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Hello Il Padrino,
You are in Iraq? That must be a rough job. I wish you luck. Take good care for your personal protection. Is it just as dangerous in Iraq as the media presents it to be? Or is it a relative safe place?
CTKH is the only pinksheet stock I have got. Lucky for me. I have most of my money on a savingsdeposit and for the rest of it in the walls of my appartment here in Amsterdam. I also have some shares in Dutch companies, but not so much. CTKH should reach $ 0,005 for me to break even. I bought my Cetek shares for less, but the recent US-dollar value is working against my CTKH investment.
I hope that Cetek will surprice us in a good way. But that chance is small, given the pps. Time will tell.
Good luck,
Ceteksevenmillion
Releasemas,
If you are buying, be careful. The changes of this pinkie moving up are small IMO. But not impossible.
Again: it's risky to buy CTKH shares, even at this low level. Expect to loose your money if you do buy. Just my opinion!
Good luck,
Ceteksevenmillion
Hello Subtlerise,
Be careful with increasing your position in CTKH. In my opinion this is a high risk pinksheet stock. And I don't expect big upward moves at all.
I expect to loose all the money that I invested in Cetek Technologies Inc. Hahaha, in fact I already lost that money!
Still I hope for a better outcome. Also for the fellow shareholders in CTKH. We deserve BETTER !!!!
Good luck,
Ceteksevenmillion
Hello fellow shareholders,
The pps of CTKH is at a dramatic low. I can see that. And I also believe or know that the market never lies about a price.
Besides the above mentioned I have a positive "feeling" about CTKH. I realize that a couple of years ago Cetek didn't have a decent website. I also realize that Cetek didn't even have Hybrid Tek or Belanger or the Cetek-online store, which all hapened the last few years. Its clear to me that there is some progress, unfortunately this does not count for the price per share - which went down hill.
And the www.cetektechnologies.com website looks better than ever.
I will hold on to my shares and I can only HOPE for a better future for the value of these shares.
Sorry for my language faults, I am from Amsterdam, the Netherlands.
Good luck,
Ceteksevenmillion
Orange, Please tell me which posters?
Delivery is to commence in the first half of 2007.
That should be around now. Any news on that?
Good luck,
Ceteksevenmillion
I found this information on www.bloomberg.com
CTKH:US
Cetek Technologies Inc
Cetek Technologies, Inc. Announces Korean Contract Valued at
Cetek Technologies, Inc. Announces Korean Contract Valued at $10M
POUGHKEEPSIE, NY -- (MARKET WIRE) -- 12/14/06 -- Cetek Technologies, Inc. (PINKSHEETS: CTKH) reported today that they have been awarded a contract with South Korean-based trading company, Linco Ltd. The contract is to supply all of Linco's ceramic component needs. Delivery is to commence in the first half of 2007. The value of this contract is estimated at $10 million. Linco customers are semiconductor fab manufacturers in the U.S. and in the Far East.
Fayiz Hilal, CEO of Cetek Technologies, stated, "We consider this new relationship to be very sound, and we are flattered that such a reputable Korean company has determined that Cetek should be used to meet their needs for high-quality ceramic products and services. This contract highlights Cetek's international stature in the industry and its capabilities for producing the highest grade ceramic components for the semiconductor manufacturing industry."
About Cetek Technologies, Inc.
Cetek Technologies, Inc. (PINKSHEETS: CTKH), founded in 1989 by Fayiz Hilal, is focused on the development and manufacturing of ceramics and the associated materials. The Cetek Process allows us to produce and distribute quality ceramic materials at a lower unit production cost. While the world of technology is constantly changing, we have watched the demand for our products grow exponentially.
Cetek has two wholly owned subsidiaries, Hybrid-Tek, Inc. and Belanger Ceramic Grinding, Inc.
About Hybrid-Tek, Inc.
Hybrid-Tek, Inc. was founded in 1982 to provide "print, fire and trim" capabilities for thick film hybrid microelectronics users. The company's facilities are in a high-tech industrial complex located at the Hytek Corporate Center in Clarksburg, New Jersey. Building on our initial services and capabilities, Hybrid-Tek expanded to include additional circuit engineering services along with the necessary facilities and staff for device wire bonding, surface mounting and complete package assembly and test/documentation. Hybrid-Tek's building was designed exclusively for the production of thick film microcircuits and assemblies and offers substantial space for growth. The company's growth over the years is directly related to our commitment to customer satisfaction, the highest level of service and product quality. Shareholder tours are available, subject to advanced scheduling and management availability.
About Belanger Ceramic Grinding, Inc.
