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It's here 14% revenue increase. Big drop in net income of .01 versus .04 net income last year.
https://www.otcmarkets.com/stock/IVFH/news/Innovative-Food-Holdings-Reports-Second-Quarter-2018-Financial-Results?id=200992
Looks like the ITCC quarter came in low at only .01 versus .04 last year in net income.
Hoping for a rally tomorrow. Not final, but seems to have failed by a decent margin.
"The measure currently has only 42 percent of the vote with no signs of increasing."
https://www.9news.com/article/news/local/local-politics/prop-112-fails-buffer-zone-for-oil-and-gas-development-will-not-expand-to-2500-feet/73-611990046
I don't think we'll know how good the iGourmet purchase is until we see the 4th Quarter results.
Saw Capstone 3 motion sensor lights for $20.00 product at Costco
Looks like the stock got a pop today on the news. I think internal bleeding is a big problem in that it is non-obvious to diagnose so an easy to use non-invasive product would seem valuable.
IVFH .69 - Looks like the good market reaction is continuing. Some welcome relief from those lows.
Looks like volatility has returned to ZYXI. I bought some today.
That happened to me also through TDA. I called to place my order. They gave me the web rate and also gave me 10 free trades after I asked them why it was restricted.
I also bought some today. Seems cheap given the growth. Has the recent profitability inflection. The Sony deal looks great to drive growth going forward.
Here are some stocks I purchased recently FWIW.
OPXS - Optex Systems Holdings, Inc - Price $1.515 - TTM P/E of 3.6 on Yahoo. They have a monopoly on making periscopes for the military. They also recently began selling some sort of periscope product
commercially for guns. Latest quarter grew revenue at 42%. Backlog was up 24%. Net income was $.6M annualized gives Price/Annualized Net Income of like 5. Also pays a dividend. Announced 500K share repurchase last month which should catalyze the price to move up.
ESOA - Energy Services of America Corporation - Price of $1.13 - TTM P/E of 35 on Yahoo. Diluted earnings per share of $.058, gives an annualized P/E of 4.9 Energy services company. They do contract work for energy companies in the U.S. They had a bad year in 2017 when rain messed up the scheduling of their projects, they couldn't get qualified labor, and they had to take the hit for all that. They implemented better estimation processes. They announced a share repurchase program that started Aug 15 not to exceed 10% of the outstanding shares which should catalyze some price movement. CEO continually buys a little bit of stock here and there to add to his already large position.
QBAK - Qualstar Corporation - Price $8.17 - TTM P/E of 10.7 on Yahoo - Net income of $.23 per share in most recent quarter. Price/Annualized Net Income = 8.8 with YoY revenue growth of 40%. They make tape drives and high efficiency power supplies. They inked a deal with Sony in the last year to make an optical disk drive that has mechanisms to swap the disks out. Sony created this 3 Terabyte optical disk technology jointly with Panasonic. Qualstar has a long history building tape drives and has the tech to do a good job building this product for Sony. The power supplies are expensive, but I think there must be a market in data centers with servers that are on all time. It is desirable to lower electric bills with highly efficient but reliable power supplies in data centers. With the overwhelming use of data these days we still need tons of space for backups. So I think there is still a market for their product, and near-term I think the Sony deal should continue their growth. They weren't doing well, then in 2013 they began to be turned around. Now they are looking cheap.
This stock is full of surprises, so maybe it will get to $4. I'm not sure to what we owe this move.
I wasn't expecting the jump up this soon after after earnings were released and the market received it in such a ho-hum way. Alot of shares traded hands around the $3.00 level.
Ya, nice move today.
PCHM 1.49 +.24 Are you still holding KiK? Looks like your "non-investible" company is doing alright.
