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 think a lot of longs have become traders for a while till some big news happens,
Buy low sell for a little profit, go back and do it again.
VectorVest Stock Analysis of L & L Energy as of 3/23/2010
This report has five major sections.
Capital Appreciation Analysis
Dividend Analysis
Price-Volume Data
Sales / Market Capitalization Information
Summary
The ticker symbol for L & L Energy is LLEN. LLEN is traded on the NASDAQ - (O)
Business: L & L Energy, (LLEN) L & L Energy, Inc., through its subsidiaries, engages in coal mining; clean coal washing; and coal consolidation, coking, and wholesaling businesses in the People’s Republic of China. The company’s coal products include raw coal, washed coal, and metallurgical coke. It holds 80% equity interest in the DaPuAn and SuTsong mines, which are located in the Yunnan Province, as well as owns interests in the DaPuAn coal washing facilities. The company distributes its coal through direct sales and third party wholesalers. It was formerly known as L & L International Holdings, Inc. and changed its name to L & L Energy, Inc. on January 4, 2010. The company was founded in 1995 and is headquartered in Seattle, Washington.
Business Sector: LLEN has been assigned to the Energy Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Industry Group: LLEN has been assigned to the Energy (Coal) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Capital Appreciation Analysis Back to top
Value: Value is a measure of a stock's current worth. LLEN has a current Value of $18.65 per share. Therefore, it is undervalued compared to its Price of $9.66 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.
RV (Relative Value): RV is an indicator of long-term price appreciation potential. LLEN has an RV of 1.43, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.
RS (Relative Safety): RS is an indicator of risk. LLEN has an RS rating of 0.72, which is poor on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. LLEN has a Relative Timing rating of 1.20, which is good on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. LLEN has a VST rating of 1.14, which is good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.
Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. LLEN has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.
Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. LLEN has a Stop of $9.14 per share. This is $0.52 below LLEN's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. LLEN has a forecasted Earnings Growth Rate of 18.00%, which VectorVest considers to be very good. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, as shown weekly in our investment climate report.
EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. LLEN has a forecasted EPS of $0.96 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. LLEN has a P/E of 10.06. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 76.17. P/E is computed daily using the formula: P/E = Price/EPS.
EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. LLEN has an EY of 9.94 percent. This is above the current average of 1.33% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. LLEN has a GPE rating of 1.79. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 4.15%, the operative GPE ratio is 0.17. Therefore, LLEN may be considered to be undervalued.
Dividend Analysis Back to top
DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. LLEN does not pay a dividend.
DY (Dividend Yield): DY reflects dividend per share as a percent of Price. LLEN does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.
DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. LLEN does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.
DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. LLEN does not pay a dividend, so it does not have a Dividend Growth rating .
YSG (YSG-Vector): YSG is an indicator which combines DS, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. LLEN does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.
Price-Volume Data Back to top
Price: LLEN closed on 3/23/2010 at $9.66 per share
Open: LLEN opened trading at a price of $9.94 per share on 3/23/2010.
High: LLEN traded at a High price of $10.21 per share on 3/23/2010.
Low: LLEN traded at a Low price of $9.63 per share on 3/23/2010
Close: LLEN closed trading at price $9.66 per share on 3/23/2010. (Close is also called Price in the VectorVest system)
Range: Range reflects the difference between the High and Low prices for the day. LLEN traded with a range of $0.58 per share on 3/23/2010.
$Change: LLEN closed down 0.13 from the prior day's closing Price.
%PRC: LLEN's Price changed -1.33% from the prior day's closing price.
Volume: LLEN traded 577,211 shares on 3/23/2010.
AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. LLEN has an AvgVol of 581,397 shares traded per day.
%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. LLEN had a %Vol of -0.72% on 3/23/2010
CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. LLEN has a CI rating of 1.00, which is fair on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.
Sales / Market Capitalization Information Back to top
Sales: LLEN has annual sales of $57,000,000.00
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. LLEN has a Sales Growth of 139.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.