Having become a wholly owned subsidiary of Cetek Technologies, Inc. last August, Belanger Ceramic was founded in 1962 by Mr. Don Belanger, and specializes in precision polishing and grinding for a wide range of prototype, experimental and full production ceramic product. Over the years, Belanger Ceramic has earned a reputation in superior precision machining of various structural ceramic and composite components, both for private industry and in the public sector, and has won many awards for developing unique systems and procedures.
Company's websites:
www.cetektechnologies.com
www.hybrid-tek.com
www.BelangerIndustrial.com
NOTICE: This release contains forward-looking statements that involve risks and uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. These statements involve estimates, assumptions, known and unknown risks, uncertainties and performances, or achievements expressed or implied by the forward-looking statement.
Cetek Technologies, Inc. Fayiz Hilal 845-452-3510
www.UpTick.com 480-240-1700
Provider ID: 06194960
Penny,
I am sorry for my late reply. I think that CTKH is a company with enough possibilities. CTKH claims to have a unique production process. Thats the big PLUS IMO.
But I don't believe the Korean story or the Wilson Turbo Power story. Why not? There are no official PR's about these subjects to be found on the www.cetektechnologies.com website.
AND on top of that: the pps is real low. If these stories are even half the truth, the price per share would have been much higher. Am I right?
I am still possitive about CTKH. There is a good future perspective for high grade ceramics from Poughskeepsie.
Good luck,
Ceteksevenmillion.
There is NO 10 million $ contract. How do I know???
The MARKET knows!!!
Hi Pennyworld,
There are a lot of Linco's on the internet. But a Korean Linco???
+ there is no PR to be found about Linco on the official CTKH-website.
Never trust information from a forum.
Good luck,
Ceteksevenmillion
2006 pps: -50% From $ 0,0014 to $ 0,0007
Thank you Cetek !!!
Ceteksevenmillion
Orangeman3,
CTKH is "lost money" for all its investors IMO. Even the current pps will go lower. It will, I am convinced. Maybe $ 0,0003 ???
I might as well kick a dent in my car every month. Thats much cheaper than having these Cetek Technologies shares.
I am lucky for having other shares, a good job and enough cash. The CTKH-shares I have will not kill me. Hopefully Fayiz Hilal will deliver me a brand new car to reward me for helping him out.
This time I refuse to average down. Good luck for those who will.
Grtz,
Ceteksevenmillion
Orangeman, Give up!!!
End2War,
I think that you are right. This could be a good moment to average down on this investment. On the other hand, nobody knows if the pps will recover.
Good luck,
Ceteksevenmillion
Dear Mr. Hilal, when are you gonna make me rich?
Good luck,
Ceteksevenmillion
I am following CTKH for a few years and the last years many things have changed. I don't forget that Cetek is a small company -thats true- with relative little growth steps. On the other hand I do appreciate it, the relative little acquisitions.
I really like being a shareholder in CTKH - even though the pps is still low. I take the time, and feel comfortable about it.
Good luck,
Ceteksevenmillion
King_George, I don't know. eom
Abcsofhealth,
I understand your view. If you take a close look at the report, and read it entirely, you will see that there is a difference in the stated numbers for R&D. Lets take 2004 and 2005:
"An estimate of the amount spent during each of the last two fiscal years on research and development activities, and, if applicable, the extent to which the cost of such activities are borne directly by customers.
In fiscal year 2004, the Company spent approximately $350,000 on research and development. In fiscal year 2005, the Company spent approximately $300,000 on research and development."
Than, further down the report:
2004: RESEARCH AND DEVELOPMENT $ 106,268,-
2005: RESEARCH AND DEVELOPMENT $ 103,307,-
TATA! There is a difference. This must have to do with the extent to which the cost of such activities are borne directly by customers. Correct?
Now you said: FOR 1 QTR 2006: RESEARCH AND DEVELOPMENT $ 8,006
Formerly you are correct. But this $ 8,006,- does not include the cost of such activities which are borne directly by customers. Nobody knows that number yet.
Thats why I say that its better to look at CTKH on a year to year basis.
By the way, its easy to compare apples with oranges with this report. I don't blame you. It does appear that the costs of R&D are indeed declining. From $ 350.000 in 2004 to $ 300.000 in 2005.
2006 could be different. I don't know. Maybe $ 250.000,- ? That's just a wild guess.
Good luck,
Ceteksevenmillion
PennyWorld,
You said: "Banks call GOODWILL an asset too. It is a JOKE."
Partially you are right, because sometime there is hot air in the goodwill.
I think that Cetek Technologies bought HTI entirely with goodwill. In that case HTI is an asset. Just think about it. Can Hybrid Tek be sold? Yes or No?
