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tim...I would say you have got the basic thrust of it. But understand the facts of how a stock price can move and trade depends on a lot of factors.
Many Bulletin board and pink sheet stocks depend on their stock being marketed and hyped. Their stock price is not directly related to FUNDEMENTALS, but rather have more to do with PERCEPTION and EXPECTATIONS of what they might do or become in the future. In some cases the share price is almost entirely CONTROLLED insiders, investment bankers and traders. That is to say the share price can be maintained at the certain price because there's no one who has shares that is willing or able to sell their shares at the then current levels.
For instance sometimes before a company is reverse mergered into a public shell, the shell company will do a huge reverse stock split so that there are very few shares in the public float or at least in unfriendly hands. As a result the companies stock can trade at $2 or $3 dollars or more and appear to be a very sound investment. This is often the time a company will raise capital at say a buck or two. When these shares are sold they are not able to be sold for at least a year. So the stock price can qutie easily be maintained and maybe even go higher...especially if they want to do another round of financing, so on paper these "private placement" investors are sitting on a huge profit.
All this is well and good until the private placement shareholder want to be sell their shares. They try to sell and presto down goes the price--because there was never really true market support there in the first place. If you look at the charts of FNGP, it is a classic example of this. While the stock was trading at $1.50 they were doing financings at $1.00, when the stock was at $2.50 they were doing financiings at $1.50. I was offered the opportunity but knew better. Especially notice the share volume when the share price was trading at the higher levels.
Anyway, this sort of controlled trading is distinct from trading based on perception/anticipation of future earnings and Fundementals. If you would like me to further explain let me know. In sum, if a company is going to continue appreciating over time it will have to do so based on fundementals. It will have to deserve the price it trades at. If its growing rapidly and profitable it will eventually trade equal to its peers in similar businesses (sectors). This is where different Price/earnings ratios come in. If it's growing at 50 or 80% a year it will deserve a higher P/E ratio. If is growing slow...it will deserve a lower one. Later.
Great testimony Preciouslife! You are experiencing what Jesus taught us in Acts 20, "It is more blessed to give than to receive."
I think this verse applies to giving gifts at Christmas time, but I think applies even more to life in general. By giving, serving, and loving....we are the ones that are the most blessed.
Best regards and may God bless.
Randy
Veritas...I know you just took a look at DRGP, but check out the last three posts there. They posted new news on their internet web site and not via newswire release.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25252774
The company should have put out both of these in news releases. Anyway, if they actually reach $50 Million in revenues last year....this little 3.5 cent stock will deserve a much higher price. Later. RK
Veritas,can you see filings for insider selling? A few friends of mine have commented that it seems like this as well IN fact, we call the "guy" the dumper as he seems to hit the fairly large blocks at the bid. Thanks. Randy
Hey Veritas...I'm invested pretty heavily into Dynamic Response Group (DRGP). I'm pretty convinced of its future success even though the share price has not been cooperating. I have seen the price decline as a further buying opportunity. My average cost is just over 6 cents.
Would you mind taking a look at it and maybe some of my posts on that board and share your thoughts? I would most appreciate your concerns and the negatives you might see. You know as iron sharpens iron. :)
Legallypinksheeter, Nice to see your great pictures. I did some research on Dragon Venture a month or so ago and was pretty pleased with what I saw. As with most foreign operating companies, I think there is always some skepticism. I bought a 100K shares around 2 cents and then sold them for a 1/2 cent profit.
I sold them because I found out that the financings that were done in 2006 at I believe 1.6 and 3 cents were becoming public via Rule 144. If you go to Raging Bull and check out the posts of Dosprompt, he had access to these filings somehow. Anyway, there was a pretty long list of selling share holders.
That said, the revenue and growth and even profitability are pretty encouraging. I thought the research reports were fairly written. If they can pull off the anticipated revenues and profitablity, think DRGV will do all right. If you look down on this list of posts I had run the projected numbers with varous P/E ratios. There are lots of shares outstanding.....229 million.
I don't know if you're interested but I'm a lot more optimistic about Dynamic Response Group (DRGP) which is fully reporting, growing rapidly, almost profitable, and currently trading at the low end of its 52 week range. You can see my posts on their discussion board.
I've been buying big since 9 cents. I'm pretty confident that the company is really going to become something. If fact I think you would be prudent to bring your average cost per share wayyyyyy doowwwwn while you can.
