Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
AXAS I also bought in last week. Good luck.
Great addition. Quill knows his stuff.
CYCC. Just bought 3500 more.
Thanks for all you do Chart.
Good Morning all! AVR
We're still holding AVR, yes?
Agreed. Great calls by Chart. So many plays, too little cash. :)
ICO ASTIZ GGP SRZ FINL
Great Board title! And, I'm in but I'll need 2% maybe.
Haha.
Oh, btw, what strike price are your AUY calls?
Thanks.
FRE DRIV ZLC DXO PNCL
ZLC - You are THE MAN.
I was going to shake out and sell last week.
Nice call Santa_C
Thanks, Santa. Board looks great. I'm just getting back in the game.
short DRIV 50.80
out most HEPH 6.32
in HEPH 6.20
Ken: HEPH any opinion please. Is it ready according to your indicators?
rollin': IOC prev from Stocklemon
January 6, 2005
Stocklemon Reports on Interoil Corp (AMEX: IOC)
http://www.stocklemon.com/articles/01_06_05.html
"If you wish to be a success in the world, promise everything, deliver nothing." Napoleon Bonaparte
With a market cap of over $1 billion, InterOil Corp is attracting much attention as being an interesting oil and gas play in the remote region of Papua New Guinea. Yet, Stocklemon believes that profits for InterOil will be as remote as the region in which they operate. InterOil as has associated itself with stock operators of questionable character and has yet to deliver on one promise or meet an expectation. It is the opinion of Stocklemon that InterOil is a lemon because of its history of promotion and its lack of fundamentals that would support this lofty stock price.
What Is InterOil Corp?
InterOil is an odd corporate beast. Its home exchange is Sydney, but the ASX only trades its chess depositary instruments, which convert into shares at the ratio of 10:1. The main shares in InterOil are traded on the Toronto Venture Exchange and most recently traded on the American Stock Exchange.
As a business model, InterOil claims to be vertically oriented, bringing together exploration, refining, and distribution assets in Papua New Guinea. However, we will see that each of these business units is far less than it has been made to appear.
Meanwhile, a number of individuals of dubious repute are involved with the financing and promotion of the company. Stocklemon is a believer in the Cockroach Theory: if you find one, there will be many more. This report exposes enough cockroaches to warrant a call to an exterminator.
Analyst Coverage
The only major firm that has current coverage on InterOil Corp is Raymond James. Analyst Wayne Andrews rates IOC a "strong buy" as stated in his report dated September 30, 2004. In his report Andrews projected InterOil would lose .02 cents a share during the preceding quarter. Yet, on November 15, InterOil reported a quarterly loss of .12 cents..THAT IS A 500% MISS IN EARNINGS and Raymond James upgraded the stock on what they called a "good quarter" and never mention the companies earnings miss.
Raymond James Research Report
Could this possibly be because Raymond James managed the convertible debenture offering that was announced only 4 weeks before this analyst report? Or could it be that the debenture holders just last week converted the debt to common stock? Where is the "Chinese Wall" that is supposed to exist between research and banking?
Another brokerage firm used to cover InterOil. This was Jennings Capital (Canadian Brokerage Firm). Jennings estimated InterOil's 2004 net income at $56.9 million with an EBITDA of $69.4 million. These projections could not have been further than the results that we are seeing .another major disappointment from InterOil.
Jennings Capital Research Report
Something is Rotten Here
In the company's most recent F-10 filing, we read of a $4.5 million dollar loan that was dated June 23, 2004. Yet, nowhere in the filings in either the US, Canada, or Australia do we read of the terms of the loan. Why would a company the size of InterOil need a loan for $4.5 million? What is most interesting is to see who facilitated the loan...none other than Carlo Civelli's Clarion Finanz.
Carlo Civelli, the mysterious Swiss Financier has been involved in some of the most notorious natural resource stocks in the past decade. Most notable was his involvement with Delgratia Mining, which was the second largest mineral scam ever (after Bre-X). The collapse of Delgratia wiped out $750 million worth of stock market value. Mr. Civelli's involvement was best described in the below article from the Financial Post.
CIVELLI DELGRATIA
Mr. Civelli was also involved in Pinewood Resources which was supposed to find oil in the Gambela Region of Ethiopia. His involvement is described in the below article from Stockwatch.
CIVELLI PINEWOOD
Pinewood now trades on the pink sheets under the symbols PWROF at the price of .19 cents.
It appears as if every stock Civelli has been involved with has taken a major turn for the worse. This is a list of the stocks that Civelli has been involved with over the past 10 years and their current trading price. This list does not include those stocks which have been delisted or those that trade only in Canada.