I looked at ITCC. Net Receivables the last 4 quarters $3.4M $1.5M $2.6M $2.2M
Receivables have gone from $1.5M last quarter to $3.4M this quarter and SGA and cost of revenues has gone up some. So it looks like last quarter they had reduced their receivables, causing an increase in income. This quarter they did more business, causing SGA and cost of revenues to rise, and they have billed that causing receivables to be higher than they have been in the last 4 quarters, but the clients haven't paid yet, depressing this quarters net income. So I am expecting next quarter to be good. Let me know if you see something different.
Thanks for the alert.
(PROM, .10) I hope you're right about the good quarter. Ouch!!
Sam was doing a great job with acquisitions before the FD debacle. I think that is why the company had such high growth before the FD purchase.
I listened to the conference call. The main tidbit of interest I heard was that the grocery stores don't take in new products until the period from about August through November, even if they get authorizations earlier, which should show up in the 3rd and 4th quarter. So revenues will probably be flat sequentially in Q2 even if things are going well with the retailers.
Nice buy, Uboat.
Congrats on your PACV purchase, nice move
I thought of a tablet mounted on the front door with a swipe pattern that you use to unlock the door instead of typing in numbers for the typical smart lock. Like a lock screen for your house.
I know they have the exclusive rights recently acquired to distribute the Bueno shoe line in the US. What is the other new shoe line?
SLGD Loss of $196K versus net income of $1M in the first quarter of 2017. Revenue down 29% because of competition for Batiste dry shampoo for which sales were down 47%.
Who knows how long it will take to regain that lost ground.
I hope you're right, hweb2. I'm too overweight on IVFH.
I just picked up some ZYXI at $3.11. I'm surprised it is dipping already.
Thanks for the post Digi. It looks like I am in good company here.
I've been wondering why they were late, but that would make sense. I'm very confident in the CEO as he has done this before and his execution thus far has been great. He also gives out a clear picture of his long term plans.
I bought some yesterday on your alert. Thanks hweb2.
ZYXI - I listened to the conference call and they added 25 new sales people to bring the total up to around 130 to start the 2nd quarter. Sangaard said that it takes around 6 months for a salesperson to breakeven. So in their attempt at heavily hiring salespeople to take market share from the void left from the big competitor that left the market, it sounds like it can temporarily increase SGA without an increase in sales. Also they booked 36% in new orders for the machine in the quarter, but Sangaard says it can take a year and a half to get paid on that, so I would expect receivables to continue to climb as they take market share and stay elevated because it takes so long to collect from the insurance companies. But the electrode sales are immediate and should continue. I understand the waryness with their receivables numbers as I held the stock back when they had high receivables and then couldn't collect. I also sold today between $3.90 and $3.60 on a GTC order I had hanging out there.
KiK used to like that one, but he sold his shares on the last pop. I'm not sure what he thinks now. I thought this sounded interesting
"In response to the expiration of Applied Nutritionals' patent covering the use of hydrolyzed collagen in wound care on February 27, 2018, the Company submitted an FDA 510(k) application on March 26, 2018, seeking U.S. marketing clearance for our new internally sourced hydrolyzed collagen."
The Hemaquell is a new market and might take some time to grow, but maybe this hydrolyzed collagen is something already used and WNDM could become a supplier.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136801720
https://investorshub.advfn.com/boards/replies.aspx?msg=137016096
I also bought some ZYXI at $3.15, which seems to be around the bottom of their current volatile trading range. They have been aggressively adding sales people to pick up the business from that big player that left the market.
MMMB Mama Mancini's to appear on Fox Business News. The last time they were on tv they spiked up.
https://finance.yahoo.com/news/mamamancini-announces-active-negotiations-authorizations-103000173.html
Ya, it worked out, but took 6 months instead of 1.
TdAmeritrade
Looks like it worked out for me. Just like KiK said it would.
11/13/2017 12:01:05 Bought 399 BDVB @ 0.0495 -26.70
04/17/2018 07:47:27 Sold 399 @ 0.31 123.69
Why would he even have added the director in the first place if he was planning on taking the company private?