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i am wondering the same thing. I am also wondering if this pr is an attempt to allow barrons to get out with a larger profit.
With that said, pdge does appear to get more and more interesting over time. I originally saw this as a company that had some short term benefit from the hurricanes but the mold and lead treatment aspects could provide a great long term growth story. I will be interested to see if this proposed acquisition goes through.
msgi all joking aside. I took a look at pgh. It looks great. Excellent div and it looks like it is about to break out into "new high" territory.
msgi
yes but phg isnt charging me $300.00 a month to keep from freezing to death. LOL!
invetment idea for those inclined.
I received my gas bill today. $300.00. I figure these guys have to be making money hand over fist.
http://finance.yahoo.com/q?s=CIN&d=t
bigpike
What i do is reevaluate prior performance using the new o/s and if i see it happening too much i avoid.
congrats!
Short lived sell off.
jmih hqsm
Selling off right now.
I see a lot of red considering today is an up day for the broader markets.
skyrider
Im sorry but i dont know anything about dmxp. I am glad to see you came to visit us here at the value microcap board. I think if you stick around for a while you will find some great investment ideas. THere are numerous value micro stocks that will be reporting earnings soon. Nothing moves our value micros like a great earnings annc. I know your forte has been sub penney momo plays and there have been times when market activity has forced me into that arena but right now i am totally focused on undervalued stocks.
Just to give you an idea as to what is possible with value micros take a look at the following charts.(3 year chart should suffice)
tga, mdf, isac, trlg, tvin, strn, tcco, mgrp, strn, acrg, orfr just to name a few.
THere are many knowledgeable posters on this board to bounce ideas off of and i have learned a lot from them over the last couple of years.
So stick around for a while and take a longer term approach to your investments and hopefully market condidtions will continue to shine favorably on our little undervalued gems and we can all make a lot of money.
it looks like a strong close is in store for Ford.
THe symbol not Ford motor co.
current market conditions.
While they are not outstanding; the stocks with positive earnings announcements are seeing immediate appreciation. Hopefully this will continue in the coming weeks with a slew of value micros about to report earnings.
None from me.
I thought it would go lower this morning. I should have known there would be enough investors that took a look at it over the weekend to keep it from selling off too much. Congrats to those that are in the profit zone.
ford will be a great buy at $5.70 on monday.
I have only mentioned them about a thousand times.
Cgnw and tall.
It is definately a stock pickers market but i wouldnt say that anyone buying anything must be crazy. There are enough stocks out there trading at a forward p/e of 3 to illiminate the need to jump on stocks that are up 60% over the course of a couple of days.
wade i have been there before many times.
I learned the hard way not to buy when everyone else is buying.
The good news is these moves are often followed by a second wave and you may be able to make up your losses. I hope you do.
Good luck.
correction
Cash flow would improve by 222,101 per q taking it from negative 81,434 to positive $140,667. Sorry i misspoke.
cgnw
Lets assume they did dillute.
accrued liabilities $344,544
deferred commissions $511,200
total $855,744
Sell some shares 2.251957 mil shares would illiminate accrued liabilities and deferred commissions improving their balance sheet by $855,744.
Cash flow expenses from last q
accrued liabilites $ 99,554
deferred commssions $ 122,547
total $222,101
If they sold 2 1/4 mil shares and paid off debt the balance sheet would improve by $855,744 and cash flows would go from negative $222,101 to a positive $140,667.
Total shares o/s would be around 11,000,000. Meaning last q's eps would have been .021.
With the positive cash flow assets would increase by $140,667 per q and they would be in positive equity in only a couple of q's.
So how much would a stock be worth that made .084 eps per year with positive cash flow of $562,000 per year and a positive balance sheet?
THis is all based on no improvement. No further reduction in expenses and no increases in revs. Both of which the ceo has promissed to do. Do i believe every otc ceo that says they are going to increase revs and cut expenses and increase shareholder value? No but when one says it after he cut expenses by 35% and introduced 4 new products it does get my attention.
So why doesnt management do that? Whay dont they sell 2 1/4 mil shares and completely change the cash flows and balance sheet. Because they dont dillute and they believe they can eliminate the debt by growing revs and decreasing expenses is my guess.
Call it an academic exercise if you want. I call it doing d/d and trying to figure out the true value of the stock.
wade
They are on a current burn rate of 83K per q based on eps of .027. If eps increases which i believe it will, anything over .036 will be positive cash flow. If they are not able to hit that level anything over .027 will reduce the burn rate. If it is reduced enough to allow the current cash to last a few more q's the outstanding credit line will be paid off as well as the deferred comp paid to former employee then cash flows will increase by over 200k per q.
