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Len
Ask yourself this question. What will the pps look like when eps of .05(a guess true) replaces 4th q 2003 and 1st q 2004 huge losses?
http://www.investor.reuters.com/CompanyFinancialHighlights.aspx?ticker=SWTX.OB&target=%2fstocks%...
SWTX profit margins will shrink but revs will continue to increase resulting smaller eps than last q but far better than the comps.
I still feel that this will be a $3.00 stock in less than 9 months based on what is currently known.
The stroy is not as good as it once was but it is not as bad as some seem to believe either.
tall
has sold off through support. This is a very tough stock to figure out. A couple of weeks after releasing 10Q showing incredible growth and profitability it crashes through support.
swtx
Hopefully short term traders have been replaced by investors that are willing to wait a couple of q's and profit when swtx smashes the comps.
Hema
This one has been moving up in recent weeks. Today is no different.
gilead
That makes sense. New technology is very expensive when it first comes out but declines over time. Plasma should be no different. I am sure we all remember $500.00 vcr's and now you can buy a new one for $30.00.
Shadow
Type the symbol you want on your screener then take your mouse and move the cursor to the symbol and press right click. Inet book viewer is one on the options.
Tmed
Earned .04 for the q and .07 for the year but that includes a 1 time gain. Still may bet a pop from current price. (.61)
Whats wrong with zip code changers
The post message link is unhighlighted thus making it impossible to post. I was going to post this there but ill post it here for interested partys.
JANUARY 2005 WORLDCITY
Business profile
HOWARD ULLMAN
By Santiago Fittipaldi
CHINA CONNECTION
After doing business with China -- quietly -- for the past 20 years,
Howard Ullman, founder and principal shareholder of South Florida's China Direct
Trading Company, is planning to make some noise and cash in big-time on the
China trade rush Howard Ullman is sipping coffee at a Miami hotel while
discussing his latest Asian business ventures. It's 11 a.m. Having just stepped
off a plane from Beijing, his body clock tells him it's 13 hours later. But, for
Ullman, it's just another day's work bridging the gap between Florida and China.
You see, he has been doing regular scouting trips to China since 1984. But, over
the past year, Ullman has stepped up the frequency of his China flights to
almost once a month. Business with China is booming and few people are better
positioned to take advantage of the boom than Howard Ullman. His company, China
Direct Trading Co., based in Davie, may not be a household name. But, if you've
ever bought a key chain, souvenir, ceramic mug, snow globe or refrigerator
magnet, chances are that China Direct had something to do with manufacturing and
importing it from China. "If you go into a souvenir store in Miami, I would say
that I carry three quarters of those products," says Ullman, who broke into the
business as a refrigerator magnet salesman 20 years ago.
Today, as chairman and CEO of China Direct, he is part businessman and
part ambassador. On the one hand, he oversees a global trading firm involved in
product development, manufacturing, distribution, logistics and placement into
the mass retail market. On the other, the Miami-born entrepreneur plays a role
in assisting U.S. companies to invest or manufacture products in China, while
also helping Chinese firms expand their U.S. presence.
Souvenir Direct, a China Direct subsidiary, has a catalog of some 300
novelty items, many of them designed by Ullman himself. His biggest sellers are
spinner key rings. These novelty items account for nearly 50 percent of his
annual sales, estimated last year at $2 million. Top customers include Disney,
Nascar and Six Flags. While the spinner key rings cost as little as 55 cents to
produce in China, retailers often charge as much as $8.00 for the items. "That's
the value of China," says Ullman, who has been building a close rapport with
Chinese manufacturers and government officials since 1984, when he decided to
end his career as a stock broker to enter the souvenir business.
While novelty items have been his main driver, Ullman's long-time
relationship with the Chinese is pushing him in new directions. China Direct is
currently exploring several potential acquisitions in China and is negotiating
new contracts to supply raw materials to the country's booming construction
industry. And with opportunities abounding, Ullman hopes to parlay his web of
contacts and years of experience into a major expansion. Instead of moving a
couple of million dollars a year in merchandise, he expects to be brokering
hundreds of millions of dollars in two-way trade in the near future. "What we're
looking to do is really to become a diversified trading company," says Ullman,
who expects to have another three or four new subsidiaries operating by early
2005.