PYR(Mikey) NXG BGO HEPH TNEN
(Sharpeyed)
Wow! Out PARL 6.57.
I hope you got in rollin'. SIMC down another 2.02 in after hours. Good eye.
in too (earlier), 5.05
GV - Goldfield Reports Continued Strong Results
Thursday August 10, 4:11 pm ET
MELBOURNE, Fla., Aug. 10 /PRNewswire-FirstCall/ -- The Goldfield Corporation (AMEX: GV - News), a leading provider of electrical construction services in the southeastern United States and a developer of condominiums, today announced a threefold increase in net income for the six months ended June 30, 2006:
* Revenue increased 48% to $26.2 million from $17.7 million in the like
period of 2005.
* Operating income increased to $3.4 million from $1.2 million in the like
period of 2005.
* Net income rose to $2.1 million ($.08 per share) from $0.7 million
($.03 per share) in the like period of 2005.
Results for the second quarter of 2006 mirrored the improved six month results. For the quarter ended June 30, 2006 (compared to the like period in 2005):
* Revenue increased 29% to $12.2 million from $9.5 million in the like
period of 2005.
* Operating income increased to $1.5 million from $1.0 million in the like
period of 2005.
* Net income rose to $1.0 million ($.04 per share) from $0.6 million
($.02 per share) in the like period of 2005.
Commenting on the second quarter results, John H. Sottile, president of Goldfield, said, "In the electrical construction segment, revenue increased to $11.2 million from $5.3 million and operating income increased significantly to $2.1 million from $0.3 million. Electrical construction results benefited from an increase in both the number and size of projects under construction and from efficiencies associated with larger projects. In the real estate segment, revenues decreased from $4.2 million to $1.0 million, mainly because of year to year variations in the characteristics and stage of construction of the particular projects under construction. In addition, the current weaker condominium market in Florida resulted in the cancellation of three purchase contracts in our Oak Park project."
Looking ahead in 2006, Mr. Sottile commented, "At June 30, our electrical construction backlog has increased to $14.0 million from $11.6 million at the same point in 2005 and our real estate segment's backlog has increased to $10.6 million from $6.3 million at the same point last year. During the balance of 2006, we currently estimate that approximately 86% of the electrical construction backlog (approximately $12.0 million) and approximately 75% of the real estate segment backlog (approximately $8.0 million) will be recognized as revenue. Actual timing of revenue recognition may vary as the result of project delays and other factors."
About Goldfield
Goldfield is a leading provider of electrical construction and maintenance services in the energy infrastructure industry in the southeastern United States. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. Goldfield is also involved in the development of high-end condominium projects on Florida's east coast.
Statements in this release are based on current expectations. These statements are forward-looking, and actual results may differ materially. For example, electrical construction projects are generally subject to cancellation and, in the real estate segment, there can be no assurance that settlements of condominiums subject to contracts for sale will occur or that construction will progress as expected. For further details, see the company's filings with the Securities and Exchange Commission.
THE GOLDFIELD CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2006 2005 2006 2005
Revenue
Electrical
construction $11,186,323 $5,284,372 $21,678,328 $12,384,688
Real estate
development 1,046,540 4,186,580 4,549,487 5,317,737
Total revenue 12,232,863 9,470,952 26,227,815 17,702,425
Costs and expenses
Electrical
construction 8,460,325 4,335,895 16,583,534 10,253,467
Real estate
development 827,489 2,475,035 3,148,918 3,167,487
Depreciation and
amortization 628,120 635,047 1,227,411 1,260,778
Selling, general and
administrative 819,774 1,062,377 1,918,129 1,813,156
Other (income)
general expenses (11,013) 9,069 (29,323) 10,555
Total costs and
expenses 10,724,695 8,517,423 22,848,669 16,505,443
Total operating
income 1,508,168 953,529 3,379,146 1,196,982
Other income
(expenses), net
Interest income 26,972 25,433 51,684 53,891
Interest expense,
net (62,965) (33,475) (99,957) (66,460)
Other 110,128 4,136 113,622 6,024
Total other
income
(expenses), net 74,135 (3,906) 65,349 (6,545)
Income from continuing
operations before
income taxes 1,582,303 949,623 3,444,495 1,190,437
Income taxes 609,831 375,035 1,327,533 466,545
Income from continuing
operations 972,472 574,588 2,116,962 723,892
Loss from discontinued
operations -- (1,776) -- (14,528)
Net income $972,472 $572,812 $2,116,962 $709,364
Earnings per share of
common stock -
basic and diluted
Continuing
operations $0.04 $0.02 $0.08 $0.03
Discontinued
operations -- -- -- --
Net income $0.04 $0.02 $0.08 $0.03
Weighted average common
shares and equivalents
used in the calculations
of earnings per share
Basic 25,572,192 25,687,548 25,572,192 25,760,218
Diluted 25,572,192 25,721,118 25,572,192 25,793,798
--------------------------------------------------------------------------------
Source: The Goldfield Corporation
GV - Goldfield Reports Continued Strong Results
Thursday August 10, 4:11 pm ET
MELBOURNE, Fla., Aug. 10 /PRNewswire-FirstCall/ -- The Goldfield Corporation (AMEX: GV - News), a leading provider of electrical construction services in the southeastern United States and a developer of condominiums, today announced a threefold increase in net income for the six months ended June 30, 2006:
* Revenue increased 48% to $26.2 million from $17.7 million in the like
period of 2005.
