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TRLG numbers are in:
Anyone that doesn't spend time listening to today's conference call will be leaving money on the table, imo.
http://biz.yahoo.com/bw/050728/285898.html?.v=1
# Reports 2Q05 Sales of $22.0 Million
# Reports 2Q05 Diluted EPS of $0.18
# Raises Sales and Earnings Guidance for Fiscal 2005
# Issues Preliminary Guidance for Fiscal 2006
For the three month period ended June 30, 2005, net sales increased to $22.0 million compared to $20.1 million in the fiscal first quarter and $4.1 million in the second quarter of the prior year. Net income increased to $4.2 million, or $0.18 per diluted share compared to the year-ago level of $470,000, or $0.02 per diluted share. The Company's results compare favorably to its original second quarter guidance of $0.16 to $0.17 per share on $20 to $22 million of revenue.
Gross profit in the second quarter increased to $10.9 million compared to $1.9 million in the second quarter last year. Second quarter gross margins were 49.7% compared to the year ago second quarter level of 46.3%. Operating income increased to $6.7 million, or 30.3% of sales, compared to $800,000, or 19.7% of sales for the same period last year
Fiscal 2005 Operating Forecast
For the 2005 fiscal year, the Company anticipates total sales of $92 to $95 million and diluted earnings per share of $0.74 to $0.77. This compares to prior guidance of revenues between $84 to $88 million and diluted earnings per share of $0.66 to $0.70. For the 2005 fiscal third quarter, the Company currently anticipates sales of $29 to $30 million and diluted earnings per share of $0.22 to 0.24. The Company's weighted average shares outstanding at the end of the second quarter was 23,062,500 shares.
Fiscal 2006 Operating Forecast
For the first time, the Company is issuing preliminary projected guidance for the 2006 fiscal year. Based on current product demand, the Company anticipates total sales of $128 to $138 million and diluted earnings per share of $1.10 to $1.15.
TRLG reporting tomorrow. Here we go.
http://www.investorshub.com/boards/board.asp?board_id=4079
TRLG (16.90). Going back to 18
Here we go.
TRLG.OB: 2Q05 should be another strong quarter; believe fall outlook will also be very bright - Brean Murray (17.50 )
Brean Murray notes that TRLG will report Q2 results on July 28, and they are extremely confident in their EPS projection of $0.17 (up from $0.02 in the corresponding period) and believe the potential for further upside remains. Firm believes the TRLG growth story remains fully on track and positions the co for further expansion and the potential to become a true luxury brand, with the ability to register continued premium margins and growth. They believe, in the current market environment, that if the co had gone public via an IPO (versus a reverse merger) the multiple for TRLG would be materially higher. Reits Buy and $18 tgt.
We got the dip from 18. Get in tomorrow for some fun.
TRLG reached another 52wk high..
on Friday. I've been mentioning this for a while now. This will run into earnings. PEG ratio of .28. 88% compounded annual growth rate. Trading at 17 times forward earnings. Short term target of 20. Long term target of 40.
GW looking for continuation..
into earnings. Earnings this Wednesday the 27th.
Friday intraday
6 month chart
Watch TRLG.
I know I know, whenever I come on here I mention TRLG. But really look at it. The chart looks fantastic, the company has high profit margins, huge growth (20mln, 13 mln, and 7mln for past 3 sequential quarters), extremely profitable, and its only 2 years old. How many companies will have 100mln in revenue in the first 2 years of operation? It's a BB stock but soon will be on Nasdaq. Many institutions can't buy OTCBB stocks, so right now TRLG is a gem. Start up with some due dilligence in the link below.
http://www.investorshub.com/boards/board.asp?board_id=4079
It's a few ticks away from its 52wk high (which it made yesterday) and it's earnings call is next week on THURSDAY. It's growing at 88% compounded annually for the next 5 years.
I'm not saying you should buy it, but at least consider it for the watch list. TRLG is strikingly similar to HANS fundamentally and technically before its major runnup.
Closed with strength today with a spinning top.
HANS 2 year chart
TRLG Breaking Out
Last time I posted about this on this board it was 15. This is one for your watchlist.
Earnings next week on the 28th. Do the DD and make some money.