Here's why I'm excited. We have:
1. Growing revenues....almost doubled last years.
2. Shrinking loss, year over year; Likely, black ink from here on out.
3. Great products in the pipeline. Some originally bought solely because of Proceed. I think other products will over-shadow Proceed in 2008. I think the NASCAR deal adds 20-30 million in revenue in 2008.
4. New CEO. Melissa Rice has only been making the company leaner and meaner. Why leave a profitably legal practice? So the company call fail? I don't think so. As she continues to make changes DRGP will continue to do better.
5. Historically, infomercial companies are cash-cows. Can you name me even three that are publicly traded? I wonder why???
6. I think DRGP could be a retirement enrichment stock. As their cash flow increases they can advertise more and more and increase revenues almost exponentially. I don't think one has to dream too much to see DRGP at 25 or 50 cents....in time even a buck or two.
7. In the Dutton Report they said that while they would like to secure additional financing, they have not liked the terms so far, and will be able to fund future growth with current cash flows. COOOL!!
This is my perspective. RK
Email from Staples on Yahoo Message Board:
Re: Ed Staples is a RAT! by cjust_2000
"I did email him and he replied in a matter of hours. He was quite cordial informed me that he did not have a grudge against EST and has still been promoting their products. He is nearing retirment and liquidating his position for income stocks. He also said that since he now has less than 1% ownership, he no longer needs to file about his intentions. So, you can do the math and see that the maximum position he could hold is around 500K shares... or about $40,000.
"I don't think this board really needs to worry too much about Staples any more. We should really concentrate on getting the company to do a better job of marketing their products so they can make more sales."
I guess my family are the only buyers of this stock today....My dad bought 13400 and my eldest son bought 15000 shares. I guess if that's the way it is, that's OK. However, I'm also pretty confident that a month or so from now...we'll see some pretty serious appreciation. Later.
Here's what I think....at a minimum I think we will see technical bounce of these low prices....at best I think we could easily see a short squeeze of MAXIMUM PROPORTIONS.
1. I spoke with Brad Simmons on Saturday and he assured me the outstanding shares/share structure is just as the public filings have shown. MEANING: There are only 35.6 million shares outstanding and 8.5 million shares in the float. He said if this is not the case, they're going to have issues with their attorney and those that helped structure the deal.
NOTE: even before the reverse stock split and merger Digital Color Print, there were only 27 million shares...and as memory serves before the merger took place they did a 1 for 100 reverse split.
2. He said they are as confused at the share price and volume are a mystery to them. He said they will be putting out audited financials after the new year and pursue listing and full disclosure on the Nasdaq Bulletin Board.
For now this what I know. Best regards. RK
Hey Guys...another week begins. As far as BLLB goes, I can't imagine that this work could get worse than last week. :)
I too remain confident in the future of BLLB, yet confused about the recent trading of the stock. Some things make sense and some things don't. The volume and share price do not make sense! Best regards.
Hey Veritas....is that a picture of you?
Randy
rich2rich, I sent DRGP a letter with a number of suggestions a while back and included the suggestion that they change the link you mention. Here they migrate from Pinksheets to BB and then leave Pinksheets quotes on your front door. Not too smart.
From my dialogue with the company, I believe they are planning to update the entire website so they are not taking the time to keep it up to date. From my web experience it would be a a fairly easy fix...just change the link to NASDAQ.com...like this:
http://quotes.nasdaq.com/quote.dll?mode=stock&kind=&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=drgp&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=multi&selected=DRGP
Or even Yahoo would be an improvement:
http://finance.yahoo.com/q?d=t&s=DRGP.OB
Why they don't pay better attention to details like this I do not know. I remain convinced that 2008 will be a breakout year for DRGP. I think patience will make us all a pretty good return.
I don't own this stock but have been following it since it was being hyped by BoonMarket.com. From what I can tell it is a real company with a real future. The price decline has everything to do with bordom selling. Since the stock is not being hyped, there's not much action so people are moving their money to more "exciting" stocks.
If you're convinced of GUPR's future it would probably make more money to average down or be patient for future press releases and company growth to once again move the stock.
This is why I think one should invest in companies not market movements.
Best regards,
RK
FYI I called the old IR company...it was listed in it earliest press releases and on the pinksheets information page. Talked to a guy named Steve Slaven. He said they haven't beem the ir/pr since the coompany first started trading, but that his impression is that it is definitely a real company.
Here are the numbers I have:
1. One listed in PR: (931)359-8000
2. One from earliest press releases (931)580-4702....rings directly to Brad...so far he hasn't picked up.
3. On internet did search for Rodney Simmons Bell Buckle TN and he sounds like a community leader sort...also came up with this number(931)294-3330. I've not called it yet, but I expect it is his cell or home phone.