* Operating income increased to $3.4 million from $1.2 million in the like
period of 2005.
* Net income rose to $2.1 million ($.08 per share) from $0.7 million
($.03 per share) in the like period of 2005.
Results for the second quarter of 2006 mirrored the improved six month results. For the quarter ended June 30, 2006 (compared to the like period in 2005):
* Revenue increased 29% to $12.2 million from $9.5 million in the like
period of 2005.
* Operating income increased to $1.5 million from $1.0 million in the like
period of 2005.
* Net income rose to $1.0 million ($.04 per share) from $0.6 million
($.02 per share) in the like period of 2005.
Commenting on the second quarter results, John H. Sottile, president of Goldfield, said, "In the electrical construction segment, revenue increased to $11.2 million from $5.3 million and operating income increased significantly to $2.1 million from $0.3 million. Electrical construction results benefited from an increase in both the number and size of projects under construction and from efficiencies associated with larger projects. In the real estate segment, revenues decreased from $4.2 million to $1.0 million, mainly because of year to year variations in the characteristics and stage of construction of the particular projects under construction. In addition, the current weaker condominium market in Florida resulted in the cancellation of three purchase contracts in our Oak Park project."
Looking ahead in 2006, Mr. Sottile commented, "At June 30, our electrical construction backlog has increased to $14.0 million from $11.6 million at the same point in 2005 and our real estate segment's backlog has increased to $10.6 million from $6.3 million at the same point last year. During the balance of 2006, we currently estimate that approximately 86% of the electrical construction backlog (approximately $12.0 million) and approximately 75% of the real estate segment backlog (approximately $8.0 million) will be recognized as revenue. Actual timing of revenue recognition may vary as the result of project delays and other factors."
About Goldfield
Goldfield is a leading provider of electrical construction and maintenance services in the energy infrastructure industry in the southeastern United States. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. Goldfield is also involved in the development of high-end condominium projects on Florida's east coast.
Statements in this release are based on current expectations. These statements are forward-looking, and actual results may differ materially. For example, electrical construction projects are generally subject to cancellation and, in the real estate segment, there can be no assurance that settlements of condominiums subject to contracts for sale will occur or that construction will progress as expected. For further details, see the company's filings with the Securities and Exchange Commission.
THE GOLDFIELD CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2006 2005 2006 2005
Revenue
Electrical
construction $11,186,323 $5,284,372 $21,678,328 $12,384,688
Real estate
development 1,046,540 4,186,580 4,549,487 5,317,737
Total revenue 12,232,863 9,470,952 26,227,815 17,702,425
Costs and expenses
Electrical
construction 8,460,325 4,335,895 16,583,534 10,253,467
Real estate
development 827,489 2,475,035 3,148,918 3,167,487
Depreciation and
amortization 628,120 635,047 1,227,411 1,260,778
Selling, general and
administrative 819,774 1,062,377 1,918,129 1,813,156
Other (income)
general expenses (11,013) 9,069 (29,323) 10,555
Total costs and
expenses 10,724,695 8,517,423 22,848,669 16,505,443
Total operating
income 1,508,168 953,529 3,379,146 1,196,982
Other income
(expenses), net
Interest income 26,972 25,433 51,684 53,891
Interest expense,
net (62,965) (33,475) (99,957) (66,460)
Other 110,128 4,136 113,622 6,024
Total other
income
(expenses), net 74,135 (3,906) 65,349 (6,545)
Income from continuing
operations before
income taxes 1,582,303 949,623 3,444,495 1,190,437
Income taxes 609,831 375,035 1,327,533 466,545
Income from continuing
operations 972,472 574,588 2,116,962 723,892
Loss from discontinued
operations -- (1,776) -- (14,528)
Net income $972,472 $572,812 $2,116,962 $709,364
Earnings per share of
common stock -
basic and diluted
Continuing
operations $0.04 $0.02 $0.08 $0.03
Discontinued
operations -- -- -- --
Net income $0.04 $0.02 $0.08 $0.03
Weighted average common
shares and equivalents
used in the calculations
of earnings per share
Basic 25,572,192 25,687,548 25,572,192 25,760,218
Diluted 25,572,192 25,721,118 25,572,192 25,793,798
--------------------------------------------------------------------------------
Source: The Goldfield Corporation
rwy rtec alda tnl pozn
DRIV chart
Is this for real?? If it is, thanks for the link.