If IN THEORY Cetek can sell its subsidary Hybrid Tek than the goodwill is an asset....otherwise the goodwill should be considered as costs.
Just my opinion.
Good luck,
Ceteksevenmillion
Abcsofhealth,
I found this in the report.
"Market place is competitive, both within and outside the United States. The Company believes it is challenging the competition by providing a unique quality product and service at a competitive price. The Company believes its has a competitive advantage by virtue of its proprietary ceramic formulations and manufacturing processes."
CTKH is not really cutting down R&D costs. Look:
"In fiscal year 2004, the Company spent approximately $350,000 on research and development. In fiscal year 2005, the Company spent approximately $300,000 on research and development."
Source: Page 4 of the report
Its just a matter of good reading. The numbers don't lie.
Good luck,
Ceteksevenmillion
LOL - I start to believe you Abcsofhealth.
"Money can be made IF IRRATIONAL EXHUBERANCE kicks in due to a wonderfull BS PR."
I find your posting funny. And probably you are right.
Good luck,
Ceteksevenmillion
End2War,
Thats right. But the authorized shares number increased from 9 billion to 10 billion, if I am correct.
I would like to know for what reason?
Good luck,
Ceteksevenmillion
Abcsofhealth,
Maybe its a good idea to sell your shares and move on.
Good luck,
Ceteksevenmillion -in Certs-
Robot,
If that is true, than why do you label CTKH a POS?
Good luck,
Ceteksevenmillion
PennyWorld,
I do understands End2War opinion about you.
Can you please tell us when Cetek Technologies has been pumping -as you claim- ? (without mentioning phone-calls, I cannot check them)
You keep warning the shareholders on this board for a possible R/S in almost every posting. Thats why I understand End2War when he said that you are a basher.
Nobody wants a R/S. CTKH has stated in official PR's that there will be no more R/S. I think that for that reason Cetek has no legal option to do a R/S. JMO
Plus:
Cetek has a high cashposition and the pps is low. A buy back program can be started without much trouble as soon as CTKH becomes profitable.
I am not claiming here that I know that CTKH will start a buy back program. I don't know! But it appears to be a logical solution to reduce the outstanding shares without harming the shareholders, as soon as the numbers are black.
Why do a R/S, when it's not necessary?
Good luck,
Ceteksevenmillion
End2War,
Plus there are other solutions for Cetek to reduce the numbers of shares outstanding.
Take the cash position for example. Lets estimate that CTKH's cashposition is approx. $ 600.000,- at this moment.
CTKH can start with some buy back as soon as its numbers are in the black. The high cashposition in combination with Cetek Technologies being close to profitability should eliminate the posibility for a R/S. Just as the CEO said.
Just my opinion, but you never know what happens.
Good luck,
Ceteksevenmillion
End2War,
I agree with you that some people are not so good at reading financial statements. But I can also understand the frustration from some investors like Robotlol, who thought that he made a good short term investment in CTKH.
The growth of the income looks attractive to me. Without the acquisition of Hybrid Tek Cetek could already be profitable. A baby is not an adult in 1 year. Same thing. Growth comes at a price and it takes time.
I expect Hybrid Tek and Cetek Technologies to combine business, aiming for a synergy-effect. 1 + 1 can be 3 for everybody if a synergy reduce costs, combine technology or provide complete products, ideas or new solutions. I hope that Cetekonline is the right vehicle for this progress.
I give CTKH another year to proof it. A penny per share should be a nice reward for all the waiting. I dont mind to wait another year for that.
But: It's just a gamble. Don't put your breadmoney in CTKH (or any other pink sheet stock). Or you might end up just as frustrated like Robotlol.
Good luck,
Ceteksevenmillion
Revenues in 2006 should be $ 9.441.566,- if CTKH keeps up the 487% growthrate...
That's NOT realistic.
Any income between 2 - 3 million dollars for 2006 should be possible in my opinion. I will kiss my CTKH certs if CTKH makes substantial progress. And I don't mean a goodbye kiss.
Good Luck,
Ceteksevenmillion
Miami-investor1,
Do you stare in a bowl of water like Nostradamus to make your future predictions about Cetek Technologies?
And why do you worry at all about this little company in Pougskeepsie?
I mean YOU: The greatest Investor of this board and the Universe.
Good luck,
Ceteksevenmillion
Pennyworld,
I agree with you on that point. Lets hope that Hybrid Tek will bring sufficient revenues to the table. Its impossible to see which costs are variable. All the costs are put together and are simply called "cost of goods sold". I assume that the salaries of the people working in the factories are included? So shareholders don't know were CTKH's break-even-point is.
