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FB 'likes' further up, now at 343.
Here is a short break-down of the average new likes per week. This is a weekly moving average.
In the week of 2/19 - 2/25 ==> 4
In the week of 2/20 - 2/26 ==> 76
In the week of 2/21 - 2/27 ==> 169
In the week of 2/22 - 2/28 ==> 212
In the week of 2/23 - 3/1 ==> 236
From earlier posts, I can see that last Tuesday (6 days ago) the number of likes went from 60 to 100+. This is reflected in the average thats shown above (from FB) as we see the spike on 2/26. The number has been steadily increasing and continues to do that, increasing by 20+ today.
Clearly, there is a large number of people now watching JNSH for some reason and the awareness is spreading. Attention can only be a good thing for JNSH as we know the fundamentals are pretty solid. The only thing this company lacks is attention which in term translates to low volume. So, this is the best thing imo that JNSH could ask for.
So I can't think of anything but positive things that can come out of this in the coming weeks..
Something BIG is brewing...
If most of the likes are from outside the country, here's my theory on the two possibilities. (of course IMHO)
One, its an investment group trying to get in on a small US company which it sees growth opportunities in. Not to generalize, but people from India and China are pretty astute at figuring out a cheap valuation and a big opportunity when it presents itself. So that'll mean once they decide to jump in, they will come in droves.
Two, this is a promoter group that has seen a profitable company with impending big news and have decided that they will start a promotional campaign for this (with or without JNSH's consent). Most of the promotion these days happens online via newsletters and message board posts, and this can be done more cheaply overseas. I won't be surprised if there are promoter groups based in India, China or Russia who might be able to do the job at a much cheaper price. So this could be them discussing strategies and getting ready for a move.
It could be one of the above or flavors of the above. Option 1 is good for the company as it will be mostly an organic growth, with the increase in share price having a higher chance of sustaining itself. This is obviously good for long term. Option 2, is less desirable for long term as we may get a few weeks of heavy action and then see this fade away, if we don't get more longs as a part of the promotion who see real value.
In either case, more eyes on JNSH is a good thing for the current shareholders. 264 people talking about it or having 300 more likes in less than 2 weeks is definitely exciting. Something BIG is brewing here and when that storm touches down, watch out! I've seen JNSH move on small volume, I can only imagine what it will do if it gets sustained buying pressure for a couple of weeks.
This is going to be an exciting month.. :)
Yes, I believe JNS is only bidding for the ownership of the charging stations as well as the contract to install the ones that are not yet installed. 350Green is a larger company than that and the remaining assets would be what CCGI is hoping to acquire.
At the very least getting the contract to install the remaining chargers will bring in (if my calculations are no wrong) greater than 2M in revenue. And thats JUST one contract, this along with the other existing projects will put us again at above 3-4M revenue for the year which will be a 3x multiplier from last year.
Either ways a company trying to acquire something is definitely in the process of growing. This means they have enough confidence and line of credit to look for bigger projects.
So, I'm pretty happy to be in JNSH right now, a company that's growing and that may be on the verge of getting a big break. I like my chances here.. :)
Wow lots of buzz here today. Its interesting to see the 'likes' increase, of course this is not including the few that do not have Facebook accounts (like me), who like JNSH but cannot 'like' it. :)
Something big is coming.. buckle up!
I want to pick up these cheapies while I can get them. I'm trying to free up some cash, but a good portion of my portfolio was affected by yesterday's brutal drop. Seeing a minor recovery now, so may get out of some positions to add here. Hoping this stays low enough until I get my funds. :)
Guess you can increase that number to 30M if you are keeping count. :)
This looks like a third-party's interpretation of the JNS press release last week.
According to the last JNSH PR, it says "Once the network is completed JNS will own and operate 201 Level II chargers and 73 Level III fast chargers within the Chicago market."
So, I believe they are negotiating to get the complete agreement, which will include ownership of all current chargers installed as well as the installation contracts for any uncompleted work.
Remember, the first PR supports this as it stated.
"The referenced agreement pertains to the stalled electrical vehicle power stations that were awarded to San Diego based 350Green, LLC in February of 2011 with a targeted completion date for the end of the same year. To date 350Green, LLC has installed only 168 of the 274 EV chargers from the existing grant agreement and has stopped work due to financial issues."