SCT news
SAN FRANCISCO (MarketWatch) -- Scottish Re Group shares rebounded 71% on Tuesday after the life reinsurance and annuity company said it isn't facing near-term solvency or liquidity problems and suggested that ratings downgrades won't take as big a bite out of its business as investors feared on Monday.
Scottish Re (SCT : scottish re group limited shs
News , chart, profile, more
Last: 6.84+2.85+71.43%
6:50pm 08/01/2006
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
6.84, +2.85, +71.4%) shares lost three quarters of their value on Monday after the company's chief executive resigned in the wake of an unexpected second-quarter loss. The Bermuda-based firm said it also suspended its dividend and hired investment banks Goldman Sachs (GS : The Goldman Sachs Group, Inc.
News , chart, profile, more
Last: 151.26-1.49-0.98%
6:44pm 08/01/2006
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
151.26, -1.49, -1.0%) and Bear Stearns (BSC : The Bear Stearns Companies Inc.
News , chart, profile, more
Last: 139.45-2.42-1.71%
6:41pm 08/01/2006
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
139.45, -2.42, -1.7%) to consider strategic alternatives and track down extra capital. See full story.
A.M. Best and other rating agencies downgraded the company's ratings on Monday to below A-, a level that's considered important for reinsurers to attract and retain business. The downgrades sparked concern that Scottish Re could break some clauses in its debt agreements. There are also ratings triggers in some reinsurance contracts that allow customers to cancel policies and take back premiums.
Scottish Re tried to calm many of these concerns in a statement Tuesday morning.
"We do not face any near-term liquidity or solvency issues," the company said. "We are not in violation of any of the covenants associated with our outstanding debt and convertible securities or back-up liquidity lines."
Scottish Re also said it's tried to negotiate new reinsurance business without ratings triggers during the past three years. The company also said it's attempted to get ratings triggers taken out of old contracts.
While reinsurance agreements differ, ratings triggers, when they are included, allow customers to cancel policies if ratings fall below certain levels and take back or "recapture" the premiums they passed on to the reinsurer.
If lots of ratings triggers happen at once, reinsurers can face lots of recaptures that drain them of capital, like a run on a bank.
"Any treaties with rating triggers represent a de minimus amount of our in-force business," Scottish Re noted.
That eased concerns of one analyst, Andrew Kilgerman of UBS, who upgraded his recommendation on Scottish Re shares to neutral from reduce on Tuesday.
"Heavy recapture activity seems unlikely because ratings triggers comprise a small portion of Scottish Re's in-force business," Kligerman said in a note to clients. "Life reinsurers (including Scottish Re) have been pushing back on the inclusion of ratings triggers over the past few years."
Less than 5% of the U.S. traditional life reinsurance business written by Scottish Re rival Reinsurance Group of America (RGA : Reinsurance Group of America, Incorporated
News , chart, profile, more
Last: 50.38+0.81+1.63%
6:49pm 08/01/2006
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
50.38, +0.81, +1.6%) over the past three to four years includes a ratings trigger, Kligerman noted.
Scottish Re's book value currently stands at roughly $5.80 a share, Kligerman estimated. The company probably needs more than $300 million in extra capital over the next year, he added.
Scottish Re shares jumped 71% to $6.84 on Tuesday
OMG. Go ALDA.
Vino, I hope for the 20s.
in ALDA 13.85
fuel bcgi acel zane bby
Welcome back, flota.
In regards to FMTI, when which particular indicators are where, (and/or at what price) would you consider buying this one?
Thanks for the help.
soen uarm jnpr q nws bdx(cramer)
FL as a short?
tasr alks hw fl driv
[chart]stockcharts.com/c-sc/sc?chart=hw,uu[e,a]dhclyiay[db][pb5!b10!d20,2!f][vc5!c20][iut!lv8!lk9!ll5!lah5,15,10!lp5,5][j20444984,y]&r=3555>
aapl gv f gte siri
Thanks Missy!
nlst gv f ford lbix tbv aani gte sflk
Nice trend.
Nighthawk Radiology +1.75 in AH to 24.78 from Cramer review
Any opinion on the following: ATML
Thanks.