"The last time I landed in Beijing, there were a hundred cranes in the
skyline and so you can just imagine how much steel they need," says Ullman.
"We've recognized there's a huge play in raw materials." He estimates China's
iron ore shortage was 100 million tons in 2004. Though still the world's largest
coal producer, the country will need to import some 80 million tons of coal in
2005, Ullman predicts. China Direct has stepped in by buying coal from the U.S.
and iron ore from Brazil for shipment to China.
China Direct is negotiating with Brazilian mining companies that can
deliver 300,000 tons of iron ore a month through June 2005, increasing to
600,000 tons through December and 1.2 million tons thereafter. "That's just a
drop in the bucket; China's needs are much greater than anyone can produce right
now," says Ullman. He claims China Direct already has letters of intent from
Chinese iron ore buyers for 27 million tons.
Although China Direct is not planning to establish a Brazilian
subsidiary to handle the operation, Ullman will open a Brazil office during the
first quarter of 2005, he says. Robert Kaye runs China Direct's raw materials
operations from its headquarters in Davie, in Southwest Broward County.
The company is also negotiating on behalf of a Chinese steel plant with
holders of five leases for coal mines in West Virginia, in a move to guarantee
coal supplies. Chinese investors were scheduled to arrive in the U.S. this month
to discuss a joint venture partnership in which China Direct would hold a stake.
"We get active in the deals because we're not just trying to get a
brokerage fee," explains Ullman. "This mining operation will go on for 15 years,
so it would be short-sighted of us to go for only a stipend commission."
Ullman is on the lookout for acquisition targets and partnership
opportunities. Ideal candidates include Chinese companies that are profitable
and growing at home, and looking to tap into the U.S. market. "The way for them
to get into the U.S. is by letting us get a piece of their company because then
they know that we'll have an incentive to move their products," says Ullman. "So
it's a winwin situation for both of us." The strategy is facilitated by
Beijing's approval of private ownership of land and companies.
China Direct's connections in China, where it maintains a Beijing
office, coupled with its lean corporate structure, are its winning formula, says
Ullman, who has been developing contacts with government officials and local
business leaders for 20 years. He estimates that he has worked with some 50
Chinese factories. A China Direct board member, whose relatives are former
government officials, still helps provide access for the company. Also, China
Direct's Beijing office is run by a business partner, who has been there for 10
years and has plenty of local contacts.
Ullman's web of contacts allows China Direct to move quickly on most
projects. When a business associate wanted to produce a rubber wristband as a
fund-raising tool for his favorite charity, he and Ullman discussed the project
on a Monday and by Tuesday Ullman had found a Chinese factory to produce them.
By Friday, the charity was taking orders for the wristbands.
According to Ullman, his decades of work with the Chinese is beginning
to pay big dividends as China exerts its global ambitions. When Beijing wanted
to sell a 500-room hotel that will house the press corps for the 2008 Olympic
Games, they approached Ullman to see if he was interested in the property even
before it went on the selling block for $65 million.
The Chinese Olympic Committee also asked China Direct to design several
products for the Olympics, namely souvenirs and commemorative gift items. Ullman
designed some 40 such items that were sold at the Winter Games in Salt Lake
City. The Chinese government also gave China Direct the green light to organize
tours and fill Olympic venues with American sports fans. Ullman says he is one
of several firms authorized by the government to organize tour groups, for which
he will be allowed to block airline seats, hotel rooms and event tickets, with
the support of the Chinese government and Olympic Committee. Ullman plans to
partner with a tour operator to run this operation.
For Ullman, the best is yet to come. China Direct is poised for a boom
in revenues in 2005. "We're working on contracts for iron ore, coal and coke for
up to $2 billion, so as we get into the energy business, that's where you'll see
a huge ramp up in our revenues," he predicts. "It's not a 25 or 50- cent item,
it's a $200 to $300-a-ton item and they'll need millions of tons."