I also talked to an IB that is big into the deal. He said he's talked to the company many times and said they would be putting out audited financials for 2007...hopefully in January. Hc is also of he mind that a lot of this volume has been smoke and mirrors. Later.
Hello....Bell Buckle Holdings has 100 Million shares authorized and 35.6 million outstanding, with 8.5 million shares in the public float.
Since the volume has been astronomical lately, there are fears that there are more shares than this issued or in the public float.
I'm thinking that a lot of this volume has been staged and is in fact an effort to shake loose as many shares out possible. If the volume is not as real as it looks (lots of crossed trades) and the selling only appears to be such...then what is really wanted is sellers to sell their shares. I've noticed that the sell volume generally corresponds to the buy volume.
For me it has been a bit of a mind war...my inclination is to turn and run...sell my shares for what I can get and move on....However, I'm enough of a skeptic to I think that's exactly the affect that someone else...shorter/shakers/mm's are trying to make me feel.
At this point I'm not quite prepared to put my friends and family into this deal...but I'm pretty comfortable waiting to see how all this settles out.
Rationale:
1. I believe Bell Buckle Holdings is a REAL company with REAL assets, REAL revenue and REAL earnings. I spoke with someone the other day who said the products are delicious. BLLB are doing some major business with some major players in the grocery business.
2. My only questions have to do with the excessive volume and the low share price. Realistically, the only place additional shares could be coming from is management. I do not see how this would make any sense. If they're selling shares at these levels, it's like saying we think our company is worthless and has no future. I just don't see this being the case. Read through the initial filings, read through the press releases that are out there. I mean if they were dishonest, why not give some spammer several million shares and then sell shares at a nickle or a dime?? How could they be so short on cash that selling a million shares for $8000 makes sense?
3. In their disclosures to Pinksheets they answered the questions about recent offerings or financings...and it says: NONE.
I think the middle to end of January will give us a much different stock price. I guess we will have to see.
And yes...I know...I might be wrong.
I don't know if there is much value in emailing Staples...it's pretty obvious he just wants liquidity now...and apparently at any costs. The last filing (when he still held over 2.5%) showed that he was selling out his position. Dated September 15, 2007 http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5435113&Type=HTML
Why would he sell out his position? Here are a couple guesses: 1. Marital breakup/divorce; 2. Terminally ill; 3. Revenge factor as he was let go from ESNR...wants to hurt the company. 4.?? 5.??
By my best guesstimate he has to be down to one or two hundred thousand shares. This is down from 3.4 million...so just imagine how many shares have had to be brought up. I will be interested to see when the next form 3 or 13 whichever it is who has been the big buyer of shares.
I've abandoned some pretty good positions to buy more of ESNR...because I think multiplication can and will happen here faster than in many other places. I guess time will tell.
The company has growing revenues...been managing their cash position pretty well...has several large shareholders on the board so won't sell the farm dilution wise to fund the company...has been highering additional sales personal (heard on another board)...I think most of these are pretty good reasons to own the stock and even buy more.
boiler fan....I can't say I'm certain....but from the financials provided....assuming their not fraud...say that their total assets are $854K. I may have not used the right term--net asset value. I'm not sure about the debt load... Here's a link to the filings on Pinksheets.com
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11573
I can't say I understand what's going on. Is it a complete scam? I don't think so. Is there some stock shenanigans-manipulations going on? Undoubtably. What's going to happen at the end of the day? The reality is that the shares will become worthless....OR the stock will eventually firm up and possibly migrate over to BB and maybe further...who knows?
I'm not pumping this thing...just trying to weigh the potential risk/reward. It certainly hasn't acted the way I had hoped or expected. For me its a question of what makes the most sense right now. The only option that makes sense to me is wait and see. I've averaged my cost down to a couple pennies...I think we'll see the stock trade above these levels...the decision at that point will be hold lomger or sell, which is the nature of the beast.
My thoughts on the news? Sounds like pretty good news to me. Who knows what, if anything will result...it's way better than bad news.
Best regards.
News this morning--EST Announces Distributor Agreement with Brechbuhler AGLast update: 12/4/2007 8:30:01 AMNEWBURY PARK, Calif., Dec 04, 2007 (BUSINESS WIRE) --
Electronic Sensor Technology (ESNR), a leading manufacturer of ultra-fast vapor analyzers, has entered into a distributor agreement with Brechbuhler AG who will sell and service EST's products in Switzerland, France, Italy, and Austria.
