Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have no shares and no intention of buying it: I can be objective and no need to brown nose anyone!
Based on what we had with the latest ER:
The revenue was so low,not much of a brand;
The company expense was out-of-control relative to revenue;
Revenue is not likely to go above $1.00 million any time soon,minimum to break even;
Fractured management:Insider selling of big volume and no buyers,a recipe for disaster;
No fundamental;
Shares from big dilution;
Company is broke and no cash;
............
............
BK soon???
ps-"Houston,We have a problem....." Apollo 13
I hope HJOE has explosive growth NOW(real,not perception) to pull it out of the rot SOON,else it will break $0.07 support..................
From a "J.W. Roth" Watcher..............
He left a trail of broken hearts and shrinking wallets,nothing changed since 2006!! I believe MC will be back down to less than $3.0 million and no liquidity between 2013-2015.
ps- This nano stock is not for the fainted heart.
Don't see djrt.......
On LD Micro Conference attendees' list for next week: company back off??
My flagship back in 2005-2006 and got out before it blew up....
I think someone may be interested in this shell company...Cheap with MC below $80K...a good bet???
New lows.....
I smell blood and it turns me ON. We have a window of buying opportunities opening up,a likely multi-bagger in 5 years!
"Be fearful when others are greedy;be greedy when others are FEARFUL" Warren Buffet
More bloody days ahead?? ..........
Since Oct 1,this Jr. iron ore miner,Labrador(LIM.TO),dropped from $1.00 down to $0.58,a 52 week low from a yearly high of $7.50 and an all time high of $14.00!!
Is this a better iron ore play than AYSI at $0.55 pps??
At $0.50 pps??
At $0.45 pps??
"Be fearful when others are greedy;be greedy when others are fearful!" Warren Buffet
9 times the average volume today,as investors jammed the exiting door,believed this stock is a "roller coaster ride to hell": FEARFUL and TOTALLY LOST IT!
"Double loop coaster ride" next leg:
Dilution to raise $30.0 million...........for the old shareholders,I can feel your PAIN!!
Upside:
A mult-baggar in the work????
This stock is highly recommended by King World News and it seems very cheap at a 4-year lows. The latest ER indicates the company has about only $4.0 million cash reserve,barely enough to cover the current Q,will it dilute shares and pps dropped even lower?? Your comments are welcome.
ps-I'm a scavenger buyer,low of the lows,and picking the cutest Zombies company and sit on it for few years,is my thing.
Numbers,numbers,and numbers from the 3Q 2012:
Net loss was $400K;
Payable was $463K;
Gross was $142K;
Marketing expense and SG&A was 3.8 times the gross profit;
Cash and A/R was $154K;
........
........
Or
This company needs an infusion of $2 million dollars ASAP!! Or issuance of 50+ million shares of stock is inevitable.......
Risk: Its MC increased from $5 to $20 million during the reverse merger and out of thin air! Silver lining: The fundamentals were so bad,JW Roth have not had the chance to "pump(done) and dump"!
ps-I have no stake and would not touch this baby with a 100' pole.
A bloody day..........
Since Oct 1,this Jr. iron ore miner,Labrador(LIM.TO),dropped from $1.00 down to $0.67,a 52 week low from a yearly high of $7.50!!
Is this a better iron ore play than AYSI at $0.60 pps??
At $0.50 pps??
At $0.40 pps??
"Be fearful when others are greedy;be greedy when others are fearful!" Warren Buffet
ps-I smell blood and it turns me on. I'm a scavenger buyer,low of the lows,and not picky who's dead body I snatch!
Importance of $120.00 ore price to a Jr. miner......
http://www.gowebcasting.com/events/labrador-iron-mines-holdings-limited/2012/11/15/labrador-iron-mines-q2-conference-call-and-webcast/play/stream/6353
Last investor in the Q/A most likely a disgruntled shareholder and had the rug pulled under him,with his losses easily topped more than 75%! The bottom line: This is a commodity-price-dependent business,the price change CUTS BOTH WAYS!! And this stock is likely to go lower than $0.70 soon.
ps-"Spot price" do not have the same meaning,if you are a small producer,in a downward iron ore market!!OOOOuuuccchhhhhhh.....