So, I believe this will mean JNS will take over the contract for installing the remaining 106 chargers. So, as my first line says, 'once the network is completed', JNS will own all of the 274 EV charging stations referenced above.
Hence, I believe there is a component of the charging station installation as well in the agreement. IMHO.
JNSH closed on the HOD and even High of Week. Its amusing to see negativity at this juncture.
Nobody promised huge news at the end of this week. The company sure did not state it was going to announce anything. The management at JNSH have been clear in their PRs and have followed through on every single one of them.
Whichever way you spin it, the company has closed on a high, the volume this week was higher than last week, the B/A gap is closer, the company is close to releasing its yearly report and confirmation/details on a huge contract. The stock has been consistently climbing higher and will continue to do so in the coming weeks. This is purely because of solid fundamentals. Simple as that.
Oh and I expect to see you folks here in a couple of months, when the company is at 0.09 and hear complaints about how the company had 'failed' to hit a DIME.. when everyone was calling for it.. and how this is a scam!. :)
Yes, it could be as early as next week.
According to the PR "The company expects to complete negotiations within the next fourteen business days with a closing date soon thereafter as possible subject to all required regulatory approvals. "
The PR was dated Jan 29th, which puts us at Feb 19th (Tuesday), for the 14 business days. They said, a closing date 'soon after', so with the negotiations almost complete, its all about getting the paperwork done for closing. This may take only a couple of days or may take a couple of weeks depending on the complexity of the deal (may need to show line of credit, company background check etc).
But yes, it could be as early as next week, but to keep the expectations grounded, I won't be surprised if it takes a little longer. All I know is from the experience I've had with JNSH management is that, if the deal can be closed early, it WILL be. :)
Yes, I believe so. I know we'll get a contract and a big one at that, but what I'm waiting for are the details of the contract, in terms of the revenue and expected margin, followed by approximate numbers regarding maintenance and service fees (additional revenue) of the newly acquired installations. This, in addition to its other existing projects will definitely add up to the bottom line in terms of revenue and profit.
With the information above, I feel we'll be able to plug in some real values to the share price estimation and come up with a valuation for the company. Even with a moderate forward looking P/E (this company HAS been profitable for the past two years and is growing business rapidly), we should easily be above a nickel and closer to a dime. :)
This is really an exciting time to be part of JNSH.. the company is finally on track to fulfilling its potential in a big way and I'm happy to be coming along for the ride..
LOL, Agreed. :) This looks very similar to the move we made last year, we had 8-9 consecutive days of fairly small but aggressive buying and we made a move to 0.022 before the annual report came in. Then we flew to 0.035 over the next few weeks based on the progress being made.
I feel if we have another profitable year in the kitty (annual report), followed by current status and followed by the confirmation of the contract that may nearly quadruple our annual revenue, I think we will probably reach at least a double of last year's high by May.
To put a stick in the ground, I'll say 0.07 by the end of May to be conservative.. And just so that its clear, I called this target first! :)
Just want to point out, I had the feeling first.. back in the first post of the morning.. :)
I have a feeling we'll be moving slowly to the 0.02 level over the next two weeks in anticipation of the confirmation. I'm aware of several folks who are on the sidelines waiting for an indication that the train is leaving the station. We may start to see some buying for the fear of missing out on the move.
And when it moves, boy! does JNSH move or what ?.. Last year, right about the same time we made a similar move. I feel the impetus of this move is even more than last year's. So, I have a feeling some big things are going to happen here shortly..
Just my gut feeling..
Come here for the buzz. Stay and do some DD!
As much as the negative foundationless chatter is annoying, it helps increase the awareness of JNSH and the increased traffic might bring new folks.
If those who arrive are smart enough to do some DD, they'll benefit from this company in the coming weeks. :)
GLTA and do your DD!
Great news Things are falling into place at a deliberate pace here. Knowing how tricky and difficult these contract discussions can get, JNSH and Brian seem to be moving fast to add a substantial contract to their portfolio. Once the final numbers come out for the installations and the revenue it generates, we'll see the stock settle on the new valuation of the company.