Brechbuhler AG is a very successful distributor of analytical equipment with a more than 30 year history. "We are extremely pleased to have Brechbuhler as our representative in these important countries in Europe," said Barry S. Howe, CEO of EST, "Brechbuhler has an outstanding reputation in Europe and can provide a full range of marketing, applications, sales and service support."
About Brechbuhler AG: Brechbuhler AG started in 1970 and has been a leading supplier of chromatography products since that time. Built on a solid past with an exciting vision for the future, the company continues the tradition of the founders by focusing on Chromatography, Mass Spectrometry, and Sample Handling. Brechbuhler AG is firmly committed to meeting the
Very nice post. Moving. Thanks for the story. I'm not a big McCain fan, but my appreciation for him has gone up.
Best regards.
Randy
Hey Veritas.....so far so good....
I just checked the IHUB stats and the current post total is :::
24993761
Who knows for sure...but it looks like the 25 million post mark will be met later today.
I was reading some of the older posts....which I probably should have done before jumping in with both feet....
The main concerns at this point are:
1. Non responsive management. I believer several have called and attempted to correspond via email...and to my knowledge no answers to anyone. Not what I'd like to hear...but consistent. They're not talking to anybody. In my conversations with Brandy, she at least seemed a frustrated with the decrease in share value and confused by it. I'm not always a great judge of people/character, but I believe her.
2. HUGE Volume in recent week suggests:
a. Lots more shares outstanding/in public float than was thought. But then again, it might just be made to look like this is the case.
b. Clear MM manipulation. Someone has an ax to grind and is grinding it. Someone else, whose ax is being ground is clearly fighting back...buying up shares.
c. All things considered, depending who wins the current battle we could see a huge short squeeze.
3. Growing Company with Potentially HUGE future. Public trading and stock action apart, it wouldn't make any sense for management to transfer assets to a public shell for the express purpose of devaluating their company. NO SENSE AT ALL! The company has assets worth over a million....at current share value...35.6 million x .01 equals $356,000.
I hate to say this...but with this post I've almost convinced myself to buy more shares. RK
veritas and others....have any of you placed a WAG? I just noticed the posts tonight are in the 24,973,800's. If you're not familiar it is a guess when the 25 millionth post will be made.
I made my guess on October 15, 2007 and I think at this point it actually has a chance. I've selected tomorrow evening at 9:40 PM. Not the busiest time of the day...but it could happen. From what I"ve gathered there are about 25,000 posts a day.
Here's a link to the WAGS board....
http://investorshub.advfn.com/boards/board.asp?board_id=1594
Not a big deal either way...but interesting none the less.
RK
Dynamic Response Group was mentioned on the Cheap Investor Hotline this weekend. As some of you may know, Bill Mathews' Cheap Investor recommended DRGP earlier this year and commented on it a couple times since then.
In the update he actually chides the company for not putting out a press release with its last quarterly results. He said the company is doing extremely well. It reported almost doubled revenues (89% as I recall) and a small loss of only $22,000, which was less than last year's 3Q. He said for the quarter they "had excellent numbers for a small company."
In the course of his update he praised DRGP, speaking of it as "rapidly growing infomercial company"... "that has the potential to do very well."
I supppose you never know for sure, but I expect the company will continue posting robust growth and be quite profitable in the 4Q as well as the whole of 2008. At a minimum I expect the stock to double or triple in 2008--possibly MORE. The Dutton Associate Report has a target of 25 cents...that would multiply investments at this level 4 to 5 times. (check out their report and updates at
http://www.jmdutton.com/research/DRGP/index.html
LOOKING BEYOND -- OK CALL IT SPECULATING
If (and I know it's a big IF) they maintain profitability through 2008 and earn both a trailing and a foward PE ratio (which I expect they will), the shares could easily trade above 50 cents, and maybe even a buck in the year after. If I'm right (I know big IF), we're looking a 10-20 banger from current levels. I do not believe this will not based on hype or some pump and dump scam, but rather driven by growing revenues and earnings. How cool is that possibility? Downside risk at this point? Not much.
FastEddie, You say overbought....my understanding of your post is that you think the stock is oversold. Unless I'm misunderstanding your use of the word. RK
I continue just amazed to watch this stock trade. Granted I'd be grinning a bit more if it was going up...but can you believe the volume and price. Remember there are just 8.5 million shares in the float. I'm sure our volume in the past week to ten days has been more than that. Heck, just today and yesterday we have traded over 5 million shares.