In order to transform his small novelty import firm into a major broker
in the China trade, Ullman has had to add some financial muscle. Last August, he
signed an agreement with Boston-based Dutchess Private Equities Fund, which has
offered China Direct $2.5 million credit line in exchange for common stock over
the next two years.
"The financing will be available to Mr. Ullman to use as he sees fit to
bring the company to the next level and execute on his business plan," says Ted
Smith, vice president of corporate finance at Boston-based Dutchess Advisors,
which runs the Dutchess Private Equities Fund. "[China Direct] has strong
management and Mr. Ullman's dedication to the company as CEO is an asset that
will prove to be crucial in the growth of the company," he adds. Ullman says the
funds will be earmarked primarily for acquisitions.
Also, late last year, Ullman took the company public through a reverse
merger, which involved taking a stake in a dormant public company. China Direct
now trades on the over-the-counter bulletin board, with a market capitalization
of $23 million. Ullman hopes to have the company listed on the Amex or Nasdaq
small cap market by summer 2005. (The company's ticker symbol is CHDT.OB.)
Ulman is convinced that this is all the capital he needs to take China
Direct to another level. "Fortunately, our model doesn't require a lot of money
because there's a buyer and a seller and we're in the middle," says Ullman, who
says most buyers either provide letters of credit, or make an initial 30 percent
deposit and pay the balance before the goods are shipped. "In the iron ore
contracts, we're talking about billions of dollars and yet I don't need to put
up a dime because the letter of credit from my buyer transfers directly from my
bank to my supplier's bank."
The years of selling novelty items Made in China seem to be paying off
nicely. "It's just about being at the right place at the right time," says
Ullman. "I've been there for 20 years, so I've been in the right place. It's
just that now is the right time."
A China Mart for Florida
When the Chinese government decided it wanted to set up a China Mart to
sell more Chinese products in the U.S., they went to Ullman last November to
help them set it up in South Florida. The initial idea was to establish a B2B
venue where buyers could source Chinese goods. Both sides hope to have the Mart
open by summer 2005.
However, Ullman says, the concept is morphing into a possible retail
operation where Chinese manufacturers can sell their products directly to U.S.
consumers. "We're still in the debate over whether it should be B2B, B2C or
both," says Ullman. He envisions the possibility of having a B2B venue that is
opened to the general public once a week.
Ullman reports the project is currently facing some hurdles, not the
least of which is figuring out how to obtain hundreds of U.S. visas for Chinese
vendors. He says China Direct is discussing the possibility of handling sales
for the various vendors by hiring local employees that would be flown to China
for training by the respective manufacturers.
China Direct would seek out a partner to operate the Mart and would
take a portion of the income. "Our model is that you can't run everything, but
you can certainly set things up," says Ullman. "Our job would be to keep the
China Mart full by bringing in Chinese factories to sell their products." Ullman
plans to travel throughout China's provinces to hand-pick the largest
manufacturers who can afford the cost of renting a space and paying a staff.
There is also the matter of where to locate it. Ullman says China
Direct has narrowed its search to venues in either Miami-Dade or Broward
counties. In Fort Lauderdale, he says he found a space near Sawgrass Mills that
offers a modest 55,000 square feet. He has also talked to management at Miami's
defunct Omni Mall where there is 1 million square feet of space available.
Setting up in Miami's Design District is yet another option.
Ullman plans to initiate talks with state and city governments to
explore the possibility of securing incentives to get the Mart started.
Meanwhile, he says developers in New York and Chicago have already expressed
interest in having him set up China Marts in those cities once the South Florida
venue is up and running. "We're trying to hone in on the model as we're looking
for the space,"
Ullman's top five China tips
After 20 years of doing business in China, Howard Ullman is a
self-proclaimed expert at the market's do's and don'ts. Here are his top five
tips for U.S. companies exploring a China venture:
1. KNOW WHO YOU'RE DEALING WITH. Ullman recommends that companies not do
business with anyone whom they have not met. "Like anywhere else," he
says, "you might send money to a Chinese factory and never see any
product." Qualifying whom you're doing business with is essential to
minimizing any mishaps.