I agree, there is less confidence (inherited from being in the pinks) in LOIs and PRs that state that and expecting a major move from this PR alone is unlikely (although not impossible). I think the company will definitely benefit from an awareness campaign, and I believe rather than the individual investors the IR team will be talking to institutions to see if they want to invest in a small but profitable company on the verge of breaking out.
To that end, its best that the cheap promotion of the stock (P&D style) is not done and it looks clean enough for institutional investments or take-over bids. I think Brian and his team know exactly what they have on their hands and will soon make moves to maximize the shareholder value, one way or another.
This will be an exciting year ahead for JNSH.. :)
These are just games that are being played to try to show weakness in the stock right before a run up. You are right, nobody would want to sell right now for any price (with the impending news) and least of all at 0.0115, and for a whopping $28.
All of these games will stop with good volume, which should hopefully arrive in 10 days' time. :)
Well, it looks like the market is taking the prove-it approach, as will most people when dealing with a company in the pinks. Yes, if the deal goes thru, the company should be trading in multiples and hence the standoff here. There are no shares available at these levels as nobody is willing to sell. From what I can tell, there are a whole host of investors waiting for the confirmation to jump in.
The longs, I can see (including me) are adding at these levels as much as possible as they believe that JNS does not put out PRs if there was not a serious chance of getting the deal or some portion of the deal. There are a few ifs, but there are no doubts the result of these discussions are going to be positive. The extent of the deal, the margins, the funding etc will determine where this stock will end up in 3 weeks, but without question its going to be up.
Agreed.. there is no point in watching the small up-ticks and down-ticks of this right now. In a couple of weeks there might be major news coming in which can cause this stock to explode. Simple as that.
If the market is going to take a show-me-and-then-I'll-buy approach, well, thats fine too. But anyone why has done 15min worth of DD on JNSH can see that over the past two years the company has been steadily improving and has been transparent and honest with its dealings.
All said, there are very few shares available at this level anyways. Any amount of buying pressure will cause this to fly (for reference, see last year, Feb-April, and that was on a smaller revenue total for the year compared to what the new deal may bring). I'm looking for an easy 3X-4X multiple from last year's levels of 0.02.. by the time the dust settles in a month..
Good news. This was just a reminder that although the company is currently focused on trying to acquire the new contract from 350Green, the company continues to aggressively pursue other projects and increase revenue streams.
I like the level of activity Brian has brought to this company. After two years of establishing a strong foundation, the company is finally ready to rise. This is not a here-today, gone-tomorrow company as we longs know. This has been a vision in the works for many years now and the slow and steady progress is finally starting to pay dividends.
SB, as I had said in my earlier post, I want to wait until the order is in hand before doing too much math, but just to give us perspective
Annual revenue for 2011 was about 1.12M
Annual revenue for 2012 (3Q) about 895K, projecting, its about 1.2M (of course its a linear projection, not taking into account seasonal increase/decrease or clearing up of funds from previous jobs paid late etc.)
Before we go too deep into stock price based on profit, shares outstanding, a conservative P/E multiplier etc, its safe to say that just the revenue from this contract of 5.8M will quadruple our annual revenue. (Again, not looking at margins or profits this will generate and a host of other factors).
So, if/when this is confirmed, I would expect the stock to trade at least 3-4 times where we were last year, i.e. in the 0.06-0.10 roughly before we account for revenue from other installations, jobs, subsidiaries. Of course, doing larger jobs means the earnings potential for the future increases as well which will bring in a higher multiplier.
Basically, just on the acquisition of this contract, I expect us to be trading up multiples..
Great news. In fourteen days, once the terms of the contracts are released, this easily doubles our revenue Y-on-Y. Provided the margins are reasonable this will be a major boost to an already profitable company.
I'm very very excited as to where the company is headed. I won't get into numbers yet, but if the contract goes through, I can easily see multiples in the near future.
Did I say I was excited ? :)
Agreed, I'm not going to worry too much about the effective S/P until we get some volume. We need more liquidity. The confirmation of some big job along with some ball park revenue numbers may just do that.
