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Yes, took a starter position (21M) today. too good of an opportunity to pass. Thanks Everyone for the inputs.
AVEW looks like a solid company. There is some good DD on this board. good business model. The more DD I am doing, I am liking it more. good entry point as well.
Agree. Hope the next PR contains the dollar amount of the contract. That attracts new investors/traders, and helps to take AMMX to higher levels.
We have the signed MOA. People haven't yet realized how big of an update this is. It's just a matter of time before the $240 MM contract is signed.
yes, AMMX trades like a big board stock. solid company here. steady increase in revenues, and new orders/contracts continue to be announced on a regular basis.
Lee mentioned in the conference call he is willing to do either a share buyback or give a dividend, if AMMX gets the Niger contract.
just a matter of time, before AMMX starts trading at way higher levels.
Thank You BOS for the welcome. glad to be on this board with you. I think you found another GEM here with PDMI. IN for the long haul :)
liking what I see here. took a starter position.
That's a great chart. AMMX building nice support levels, while reaching higher highs & higher lows. Management & AMMX acting like a big board company. This is one of the stocks, where I can sleep peacefully without any worries about my investment. bet this will be the talk of the town very soon.
Great News. AMMX continues to deliver on equipment orders while maintaining focus on the huge contracts in Africa. AMMX has already added more than $3M+ in revenues for 2014. compare that to $6.1M revenue made in 2013. It's just a matter of time before this GEM becomes the talk of the town :)
AMMX is firing on all cylinders, and with no dilution, I feel very comfortable with my investment here. IMO, it's just a matter of time before AMMX starts the real move to dollarland.
This is great news. IMO, looks to me like a done deal though it may take some time to officially say that.
consistent orders of 240K, and the other proposed 500K order adds to the bottomline.
AMMX is a solid investment, believe we are on the cusp of something big.
Reasons to invest in AMMX - has potential to hit dollarland
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
- No dilution since Feb 2014. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation (15 cents)
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation (25 cents)
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation (8 cents)
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. link to stervc's valuation on AMMX - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97373448
-----------------------------------------------------------------------------------------
List of PRs release during 2014:
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
Thanks Lex. yes, AMMX has a great story.
call out to all shareholders of AMMX
AMMX is currently an under-the-radar stock with very low awareness, and which is trading well below its true valuation.
I think as shareholders of AMMX, we should try to spread the good word about AMMX to various boards. we got to make sure to spread the facts, and not try to spam the various boards. also do make sure to spread the good word to other key members on ihub with whom you might have collaborated previously on other stocks.
AMMX needs awareness, and volume to reach it's true valuation. As others have mentioned on this board, IMO, it's best to concentrate on the released PRS/contracts/increased-financials. The $270MM Niger deal should be mentioned as a bonus, and not as the pure driver to purchase this stock. Else everyone would be waiting on the Niger deal to take a position in AMMX.
just my 2 cents.
-David
It's great to see you here $oldier Hard. I would really appreciate your insights going forward. AMMX has been very transparent & approachable to shareholder enquiries.
Marty is the IR representative, and many share holders have posted communication from her on this board.
MikTrader is one of the longs here on AMMX, and is one of the persons I respect on this board. Kevin Atkin is the CFO of AMMX. He started as a financial consultant to AMMX during September 2013, and was appointed as the CFO during Jan 2014.
Per the conference call held by AMMX on Feb 14, 2014, Kevin mentioned that if all goes well, they have plans to audit in the near future(probably summer or fall). As mentioned by MikTrader, they have a software running parallel to the old one.
