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 was a little disappointed at the very dry PR. A little more meat would have been good. No explanations about the share structure. I agree with Rig that the EPS is the main thing but the additional increase in OS is welllllll uncomfortable.
Anybody watching FRPT?
GOLD PLAY CGLD....CGLD I found this post on the yahoo board. I havent had the time to DD it but it looks interesting.....Lets do a bit of bar napkin scribbling with what we know about CGLD.
In Qtr ended Oct31 they sold 9194 oz/au at an average price of $710 for net sales of $6,526,000. They posted net income of $1,747,000 or $0.01/share.
http://www.capitalgoldcorp.com/press-rel...
In the current Qtr they have sold 7200 oz at average $816 price/oz.
Let us forecast full Qtr production in a range from 10,200oz to 11,400oz and guess at selling price between $816 and $856/oz for the full quarter.
Cost of production probably increased but lets use the last quarter number of $239/oz.
http://www.capitalgoldcorp.com/press-rel...
Net sales for the current quarter should run between $8,323,200 and $9,758,400.
Last quarter net sales $6,526,000 minus $2,197,366(9194 x 239) minus the $2,581,634 ( all the other expenses) gave us the net $1,747,000.
Let us use the projected revenue numbers with the production costs from last quarter. I know that does not really work, but hell, this is the bullish case!
Low sale number $8,323,200 minus $2,437,800 ($10,200 x 239)
minus that $2,581,634 equals net income of $3,303,760 or $0.19/share.
High sale number $9,758,400 minus $2,724,600 ($11,400 x 239) minus that questionable $2,581,634 gives us $4,452,166 which divided by 174,243,626 equals $0.25/share.
$0.19 x 8 = $1.52
$0.25 x 20 = $5.00
Ok, that is the bullish case. A bit unrealistic perhaps.
Who cares to chime in with corrections or best guesses for production cost increases as well as changes in share count, administrative cost, taxes and the like?
I think we are overdue for some real news.
CGLD I found this post on yahoo . ......I havent had the time to DD it but it looks interesting.....Lets do a bit of bar napkin scribbling with what we know about CGLD.
In Qtr ended Oct31 they sold 9194 oz/au at an average price of $710 for net sales of $6,526,000. They posted net income of $1,747,000 or $0.01/share.
http://www.capitalgoldcorp.com/press-rel...
In the current Qtr they have sold 7200 oz at average $816 price/oz.
Let us forecast full Qtr production in a range from 10,200oz to 11,400oz and guess at selling price between $816 and $856/oz for the full quarter.
Cost of production probably increased but lets use the last quarter number of $239/oz.
http://www.capitalgoldcorp.com/press-rel...
Net sales for the current quarter should run between $8,323,200 and $9,758,400.
Last quarter net sales $6,526,000 minus $2,197,366(9194 x 239) minus the $2,581,634 ( all the other expenses) gave us the net $1,747,000.
Let us use the projected revenue numbers with the production costs from last quarter. I know that does not really work, but hell, this is the bullish case!
Low sale number $8,323,200 minus $2,437,800 ($10,200 x 239)
minus that $2,581,634 equals net income of $3,303,760 or $0.19/share.
High sale number $9,758,400 minus $2,724,600 ($11,400 x 239) minus that questionable $2,581,634 gives us $4,452,166 which divided by 174,243,626 equals $0.25/share.
$0.19 x 8 = $1.52
$0.25 x 20 = $5.00
Ok, that is the bullish case. A bit unrealistic perhaps.
Who cares to chime in with corrections or best guesses for production cost increases as well as changes in share count, administrative cost, taxes and the like?
CGLD I found this post on the yahoo board. I havent had the time to DD it but it looks interesting.....Lets do a bit of bar napkin scribbling with what we know about CGLD.
In Qtr ended Oct31 they sold 9194 oz/au at an average price of $710 for net sales of $6,526,000. They posted net income of $1,747,000 or $0.01/share.
http://www.capitalgoldcorp.com/press-rel...
In the current Qtr they have sold 7200 oz at average $816 price/oz.
Let us forecast full Qtr production in a range from 10,200oz to 11,400oz and guess at selling price between $816 and $856/oz for the full quarter.
Cost of production probably increased but lets use the last quarter number of $239/oz.
http://www.capitalgoldcorp.com/press-rel...
Net sales for the current quarter should run between $8,323,200 and $9,758,400.
Last quarter net sales $6,526,000 minus $2,197,366(9194 x 239) minus the $2,581,634 ( all the other expenses) gave us the net $1,747,000.