How about some more reactions? As I post this, the offer of .01 was just lifted with a 475,000 share trade. Amazing.
Torywhite, if I may ask, how did you become aware of BLLB? Mass mailings from BoonMarket or some other source?
I'm curious where current buying is originating--which, as I mentioned in my last post, has been impressive. I'm thinking maybe there's a brokerage house--or someone else promoting the stock. If so maybe one of us could get information from such a broker/promoter and report it back here. Thanks.
I have been in contact with the company on a number of ocassions. I have not yet had success in speaking to either the CEO Brad Simmons or anyone else besides the receptionist Brandy. I have enjoyed my visits with her but have also been frustrated.
I was encouraged to send an email to Brad@bellbuckle.com and so far have sent two. Incidently, I have also sent one to their Legal Counsel pointing out that pinksheets.com says they are are not current on the information that needs to be filed. So far I have not received any response.
This may not even be possible, but at his point my biggest fear is that there are shares being traded that were not counted or included in the float or outstanding shares. I mean how can we trade over 1/2...almost 3/4 the float in little over a week? Someone is selling big time and smacking the bid with shares. Heck I own almost 5% of the float myself.
As I generally invest based on value or at least "perceived" value, I try not to get so excited about the share price. If I liked the company at $.04...I should just love it at $.0155. If the playing field is level, this will eventually move up to its true value.
Other thoughts....maybe the persons who sold the shell have agreed to deliver a substantial portion of the float to pre-arranged buyers. By any standards, the purchasing volume has been spectacular. I'm hoping we hear some firm numbers soon and that they will get their filings current with pinksheets. Good night.
I am also still here....mostly listening. I'm really hoping the small cap market heats up....so that some of my other stocks can pop and I can build on my GTEC position.
To me investing is always a question of where can one's money make the best return. Which shares are most likely to move or double ...how fast and when? I suspect others have lighten up or diversified their GTEC position to cover more bases. I have done this to a degre in my trading account, but not in my longer term/retirement accounts. Optimistically I am hoping to rebuild my GTEC position as my other positions move. There's no way to gauge the wisdom or foolishness of doing this until the next few weeks and months work themselves out.
Dart, I've been quite pleased with the amount of dilution this stock has seen...
When the stock was reverse mergered they announced
April 30, 2007 10Q 72,592,929
June 30, 2007 10Q 81,111,234
Sept 30, 2007 10Q 81,804,734
My memory is that from the Q1 to Q2 DRGP established a stock option plan was implemented that they had to set shares aside for. Plus I think they have some debt and a promisary note that are backed up with potentially convertable to shares. I don't believe other shares have been sold or used as payment of any kind.
Best regards. RK
Did anyone else happen to notice the big block of sotck that traded at the offer yesterday? If I'm not mistaken it was like 257K or something. Then today a block of 40K right out of the gate.
Any thoughts? Rumors? Theories?
Well, I for one was surprised how close the Eagles came to beating the Patriots. I think they came in with a great game plan...and quite nearly pulled it off. Except for Feely's two interceptions, the game would have gone to the Eagles.
BTW, I'm not an Eagles' fan. Best regards.
RK
rkor....this might be a dumb question....but who is ta? Thanks.
rkor, do you think my projections in post #922 are on track?
"Last year's revenue $1.021 Million. This years (2007) should be at least $1.95 Million ($1.021 million x 1.91). If we apply the same profit margin (11%) as last year, it would lead us to expect net income of $214,521. If per chance their net margins improved, which we would expect same facilities, employee numbers, etc., to say 15% (or more?), that would give them net income of $292,500. So, realistically, on a per share basis we should be able to expect net income between .006 and .008 per share.
"If we translate this to a fair valuation based on the projected Price/Earnings Ratio we come up with some pretty encouraging numbers.
10 .06-.08
15 .09-.12
20 .12-.16"
BTW, I agree that if they can tell us the percentage of increase of gross revenue...they should be able to tell us hard numbers and with a bit of further calculating net income.
Eventually, I expect we will hear more information about these.
Randy
Wow....sounds pretty good. Still the stock price sits around in the low 2 pennies. You know there are a lot of stocks that cost a lot more that that have promised and produced a lot less. I wish I had $20-30K setting around I'd buy me a million shares.
While the major markets are down in the year end this is a great time to build up some positions that theoretically should turn very green in the new year.