2. REMEMBER THE DISTANCE. There's a 30-day lag between when the product is
ready in China and when it's delivered in the United States. That means
U.S. companies need to plan differently than if they were buying from
U.S. vendors who can deliver in a week. "You have to order more product
more often to stay ahead of the shipping lag time," says Ullman, who
feels cheaper prices make up for the need for greater inventory
control.
3. DON'T SHACK UP WITH ONE SUPPLIER. Ullman recommends finding several
suppliers in order to obtain the best prices. "You can pit suppliers
against each other until both drop their prices to compete for the
order," he says. The strategy has led to a 20 percent drop in the cost
of his trademark spinner key rings over the past two years. "Having
just one supplier locks you into his prices."
4. TAKE A FIELD TRIP. The Chinese are very relationship oriented. U.S.
executives would benefit from visiting the country to create
partnerships that lead to better prices and services. "Some larger
deals don't happen unless you go there," says Ullman, who used to
travel to China just a few times a year, but now takes a monthly trip.
His most recent ticket, purchased from a Miami consolidator, cost only
$900.
5. KEEP YOUR EYE ON THE BALL. It is essential to keep close tabs on
Chinese suppliers in order to avoid counterfeiting, selling your
products in the local market behind your back, or worse yet, selling
your products to your U.S. competitors. "You need to check up on them
and keep them honest," he says. "The best thing is to have people in
China, like ourselves, who can represent you and go into the
factories."
</TEXT>
</DOCUMENT>
ionn
Do you know how the 1/2 mil contract is to play out? Will those revs be reported next q or spread out over several q's etc?
Further evidence that dillution is unlikely.
On December 9, 2004, Cognigen Networks, Inc. received back from Silicon Valley
Bank an amendment to the Accounts Receivable Purchase Agreement which increased
the amounts available to Cognigen under the Accounts Receivable Purchase
Agreement from 65% to 75% of the commissions receivable balances.
Tall
a short term trade opp is probably in the works here. Recent news that should lead to continued operational improvement combined with an upcoming earnings annc should spark enough interest for someone to scalp 20 - 30%. Could be an excellent opportunity to pick up some free shares for anyone who has been interested but hasnt already jumped in and are willing to hold free shares and wait for a fair valuation. IMO!
Rrainman
18 companies with soybean related operations
http://finance.yahoo.com/search?type=&s=soybean&r=
swtx-undervalued with no growth.
I'll take single digit growth and wait a couple of q's while they squash the comps. It is disappointing to see red today though.
NOt a microcap but a nice looking investment none the less.
http://biz.yahoo.com/ap/050114/earns_applied_industrial_1.html
Answers to my own cgnw concerns.
Balance sheet looks bad.
Deceptively bad. Negative equity was reduced by $250,000 last q. Continued payments on deferred comp and outstanding debt will continue to improve the balance sheet and it will not take a lot of q's to turn to positve at current earnings rate not to mention there is a good chance of earnings increasing due to new products and continued cuts in expenses.
Company has shifted gears in the past.
They have a new ceo that is committed to cutting costs, increasing revs, and increasing shareholder value. He has already taken the step of selling the unprofitable segment(cst), cut expenses(sga) by 35% and added 4 new products.
Cash strapped.
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 and add eps of over .025 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.
Too much competition in calling cards.
It hasnt gotten any worse and they were profitable last q. They ahve been losing non-proprietary revs while increasing proprietary revs. In the last 10Q it was mentioned that the Customer service dept was revamped in order to stem the flow of losses of the non proprietary customers while at the same time they should continue to add proprietary customers plus they have 4 new products now that should increase the non-prop revs. I dont see anything but upside here.
Destroy it! Give me a reason to think i am wrong.
adgo
Anyone owning this one has to have enjoyed the last few days.
Bobwins ref tall
I agree with your assumption that they will miss their guidance but will continue to show improvement.