Well done Tim..................
This baby just had a net income of $98K for the 3Q!!!
http://www.sec.gov/Archives/edgar/data/1094032/000101489712000377/dalejarrett10q3q12v1.htm
Like your work and plan to pickup some later!Thanks.
Supply side trends and projections by an expert.....
"Following the slump in prices from June to September 2012, Roskill expects prices to remain above US$120/t cfr for 63.5% Fe content Indian fines until the end of 2014, while a restocking phase may push prices towards US$135/t during 2013, although large fluctuations are not unlikely. As new capacity comes on-stream, the industry's price floor will gradually drop and Roskill expects that the US$100/t price level will be repeatedly tested and eventually broken towards 2015. In its baseline scenario, and adjusting for inflation, Roskill expects that prices may trend towards US$85 to US$95/t during 2016 to 2020..."
http://www.heraldonline.com/2012/11/14/4415222/iron-ore-industry-to-remain-turbulent.html
ps-"Death trap" or "ten-bagger" at work?? WE ARE LIVING IN AN EXCITING TIMES,a reverse of the "Super Cycle," a CHANGE where BIG $$$$$$$$$ can be had as FEAR overtaken most investors.For the survivors,time again to prove you got a STEEL STOMACH and ready to take advantage of the FEARFUL!!
"lucky if we still have 50% of the asset value we have today........"
http://dailybail.com/home/faber-the-great-reset-is-coming.html
ps-LIM.TO is down 90%+,too much even for this hardened-penny-stock-scavenger;and is it a confirmation of his predicted ongoing "RESET"?? CASH IS KING!!
Since Oct 1,this Jr. iron ore miner,Labrador(LIM.TO),dropped from $1.00 down to $0.79,a 52 week low from a yearly high of $7.50!!
Is this a better iron ore play than AYSI at $0.80 pps??
At $0.70 pps??
At $0.60 pps,same as aysi??
Valuation of marginal iron-ore related enterprises are down in the dumps,down more than 90%+ vs 80% for aysi from all time high: Is aysi overvalued vs LIM.TO?? Adjusted for Form 15-12g ,"Indonesia setback," and deteriorating macro,I believe so.
ps-When Gary Schilling recommends 30 year US Treasury,watch out!! 60% chance we are in a DEP#%@@ION now and commodity related stocks are the most vulnerable,as we fallen into "Japanese lost decades"!!
"beggar can't be chooser".....
It was a business decision by the big track: 30 some days was a pittance vs RP's 150 days!! I believe Tim has had no control over this "blowout," djrt was a rookie here and simply had no volume to speak of;again,as an underdog,Tim must keep his cool and stay focused;and "eyes on the ball" on growing the volume,how ever difficult,and continue the unfinished strategic move leveraging the djrt platform and brand:
1. Securing an alternative viable 2nd hub,while keeping SG&A below 55%;
2. Double digit revenue growth,a must,through cost effective marketing;
3. "Penny pinching"......
Bottom line:
2013: 70 - 80 days;$40K per day is needed for pps;
2014: 80 - 100 days;$45K per day is needed for pps;
2015: 100 and up;$50K per day is needed for pps.
Under "pressure cooker":
djrt: man or Jr?
A bad day...........
Try to sign up for a class in Las Vegas and learned from the operator that there was no djrt classes for 2013,"the other company has the exclusive,".......
Agreed.I was hoping the net income is above $350K,thus maintaining the momentum. The "issue" is the $680K SG&A,which is $200K higher than my expectation.Again,we had been here before in 2010/2011,and the question to ask "Is this delta for future growth or bloated overhead??" I believe it is for the growth and,if not,ICS most likely need a "step-father(60% only) to son talk" soon to reign in cost.
Another victim as capitulation continues...