If they are not able to reduce the burn rate then they have an existing line of credit that they should be able to borrow from plus an additional line where they can borrow against receivables which should allow time to pay off defrred comp thus eliminating over 120,000 per q in negative cash flow.
worst case scenerio based on history with this co they authorize 500K shares in preferreds at 8% interest rate convertable at a much higher price .75 or $1.00. That would give them enough cash to fund operations long enough to pay off deferred comp and outstanding debt and would cost them $5,000 per q in divs ans till leave a very small o/s and not increae the float at all.
wade
They are on a current burn rate of 83K per q based on eps of .027. If eps increases which i believe it will, anything over .036 will be positive cash flow. If they are not able to hit that level anything over .027 will reduce the burn rate. If it is reduced enough to allow the current cash to last a few more q's the outstanding credit line will be paid off as well as the deferred comp paid to former employee then cash flows will increase by over 200k per q.
If they are not able to reduce the burn rate then they have an existing line of credit that they should be able to borrow from plus an additional line where they can borrow against receivables which should allow time to pay off defrred comp thus eliminating over 120,000 per q in negative cash flow.
worst case scenerio based on history with this co they authorize 500K shares in preferreds at 8% interest rate convertable at a much higher price .75 or $1.00. That would give them enough cash to fund operations long enough to pay off deferred comp and outstanding debt and would cost them $5,000 per q in divs ans till leave a very small o/s and not increae the float at all.
I dont put much faith in these websites but occaisionally they agree with my own sentiments.
http://quotes.barchart.com/texpert.asp?sym=cgnw
http://www.stockta.com/cgi-bin/analysis.pl?symb=CGNW&num1=1&cobrand=&mode=stock
http://www.americanbulls.com/StockPage.asp?CompanyTicker=CGNW&MarketTicker=OTC&TYP=S
whai
I like the guidance but this concerns me.
http://finance.yahoo.com/q/it?s=WHAI.OB
I have added it to my watch list anyway. 100 mil in assets also sounds pretty good.
tall
Moving just fine without an r/s but it will get one when it has a trailing p/e in the near future and i agree it will help the pps.
I dont know what it is about this chart that makes you believe it is nothing but a traders toy but so be it. The last surge took it to .036. I expect that to be taken out in the coming weeks.
http://stockcharts.com/def/servlet/SC.web?c=tall,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pr...
Rrainman
Tall is a value microcap believe it or not. As far as who found it. Who cares? It is a great stock that is undervalued and has been in a slow but steady uptrend for months and is continuing to grow revs and profits at an alarming rate.
more good news for tall
ActiveCore Technologies Announces The Acquisition of DisclosurePlus Inc.
Thursday , January 20, 2005 12:32 ET
TORONTO, Jan 20, 2005 (PRIMEZONE via COMTEX) --ActiveCore Technologies Inc., formerly IVP Technology Corporation (OTCBB:TALL), announced today it has entered into a definitive agreement to acquire the business of DisclosurePlus Inc., a Canadian private company. We anticipate the transaction will close early in the first quarter and add $2,000,000 USD to the Company's revenue in fiscal 2005.
DisclosurePlus provides publicly traded corporations with the foundation and tools to enhance the scope of corporate disclosure in line with a standardized regulatory compliant web based solution.
The current corporate securities legal climate has created an environment which requires public companies to more uniformly comply with disclosure to the public. DisclosurePlus brings for the first time continuity of corporate disclosure content through standardized iconology, consistently defined navigational parameters and an easy to use content management system deployed in real time and fully interactive on the client company's web site.
The DisclosurePlus model has been developed with strong feedback and support from Canadian Securities Regulators, financial, legal and insurance organizations, as well as investor relations professionals.
Recent recognition of the DisclosurePlus technology came in late 2004 when RIOCAN, Canada's largest Real Estate Investment Trust (REIT), won the Ontario Chamber of Commerce corporate governance award by using the DisclosurePlus product.
Peter Hamilton, President & CEO of ActiveCore stated, "The DisclosurePlus acquisition is a perfect fit and allows ActiveCore to fully deploy its business integration and corporate messaging product sets. This is a rare window of opportunity in corporate disclosure history where real change is occurring.
"There is a definitive and positive role we can play in shaping the future of good corporate disclosure, which will ultimately benefit investors and the capital markets. Our near future plans include introducing the technology to stock exchanges world wide and as a result restoring investor confidence in public companies, which has been eroded over the last several years."
Gord Sutton, CEO of DisclosurePlus and Sutton Integrated Solutions, credits his twenty years in corporate design and communications as his inspiration for the development of DisclosurePlus: "I am emboldened by the speed with which DisclosurePlus has been adopted by the corporate community and with the strong feedback and support I continue to receive from many of Canada's most influential CEO's and Investors alike."
Dean Peloso, former head of SEDAR, appointed President of DisclosurePlus, commented, "At DisclosurePlus we believe that better disclosure leads to better valuations and liquidity, obviously to the benefit of both current and future shareholders. ActiveCore's technology has proven to be the perfect vehicle for delivering DisclosurePlus' best of breed disclosure solution. We're proud to be joining the ActiveCore team of professionals."
Ultimately, it is anticipated the use of the standardized best practices that DisclosurePlus employs will evolve in the same way in which mandatory regulated use of EDGAR in the United States and SEDAR in Canada was adopted.
About DisclosurePlus, Inc. (www.DisclosurePlus.com)
DisclosurePlus, Inc. is a privately held Canadian Company specializing in the development of software and intellectual property which addresses the need of public companies to implement best practice disclosure as required by the various regulatory agencies.
