breeding
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Does that estimate include the fact that iec will not pay taxes due to the NOL's?
This was posted on the Yahoo board:
I am a small time investor, very amateur but will give it a shot posting a brief analysis of IEC. I hold a very small amount of shares and would hold more if I did not have to diversify. Judging some of the income data from the yahoo finance sheets here is some information i have gathered that supports major increases in the p/e level from a fundamental standpoint. Any comments or suggestions are appreciated, so here it goes...
1st
Net income trend. quarterly over the last year.
quarter ending 12/25/09 saw net income at $753,000. This increased 37.58 % to $1,036,000 for quarter ending 03/26/2010. From $1,036,000 net income increased a further 19.5% to 1,238,000 for quarter ending 06/25/2010. From $1,238,000 net income increased an astounding 31.5% to 1,628,000 for quarter ending in 9/30/2010.
Profit Margins:
2010 saw a steady increase in IEC profit margins. the period from 12/25/09 to 03/26/2010 saw a profit margin of 15.58%. The following 3 quarters saw a profit margin of 15.92%, 17.84%, and 17.5% respectively. We can see a nice uptrend in the profit margins for the 1st 3 quarters with a slight decline for the last quarter.
Liquidity:
for the 4 quarters starting 12/25/09 IEC shows an acid-test ratio of 1.379, 1.248, 1.60, and 1.396 respectively. Meaning the company has been relatively liquid.
Debt to equity:
For the 4 quarters starting 12/25/09 IEC shows a debt to equity ratio of 1.518, 1.385, 1.248, and 1.19 respectively showing a steady downtrend in the amount of debt the company is holding as a percentage of it's assets. This is telling for the company as we will see it's value rise in the future if they continue to reduce debt.
My analysis indicates I was right in taking my long position and my decision has been reconfirmed by the latest economic data.
disclaimer: I am not a licensed broker or consultant.
This was posted on the yahoo board:
I am going to give it a shot to do a brief fundamental analysis on the last 4 quarters of Zagg. I am not a licensed broker or consultant.
Net income Trend:
for the 4 quarters starting December 31, 2009: Net income was 251,000; 791,000; 1,911,000; 3,859,000 respectively. That is an increase over the last 4 quarters of 215%, 141.6%, and 102% respectively. There are no typos here :).
Profit Margins:
Profit margins have seen a slight down trend since the 2nd quarter but are still at obscene levels. for the 4 quarters starting December 31, 2009: Profit margins were 53.9%, 56%, 50%, and 49.78% respectively.
Acid Test Ratio:
for the 4 quarters starting December 31, 2009: The liquidity ratios were 2.74, 3.10, 2.03, and 1.72. While ZAGG has lost some of it's liquidity it is still not at a level to be concerned about in my opinion.
Inventory Turnover:
for the 4 quarters starting December 31, 2009: the Inventory turnover ratio was 3.08, 1.97, 2.425, and 2.22 respectively. While there was a sharp decrease from the very high levels in the beginning of the year, this ratio appears to have stabilized at a confortable level. Meaning the inventory increases are due to an increase in demand and not due a slowing in sales, at least for the latter 3 quarters.
Now for the one of the most attractive ratios for Zagg.
The Debt to Asset ratio:
for the 4 quarters starting December 31, 2009: The debt to asset ratios are 0.27, 0.25, 0.36, and 0.39. While there has been a modest uptrend in this ratio, it is still at a very low level. This means There is very little risk at this point of Zagg going under due to defaults on it's debt.
This brief analysis reinforces my decision to be long on ZAGG using recent fundamental information as a guide to maintaining my investment. Good luck to all.
Hope this helps.
Is this SPNG all over again. I swear it is impossible to trust these OTC stocks.
I got burned too, at one time this was 70% of my investment portfolio. I ignored the warnings of some on here to diversify because I thought this was the closest thing to a sure bet. Now I am toast...
are you buying mike?
Not a good month for Alan Davidson if he did not sell some of his position.
Every week is a huge week. The stock continues to decline.
Perhaps Raw made the same mistake Houtheman did when the share price was down. We will see.
When did AB post he was out?
What I am wondering is if Raw thought this was eventually going to 7.50 why would he be selling now?
Their track record shows 400% gains on average year over year and some companies making it the nasdaq's. I see the pump's. Although the dumps do not happen every time.
rumor has it this stock is about to fly.
I for one am glad they do not come out with a fluff and pump PR every day. It's tacky.
Why are we factoring in 0 for CLS deal? There is no proof of revenues but people are stating matter of factly the deal will make no money. That is just as much an opinion as saying it is gonna reap huge revenues.
jmo but I think a lot of the pressure on the stock today was from Sykes and his lemmings. Recovery at end of day was due to mass covering.
Maybe management is trying to drive down the share price so they can take it private... just a thought...
I was born under a little rock in Alaska. j/k
I will be the first to admit that I am not important yet. But I hope to be one day. Hell, I do not even want to be important as long as i can make a living doing this.
So Gurupup, Toptick, Alan Davidson, and Skip are all the same people. Good to know.
1.30. I do not understand all the doom and gloom on this board. People claiming p/e will drop to 2 are smoking something. All that has changed fundamentally is the co. Is paying taxes. Big deal. If you would rather the company not make enoughmoney to pay taxes then ur on something.
I have a feeling the only reason share price is low right now is the late 10-q, that being said I expect a surge when the 10q comes out. Correct me if I am wrong.
This stock does so much toying with emotions...
I was not able to listen because I work full time.
He is just bitter because for now Rawnoc was right about ALIF. If and when ALIF goes up again, Bob's bitterness will dissipate and he shall fade away into the mist...
Egmi? This is the CIRQ board. Where the heck have you been?
I am curious to see where they are going to get it.
And what information was in the report that the market does not like oh benevolent one...
who did you hear this from?
why is that?
The penny miss is taking us to the woodshed because the PE justifies sequential growth... not sequential shrinkage. I am loathe to add to my position here until I see signs that they are going to hit a home run besides the invisible shield(including Zaggskins) which have ever decreasing margins do to increased big retail exposure. I do not believe Zbuds or appspace are going to do it in my opinion. But hey, if they do... thats great!
I just assume when someone makes a negative comment on EGMI that they are ignorant, or just dumb, or have not done their DD. Only reason this is not at 7.50 is the world is too stupid to buy it :P. (this post is a joke but has some truth to it.)
How do you see 0.10 quarters soon?
And were off!!
Getting Listed lately seems to hurt pps. Look at what happened to Zagg and GFRE. I wonder if egmi getting listed will help all that much. The games seem to continue regardless of the exchange... just my opinion. Feel free to correct me with examples.
There is an apparent disconnect between eps and share price today.
Was this a cup and handle?
I just bought 160 shares at 5.78. Let her fly now
Is it me or is this moving with the market?
I must say I am a bit nervous. So far a lot of stocks have been coming out with good earnings reports and yet crashing after the release.