segments, including, pharmacies, medical and surgical equipment and supplies, and corporate. Through D.A.W., Inc., an 80%-owned subsidiary of the Company, it operates a chain of pharmacy drug stores in the suburban Boston, Massachusetts area. The Company's three wholly owned subsidiaries, ADCO Surgical Supply, Inc. (ADCO), ADCO South Medical Supplies, Inc. (ADCO South) and Nyer Internet Companies, Inc. (Internet) are engaged in the wholesale and retail sale of medical and surgical equipment and supplies throughout New England, Florida, Nevada and worldwide through the Internet sales.
OTHER GOOD ONES TO RADAR:
**** Check out WSCI at $2.8. Profitable....1.2M float..pays quarterly dividends. Big earnings coming up. Company paid an equivalent of 16c/share the last two quarters for relocation costs to a newer/larger manufacturing plant. With those charges out of the way, net income is expected to range from 8 to 12c/share the quarter to be reported shortly. This one is another GIGA-like mover.
Do your DD on this one before irt is too late
***** Another beauty is EXXA ($1.55). The company reported 4c/share net income last week. The next few quarters will be huge because the company won a multi-year $25M/yr + contract from DaimlerChrysler also last week.
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
It is hard to find info on this company. I had to have my broker enter the buy order for me. The symbol to enter in the order-entry form is EXX/A. I believe that the management will take the company private or sell. Either way I expect to multiply my investment in a near future. One a positive note, EXXA has issued more PRs in a month than in the last two years combined. This could be a sign that the CEO (largest shareholder) wants a payoff for his patient accumulation of the last two years.
Here is the link for the secret EXXA yahoo board:
http://messages.yahoo.com/bbs?action=t&type=r&board=7077634& sid=7077634
Good luck!
EXXA $1.65 Reports 4c/share Income. Huge Chrysler contract this week.
Late yesterday (5/12/2005), EXXA reported net income of $456K or 4c/share for 1Q 2005 on $37.5M in revenues. This compares favorably with the loss of $1.1M or 8c/share in 4Q2004.
With the significant DaimlerChrysler contract Announced this week, the remaining quarters of 2005 will likely be a significant improvement both in revenues and net income. Here is the link for the DaimlerChrysler announcement:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
The DaimlerChrysler announcement says that it will represent about 20% of the annual revenues of about $140M. This is about $28M/year in revenues! This amount however will not be cummulative but it will replace the business lost from American Axle. EXXA announced several months ago that its then largest customer, American Axle, decided that it was going to gradually fase out its manufacturing from EXXA to its own facilities.
It should be noted that American Axle said that it will pull out its business from EXXA starting in the 3rd quarter of 2005 and continuing thoughout 2006. Since EXXA will start manufacturing DaimlerChrysler products starting in the current 2Q 2005 and building up to full production capability by 4Q 2005, the overlap will likely cause revenues and net income to be much higher than current levels for several quarters to come.
Furthermore, the DaimlerChrysler contract in itself validates EXXA (Newcor Division) as a significant player in the automotivele-part machining industry. That in turn could open up similar business opportunities in the future for EXXA.
Here is a portion of the DaimlerChrysler announcement:
DaimlerChrysler Awards Significant New Powertrain Business to a Newcor Subsidiary
Monday May 9, 5:35 pm ET
LAS VEGAS, May 9 /PRNewswire-FirstCall/ -- EXX INC (Amex: EXX-A; EXX-B) today reported that one of the subsidiaries of Newcor, Inc. (a 99% owned subsidiary of EXX INC) has received purchase orders from DaimlerChrysler Corporation (DCX) to machine axles for two current powertrain programs. The anticipated sales would approximate a 20% increase over EXX's current sales and profitability on an annual basis. Production under the contracts is planned to begin shortly and build up to full production levels in the fourth quarter of 2005.
EXXA BY THE NUMBERS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $15 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
To buy EXXA shares you need to enter EXX/A in your equity order form. You might just want to tell you broker to buy the shares for you....it cots a few more penies but it is certainly worth it. I did just that as a matter fact.
Once investors realize the significance of the recent company events and the numbers for 2Q 2005 are announced in three more months, EXXA should be trading well above $5/share.
ABOUT EXX Inc.
Newcor Inc., one of EXXA's largest subsidiaries operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.
EXXA $1.65 Reports 4c/share Income. Huge Chrysler contract.
Late yesterday (5/12/2005), EXXA reported net income of $456K or 4c/share for 1Q 2005 on $37.5M in revenues. This compares favorably with the loss of $1.1M or 8c/share in 4Q2004.
With the significant DaimlerChrysler contract Announced this week, the remaining quarters of 2005 will likely be a significant improvement both in revenues and net income. Here is the link for the DaimlerChrysler announcement:
http://biz.yahoo.com/prnews/050509/dam061.html?.v=4
The DaimlerChrysler announcement says that it will represent about 20% of the annual revenues of about $140M. This is about $28M/year in revenues! This amount however will not be cummulative but it will replace the business lost from American Axle. EXXA announced several months ago that its then largest customer, American Axle, decided that it was going to gradually fase out its manufacturing from EXXA to its own facilities.
It should be noted that American Axle said that it will pull out its business from EXXA starting in the 3rd quarter of 2005 and continuing thoughout 2006. Since EXXA will start manufacturing DaimlerChrysler products starting in the current 2Q 2005 and building up to full production capability by 4Q 2005, the overlap will likely cause revenues and net income to be much higher than current levels for several quarters to come.
Furthermore, the DaimlerChrysler contract in itself validates EXXA (Newcor Division) as a significant player in the automotivele-part machining industry. That in turn could open up similar business opportunities in the future for EXXA.
Here is a portion of the DaimlerChrysler announcement:
DaimlerChrysler Awards Significant New Powertrain Business to a Newcor Subsidiary
Monday May 9, 5:35 pm ET
LAS VEGAS, May 9 /PRNewswire-FirstCall/ -- EXX INC (Amex: EXX-A; EXX-B) today reported that one of the subsidiaries of Newcor, Inc. (a 99% owned subsidiary of EXX INC) has received purchase orders from DaimlerChrysler Corporation (DCX) to machine axles for two current powertrain programs. The anticipated sales would approximate a 20% increase over EXX's current sales and profitability on an annual basis. Production under the contracts is planned to begin shortly and build up to full production levels in the fourth quarter of 2005.
EXXA BY THE NUMBERS:
* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $15 MILLION
* HEAVY INSIDER BUYING. INSIDERS OWN 54% OF COMPANY (Yahoo numbers are wrong...read the filings)
To buy EXXA shares you need to enter EXX/A in your equity order form. You might just want to tell you broker to buy the shares for you....it cots a few more penies but it is certainly worth it. I did just that as a matter fact.
Once investors realize the significance of the recent company events and the numbers for 2Q 2005 are announced in three more months, EXXA should be trading well above $5/share.
ABOUT EXX Inc.
Newcor Inc., one of EXXA's largest subsidiaries operates seven companies employing over 1,000 people in virtually all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural and industrial markets.
Newcor focuses in two areas: precision machined components and molded rubber and plastic products. Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.