Since Oct 1,this Jr. iron ore miner,Labrador(LIM.TO),dropped from $1.00 down to $0.89,a 52 week low from a yearly high of $7.50!!
Is this a better iron ore play than AYSI at $0.90 pps??
At $0.80 pps??
At $0.70 pps??
Valuation of marginal iron-ore related enterprises are down in the dumps,down more than 90%+ vs 80% for aysi: Is aysi overvalued?? Adjusted for Form 15-12g and "Indonesia setback," I believe so.
"Wall Street has come to perceive that while currencies and debt markets may not be as lucrative as they once were, arable land and fresh water will possess value going forward. It would be nice to think that buying local and organic will solve the problem—and yes, my family frequents the local green market. But the global food crisis can only be solved if we get the bankers out of the system and begin to regulate the $648 trillion global-derivatives business that has made food into a speculative buy." From the author of the book "Bet the Farm"
http://harpers.org/blog/2012/10/bet-the-farm-six-questions-for-frederick-kaufman/
WFCF will release its 2012 third quarter financial results before the market opens on Monday, November 5, 2012, and conduct a conference call and webcast the same day at 9:30 a.m. Mountain Time (11:30 a.m. Eastern time).
The call-in numbers for the conference call:
Domestic Toll Free: 1-877-941-9205
International: 1-480-629-9771
Conference Code: 4573683
http://finance.yahoo.com/news/integrated-management-information-imi-global-110000779.html
Golden rule saved my wallet from shrinking,again and again,investing in the land of the "Zombie graveyard stocks": walk away from stock with DILUTION of more than 3% per year.
BBDA's "out of control" issurance of shares violated my RULE.Thanks but no thanks!
Your favorite quote,a keeper........
"A CEO's regard for his shareholders is inversely proportional to the size of the lies he has convinced them to believe."
http://investorshub.advfn.com/boards/profilea.aspx?user=26237
For you,the glass is full!! For me,the glass cracked few years back,a trading stock at best until the Form 15-12g.
"However, as the Company has explored all available mainstream financial channels since 2010 without success....." Barry Woodhouse,CFO.
Emperor's big plan is CRUSHED FOR GOOD,will he come down to earth and write off Indonesia mess,first step toward restructuring,and then RESIGN?? Or continuously SUCKING more blood out of this stricken-lap-dog on its last leg??
What we have in a nut shell for the past years:
A selfish and egotistic old man in denial;
Mesmerized by his own lies and rational;
All his close buddies have moved on and financially ruin;
Empowered by his own believe "I can buy and own you";
Sustainability of his tribes is based on easy/your money;
BIGGEST LIE just popped;
Anyone knew better,would not touch him with a 10 ft pole;
.............
.............
Insolvency coming!!
Upside for investors:
Gene is out for good,NO MORE FAKING HE WAS OUT like the last time;
Lifting of Form 15-12g;
................
Downside for investors:
Irreversible damage done and TOO LATE.
Ask 0.62/147,971.....
"..the construction of this facility will be slowed considerably until a suitable financing plan has been completed...."
Gene is "prudently" out of money and his BIGGEST project is "dead on" in the Indian Ocean! The ex-CFO saw this was coming and left the company,only few years back,and now BIG SH*T expected for AYSI only just starting!! I'll bet shares for sale are in the millions and there are just not enough takers,if any serious buyers at all, as it go into a SLOW MOTION TRAIN WRECK!!!
ps-My guess is 2-3Q,from the 3-4Q,before it becomes a sacrificial "turkey",66% chance likely.
""..Welcome to the "recovery" in which there is no inflation, unless you dare to eat, and where cash flow grow on Magic Money Trees (MMT), reaching everywhere but where it is supposed to. Oh, and where the government creates wealth. Lots and lots of wealth....""
http://www.zerohedge.com/news/2012-10-25/iconic-ny-steakhouse-gallaghers-which-survived-great-depression-closing
ps-As Americans eat less and less quality meat,the US meat export to the world's riches just keep on getting better: A replay of the Irish famine in "high-end protein," a new normal for the down-and-out Americans!!