About ActiveCore Technologies, Inc. (www.ActiveCore.com)
ActiveCore Technologies, Inc., formerly IVP Technology Corporation, operates a group of subsidiaries and divisions in the U.S., U.K. and Canada that offer a Smart Enterprise Suite of products and services. We integrate, enable, and extend functions performed by current and legacy IT systems and facilitate mass corporate messaging through our ActiveCast product set. Our products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. ActiveCore operates under the trade names of MDI Solutions, C Comm Communications Inc. and Twincentric Limited. ActiveCore services clients in healthcare, financial services, government and manufacturing
Tall is looking good also.
Another 600K profit could be enough to finally generate some interest especially now that they have a new product that should lead to further increases in the coming q's.
Well what do you know?
MM's post a bid of .35 and the ask at .37 disappears. I could have predicted that.
Cgnw!
arnie
Very interesting.
http://www.knobias.com/individual/public/news.htm?eid=3.1.3586ccac25c4a5174783317a45814b0d0600c9f90a...
I wonder if that 1 mil is included in their current cash or if this represents a potential increase in cash when insurance pays off.
It sounds like an employee was skimming over the course of years and it is possible maybe even likely that their current cash balance doesnt reflect the missing money.
trwright
last note on adgo.
Ignoring the book value which it appears investors always have.
Cash of .62 per share and assuming a loss of .03 in the coming quarter i believe a fair price for the stock would be $2.09.
Eps of .15 for the year at p/e of 10 plus the .59 cash after a .03 loss.
sorry trwright
It posted my last link. try this.
http://www.nasdaq.com/aspx/RevenueEPSSummary.aspx?mode=&page=&symbol=ADGO&symbol=&sy...
Trwright
I am not a golfer either. I have heard of the Ovations series and understand them to be quite popular. It is a great sector because golf appears to be increasing in popularity and even more important golfers appear to be willing to spend huge amounts of money on their toys. This is what is important to me. Look at the year over year improvement over the last few years and look at how they no longer lose money in the offseason.
http://stockcharts.com/def/servlet/SC.web?c=CGNW,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pr....
trwright
Adgo has been on my screener for a long time. They sell the popular ovation fairway woods amongst others. It has been stuck in a trading range for a long time but broke out recently and has now pulled back. Right now may be a good time to buy.
There are seasonality issues here but not as bad as i originally thought. Sales are surprisingly strong in the off season. I guess a lot of golfers love to get clubs for christmas etc.
It is a great buy near $1.00 and has been there several times but i think maybe it has finally found a new range and may continue to move up slowly but surely.
Yahoo
Made more from the sale of goog shares than they did from ops. I find that to be ironic. Still earnings from ops are increasing nicely. Still far from a vlue stock but seem sto be justifying the enthusiasm yahoo and others have recd over the last couple of years.
gilead
I would be leary of buying it here but it certainly looked attractive in the $1.40's. If nothing else it is good to watch them move for future reference. There was a time when hema appeared to be like kpcg hcar cxti etc. Never moved no matter what earnings looked like. It is apparent now that many are aware of Hema and like it quite a bit.
gilead
I dont own hema. It is on my watch list and i have been posting updates simply because it has been moving and i thought others may want to know about it.
One of the many i have wanted to buy but never got around to it. For those that do hold congrats its now over $2.00.
50 day m/a catching up to pps.
Getting close to time for another move.
2 weeks until the next earnings annc.
When the mms post a bid of .35 i believe the asks at .37 will be taken out quickly and the next move up begins.
http://stockcharts.com/def/servlet/SC.web?c=CGNW,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pr...
hema
Is up another 10 cents. Quite a move recently.
cgnw
filed an amendment to their 10k. The only difference i see right away is that the float is even smaller than i thought. Another holder listed.
Mohammed I. Marafie 1,550,621(12) 16.8%
P.O. Box 104
Safat 13002 Kuwait
stock peeker
I am at least going to wait on the next earnings annc. I am glad to see i am not the only one hanging on. That can be a lonely feeling. LOL!
You too Shmolton?
Damn. I better go reread everything. First hweb and now shmolton. If you guys are giving up on SWTX i must be missing something. I agree its not the screaming buy it once was but it still looks undervalued to me. Maybe my assumptions of continued profitability are incorrect.
swtx
in a few months the trailing eps should be in the .20's. Future guidance has called for single digit revenue growth. More units sold with a decrease in the amount per unit. Obviously it will cost more to produce more units so it appears eps will be smaller in the future than it was last q but how much smaller? They must have had a fairly hefty profit margin to begin with to result in the turnaround the company has experienced. It is entirely possible that profit will continue to grow despite the decrease in profitability per unit.(they just have to sell more units).
As long as expenses also grow in the single digits(hopefully less than the rate of revenue growth), further eps increases can be experienced. I am not even hopeing for that. I am just hopeing that eps will come in at an average of .05 over the next 2 quarters. If it does then i dont see any reason to sell at $1.50.