Sales Per Share (SPS): LLEN has annual sales of $2.19 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
Price to Sales Ratio (P/S): LLEN has a P/S of 4.41. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
Shares: LLEN has 26,000,000.00 shares of stock outstanding.
Market Capitalization: LLEN has a Market Capitalization of $252,000,000.00. Market Capitalization is calculated by multiplying price times shares outstanding.
Summary Back to top
LLEN is undervalued compared to its Price of $9.66 per share, has below average safety, and is currently rated a Hold.
The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.
Well im in 75k shares under .50 cents, been holding, I feel pretty damn smart right now and when this stock is at $8 in 18 months I will feel like a genius.
And that sums up why I am holding onto my shares of LPIH!
VALUATION MEASURES
Market Cap (intraday)5:
38.91M
Enterprise Value (17-Mar-10)3:
280.64M
Trailing P/E (ttm, intraday):
1.19
Forward P/E (fye 31-Dec-11) 1:
N/A
PEG Ratio (5 yr expected):
N/A
Price/Sales (ttm):
0.44
Price/Book (mrq):
0.19
Enterprise Value/Revenue (ttm)3:
3.19
Enterprise Value/EBITDA (ttm)3:
4.648
FINANCIAL HIGHLIGHTS
Fiscal Year
Fiscal Year Ends:
31-Dec
Most Recent Quarter (mrq):
31-Dec-09
Profitability
Profit Margin (ttm):
34.19%
Operating Margin (ttm):
38.18%
Management Effectiveness
Return on Assets (ttm):
4.58%
Return on Equity (ttm):
17.68%
Income Statement
Revenue (ttm):
87.90M
Revenue Per Share (ttm):
3.396
Qtrly Revenue Growth (yoy):
-39.00%
Gross Profit (ttm):
31.17M
EBITDA (ttm):
60.37M
Net Income Avl to Common (ttm):
30.05M
Diluted EPS (ttm):
0.98
Qtrly Earnings Growth (yoy):
N/A
Balance Sheet
Total Cash (mrq):
63.61M
Total Cash Per Share (mrq):
1.913
Total Debt (mrq):
305.67M
Total Debt/Equity (mrq):
N/A
Current Ratio (mrq):
1.601
Book Value Per Share (mrq):
6.269
Cash Flow Statement
Operating Cash Flow (ttm):
43.21M
Levered Free Cash Flow (ttm):
46.84M
View Financials (provided by EDGAR Online):
Income Statement - Balance Sheet
Cash Flow
ADVERTISEMENT
TRADING INFORMATION
Stock Price History
Beta:
0.75
52-Week Change3:
-68.48%
S&P500 52-Week Change3:
49.01%
52-Week High (28-Aug-09)3:
4.94
52-Week Low (11-Feb-10)3:
1.04
50-Day Moving Average3:
1.27
200-Day Moving Average3:
3.15
Share Statistics
Average Volume (3 month)3:
432,615
Average Volume (10 day)3:
621,586
Shares Outstanding5:
33.26M
Float:
25.68M
% Held by Insiders1:
64.46%
% Held by Institutions1:
0.20%
Shares Short (as of 26-Feb-10)3:
18.36K
Short Ratio (as of 26-Feb-10)3:
0
Short % of Float (as of 26-Feb-10)3:
N/A
Shares Short (prior month)3:
26.54K
Dividends & Splits
Forward Annual Dividend Rate4:
N/A
Forward Annual Dividend Yield4:
N/A
Trailing Annual Dividend Rate3:
N/A
Trailing Annual Dividend Yield3:
NaN%
5 Year Average Dividend Yield4:
N/A
Payout Ratio4:
N/A
Dividend Date3:
14-Jul-08
Ex-Dividend Date4:
07-Jul-08
Last Split Factor (new per old)2:
N/A
Last Split Date3:
N/A
China New Media Research out from Red Chip.
ok that was part of the video i saw previously, there is more, i guess they didnt put it all together for me, but you get the point. Ive seen several videos of Dave Gentry in China at LPIH facilities.