Pick your spots and wait for the dips. Patience pays.
http://www.investorshub.com/boards/board.asp?board_id=4079
TRLG has the momentum.
52wk high today. Reporting on the 28th. I posted this here before at 15, and now it's 17. Nasdaq announcement around the corner. Definately one for the watchlist. Do the DD.
http://www.investorshub.com/boards/board.asp?board_id=4079
52wk High today. EOM
TRLG: IBD info
True Religion Apparel's Rank within the Apparel-Clothing Mfg Group
Stock's Rank Within Industry Group
Overall Rank: 1st out of 48 stocks Stock's Rank Within Industry Group
Technical Rank: 1st out of 48 stocks Stock's Rank Within Industry Group
Fundamental Rank: 13th out of 48 stocks
Stock's Rank Within Industry Group
Attractiveness Rank: 1st out of 48 stocks
CRM is moving.
Be careful with this one due to it's high PE. Currently on an extended breakout. Volume is key; when it trades up with light volume, get out.
TRLG is moving.
Watch it. Look at intraday for the past couple of days. Huge dips followed by peaks.
5 day intraday chart
Nordstrom is riding high on True Religion.
Flooded jean pool: Snapping up 'premium denim' at $150-plus a pair
By Sandra Jones
June 24, 2005 2:38 PM
excerpt: "If you were to have asked any of us a few years ago if we'd sell that many jeans at plus-$150, $200 price points, I think we would have been very surprised at the amount that we actually sold over this last year," Nordstrom President Blake Nordstrom told analysts in February during an earnings conference call. "
h**p://www.crainsdetroit.com/cgi-bin/news.pl?postDate=2005-06-24&newsId=6302
CIBC TRLG Webcast (July 13, 2005)
h**p://www.veracast.com/webcasts/cibcwm/consumer05/27203175.cfm
Highlights from webcast call:
"No Denim Glut, No Denim Glut, No Denim Glut"
Antik(BLHL), Joe's(INNO), Rock/Republic strong competitors
No new Dept Store Doors in US
Limiting Dept store to 40% US Sales
$80 average Wholesale price has increased
Women/Men 80/20 US, 60/40 Japan, 70/30 Europe
US men not getting it. Only Metrosexuals and Gays. Growth could be explosive if straight men catch on
Strategy is to expand SKUs at existing doors
Shirts, Jackets, and cool new "puffy" vests. Vests already sold out, with second round of orders starting soon
Velvet, Leather, Corduroy coming
Retail store delayed until Sept due to Weather in CA
2nd have will be a lot bigger than 1st half
Very big Q3 alluded to
Earnings Report July 28th after close
Q3/Full Year guidance update, peak at 2006
NASDAQ comment letter received/answered, waiting for yea
Day/Night Jeans distinction with "Metalic" Jeans with silver/gold thread
Sarbanes-Oxley not until 2006. May need extenion due to acquistion
Small Shirt company acquistion.
2nd Brand on hold until "glut" situation in the lower price points play out
Possible Spokesmodel in 2006
Urban Outfitter much bigger customer than first thought
Big T huge success. Now coming out with Super T
Classic Breakout past the previous 52wk high of 15.20. The story is developing well. Still no debt, Nasdaq Listing eminent, New Store opening sometime between August and September, Brand recognition catching on, Sales and Marketing is still in development stage [celebrity sponsor TBA], positve cash flow sufficient to finance operations and growth needs, new products being introduced to line, etc.
TRLG Buy on major dips. My ST target is 18. This is a stock that most pennies dream of one day being. It will be trading on Nasdaq by next quarter.
go to www.truereligionbrandjeans.com for yesterday's webcast.
TRLG - True Religion Apparel
Listen to the webcast that came out yesterday. You'll understand the run-up it has had the past few days on huge volume. Buy on the dips, don't chase.
At least put it on your watchlist. I posted this yesterday before it hit 15. My ST target is $18.
goodluck all
LOL. okay.
What you think of the 8k? They had a webcast today that is very promising. They will be listed on Nasdaq very soon as stated in the webcast. goodluck.
No it wasn't a pump, it was an opportunity. I posted this before it hit 15 dollars. Listen to TRLG's webcast today, and you'll see why it's still a good swing trade. Peace.