I believe they were including in their guidance some sort of a 1 time gain probably goodwill from the acquisition they are trying to finalize. They have never said this but that is the assumption i have. It appears that at about the same time they ran into a snag making the acquissition they also quit including their previously announced guidance.
It still appears to be undervalued and at some point it should be recognized. IMO!
Ok Rrainman
Obviously you can post whatever you want at RB but it would be nice if dissenting opinions would be based on something substantive.
Balance sheet looks bad. Company has shifted gears in the past. Cash strapped. Too much competition in calling cards. Those are legitimate concerns that have been factored into my analysis.
Its entirely possible someone else copied your post and pasted it on rb and if that is the case i am sorry for the accusation. I am sure you can understand why i thought it was you due to the fact that it matched word for word what you had posted here.
Happy trading
Rrainman
Thank you for your thorough and in-depth analysis. It wasnt enough to put it on this board, you feel the need to put it on rb also?
http://ragingbull.lycos.com/mboard/boards.cgi?board=CGNW&read=2106
http://www.investorshub.com/boards/read_msg.asp?message_id=5092690
I hope you didnt spend too much time analyzing the fundementals to come up with that articulate opinion.
tall
with news out released under their other symbol. You know; the one they use for the other half ot the year.
Should lead to further increases in revs and profits.
Someday the momo crowd will get ahold of this one.
ActiveCore Technologies Announces New Version of Flagship MDLINK Product
1/13/05
TORONTO, Jan 13, 2005 (PRIMEZONE via COMTEX) --
ActiveCore Technologies, Inc. (OTCBB:TALLE) announced today that an updated version of its flagship Java based engine with full healthcare integration, MDLINK V. 4.0, will be available for clients and new customers on February 14, 2005. Public release of the new versio
n will coincide with ActiveCore's presence at the 2005 Healthcare Information and Management Systems Society (HIMSS) conference in Dallas Texas, USA.
The latest version of MDLINK - Version 4.0 includes complete healthcare data integration and HIPPA compliance and will compete directly with data integration engines developed by SeeBeyond, Quovadx, Microsoft and Sybase.
Peter Hamilton, President and CEO of ActiveCore, stated, "I am extremely confident about the maturity and price point of MDLINK V4.0 as a competitor in the healthcare data integration industry and I believe our product offers the best value proposition for organizations that must stretch their I.T. budgets."
ActiveCore will officially release MDLINK V4.0 at the HIMMS 2005 conference and has pre-sold V4.0 integration licenses to two new customers, including a healthcare region comprising 8 facilities.
MDLINK V4.0 Enhancements
The MDLINK Server engine uses the power of Java and XML to transform data, and with the use of the visual developer Studio, it is easy to create custom Solutions for any healthcare integration requirement. Version 4.0 includes several major upgrades to the internal template processor, powered by Apache:
Health Level 7 (HL7) New HL7 Schema Editor Easy-to-use editor for maintaining HL7 message structures. Custom HL7 Schema Define custom messages based on any HL7 Support 2.X message type. X12 EDI Transactions X12 Parser X12 supports more than 315 electronic data interchange (EDI) transaction sets X12 Generator Easily create X12 transactions using pre-defined X12 schema. Text Messaging SMS Message Task Send customized text messages to mobile devices from your interface processes. Database Monitoring Database Trigger Event The Database Trigger Event plug-in monitors changes to your relational database management systems, such as SQL Server, using native database triggers. ColdFusion Support ColdFusion CFX Custom The ColdFusion CFX Custom Tag Event Tag Event plug-in integrates your data into your web applications. ColdFusion web developers can run ActiveLink solutions using simple markup tags. ColdFusion(c) is a trademark of Macromedia, Inc.
About ActiveCore Technologies, Inc. (www.activecore.com)
ActiveCore Technologies, Inc. operates a group of subsidiaries and divisions in the US, UK 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 worldwide.
Statements contained in this news release regarding ActiveCore Technologies, Inc. formerly IVP Technology and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers, and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2A filed with the Securities and Exchange Commission on January 5, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above
SOURCE: ActiveCore Technologies, Inc.