I have asked Red Chip for a video of the CEO from Red Chip in China at the LPIH facilities, they said they would send one over, as soon as i get it i will post it here.
Watch, its all there, i have seen the video before.
WAIT, it just showed up via e-mail, I am posting it now.
mms://wm.vitalstreamcdn.com/aurelius_vitalstream_com/RC/Podcasts/LPIH/08112009LPIHTour.wmv
Watch that, its all real and legit, I have also seen photos of both facilities, and the Ceo of Red Chip standing with employees at both facilities.
This LPIH is the real deal folks, just take a look.
First off, this poster with the link to seeking alpha is a joke, he comes out of nowhere and posts crap that could have been written by a retarded 4th grader. Calling a good company a scam. Just like people on CHNG posting bad info on seeking alpha.
No real information.
As far as Red Chip is concerned, some of you call them a Pump and Dump, Call them what you like, all I know is that none of you would be in LPIH if it were not for Red Chip. Red Chip is the company that talked to LPIH about going public and Red Chip is the company that showed you people this stock at .25 cents.
These profits would not be in your pocket if it were not for Red Chip. Along with many other stocks I have bought from their promotional services,
LLEN, CEU, WEMU, CHNG, CTXIF, NG, ZSTN, ALN, CHGS,
You can call them a Pump and Dump, but if thats what they are, they sure do a fantastic job of finding and pumping up these companies and helping them get up listed to a higher exchange.
I have talked to a lot of PR/IR firms over past 15 years, but never have I ever seen any one of them do what Red Chip has done in the last 18 months. Unbelievable returns and I am making a killing off Red Chip Stocks.
mms://wm.vitalstreamcdn.com/aurelius_vitalstream_com/RC/Podcasts/LPIH/LPIH_Promo_11252009.wmv
This article is a Joke right??
National Securities went over to China and spent 3 days there, raised them several million $$$.
Red Chip came back from China and posted videos of Dave Gentrys trip with the facilities and the employees and signs in front of the plant, all that stuff, that article is a JOKE, it has no credibility.
Someone it trying to bash good deals, just because Red Chip covers them, thats ok, those guys will loose. We are all up big $$ because of Red Chip stocks, I dont see that changing, ive got much more money to make with them.
Thats exactly why I buy stocks based upon good fundamentals vs short term trades. Fundamentally strong stocks will always do well in the long term.
LPIH has those strong Fundamentals.
Trying to figure these stocks out day by day is just going to drive you nuts. If you are sure about a company, there maybe some stumbling blocks in the road, there may be a few dips and highs, but if you like if fundamentally, Long term will always pay off.
Ask Glen Bradford, is he trading this one or is he buying for the long term??
Ill betcha its the second one!
ok blame me, and Glen Bradford and everyone else on this board who still likes this stock.
So if you dont like the stock, just sell and go away.
Good Bye.
I am happy with my 75,000 share position in LPIH at a cost of under .50 cents. Do I think this stock will go higher?? Yes I think it will go above $8 in a year. I think it will get up listed and if i didnt think that I would clearly say so and be out of the stock.
I got the idea from Red Chip, and I am up in several of their ideas, so i can not blame them for my huge gains.
National Securities did the raise for LPIH, and they started the raise at 1.20.
Now LPIH has the money to grow, fill tanks, and grow more. I see it as a good thing even if i have to wait a little longer for the stock to move up to my predicted price of $8.
It would not be getting to $8 without the raise, they would not have had the expansion.
Stop looking for someone to blame, start being a little more positive on your investment or get out and move on.
Enough already on blaming people.
ok, So Crane is not to blame, Red Chip Does IR, dont know how they are to blame, IR is just advertising. HMMM who to blame, who to blame,
How bout you look in the mirror and think about who to blame if your investment in a good company came a little to late to the party and now you have to sit and wait a little while for the big increase in share price.