AMMX feels like a real board stock with a transparent management, no more dilution, increased revenues/contracts, future potential of huge contracts etc. Do notice this board doesn't yet have bashers. Welcome again to this board.
check out $AMMX - can go to dollarland in 2014
- No dilution since Feb 2014. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
check out $AMMX - huge potential to go to dollarland in 2014
- No dilution since Feb 2014. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
$AMMX - can it be the next $PLUG
- No dilution since Feb 2014. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
$AMMX - can become the next $PLUG
- No dilution since Feb 2014. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
yes, AMMX had dilution and that's one of the reasons for the drop in share price. But Lee Hamre(CEO) reiterated during conference call that there won't be any dilution after 2/14. looking at the way AMMX is trading, there is no dilution now. company is cash positive.
I should have probably said - no dilution since Feb 2014.
checkout $AMMX - can become the next $PLUG
- No dilution. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
checkout $AMMX - can become the next $PLUG
- No dilution. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
$AMMX has the potential to be the next $PLUG
Reasons to invest in AMMX - has potential to hit dollarland
- No dilution. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share. stervc's AMMX valuation
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
Reasons to invest in AMMX - has potential to hit dollarland
- No dilution. Management taking restricted shares as salary. shows belief of Management in stock price
- 30 year old company in Chico, CA. got hit during the recent recession. diversified operations to international countries, and is now making a comeback. generating contracts in latin america, across US, and potentially huge projects in Africa. AMMX generated $20 to $30 million pre-recession though with less profit margins.
- low float - 230 million. OS - 520.1 million. restricted - 288 million. (out of the restricted shares, management holds 180 million)
- positive cash flow of $817K per 2013 Annual financials released today. Inventory is $955K, Accounts Receivable is $748K
- No note receivables
- In 2013, revenue increased by 79 percent & net income increased by 362 percent compared to 2012 financials.
- During the first 3 months of 2014, company has already announced contracts worth $2.727 million. compare it to 2013 annual revenues of $6.1 million.
- huge pending projects(projects in the range of $270 million, $500 million, $40 million etc) in Africa. even if AMMX can secure one of these projects, we are looking at a huge increase in PPS.
- high probability of securing the $270 million Niger project. during the recent conference call, Lee Hamre(CEO) mentioned that Niger PM visited AMMX facilities in Chico, CA. Lee made 30+ trips to Africa establishing relationships, and building the ground work during the past 5 years. IMO, it's not a matter of 'if', but it's about 'when' we hear the news of AMMX securing this $270 million contract.
- CEO is highly confident of securing the $270 million Niger deal. should get more details during next week.
- stock is trending up, and is establishing support at key levels.
- company is issuing PRs on a regular basis. A very transparent company in terms of communications with share holders - conference calls, regular PRs etc.
- As MarqueeGemFinder pointed out, with the new EPA 2015 changes, AMMX is rightly situated to take advantage of the huge demand for US domestic core operations for handlers and equipment upgrades.
- strong possibility that AMMX will hit dollar land in 2014. Once AMMX secures one big project, AMMX would have huge cash flow, and I think the barrage of other huge contracts would follow.
-----------------------------------------------------------------------------------------
Total Number of Shares Issued and Outstanding: 520.1 million
Float : 230 million, Restricted : 280 million (out of the restricted shares, management holds 180 million shares)
-----------------------------------------------------------------------------------------
true valuation of AMMX based on 2013 financials released today. (http://finance.yahoo.com/news/ameramex-international-reports-end-financials-140000619.html )
The company reported revenue of approximately $6.1 million with gross profit of $2.6 million compared to revenue of approximately $3.4 million with gross profit of $2.4 million for the year ended December 31, 2012.
Borrowing from stervc's post - With AMMX, it is already known where such Sector/Industry that AMMX would trade. This particular Industry already has a growth rate (P/E Ratio) for the stocks that exists within such Industry. Logically, AMMX would be classified to exist and trade within the Industrial Equipment & Components Industry within the Industrial Goods Sector of which already has a 31.00 for its P/E Ratio as indicated below:
http://biz.yahoo.com/p/621conameu.html
$2,600,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0049 EPS
0.0049 EPS x 31.00 P/E Ratio = $0.15 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0049 EPS x 10.00 P/E Ratio = $0.49 AMMX Per Share Valuation (4.9 cents)
As of today AMMX is trading around 3 cents, which is still a bargain when compared to valuation based on 2013 financials.