Maybe CTKH should somehow increase their price per product as well. With the data received it looks logical to me. A price increase of just 5% or 10% per product might do the job and push Cetek into the black numbers. I guess.
Good luck,
Ceteksevenmillion
Miami,
You can post such a message on any company's chatboard. I am not impressed. If you state: "don't see what is coming their way", you should have told this messageboard in the same posting "what" was coming our/their way. I mean, at least if you try to make a prediction.
Shareholders know that CTKH's released unaudited numbers in fact are not so bad.
Good luck,
Ceteksevenmillion
To make things even more confusing. This was stated in 3rd quarter 2004:
"Sales revenues continue to grow, with the recently ended third quarter being the strongest yet in production and shipment of our ceramic substrate product. Revenues were up approximately 100% from the comparable quarter in 2003, and as has been the case of the past three quarters, Cetek continues to operate profitably."
I don't understand CTKH anymore.
Good luck,
Ceteksevenmillion
Geoly,
Its not that simple. The PR's came per quarter, the numbers are stated per year. Thats the difference. The shareholders cannot divide the yearnumbers and estimate what the numbers per quarter are.
For 2004 however, the revenues were SO low and the total year-loss was SO high, that I can assume with reason that not one quarter was profitable in 2004.
Example: If we look at the 3rd Q report for 2005, FH said: "Demand for ceramic and related items was slow when compared to the same period in 2004."
The total income in 2004 was $ 273.726,-. So maybe we can imagine how BAD Q3 in 2004 and thus in 2005 must have been? But than the total income number for 2005 is : $ 1.608.444,-
WTF !?!?!
Good luck,
Ceteksevenmillion
RobotLol,
I hate to admit it, but you, JoFotos and Pennyworld are right. The unaudited numbers suggests that CTKH has not been profitable at all. While at the same time profitable quarters were stated in the official PR's.
I can assume that CTKH had no profitable quarters in 2004, looking at the 2004 total numbers. For 2005 it is posibble in theory that CTKH had 1 or 2 profitable quarters, but the year result still ended with a small loss.
It appears that the revenues have improved. Shareholders can only hope this positive line will continu and that the company is able to become profitable - for real.
Growth is the most powerful strategy. For companies and shareholders.
Good luck,
Ceteksevenmillion
Penny,
Thats a good point you make there. I don't expect FH to release more numbers for a while. Do you?
It takes more than good numbers to attrackt new investors IMO.
Personally, I will not find new investors for Cetek Technologies, even if there is a positive EPS for this quarter.
People who want to make a little gamble should find CTKH without much trouble. And I agree with ABCSOFthealth that Cetek Technologies is nothing more than a gamble. Will this gamble be worthwhile? I really dont have a clue.
Good luck,
Ceteksevenmillion
Orangeman3,
Why don't you sell your own business if you are so convinced of your theory?
Good luck,
Ceteksevenmillion
ABCSofhealth,
Your employement calculations suck and you have a wrong judgement about Cetek Technologies IMO.
You can scream all you want on any board that a company needs a wonderful BS PR.
Have a nice day.
Good luck,
Ceteksevenmillion
PennyWorld,
I think that the shareholders should look at their investment in CTKH on a year to year basis. That will make it a lot easier, plus more accurate. For example, we cannot compare Q1 2005 with Q1 2006 because we don't have exact numbers from Q1 2005.
Maybe Q2, Q3 and Q4 are the best quarters for ceramics business? I don't know.
I agree with you that it looks like CTKH needs more profit margin. Its possible that with more sales CTKH's profit margin improves. At a certain point the factories capacity limits could be reached. Its good that Cetek has a firm cashposition to make some additional investments, like building more furnaces or purchase other equipments.
Some investors claim that Cetek's production time per batch is much faster than its competition. I am not sure if that is true. But if thats true, and if the saved time is substantial there should be a huge difference in the factory price per product. With bigger orders/quotations this price difference should be beneficial for Cetek Technologies.
According to Cetek:
"The Cetek Process is our own unique method by which ceramic subtrates and ceramic compounds with enhanced qualities can be produced at a lower manufacturing cost. The process involves proprietary formulations, mixing, and sintering procedures, resulting in a ceramic product that requires little to no machining. Reduction in the machining process results in the elimination of fissures and micro cracks therefore improving product quality"
Good luck,
Ceteksevenmillion
Pennyworld,
"For the year 2005, Cetek reported income of $1.6 million and a net loss of $9,808. That was a major improvement over 2004, when income was only $273,726 and the net loss was $847,497."
These numbers includes the Hybrid Tek acquisition and it suggests further rapid improvements.
Maybe a profitable 2006? I don't know.
Good luck,
Ceteksevenmillion
Dont believe rumors Robot.