With the 50 day MA at 0.013 and 200 day MA at 0.018, all on little to no communication from the company in the last six months due to various issues, I feel it'll be tough to get a whole lot of shares any lower than where we are at the moment. Also, if you go a year back to this time (early Feb is when we started trading as JNSH), the stock has predominantly traded at or above the 0.02 mark on days of reasonable volume. I feel that's the real base for this company and we'll be back there once the deal is finalized and we get any hint of good volume.
As far as scouting goes, it'll be tough to find a pink with better fundamentals. Transparent share structure, low float, share buybacks, a verifiable business, regular reporting and above all profitable. I feel this is a real company trying to make it big slowly and this will be the year that happens. There has been no fluff PRs till date from JNS and that is another rarity around here. I have no qualms in recommending this company at these levels to anyone. I welcome you to do your DD and hop on board when you are comfortable. GLTU :)
Agreed. Those are valid points. The S/P though has many factors like forward looking earnings potential that are rolled in, so a company making a profit, but not showing potential to improve will not get a fair assessment. I believe with this contract (when it goes thru) will exactly address that part of JNS's equation, where its shows that its growing from a 2-3M annual revenue to a possibly 8-9M annual revenue company. Thus even before the revenue of the contract starts coming in, we should see the S/P rise on the potential. Assuming the IR firm gets enough people's attention and we see some liquidity. :)
Read the news in the AM. I had a feeling Brian had something up his sleeve when he took over. Of course, there will be no need for a new IR firm if they were not going to do something major near term.
All that said, things are lining up, we may see limited action until JNS actually collects the order, but as SB said, knowing JNS and the Howe family and how they have operated over the last two years, they don't say things frivolously, and I fully expect this deal to go through.
But for newcomers, this looks like a PR stating the possibility rather than actually acquiring new business, and so this will put the company on their radar, but they wait for confirmation to jump in. Just my feeling.
I on the other hand am trying to free up some more funds to see if I can get some more cheap shares at these levels before the confirmation comes in 2 weeks. This is a good time to be a JNS shareholder.. the next few weeks are going to be fun!
I don't think these low prices will last for long. With volume and more news/numbers we'll be back to 0.02 in no time. There are not a lot of shares at these levels as we spent most of our active trading time last year in the 0.02+ range.
I feel the sells we are seeing are just some impatient long holders, taking their money elsewhere as the market in general is looking very bullish now. So, they feel the money will grow elsewhere right now and in the short term that may be true. (depends on how quickly the company moves to replace the CEO and how soon the new CEO starts making changes). I choose to keep my money here as I feel at the end of 2013, this investment will beat out any index out there by a margin. GLTA!
Ah, got it. Agreed, its good news either way that the new company will either make the payments or will be more prompt in making future payments. :)
I'm excited to see who's taking over and what they will bring to this already stable and profitable company! Good times for longs ahead indeed..
I think that was a great PR to summarize the inactivity that was seen over the last few months. Its good to state that progress regarding the charging station work was not substantial because of the change in management and that city officials are working to rectify it. Also,
I did notice a statement 'lack of payment' which I interpreted as payment not received for work already done. The choice of words seemed to indicate that there might be a payment out for this sometime later this year.
Jean has been remarkably honest and transparent in her stay at JNS providing the stable platform it needs to start growth. So, although I'm sad to see her leave (Good luck with everything!), it'll be great to get a CEO that has a vision to elevate the company to the next level in terms of exposure (running a public company) and increasing S/P (shareholder value).
As I had said in my earlier note, a new IR firm would not be hired out of the blue if there weren't any news or impending announcements. I think this is a start of new PRs and updates from the company, and I'm excited to see where this takes us. :)
I believe you are misinterpreting the word retain. In legal parlance, retain just means engage the services of a team via a payment. It does not mean continue to keep (as in, a possession).
Definition (6) shown below is what applies:
retain [r?'te?n]
vb (tr)
1. to keep in one's possession
2. to be able to hold or contain soil that retains water
3. (of a person) to be able to remember (information, facts, etc.) without difficulty
4. to hold in position
5. to keep for one's future use, as by paying a retainer or nominal charge to retain one's rooms for the holidays
6. (Law) Law to engage the services of (a barrister) by payment of a preliminary fee
I have been a shareholder here for longer than I can remember, and I don't ever recall them hiring this IR firm. So, this is new and I believe a sign of things to come as they may have announcements that they want to communicate in an orderly manner.