-----------------------------------------------------------------------------------------
During the first 3 months of 2014, AMMX announced contracts that are worth $2.727 million. If AMMX goes at the same pace, we are looking at revenues > $10 million at end of year 2014.
In 2013, AMMX had $2.6 million profit on a $6.1 million revenue - which is a 42.6% margin. Assuming we have similar margins in 2014, for a $10million revenue, we are looking at a profit of $4.26 million.
For a $4.26 profit margin, valuation of AMMX would be
$4,260,000 Net Profit Margin ÷ 520,100,00 Shares (OS) = .0081 EPS
0.0081 EPS x 31.00 P/E Ratio = $0.25 AMMX Per Share Valuation
Conservatively, even if we apply a P/E ratio of 10, share price should be 0.0081 EPS x 10.00 P/E Ratio = $0.08 AMMX Per Share Valuation
These are very extreme conservative valuations.
-----------------------------------------------------------------------------------------
When we get the $270 million Niger contract, refer to stervc's valuations of hitting $1.41 per share (conservative) to $4.20 per share.
-----------------------------------------------------------------------------------------
AmeraMex International Reports Year-End Financials: Revenue Increased 79 Percent and Net Income Increased 362 Percent(Fri 10:00AM EDT)
AmeraMex International Receives a $648,000 Rental Equipment Agreement(Wed, Mar 26)
AmeraMex International Receives Equipment Orders Totaling $925,000(Tue, Mar 18)
AmeraMex International Projects Revenue Growth of 71 Percent and Continued Profitability for 2013(Fri, Feb 14)
AmeraMex International Receives Equipment Orders Totaling $404,000(Mon, Feb 10)
AmeraMex International Hosts Shareholder Conference Call(Mon, Feb 3)
AmeraMex International Receives $250,000 Order From Central America(Tue, Jan 21)
AmeraMex International Receives $500,000 Order From Guatemalan Port(Tue, Jan 14)
AmeraMex International Names Kevin Atkin Its Chief Financial Officer(Tue, Jan 7)
Nice board. AVEW is a good pick.
Thanks for the post BB. Those are some fantastic insights, and the comparison between Monster Beverages & Level 5 is spot-on. Your insights make this board special.
Buybio2 provides lot of value to this board. I learnt a lot from buybio2's insights on MINE. Surprised to hear that buybio2 is limited to just one post/day.
Admin- pls reconsider
Check out Signet's 10K - http://www.signetjewelers.com/sj/uploads/dlibrary/documents/Form10K2012.pdf
Berge will be discussing with Sterling(who manages operations for all Signet's stores in US - Kays, Jared etc). The main point of discussion is not about the $300K payment. Berge is interested in what Sterling/Signet wants to do going forward. In Berge's own words -
Good point bri_bri. Yes, it would have been a $200K+ positive 1st quarter - had Bergio received the $300K payment from Ultra Diamonds. Given that Ultra Diamonds is now bought by Signet(largest specialty retail jeweler in the UK and US - close to $4B/year in sales), it would be a pocket change for them to make the payment. would show up as a huge +ve on the balance sheet whenever they make the payment.
nice observation. totally agree. shopNBC did their research and had to be confident about Bergio's performance for them to make the exception, and bear the manufacturing costs for Bergio.
yup, I don't have much expectations on the first quarter. i guess the focus went into setting up foundations for various projects :
- launch on shopnbc. BRGO did incur some design costs etc
- expansion into Greece, Dubai etc
- getting ready for the JCK show in Vegas - which means BRGO has to come up with new designs & new inventory
- ties, scarf etc business
- discussions with Columbia bank on credit line etc.
