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Big RDC Are you aware how shareholders evaluate the news? "MPID
Ask Price
Size
Time
CFGN 0.389 2,500 09:30
CSTI 0.39 247,585 09:30
ETRF 0.39 119,248 09:30"
moneyman Of course I cannot say for sure that this company will be a big success if you look 10 years ahead. But I think the chance of that happening is very slim. It takes huge skills as a manager to achieve what the leaders of some extremely successful companies have achieved - AMZN ory TSLA being a couple of cases. Does this company possess any unique technological insight or patents that it can build on? If that is not the case and is in a market with cut -throat price competition I don't understand how it can generate great profits in the future. But this stock is worth holding even of the pps were to grow 20% per year.
KAD I would be more impressed if you can find another example than this one. I have seen it rebutted months ago. Since my memory is so poor I only think I remember that Mr. Park came across as a victim rather than the offender. Moreover, I have seen a similar case in my own European country. Then it was the qualitty of the masks that was at issue. My impression is that the same is the case here.
gshores Don't you know that it will be very easy for him to increase the number of authorized shares? He is in full control running the company.
gshores I think it is a good question why he would lie about anything. The fact that he owns no ordinary shares is in my view very strange indeed. Hardly anybody is that altruistic. For me that is a red flag.I just don't understand his motivation. I don't find the adduced motivation convincing. He seems to have transferred ownership of his company to SPZI and has received nothing in return financially. It does not make sense the way I see it.
KAM "Park said he had "retained" an auditor..has anyone verified that he has and that an actual independent audit is underway?" What would he gain by lying? It would come to light if lied would it not? Lying has its limitations!
Nickels I thought for some weeks that this stock might go to one or two dollars within a year. The projection from management of less than 2 million dollars this year shocked me in view of the high hopes of shareholders. If there is hope that the pps could rise to 50 cents this year that is a nice return too even if it is way less than a dollar. What is positive is that the trend seems to be in the right direction. It is if you expect the pps to fall or to stay flat to sell looks like a good idea. Do you have another stock that can be expected to rise 100% this year and where the risk is modest?
rwa "Net profitability can be easy for small businesses and giant corporations. Small cap and mid-sized companies generally only achieve it when helmed by meticulous and talented management" I questions these distinctions. Companies are not viable if there is no net profitability. This is the case with most otc companies that are financed by selling shares. I assume most NASDAQ companies generate net profits.
moneyman "I am sure people whined about Amazon in the beginning too, and they're not whining now" I see your point. It did take quite a long time to become profitable as far as I remember. But Amazon is a world leader and has a singularly outstanding boss. Do you think the leader of this company has anytning near his abilities? The quality of management is extremely important.
surfcast I don't remember convincing evidence that this stock is not a scam. But the choice of auditor suggests it is not. Another thing is the assertion of cooperation with reputable persons living in the USA. I have seen no statement by those persons that it is not true.
Boiler I agree that if a company can for instance triple revenues from 300 million dollars to 1 billion dollars in 3-5 years net earnings per share will probably increase a faster than revenues. Let's be optimistic and assume that IQST will do much better than management has projected this year and will generate net profits of 3 million dollars. Let's us be generous and accord the stock a p/e ratio a lofty 60 based on my projected net earnings per share this year and that 200 million shares are outstanding at the end of this year. What would be the stock price based on these assumptions? The stock price would only be 75 cents based on these optimistic assumptions as far as I can see. One thing is being the leader in the field of business it operates another is being very small relative to the competition. My impression is that the latter is the case with IQST.
gshores "Risk/reward here is a no brainer imo. There are a lot of scams out there, but the DD here proves otherwise. Will see what happens but I like my chances thats my motivation." My view is that the risk is extremely high and so is the potential reward. I disagree strongly that the DD here proves that this stock is not a scam. Generally I find the DD of those who write negative posts is nore convincing that the alleged DD of those who write positive posts. The latter regard it is as DD if they quote what John Park has stated in my impression. The DD should be to try to test if what he has stated is correct in my view.
Boiler You appear not to have grasped my point. My point is the gross profit margin. From the gross profit are deducted all the expenses to arrive at net profit. Another stock I am invested in claims a gross profit margin og 18%. In such a situation a nice profit margin is at least theoretically possible. When the gross profit margin is so low as about 3% a decent net profit margin would have impossible even without any expenses. Do you have the mental capacity to comprehend the above reasoning?
Boiler Thanks for a constructive post. I was impressed by your arguments a few months ago when you explained why there was no reason to expect that there was no reason to expect the pps to drop to 15 cents or lower because of the acquisition. The fallacy in your reasoning now the way I see it is that this business activity seems destined to continue having a very low net profit margin because the gross profit margin is so low. Gross profit a bit less than 5million dollars from revenues of 144 million dollars based on my memory. That is a gross margin just over 3%. I would like you to explain how a net profit margin of say 6% can be achieved. My understanding is that the business of this company is very different from the ones you mention because the gross margins are so much lower.
A big seller has appeared: "CDEL 0.36 243,914 09:42"
Thanks RD!
lifhdy I notice the pathetic responses to my post. Anybody with a minimum of intelligence can see that the pumpers are unable to provide relevant and to-the point replies to my posts.
chas I don't want more shares if you obliquely refers to me. I already own 222,000 shares of this company. It is totally ludicrous if you refer to me to call me a cockroach. I have two master degrees. One of them is in liberal arts and the other one a law degree.
Boiler You don't seem to have grasped what is bad news. It is not what happened last year but the fact that the operating profit margin this year is projected to be less than 1%. That is marginal profitability. What shows that it will become impossible to achieve a decent net profit margin is that the tross profit margin last year was so low that the net margin would have been low even if there had not been a few million dollars in expenses. Don't you understand the implications of these facts?