Brian MacDonald Chairman (416) 252-6200 bmacdonald@activecore.com Agora Investor Relations air@agoracom.com
Len
As you requested.
A new cgnw board.
http://www.investorshub.com/boards/board.asp?board_id=3338
I am not sure about what post you are referring to.
bull
Spent a little time looking into this one. It started to smell right away. Huge debt. I am amazed it trades as high as it does. 58 mil in debt if i remember right. I think the debt is secured by ceo which caused me to read a little further but quickly lost interest when i started looking a previous q's.
rrainman
heres a start. Feel free to pick it apart. I love alternative opinions.
http://www.investorshub.com/boards/read_msg.asp?message_id=4983995
rrainman
cgnw has some debt yes. It was reduced by 1/4 mil last q alone. The debt includes deferred commissions that are being paid to a former shareholder/employee that will improve the balance sheet by over 1/2 mil in the coming q's. It also includes a loan that they are current on and havent had any problem paying up to this point.
If a little over a mil in debt scares you out of a stock that is on pace to earn .11 eps this year and is trading in the .30's then i believe you are making a larger issue out of it than is warranted.
Rrainman
If you are referring to the one time loss in the 3rd q from the sale of cst and the subsequent loss of goodwill you are missing the picture.
Trailing eps from ops is .04.
SGA expenses reduced by 35% las q y/o/y.
2nd and 3rd q's are historically the best q's for cgnw.
Everything in the 10Q lends credence to continued profitability.
I assure you cgnw is a value microcap and belongs on this board and not the zip code changers unless we longer use d/d to speculate about future q's.
Another u/t for cgnw
One more u/t and the ask at .37 will be gone. IMO!
It may dissappear without another u/t. Buying normally comes in late with this one.
Bull
eps of .11 for the q vs pps of .55.
Seasonality appears to be an issue here. Huge negative equity also. Shut down the unprofitable business segment (affinity events).
Will look at it later and try to determine how much of the improvement was due to seasonality and how much is due to change in operations and are therefore sustainable.
cgnw
3 weeks until earnings pr.
Annualized p/e of 3 based on 1st q eps.
Looks like it may be starting the next move up.
BId raised today.
NYIL
out with a shareholder update. Guiding for 100% growth and improved profits this year.
Still doing due dilligance in regards to the proposed acquisition.
Looking forward to becoming a listed co.
http://www.knobias.com/individual/public/news.htm?eid=3.1.57fb636c000d8ea69b61ada8892fbd81c923bc7291...
ot/ rogue
I dont know how much of what he says is true but he certainly is interesting to listen too. He also has a television show in Austin on access television and i have watched him many times. I love conspiracy theories and talk of the illuminati and other secret societies that rule the world. (including our founding fathers)
It is a very interesting subject and fun to listen to but it is hard to believe that Bush, Clinton, Kerry, Reagan, Bush Sr, Bin Laden, Annan, and almost everyone else in power in the world belongs to a secret society that pretends not to get along in an effort to further their cause.(whatever that may be).
He has a videotape where he infiltrated a meeting of a secret society that worships a stone owl ans supposedly sacrifices human beings. It looked authentic but who knows. It is undeniable that much of our symbols are based on Masonic (gods) and that secret societies exist but it is difficult to believe collusion amongst the worlds leaders to try to destroy the rest of us.
Interesting topic.
Rogue
Is that the guy from Austin, Tx? If it is you are right, he is a very interesting individual.
trek
Going private or delisting? Seems to be some confusion.
If they are paying a premium for odd lots it would stand to reason that any buyout of stockholders would be at a higher price than it is currently trading at. Of course it could be dead money for who knows how long.
Ksuave sending me private messages. I think i have a stalker on my hands. I am sorry i dont share your left-wing anti-american points of view; Ksuave. I know you view the Bush administration as an Imperialist regime that created the terrorists and thumbed their noses at the great and moral United Nations but it must hurt knowing that if the administration would have just given the sanctions another decade to work, your heroes could have received another billion dollars from Saddam while at the same time pretending to try to hold him accountable. France, Germany, Russia, always on the right side of history arent they? Wake up!