TRLG Breaking out
TRLG Breaking out
TRLG Breaking out
TRLG Breaking out
TRLG Breaking out
TRLG Breaking out
TRLG closed at HOD (14.20) today.
52-wk high at 15.20. Watch for a continuation tomorrow and a break out soon.
TRLG closed at HOD.
MACD is going to reaching new heights. Do the Due. NASD listing soon for trlg.
TRLG closed at HOD on strong volume. Good Swing trade.
TRLG closed at HOD on strong volume. Play the momentum.
JSDA is having a FIRE SALE.
Guess? Again.
What denim glut? Premium Jeans are back.
http://biz.yahoo.com/fool/050707/112076073916.html
TRLG: Brean Murray Starts @ Buy; Sets Tgt @ $18
WEDNESDAY, JULY 06, 2005 08:43 AM
Issuer: True Religion Apparel, Inc (OTCBB: TRLG)
Analyst Firm: Brean Murray
Ratings Action: INITIATE
Current Rating: Buy
Target Price Action: INITIATE
Target Price: $18.00
Form 8-K for JONES SODA CO
--------------------------------------------------------------------------------
5-Jul-2005
Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On July 1, 2005, Jones Soda Co. (the "Company") renewed its credit facility with Capco Financial Corporation, a division of Greater Bay Bank N.A., consisting of a one-year revolving line of credit up to $5,000,000. The amount available for borrowing from time to time under the revolving line of credit is dependent upon the levels of certain eligible accounts receivable and inventory. This revolving line of credit is secured by all of the Company’s assets, including accounts receivable, inventory, trademarks and other intellectual property, and certain equipment. Borrowings under the credit facility bear interest at the prime rate plus 0.5% per annum. The credit facility does not impose any financial covenants.
Under the terms of the renewed credit facility, the maximum amount under the credit facility increased from $3 million to $5 million, and the interest rate decreased from the prime rate plus 1.5% to prime plus 0.5%.
As of June 30, 2005, we had $ nil outstanding under the credit facility.
The text from CNBC
TRUE RELIGION APPAREL INC
• The Los Angeles company makes premium denim jeans, shirts, jackets and skirts.
• Its products are sold under the True Religion brand in North America, Europe, Japan, Hong Kong and Russia. The merchandise is carried in boutiques and sold by such retailers as Barneys New York, Bergdorf Goodman, Neiman Marcus and Saks Fifth Avenue.
• "They've done a great job expanding beyond just being a jeans maker," Cuellar said. "They've gone into jackets; they've come out with a lot of new materials, like cotton twills, corduroys. I think they're really establishing themselves as a lifestyle brand."
• The company boasts of "celebrity enthusiasts" for its denim, including David Beckham, Heidi Klum, Bruce Willis, the cast of "Desperate Housewives" and others. Its denim line will be worn by stars in upcoming movies, the company said, including Jessica Simpson in "Dukes of Hazzard"; Selma Blair in "The Fog"; and Heather Graham in "Cake."
• Denim pants were the best-selling category of men's apparel in 2004, according to STS Market Research of Cambridge, Mass. Expenditures on men's jeans rose 9% last year to $6.1 billion.
• The high-end denim trend began in 2000 with the arrival of Seven jeans. As jean prices have skyrocketed, there's talk of a "denim bubble" which could burst. But many retailers expect the denim craze to continue this fall.
• "The stock's traded sideways over the last four months because of concerns on the Street about a glut of denim," Cuellar said. "But we really think there's a lot more growth to come."
• Cuellar doesn't own the stock. He has a medium risk rating on True Religion Apparel and a six-month price target of $20. He'd consider selling if shares fall below $10.
JSDA - Buy on the weakness.
Do the DD. Recent selloff presents a great opportunity.
http://bigcharts.marketwatch.com/charts/big.chart?symb=jsda&compidx=aaaaa%3A0&ma=4&maval...
EGHT closed at the HOD today (3.75). A break of 4.04 and off to the races we go. Check it out.
LOL. I don't EVER see Searchguy having an impact on "internet search engine" stocks. Searchguy will only have .00000000001% of the market share, maybe less than that.
IMO, this sector has already been established with the 3 main contenders of Yahoo, Google, and Ask Jeeves.