This is indeed great news. No company is going to hire an IR firm if they did not have some plans to communicate over the coming months. I feel they understand that they have done a poor job so far in representing the company to the investing community at large. This is a step in the right direction by a company which believes its undervalued, which it is.
I can't wait to see what they have to communicate.. :)
I picked up 120K and am looking for more if it stays this low. I'd say reporting news itself is a good thing. If the numbers were not as high as expected it may be due to various reasons like clients going through transitions, slow-down due to elections (most energy companies go through a period of uncertainty when there may be policy changes) etc.
In any case, with the improving economy, and no-change (stability) after the elections, I think JNS will return back to its peak before April/May of 2013. I can wait until then to cash out my 300% gains at least. :)
Agreed. A transparent company that produces profit, has a low float, does buybacks, good management, have been reporting fins (good or bad) over the past 8 quarters.. don't think you'll find many such companies in pinky-land. Its a no-brainer to me and I'll be picking up some shares at these levels. Its an easy 100% ride up from here to the base of 0.02 where it belongs.
-Eagle
There has been heavy trading in the past in the 0.02 to 0.025 range. So at the very least 0.02 should be the new base once there is any real traffic.
There might be minor turbulence (if there is not enough volume to blow past it) at about 0.025 as we might see some people take out their minor gains, but the majority of the shares are with longs who will know that the rocket is back on track for days in the 0.03s and higher.
Even during the quiet period the T/A updates and transparency still continues, which I still must admit is surprising for a company in the pinks.
On the upside, I'd like to see what this stock would do if they announce they are uplisting. They have been producing audited financials for more than a year now. I have a feeling with the focus on clean energy in the next 4 years, it may be time for the company to start being more visible and increase its worth and value.
I'll have to second CP. There are no red-flags that I can see. They are pretty transparent an up-to-date when it comes to share structure, and for the past 6 quarters have a net-positive income (read profits).
With the re-election of President Obama, I expect the rebates towards green/clean energy to continue and we could have another 4 years of increasing installations and business.
I won't take a quiet time from them to mean no business. They are erratic in their PRs probably because they are still trying to figure out how to run a public company. But, from a business pov, they are doing a great job given the circumstances and I look for them to turn in another profitable year.
I will continue to pick up cheap shares whenever possible. Look for us to be back testing 0.03 when we get a couple of updates.
Its good to see some things are still very transparent with the company.
I only wish they would be more clear on their current projects and future ones. I still believe they have things in the works and we'll be alright in the long run.
Hopefully this is the start of some more steady communication from the company.
I picked some up this morning. Still believe in the company, though I think they have their hands full with all the current projects and acquiring new ones.
A small company growing slowly but surely. I feel two years of solid, positive growth will be a platform for better things (read up-listing) to coming.
Still long and strong.. :)
0.031 Great close. Closed on a 52-week EOD high. It'll be nice to get a burst of high volume sometime soon.
The average volume over the last 10 days is close to 880K. I feel this is building up to something big. I'm looking forward to a juicy PR from Jean in the coming days.
JNSH is at its 52 week high right now and has been hovering around this for the past week or so. What makes you think there are more sellers here than buyers ?
100% returns in 3 1/2 months is no smoke and mirrors. :)
Most feel it will go another 100% in the next few months, hence the hold and NO SELLERS! :)
A dead play ? no; a slow play ? yes.
Without any promotion or fanfare or fluff PRs, this is not going to double/triple in 1 week or two as you would expect. This is quite unlike any 'plays' in pennyland.
It takes a company lots of planning and a little bit of time to grow into a stable, legit, profitable company. The fact that the S/P has doubled since the symbol change is a cool 100% return in just 4 months. That cannot be a dead play.
Again, if there was no scope for the S/P to rise from here, most would be selling and heading for the doors. That's not happening in a hurry here, which means most people understand the value here and are waiting for Jean's next step and are fairly confident (based on the past record) that its going to be a step in the right direction.
I know it can be frustrating to just sit and watch the paint dry, but with JNSH, patience is key. I feel in the coming weeks we'll get news regarding Q2 or the projects they are currently working on, which will get the train moving again.