Argyll
I like the chart patern if nothing else.
If they are hoarding cash, they could announce that in their pr so that potential shareholders can at least speculate how they could pay for the acquisitions.
It looks interesting and i intend to follow it but it has a few too many unknowns for me. As more information comes forward, it could represent solid value. It may already. The pr made it sound like this years profit will be larger than 2004 and if they buy back shares and leave only 2.5 mil in the float it could get really interesting when and if the acquisitions are finalized. It could create a lot of demand with very few shares to go around.
Right now it appears to have huge upside with little downside but who knows with these pinkies.
Thanks for your efforts in calling the ceo. I would imagine the 3 ships they are purchasing would amount to quite a chunk of change.
As someone else mentioned, "if half of what they say is true, it could be really interesting." THe problem is who knows if half is true or not.
I agree guy
Without the acquisition it becomes a lot less interesting. LOL!!
I have added it to my watch list.
nyil last mention
The acquisitions that were to lead to 150 mil per annum revs and before tax net profit of 30 mil for 7 years were slated to be closed in 12/2004. I see no pr announcing a finalization of these acquisitions.
Without this acquisition, the current p/e is slightly over 10. I am adding it to my watch list and will wait to see what happens with the acquisitions.
NYIL info
35 mil o/s
7.5 mil float
projecting 30 mil per year profits from recent acquisitions.
just reported net profit of 500K for 2004.
Buying 5 mil of the float.
Applying for listing on an exchange.
Eco-friendly energy alternative that uses woodchips and woodfibers for energy.
Florida hurricanes have made 5 million tons of wood available for export.
Since it is a pink sheeter it is difficult to find out the negatives. So far, i havent found anything but positives.
NYIL.pk
Looks very interesting.
http://www.knobias.com/individual/public/news.htm?eid=3.1.167be448a0363d7008f0e1f8acb642ab63155ea11d...
http://www.knobias.com/individual/public/news.htm?eid=3.1.0500f9eb9e30538b7c1c922648215309e6ec19b652...
Just started looking at it but what i see so far looks great.
SWTX CGNW TALL
I hope noone sold swtx on that dip last weeks. Its a strong one.
Cgnw. Pull back looks like its over. I suspect the mm's will strengthen the bids next week and when the bids near the ask hopefully the buys will come in.
Tall pulled back to test 50 day m/a. So far it has held. Will post financials soon on yahoo. a 2 cent stock with 600K in net profit.
Gmos is also pulling back.
It has been a strong stock with recent good news(significant news regarding increasing earnings). Was over $2.00 recently. I suspect it is a good buying opportunity.
P/E's Trailing or Forward
I think you are all right.
Trailing p/e's give a good indication of how undervalued a company is currently.
Speculation drives stock prices so Forward p/e's are equally important in that fundemental changes to a companys operations that lead to increased profitability must be evaluated in determining a companys value.
Increasing revenues, decreasing expenses or my personal fave a combination of the two improve a companys value and lead to price appreciation.
The hard part in determining a companys value when using a forward p/e formula is that 1 quarter does'nt make a trend. When i am trying to determine a companys value i try to determine what happened in that quarter to improve profitability and is it sustainable based on information provided in the 10q or other guidance given.
Was the increase in profitability due to seasonality or a 1 time large order or anything else that isnt sustainable or are the changes sustainable and even better are there further changes that can lead to even more improvement.
P/e in and of itself is not indicative of a companys value as you all know. Different stocks trade at different p/e's based on a number of factors.
What i try to do is find out what p/e a stock has historically traded at and that gives some kind of a price target when factoring in improving fundementals.
Obviously the rate of increases in profits creates momentum and can lead to a higher p/e then the stock has historically traded at as can any other improvement in fundementals.
Buying a stock simply because it has a low p/e may limit downside risk but it doesnt necessarily mean the pps will go up.
Improving fundementals and increased profits are what will cause a stock to increase in price.
Of course, stocks often increase based on nothing other than receiving publicity but it appears those gains are short lived and should be used only for trading purposes.
My take on the p/e debate.