The future looks very bright for BRGO with upcoming events from all the above projects, in addition to the discussions he is going to have with Sterling/Ultra Diamonds/Kays/Signet at the JCK show in Las Vegas (June 1st week). Keep in mind, he is also confirmed to discuss with shopNBC at the JCK show in Las Vegas on future airings etc.
shopNBC took the manufacturing cost. It appears, BRGO did incur some design etc costs. don't know the manufacturing capacity, but here's a link to an interesting article.
smallbusiness.blogs.cnnmoney.cnn.com/2009/01/04/how-to-get-your-product-on-qvc/
And pay attention to this quote from the article -
with these results,I bet shopnbc would be very much eager to increase the partnership stake with Bergio.
shopnbc made around $280M revenue/year on just jewelry sales. Even if Bergio can capture a small percentage of that, we are talking 'millions' in revenue. Let's see how it works out.
Awesome stuff. #37 on list of all jewelry sales at shopnbc with just one airing for 60 mins :)
BRGO is a winner. results speaking for BRGO.
Congrats! All the Best
yup, 9 top selling items after just one airing. with these results, i can only expect shopnbc to be very keen to expand their partnership with Bergio.
9 Bergio items in first two pages for Top Selling items on www.shopnbc.com under Jewelry of Brilliance.
http://www.shopnbc.com/SearchM/Default.aspx?page=LIST&prop=Jewelry%20of%20Brilliance|3485&BreadCrumb=prop&catprop=3485&icid=DN-_-JEWELRY-_-JoB&cm_re=DN-_-JEWELRY-_-JoB&Items=&sort=4&Items=
results speaking for themselves. Go BRGO
Great News! Thanks Krony
That's a relief. Good to know.
BRGO will also be in that league. Huge things coming.
to name a few
shopNBC expansion - much more slots, and more revenue
Ultra Diamonds (or Kays after June 2) expansion - more revenue
expansion with Estet - Bergio is on Estet's homepage for the 2nd consecutive month -http://www.estetjewelry.com/
expansion into Greece, Italy etc - Ties, Scarfs, Belts
credit line from Columbia Bank - end to dilution
expansion into Dubai
BRGO already had consecutive quarters with profits - can you imagine a pennystock with profits, national TV exposure, and realtionships with such large companies :)
BRGO focussed on a roll-up strategy - we believe it means acquiring other jewelry houses etc.
assuming BRGO has 1B OS, (actual OS now is 846M)
for $10M/year revenue - share price without applying any ratio would be $10M/1B = $0.01 ( 1 cent)
for $100M/year revenue - share price without applying any ratio would be $100M/1B = $0.10 ( 10 cents)
When we apply ratio's, share price would be (typically ratios vary from 10 to 20 - not sure about this, but based on other posts on board)
for $10M/year revenue = $0.01 * ratio of 10 = $0.10 (10 cents)
for $100M/year revenue = $0.10 * ratio of 10 = $1 (1 dollar)
would help if someone on this board can come up with a valuation analysis on BRGO considering all revenue avenues(shopNBC, Ultra/Signet deal, Estet deal, roll-up strategy, expansion into Greece/Dubai/Italy etc). I know there are many unknowns, but would help to come up with a valuation analysis, and sticky it.
Amazing post :) JC. I think this is one such post that should be immediately stickied. People coming to BRGO board want to know how the shopNBC premiere went by. This post gives the best summary on the whole shopNBC show. I think this should be stickied immediately, and be stickied for atleast the next week.
Inactive mods should realize what this board is missing by not stickying such great posts. I can't emphasize how important it is to have active mods who can sticky relevant information that's happening every week.
We can't expect Newbies or big traders coming to BRGO board to sift through 1000's of messages to find such great information. I am not saying they should not do their DD, but we should be realistic to help them out on their DD by stickying such posts.
Hope this message gets to the inactive mods.
Krony - can you do us a favor by becoming one of the mods?