"..on Thursday rose to $120.50 a tonne....."
http://www.ft.com/cms/s/0/fb21b9e8-1eb6-11e2-b906-00144feabdc0.html#axzz2AMWAmV35
Trillion dollar question: Will it hold?? Structural or cyclical issue in China?? Is it time for contrarian bets on the next likely 10-baggars?? "Rags to riches" or "down and out" in a single throw of dice;"smell of blood" and "love of money" are a BIG TURN ON!! We are living in a gamblers paradise!!
ps-I'm biased a bit more toward potash than iron ore Jr. miners,both are tied to China BIG TIME.
Ask 0.62/147,971......
3 weeks and counting,and no taker!
Vale and Cliffs Resources:Profit Slides on Lower Iron Ore Prices...
"Vale, the world's largest producer and exporter of iron ore and iron pellets, reported a third-quarter net profit of $1.67 billion, down sharply from $4.94 billion in the same quarter a year ago and below analyst forecasts for a $1.8 billion profit..."
http://www.foxbusiness.com/news/2012/10/24/brazil-miner-vale-3rd-quarter-profit-slides-on-lower-iron-ore-prices/
"Cliffs Natural Resources Inc the largest North American producer of iron ore pellets used in steelmaking, posted an 85 percent drop in profit on lower iron ore prices and higher costs..."
http://www.reuters.com/article/2012/10/24/cliffs-results-idUSL3E8LO7X120121024
ArcelorMittal uses iron ore to dodge the junkyard
Quentin Webb / October 22, 2012, 0:55 IST
ArcelorMittal is relying on iron ore to help dodge the junkyard. A rights issue would keep the credit-rating agencies at bay, but that would be painful. So the financially creaky metals giant needs to sell assets, for example a minority stake in its Canadian iron-ore operations.
Weak steel demand, soft prices and poor profits have already led Standard & Poor’s to cut the world’s biggest steelmaker’s rating to “junk”. Rival Moody’s warns it could follow suit - unless Arcelor trims its $32.8 billion of gross debts by about another $5 billion sharpish.
Having already agreed disposals worth nearly $2.7 billion, Arcelor is running out of easy levers to pull. Selling a stake in ArcelorMittal Mines Canada could be one way forward. Nothing is official yet, but reports suggest an Asian steelmaker could buy into AMMC, which Arcelor inherited in 2006 as part of its purchase of Dofasco, an Ontario-based competitor.
Following a big expansion programme, AMMC should generate Ebitda of about $1.36 billion, Morgan Stanley reckons. So, a one-third stake, valued at perhaps five times Ebitda , would go for about $2.25 billion. That, plus some smaller disposals and financial tweaks using hybrid bonds and subsidiary financing, could be enough to keep Moody’s at bay.
An iron ore sale would represent a small strategic reversal. Arcelor says having an in-house supply of its main raw material brings extra growth and helps counter volatile raw material costs. But this deal would reduce Arcelor’s self-sufficiency, since any new investor would probably claim a share of production. It could also slow decision-making over AMMC. Still, a partner would presumably reduce the financial strain of funding future expansion, and Arcelor’s over-arching plan - churn out more iron ore - remains intact.
All told, then, this may be a clumsy workaround. But the main alternative, a rights issue, looks nastier. In general, cash calls are out of favour with equity investors. The controlling Mittal family would probably rather not relive the 2009 capital-raising, which diluted their holding slightly to 41 per cent. And, compared to historical valuation multiples, Arcelor shares already look cheap, even before any rights issue discount.
Thanks for the correction.And if I may add,JW Roth and company are "NO PUSH OVER," expect "ransom" or litigation for breach of agreement claim up to $5.0 million!
I'm impressed that you know the new people and their product well! Again,what I would watch is the "blow backs" from the disagreement disclosed in the 8K filing. Let's hope the new management has the "smarts" and "the balls" to fight off ex-chairman's strangle hold on the company,and it can steers clear of any shady characters in the future. I will be attending the LD Micro in Dec. and most likely to meet the new management and have a chance to ask them "What is the status of settlement on the disagreement between management and its ex-ceo/ex-chairman?" and I'll keep everyone posted.