Most of us on this board have known about LPIH since under .50 cents and we heard about this stock from Red Chip. So we are up significantly on the Red Chip recommendation. Along with several other Red Chip stocks.
LLEN, NG, CHGS, CEU, RXII, ZSTN and last year ZAGG.
So the only thing I blame Red Chip for is giving me great investment ideas. I will keep reading their material for more great ideas.
Everyone Here likes Puda, and Lpih, and many other stocks, there is no reason to come to this board and start comparing apples and oranges.
I didnt ask anyone to remove any of anyone's posts, I do know many of the posters here though and we try to keep it civilized here. Real information is all we need here.
No reason to come here talking about another stock we all like and start putting this one down.
Life is good, these Chinese stocks have made us all a lot of money. Some faster than others. Look at LLEN right now, over $10 we like that one also.
Puda is a good company, Lpih is a good company, in time they will both make us a ton of cash. I dont sink all my eggs into one basket, i diversify.
Puda is Coal, if you want to compare Puda then compare it to LLEN, LPIH is in a different sector, and your not going to post that crap here. I will have your post removed if you continue.
up list will come, Look how long it took LLEN, like 8 months. According to the conference call they haven't sent in the paper work yet.
It will all be good in time, be patient and buy all you can here while you have the chance.
Well i am not really concerned with this quarter, I am a longer term holder here, I am buying more as i come up with cash.
I like loading up more here as I really truly believe this stock is going to be an $8 stock in 2 years, thats a big enough return for me to load up here.
I so much agree, this is a time for great accumulation now that the MM's have the stock trading here at the warrant price, we should be picking up all we can at these prices while they last. 2.25 to 2.35 anywhere in here is a steal.
Hello is anyone out there?? AMCF this thing is HUGE!!
Press Release Source: Andatee China Marine Fuel Services Corporation On Tuesday March 2, 2010, 6:00 am EST
DALIAN, China, March 3 /PRNewswire-Asia/ -- Andatee China Marine Fuel Services Corporation (NasdaqGM:AMCF - News), the leading independent operator engaged in the production, storage, distribution, wholesale purchase and sale of blended marine fuel oil for cargo and fishing vessels in Northern China, will hold a conference call on March 3rd to discuss financial results for the fourth quarter and fiscal year ended December 31, 2009. The conference call is scheduled for Wednesday, March 3, 2010 at 8:00 a.m. EST (5:00 a.m. Pacific).
To participate in the call please dial (877) 941-8416, or (480) 629-9808 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties can also listen via a live Internet webcast, which can be found at the Company's website at http://www.andatee.com or accessible directly via the following link: http://viavid.net/dce.aspx?sid=000071C4
A replay of the call will be available for two weeks from 11:00 a.m. March 3, 2010, EST until 11:59 p.m. EST on March 17, 2010. The number for the replay is (800) 406-7325, or (303) 590-3030 for international calls; the passcode for the replay is 4252150. In addition, a recording of the call will be available via the company's website at http://www.andatee.com/ for one year.
About Andatee China Marine Fuel Services
Andatee China Marine Fuel Services Corporation ( http://www.andatee.com/ ) is a leading independent operator engaged in the production, storage, distribution, wholesale purchase and sale of blended marine fuel oil for cargo and fishing vessels in Northern China. Headquartered in the City of Dalian, a key international shipping hub and an international logistics center in Northern China, Andatee maintains operations in Liaoning, Shandong and Zhejiang Provinces in the People's Republic of China.
Andatee China Marine Fuel Services provides customers with value-added benefits, including single-supplier convenience, competitive pricing, logistical support and fuel quality control. Its products are substitutes for diesel used throughout east China fishing industry. Backed by core facilities, such as storage tanks, marine fuel pumps, blending facilities and berths (the space allotted to a vessel at the wharf), its sales network covers major depots along the towns of Dandong, Shidao and Shipu along the east coast of China.
Yes this stock is very undervalued with a 1.5 mil short position, can we say Short Squeezzzzzzzz???