RD This is very confusing in some ways. My cart is now no. 6, whereas I have had the impression that it was created last year and was one of the first. Is the explanation that there are two series of tokens and that the ones you mention now are not the ones mentioned in the past as the tokens we own? Are the ones we own utility tokens? But RISO is after all mentioned and that is the one that is in our wallets.
oldman That is poor advice if he is capable of addressing the issues I raise. I suspect he is not. I have been in the stock market for 50 years. I know that earnings per share are way more important than revenues per se.
Boiler The challenge is to be realistic. Let's assume that the goal of revenues of 1 billion dollars is reached in 3 years and that the net profit margin improves to one percent and that this stock then is accorded a p/e ratio of 20. That would imply a net profit of 10 million dollars and a stock price of 1 dollars assuming an O/S of 200 million shares. It would suggest that the stock price could more or less triple in three years. Suggesting a stock price of 2 dollars at end of this year suggests deficient powers of analysis in my view.
Step-byStep I am not very much impressed by the intelligence of your reasoning. The last time I checked the pps was down even more and by double-digit numbers. There seem to be several moronic pumpers here.
Boiler This is a risky stock in my view. If goodwill is ignored net assets seem to be about 3 million dollars as against market cap roughly twenty times as high.With a net profit margin of less than one percent projected in an intensely competitive market it does not take much headwind to go belly up I would assume. Revenues are in themselves worthless unless they lead to substantial net earnings per share. With a projected profit margin of closse to nil I cannot see how substanial profits can be achieved in the future. This stock is at this stage more or less fully priced in my view at a prospective p/e ratio that seems to be in the twenties.
cootcat It is true that companies that growh fast are not profitable as was the case with this company until recently. But this company reduced expenses last year. Even so it operated at a loss. The big problem the way I see it is that the competition is so intense that even the gross profit margin is slim. It is simply impossible to achieve a decent profit margin in this intensely competitive business.
Finlay You dont 't to understand that revenues have little value when the profit margin is less than one percent. The gross margin is also so slim that the net profit margin would have been modest if the companies had had no expenses at all!!!!! Such a bad situation is rare.
quigley orrection......".forecast is 500,000.profit.per QUARTER........AND OVER DOUBLE THE REVENUE......SOUNDS GREAT TO ME.....5 DOLLARS BY YEAR ENC." If the operating profit forecast per quarter this year is smaller than the achieved operating profit of the last quarter and revenues are more than doubled it means that the extremely slim profit margin will be even less this year. Based on these projections it looks extremely absurd to expect a stock price of 5 dollars by the end of this year.
Snow I somehow wrote operating income when I meant operating profit in some places. The reality is that quarterly operating profit this year on an average is projected as being about 10% lower than the operating profit in the last quarter of 2023.
Based on the letter to shareholders the leader of this company comes across as being pretty stupid. Operating income was about 550,000 dollars in the last quarter of 2023. Despite the fact that the company is growing very fast he only expects an average gross profit each quarter about 10% less than the operating profit mentioned about. What makes this even more strange is that he mentions a big acquisition that as far as I remember in the past generated a net profit of a million dollar in one year. The two companies are already cooperating, which adds to improvements in efficiency. Does he mislead the market by being excessively conservative in his projections?
After seeing the goals for this year I am not surprised that the stock price had a sharp pullback. The goal is 500,000 dollars in operating income this year. This adds up to 2 million dollars in operating income from about 300 million dollars in revenues. Thehi expected operating margin is expected to be less than one percent as far as I can see. This is marginal profitability indeed and little to be happy about. In my view there is little point in creating high revenues when the ability to create a decent profit margin is so singularly absent. I am indeed surprised that some talk about a stock price of 2 dollars by the end of this year. If the company had expected to generate a normal net profit margin of 5-10% I could have understood such an expectation. But the expected net profit margin seems to be only about 10% of the range I mentioned. What counts in the stock market is earnings per share and not sales per share.
dranes Is it too funny that I present facts about the stock price?
Ask Price
Size
Time
CFGN 0.389 2,500 09:41
ETRF 0.39 107,951 09:35
'The ppsis down about 9 percent. The market does not seem to receive the financials well.
I t does not seem to be a good morning for stock holders in IQST. The pps is down. I guess the reason is no news.
So these two planned dividends will hardly make a dent in our budget going forward. Reassuring to hear RD!
RD Thanks for the update! I interpret your information to mean that Laxmi has achieved the sort of relationship he wanted to establish with certain European banks.
RD In the past there has been some focus on about 40,000 rich Indian investors in the USA and their role in the activities of Laxmi. Do you have any information as to what the current situation is?
surfkast Your knowledge does not seem to be up-to-date. "Neanderthal Intelligence
In the years since then, archaeologists and anthropologists have found an abundance of hints that the Neanderthals acted with a similar sophistication to our own species. In addition to their similar survival strategies and tools, recent research also suggests that the Neanderthals communicated and created cultures of art and adornment comparable to those of our ancestors.
The complexity of these activities suggest that the Neanderthals’ minds mirrored our own"
rding This is no small correction. It is an extremely important correction. It means that in practice ordinary shareholders cannot use their votes to do anything if Mr Park does not agree.
I-Glow "
Park will say or do anything to scam unsophisticated investors. If you believe in Spooz you are an unsophisticated investor." Can you provide some convincing reasons why he would act that way? He owns no ordinary shares. You have yourself provided information about a person who was incarcerated for 15 years for swindling investors. Is Park so stupid that he is willing to swindle shareholders even though he gains nothing in return financially, do you think?