From your source,I see "flags":
1. No signatures and no sign off;
2."Balance(of shares) as of June 30,2012 is 2,249,111,020 shares";
3. Dilution: addition of stocks averaged 400 million per Q,and accelerated to 600 million shares at the latest Q;
4. Meager sale of $8700,per day,for multiple companies vs. the claim "product is in Walmart and they're expanding their distribution in big ways."
...........
I believe perception,not reality,is driving the stock!!
What we have so far in a nut shell:
1 ACCM,before it goes bust,sold itself for $10,000 to a sucker;
2 Out of the thin air:MC went from $3 - $20 million dollars;
3 Shady characters are major shareholders and infighting just started among all players;
4 BBDA,a marginal character,is in the fold of the arms of ?????;
5 Unverifiable claim: "product is in Walmart and they're expanding their distribution in big ways."
................
Unless you can give me "real stuff," for your own sake,stock up and double up your Vaseline!! Or are you a pumper??
Disclosure-I have no shares as long as the "toxic characters" remain active.
I love to invest in a LOW RISK stock like this one! But I'm confused by the fact:
"No revenue" by the latest public filings vs your claim "product is in Walmart and they're expanding their distribution in big ways." Please straighten me out if you can and backup you claim. I thank you.
Bebida Beverage Company (BBDA):
http://finance.yahoo.com/q/is?s=BBDA
Another shell company coming back from the "Zombie Land" and claimed to be a distributor of the HJOE product! More shady parties are coming into the fold......will the new owner(only put down $10,000,not much skin in the game) starts to act like JW ROTH......be Vaseline ready!!
"About that $120 iron ore floor" FT
http://ftalphaville.ft.com/2012/07/31/1101731/about-that-120-iron-ore-floor/
"Why iron ore prices are rebounding" FT
http://ftalphaville.ft.com/2012/10/15/1202601/why-iron-ore-prices-are-rebounding/
ps-Iron ore and steel stocks: "value trap" for next decade???? I say 60% likely.
I think Tim must alienated some/many shareholders,due to his lackluster leadership and mediocre performance,in the past years(up to 2011),and his creditability tarnished BIG TIME ever since! The only way out and "win-win for everyone": unstuck EPS from REVERSE,move to "1st(penny) gear," so the pps can reach a speed of "$0.20+" soon!!
Incentives for Tim/management engaging in the "1st penny gear" challenge:
1. "All sins are forgiven";
2. Deliver promises made and "regain" reputation and creditability for him,management,"Dale Jarrett" brand;
3. Leadership position in the industry and make Jarrett's PROUD;
4. Chance to convert the 3.5 million,$0.15 pps options;and $0.525 million cash infusion,shoring up the balance sheet;
5. .......................
Again,I believe the management is focused,primed,disciplined,and has all the incentive not to "crash the stock into the wall," and well positioned to be the next BIG WINNER(out of the Zombie land) and resulting a likely MULTIPLE BAGGERS from present pps for its long awaited investors!!
DOWNSIDE RISK:
Revenue drop off back to $800K and -$0.02 annually for the future years;
Fatal accidents due to reckless management;
Lost of hub leases;
.............
There are more but all are "possible," not "probable".
Bottom line:
Next ER,66% chance eps is above expectation and drives the pps toward $0.10.
All quiet on the western front........
4 weeks before ER,any thoughts on the likely outcomes??
My guess(odds) on this baby
45%:
Revenue tops $1.09 million,net income $75K;
35%:
Revenue $1.02 million,net income $25K;
20%:
Revenue below $1.0 million,zero income.
Or
66% breakout toward $0.10 pps;
33% no breakout.
And,for the "low of the lows" gamblers like me
This may be the "best wager in 2012" among the "Zombies"!!
Disclaimer:
I have position and biased.I can be a seller/buyer anytime.I will dump if Dilution above 3%.