Let us use the projected revenue numbers with the production costs from last quarter. I know that does not really work, but hell, this is the bullish case!
Low sale number $8,323,200 minus $2,437,800 ($10,200 x 239)
minus that $2,581,634 equals net income of $3,303,760 or $0.19/share.
High sale number $9,758,400 minus $2,724,600 ($11,400 x 239) minus that questionable $2,581,634 gives us $4,452,166 which divided by 174,243,626 equals $0.25/share.
$0.19 x 8 = $1.52
$0.25 x 20 = $5.00
Ok, that is the bullish case. A bit unrealistic perhaps.
Who cares to chime in with corrections or best guesses for production cost increases as well as changes in share count, administrative cost, taxes and the like?
I hope u are right. If we dont get some kind of a PR or something in looks like we are going to sink again back to dollar land.
Theres a lot more news to come. Hold and wait a little longer.
Im sure whatever happend will be covered by the company news releases. In lew of financing it may have been needed.
Did SOYO add an extra 10 million shares ? Dutton report reads like on a diluted basis there are 59 million shares out?58,591,295 to be exact. HHHHMMMMMMMM
At least the sells have been small. Just penny traders. Now is a nice time to add before all the PR's likely will hit.
At this rate we will be be back below a buck soon.SHEEEZ.
Thats incredible. That's a great start.
SOYO is determined to get the word out and they will do it. We can expect some good PR's coming up that will paint a clearer picture but I believe they are dead set on reaching the $2 mark and the AMEX listing.
SOYO Dutton Associates Announces Investment Opinion: Soyo Group Strong Speculative Buy Rating In Initiating Coverage By Dutton Associates
Monday January 7, 12:00 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates initiates coverage of Soyo Group (OTCBB:SOYO - News) with a Strong Speculative Buy rating and a $2.20 price target. The 20-page report by Dutton senior analyst Paul J. Resnik, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
Soyo Group Inc. has proven its ability to source and successfully distribute quality consumer electronics products using its own brand names, Soyo and Prive. Its products are now sold in major retailers throughout the United States and Canada. We estimate that the Company achieved a 75% gain in revenues in 2007 and moved from marginal profitability to comfortably in the black. On this basis alone, the shares would appear reasonably valued. However, the Company is now embarking on a new venture that we believe will support sustainable growth, profitability, and greater visibility for the Company. Starting in 2008, Soyo will be distributing consumer electronics under the Honeywell brand name. We believe this licensing agreement will open top tier consumer product markets to the Company. We estimate the Company earned fully diluted earnings per share of $0.07 in 2007 (versus $0.01 in 2006) and project EPS of $0.13 in 2008. At the current price, the shares are trading at just 8 times our 2008 estimate. We believe that the Company’s potential to achieve rapid growth in coming years warrants a much higher price/earnings multiple for the shares. Based on valuations in Soyo’s industries, we believe a 17x multiple is a reasonable, if not conservative, valuation for the shares. On this basis we generate a price target of $2.20 based on our 2008 earnings estimate. This represents a better than 70% gain in the price from current levels.
SOYO Dutton Associates Announces Investment Opinion: Soyo Group Strong Speculative Buy Rating In Initiating Coverage By Dutton Associates
Monday January 7, 12:00 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates initiates coverage of Soyo Group (OTCBB:SOYO - News) with a Strong Speculative Buy rating and a $2.20 price target. The 20-page report by Dutton senior analyst Paul J. Resnik, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
ADVERTISEMENT
Soyo Group Inc. has proven its ability to source and successfully distribute quality consumer electronics products using its own brand names, Soyo and Prive. Its products are now sold in major retailers throughout the United States and Canada. We estimate that the Company achieved a 75% gain in revenues in 2007 and moved from marginal profitability to comfortably in the black. On this basis alone, the shares would appear reasonably valued. However, the Company is now embarking on a new venture that we believe will support sustainable growth, profitability, and greater visibility for the Company. Starting in 2008, Soyo will be distributing consumer electronics under the Honeywell brand name. We believe this licensing agreement will open top tier consumer product markets to the Company. We estimate the Company earned fully diluted earnings per share of $0.07 in 2007 (versus $0.01 in 2006) and project EPS of $0.13 in 2008. At the current price, the shares are trading at just 8 times our 2008 estimate. We believe that the Company’s potential to achieve rapid growth in coming years warrants a much higher price/earnings multiple for the shares. Based on valuations in Soyo’s industries, we believe a 17x multiple is a reasonable, if not conservative, valuation for the shares. On this basis we generate a price target of $2.20 based on our 2008 earnings estimate. This represents a better than 70% gain in the price from current levels.
