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Chunga:- GM 2 U also. Hoping everyone out in Nigeria is a good sign. GLTYA!
This board has some serious DD 'majors'. Kudos to you all!
Maybe people are selling because more money can be made elsewhere short term. UAF's will probably not be out until mid feb and A/F's won't probably be out until late March so unless there is a new contract announcement before then CKYS is dead money for the time being. Maybe there will be a small pop when the Nascar brochure is distributed? JMO
Excellent DD many thanks!!
New to the board:- IMO The black and decker deal and the retail store contracts changes the outlook for SQUM significantly. I'm looking for the 50sma to cross back above the 200sma and the RSI to cross back above the 50 line and then I will be in. Looking forward to 1st quarter revenue figures also. GLTYA
The black and decker deal and the retail store contracts changes the outlook for SQUM
Foxwood, I only visit the board in the morning. What can I do for you?
Foxwood, I can't PM you and sorry for butting in on your post with sveccio but I bought a medium tier silver producer a few years ago just after they started production and their pps tripled in the first 2 years and almost doubled the following year after that. Fundamentally you will not get a better time to get into a commodity stock if you're prepared to hold for a few years.
Technically the chart is a dog and would like to see a reversal pattern in progress however, downside is limited IMO and I'm looking at it myself so many thanks. GLTY
Many thanks Big D!!!!!!
ICEMAN in reply to your PM the answer is no!
I am a trader full stop and IMO this is a pink sheet stock and is acting no different to any other 'pinkie' on the board and is therefore speculative. I use TA to trade and am not concerned with what may have/could have/should have been said/PR'd or otherwise. GLTY in your endeavours.
Gtell like they say: Better to be born lucky than rich!
Yes and to a great 2007.
Big D please PM with your info on thursday. Much appreciated!
Excellent post, many thanks!
Shortsqueeze, apologies for not replying yesterday morning but there's not enough hours in the day at the moment.
So Good morning to you and happy new year!
Seabiscuit sound advice, I have only been able to reply this morning to Danno and Snow, prior to reading your post, and I've said as much ref your profit statement.
Danno/Snow, I work in an industry where multiple calculations are a given and I've carried this over into my trading strategy with a greater degree of success. Believe me , don't believe me!
My lowest projection of 0.008 is based on 5M net earnings after interest and tax etc and I stand by it. I have discounted the fact that this is CKYS's first A/F and they just might not have any profit! GLTY
Snow, please read post #43283.
Danno I did several projections with and without EBITDA. If I'm honest though I don't believe that the EPS will fall to the levels you predict. The worst projection was 0.008 based on a sliding scale of revenues. GLTY
I have taken into consideration the $29.2m from the military contracts and then rounded up to $30m for retail online orders. I then projected that the % profit for the company would be 33% hence $10m net earnings.
Snow apologies I had 2 minutes to look at some posts and misread your message. PEG is Projected Earnings Growth or PE divided by % growth for next year, so in your projection of a PE of 6 and a % growth for next year of 20% the PEG would be 0.3 (not good). I've dawdled through a few numbers myself, comments?
Guestimate net earnings in 2006 = $10M
Average O/S = 575M
Therefore EPS for 2006 = 0.0175
PPS @ 31 Dec = 0.021 therefore PE = 1.2
With an EPS of 0.0175 there is only one way the pps should move and that is north.
Earnings facts are that the 3/4 quarter earnings were considerably less than the first 2 quarter earnings and the O/S almost doubled in the 3/4 quarter. (no pr's to the contrary)
Snow I agree with most of your calculations except for the profit margin. No company is going to accept a 10% mark up, it's nearer 30%. Your P/E is very conservative but until A/F's come out it's as good as any.
I would be interested in your PEG predictions? Many thanks!
Goldrush, many thanks for your time. GLTY
Mets please email me at hayloft999@yahoo.com
Many thanks in advance
Just popped in for a minute, I agree current market cap at the pps close on friday is $12.95M. In the worse case scenario if you discount the alleged 500M restricted shares then the pps would be worth a cent.
Chunga, I'm still waiting myself however it's a little early in the US on a saturday so I'm hoping later in the day we'll hear something. The info is about shares being bought from Chassman/Blech by a private consortium I believe, but can't verify that yet until the info is received. GLTY
Hinch, please email me mets info at:- hayloft999@yahoo.com
Many thanks in advance!
Drifterc, once you get the info would you please PM me also.
Many thanks in advance!
Makes sense, many thanks for your input. I to hope the filing is electively earlier than the deadline date.
When 10Q's and 10K's coincide isn't the 10K the only report that is filed which would mean the 10k being filed sometime in March 07?
I'm in other stocks at the moment including SCLL/XKEM/TASR and CKYS and so my money's tied up for the short term. Technically POIG could go down further and so it's not for me yet.
You make a good point but for me the juy's out! GLTY
Dragon man, I certainly haven't held POIG for 2 years but I did lose money on it. I have watched its pitiful performance over the past 2 years with a view to getting back in but that view has almost deteriorated to nothing. I'm out until a consolidated reversal pattern is evident. GLTY
What do I know, up 4% today!
Maybe black and decker has given them a big order, CKYS can't be the only company dealing with them!
I tell you what, I just posted in return to sled dog about TA that I agreed with. IF people don't want to read my posts use the friggin ignore button end of chat.
I'm quite happy using TA on otcc and pinks and it has been extremely beneficial over the past few years. My latest play since 21 dec is I've been in and out of one particular stock and have managed to add to the number of shares by 50%. If you don't agree, fine do your own thing and I'll do my mine.
I'm not going by volume I'm going on the 6 month chart and it's JMO.
Macd is looking increasingly negative and the 50dma is still below the 200dma and looking neutral, the cmf is negative, however RSI has bounced back of the 50 and looking positive.
Looking slightly in favour of negativity. JMO
Gateway: I have listened to the same rhetoric coming out of POIG's mouth for the last 2 years about improving shareholder wealth/value but all that I've seen is the PPS dip from $2 to under 50 cents as it is now. Until I see a strong reversal in the pps I won't be entertaining it anytime soon! GLTY