Go CHNG,
Growing Revenues through acquiring other marine fuel stations and turning them into one stop shopping for the marine industry. Also adding in the fact that they use their patented technology fuel that is not at present time controlled by the government.
Super High Margins here for a fuel company based in China.
Rodman did the raise for AMCF and Newbridge took them public in January. Red Chip is the IR firm.
AMCF looks like it has a nice technology with converting waste fuels from diesel refineries into usable fuel for the marine industry. The margins are very high compared to other fuel companies because fuel from waste is not controlled by the Chinese Government.
This could be an explosive play from here.
Well for sure, I would love to see LPIH uplisted. I would love it to be uplisted tomorrow, however reality is as of last week the paperwork has not been submitted yet.
I hope they get it in soon.
If i remember the conference call correctly, I think he (Crane) said they had all the paperwork filled out but not sent in yet.
Correct me if I am wrong, but thats how I remember it!
At first glance, with a PE of 4.5, it makes me want to take notice and do more research on it.
Thank you for alerting me about it.
0 volume, 0??? Seriously??? COME ON PEOPLE this stock has GAAP .30 cents earnings, and it trades at a PE of 6, no one even pays attention here??
What is wrong with this picture??
no symbol found.
You know, I have seen a lot of people comparing PUDA and LLEN. Which one is better, mine is better than yours. All I have to say is these Chinese Coal stocks are going to continue to rock. Smart investors should probably own both.
eom.
You know, I have seen a lot of people comparing PUDA and LLEN. Which one is better, mine is better than yours. All I have to say is these Chinese Coal stocks are going to continue to rock. Smart investors should probably own both.
eom.
well then maybe you dont need to e-mail him, if someone else wants to verify what you typed, and wants to e-mail Crane, it was a suggestion.
Either Way, this stock is a buy,
Be Blessed,
Someone e-mail Jim Crane, then post his answer here. I can not do it at this time otherwise i would.
Hey, I dont mind the pumping, as long as there is no dumping!! LOL Tell the world about LPIH, lets all make a ton of cash here.
75k long cost below .50
I agree, Crane has improved greatly. I was really upset with him after the Rodman conference and then the Red Chip one was not much better. However since the last two earnings calls, he has done a good job.
Amex Listing paper work ready, not filed yet,
New guidance by mid March, will give guidance for next 18 months.
85% of the cash from the raise went to purchase fuel from refinery
They buy fuel 5% below the market and can sell 5% above market according to government regulation, however if they buy fuel at the right times the market could be higher when they sell the fuel.
No one time hit to the 2011 numbers, so guidance in 2011 will be good.
Growth will be comparable to recent quarter. Growth was pretty significant last quarter and should continue.
Agency revenue to start coming in this next quarter to new facility. Less competitors, Less orders, but bigger orders.
No changes to guidance in a negative aspect, Beat non gaap numbers, beat revenue, so they believe the non gaap will be better than expected.
The only dilution has been financing, conversion of debt and warrants. Again 85% went into inventory.
Investor bashed Jim Crane about bonuses and blames him for IR firm, Jim ignores question, says that he was hired after raise was started and says the raise was a good move for the company.
Investor does not understand that IR firm got involved with LPIH at .25 cents and has helped this company grow to where it is now.
Could not jeopardize the financing because stock price went up. They can not control the price of the stock.
Short term no acquisition plans, long term there are plenty of opportunities for more growth. Right now focus is on new Gujiao facility.
Personal note, Jim did pretty well today, handled questions well, avoided when he needed to and answered with confidence that LPIH is a continued success.
I didnt hear why he said he wanted the stock price at 2.75 and $3, something about a ceiling?
Sales up, continue to grow, 2011 should be stellar. I still believe this is an $8 stock by the end of 2011. Im holding.
It was highly undervalued in March of last year, This stock deserves to be $13 or higher based upon its current PE and growth.
LPIH qualifies for AMEX right now, no need for reverse split in my opinion.