One item I would have like to hear in this last press release is that they are planning to become fully reporting and move to the Bulletin Board in early 2008.
The Volume that traded yesterdayt was pretty amazing. Here we have no news....and trade over 1.2 or 1.3 million shares...and the public float is just 8.5 million shares. So about 15% of the float trades (or if both sides of each trade are figured in...between 7.5 and 10%). Still that's pretty amazing.
As I raise the question before...where is all this stock coming from? And more importantly, why would there be sellers smacking the bid...when the prospects for the company look at least somewhat promising? I don't get it.
1. I believe they have legitimate growing business.
2. They have national exposure...products represented in all 50 states. The marketing firm they signed on is top tier.
3. Definitely marketing their products to the next level. 55% increase in 3rd Quarter.... 91% increase in overall sales in November. Amazing.
4. Profitability. There were in 2006...so why not in 2007. I guess it's a bit of a wait and see what the final numbers will, but you'd expect they would be able pull a profit with almost doubled sales--and pretty much same facilities, expenses, etc.
5. Reasonable share structure. 8.5 Million shares in the float worth only 212,500 at 2.5 pennies....$255,000 at $.03 and only $425,000 at $.05.
Got to go....maybe more later.
I've not bought or sold GUPR but I have been fairly impressed with what I've read about it. It has healthy revenues, net income, and looks to be in a pretty serious growth industry.
I was wary of the P&D but think Guilin may do well over time, especially if the price continues to pull back.
The only problem is knowing when to catch the falling knife. It can go down further...stablize...or go back up. Who knows?
I've been watching a previous BoonMarket recommendation... BLLB...are any of you familiar with that stock?
Earnings Report and Estimates for BLLB. From their Financial Statements on Pinksheets.com in 2006 the company had revenues of $1.02 Million. From these revenues they had net income of $112,744. This comes out to a net profit margin of 11%.
So with the current share structure (post-reverse merger), BLLB had trailing earnings for 2006 of .003 per share. In perspective this means that
at 2 1/2 cents the stock is trading at a P/E ratio of 7.9.
At 2 cents it would be 6.3 and
at 3 cents it would be 9.5.
2007 ESTIMATES
In the November 20, 2007 press release we were told that to date sales were up 91% over the previous year. We can use this information to project revenue and earnings for 2007.
Last year's revenue $1.021 Million. This years (2007) should be at least $1.95 Million. If we apply the same profit margin (11%) as last year, it would lead us to expect net income of $214,521. If per chance their net margins improved, which we would expect same facilities, employee numbers, etc., to say 15% (or more?), that would give them net income of $292,500. So, realistically, on a per share basis we should be able to expect net income between .006 and .008 per share.
If we translate this to a fair valuation based on the projected Price/Earnings Ratio we come up with some pretty encouraging numbers.
10 .06-.08
15 .09-.12
20 .12-.16
I see this as a pretty huge opportunity. How many pink sheet or even bulletin board stocks do you know that have revenues and net income, and are growing at the pace that Bell Buckle Holdings is AND ARE TRADING AT THE LOW END OF THEIR RANGE??? I think the most likely answer is NONE.
NEWS 11/20/07 Bell Buckle Holdings, Inc. Continues Grocery Record Sales Pace, Over 90% Increase YTD Over '06
Announcement Comes on Heels of Massive Grocery Distribution Including Kroger, Publix, Albertsons, Woodman and Others
FARMINGTON, TN--(MARKET WIRE)--Nov 20, 2007 -- Bell Buckle Holdings, Inc. (Other OTC:BLLB.PK - News) announced today that its Grocery sales are up 91% YTD over last year . The company expects continued growth as it expands its distribution and product line. "We are certainly optimistic that we will grow our brand both vertically and horizontally," says Company CEO Brad Simmons. "We have demonstrated our commitment to building our ACV through the help of our distributors, and we are always cooking up new recipes, new ways to extend our great brands and fulfill our customers' needs. Our growth, as evidenced by our record sales at grocery, is a direct result of our entire management team's vision for Bell Buckle. We are thrilled to see such good results."
Recently Bell Buckle also announced that the launch of their Simplify brand Sugar-Free Pure Vanilla Extract has been more successful than anticipated. Simplify Pure Vanilla Extract is made using pure Madagascar Bourbon vanilla and is naturally sugar free; most vanilla extracts have corn syrups added. After a great deal of product testing and market research Bell Buckle Holdings, Inc. began offering Simplify Pure Vanilla Extract to the grocery market last month.