They are projecting .13 for 2008 at a 17 P/E For a
$2.20 value.Sounds a shade conservative for a high growth stock.
Gates bids farewell to tech gathering
By Dan Gallagher, MarketWatch
Last update: 11:46 p.m. EST Jan. 6, 2008Print E-mail RSS Disable Live Quotes
LAS VEGAS (MarketWatch) -- Bill Gates took the opportunity in his latest keynote address at the annual Consumer Electronics Show on Sunday to bid an early farewell to the industry.
The co-founder and chairman of Microsoft Corp. (MSFT:Microsoft Corporation
(MSFT) has delivered the opening keynote for CES for the last eight consecutive years. But as he already plans to step down from day-to-day involvement at the software giant this summer, Gates indicated that this will also be his last year kicking off the annual high-tech extravaganza.
"This will be the first time since I was 17 that I haven't had my full time job at Microsoft, Gates said of his pending retirement, adding that he has mixed feelings about the move.
Gates also used the speech to outline his vision for the future of consumer technology, noting that advances in areas such as connectivity, user interface and high-definition video and audio will be the main driving forces for the sector in the next 10 years.
"The first digital decade has been a great success," he said of the past 10 years. "The second digital decade will be more focused on connecting people. It will be more user-centric."
In particular, he predicted that a key element in the next decade will be "natural-user interface," in which consumers interface with their devices in more natural ways. He even mentioned the iPhone - the iconic touch-screen wireless phone introduced last year by longtime Microsoft rival Apple Inc. as a key development in that area, and predicted that touch-screen and voice commands will play a much larger role in future electronics devices.
"This is the area that people underestimate the most," he said of natural-user interface. "But the reaction to these natural interfaces has been very strong."
The address, however, didn't feature the same level of high-profile debuts as in years past, which have showcased notable product developments such as Windows Vista and the Xbox - Microsoft's entry into the video game market.
Instead, Gates and fellow Microsoft officers announced partnerships with a wide-array of partners ranging from Ford Motor Co. to television networks such as General Electric's .
Dan Gallagher is MarketWatch's technology editor, based in San Francisco.
http://www.marketwatch.com/news/story/gates-bids-farewell-tech-gathering/story.aspx?guid=%7BF2083B3C%2D8F71%2D414B%2DB716%2D02B30BFA9BC7%7D
Anybody got a broom and a dustpan?
Well thats sort of a broad stroke of the pen but there will always be a market for top quality high end products.If Honeywell shows itself to be as good as I hope then it will sell.The three main accomplishments that I am looking at for 2008 are higher margins, AMEX listing and big box distribution networks.Since the float is rather limited it has good potential once it gets noticed.
I am hoping that the Honeywell introduction to some big box retailers will open the door for SOYO products as well. First things first. Once they get on the AMEX I would say the sky is the limit.
SOYO CES trade show 7th - 10th. Also looking for interesting action and updated earnings + projections. Should provide some added octane.
test
SOYO doesnt need "lucrative investment"s they need cash for their own financing needs.
So much for the voip sale helping SOYO's own financing needs. JEEZ what a waste.
SOYO looks strong in a terrible market. There is always a bull market somewhere. Booyah.
how high must it go for you to be mortgage free.
Are we having fun yet? The market has been on a nose dive and SOYO is up over 25% from recent lows. Booyah
FWIW This has probably already been posted before but its still good info https://myces.bdmetrics.com/Portal/ViewCompany.aspx?id=4318753
SOYO is the highest rated one with a legitimate looking chart. Others you have ranked higher just had price spikes for a sec then right back down. At least SOYO has SOME kind of staying power for more than one trade to spike the stock.
I like your walk away for a year strategy. Thats what Im doing with SOYO too.
SOYO 1.15 +.10 starting to run. Charts look good.
1.15
SOYO 1.11 x 1.15
SOYO 1.11 x 1.15
Anybody hear anything on whether they have any potential buyers for the VOIP division or not?
Also nice volume early in the day. This could be starting its run up to the CES show and likely massive news releases.Big push for the AMEX IMO. $2 not far away.
SOYO beginning to run again.
SOYO was last seen tied to a chair and getting her ask slapped.
SOYO Looks like lots are hitting the ask.Maybe we will see 1.30's before the start of the CES show.When she lights up everybody chases.