InvestorsHub Logo
Followers 0
Posts 273
Boards Moderated 0
Alias Born 03/04/2005

Re: None

Sunday, 10/15/2006 1:31:39 PM

Sunday, October 15, 2006 1:31:39 PM

Post# of 173880
EXXA $3.92...2-year highs each day last week. Radar it

EXX/A IS STARTING TO MOVE UP AHEAD OF ANOTHER BLOCKBUSTER QUARTER TO BE REPORTED IN 3 WEEKS. EXXA WAS AMEX LARGEST % GAINER LAST WEEK.

http://stockcharts.com/gallery/?EXX/A

6-MONTH TARGET: $15++

IN AUGUST 2006, EXX INC. (AMEX: EXXA...or EXX/A or EXX.A) REPORTED AN IMPRESSIVE 19C/SHARE NET INCOME ON $43M IN REVENUES or ABOUT 20% REVENUE GROWTH....

TAKE A LOOK AT EXXA'S STEADY IMPROVEMENT QUARTER AFTER QUARTER:

http://finance.yahoo.com/q/is?s=EXX-A......

IN ADDITION OF GREAT EARNINGS, EXXA HAS A STRONG BALANCE SHEET WITH $1.3/SHARE CASH. EXXA HAS REDUCED ITS LONG-TERM DEBT THREE-FOLD IN THE LAST 3 YEARS!!!!

http://finance.yahoo.com/q/bs?s=EXX-A......

DAIMLERCHRYSLER IS NOW EXXA'S LARGEST CUSTUMER WITH TWO HUGE CONTRACTS ($45M/YR REVENUES)ANNOUNCED LAST YEAR. DCX PROFITS ARE STARTING SHOW UP BIG TIME IN THE TOP AND BOTTOM LINES. THIS IS THE FIRST OF SEVERAL SIMILAR BLOCKBUSTER QUARTERS. THE ESTIMATED FULL YEAR NET INCOME IS 60 - 80C/SHARE.


EXXA HIGHLIGHTS:

* LOW FLOAT = 4.7 MILLION SHARES

* 2006 ESTIMATED REVENUES: $170 MILLION...25% GROWTH

* 2006 ESTIMATED NET INCOME: 50 - 60C/SHARE

* ESTIMATED FULL YEAR NET INCOME: 60C - 80C/SHARE

* MARKET CAP = $36M

* P/S RATIO = 0.25

* O/S SHARES = 11.3 MILLION

* MARKET CAP = $40 MILLION

* INSIDERS OWN 54% OF COMPANY

EXXA was a $6+ stock in 2004 with less revenues, less earnings, and three times the long-term debt. More importantly, EXXA did not have a blue chip company like DaimlerChrysler as its largest customer.


2Q 2006 EARNINGS SUMMARY:

REVENUES: $43M .....vs. $37M....2ND QUARTER

NET INCOME: $2.14M OR 19C/SHARE..........vs. $0.7M LAST YEAR

DaimlerChrysler is now Exx Inc.'s largest customer. The new DaimlerChrysler's contracts will represent about 30 % of the total projected $160M - $180M/year EXXA revenues in 2006.

EXXA has the potential to become the next BOOM. In 2005 Fortune Magazine ranks EXXA as No. 1 in revenue growth, and 8th overall, among America's fastest growing companies.

About The Two DaimlerChrysler Contracts (Per the 2005 10-K) :

..."In May 2005, the Company reported that one of the subsidiaries of Newcor received purchase orders from Daimler Chrysler Corporation ("DCX") to machine axles for two current powertrain programs. the anticipated sales would approximate a 20% increase over the Company's then sales and profitability on an annual basis..."

.."In June 2005, the Company reported that a second subsidiary of Newcor had been awarded a machining program for a DCX powertrain. The annual sales of this program were estimated at approximately 10% of the Company's annual sales..."

The most difficult part about investing in EXXA is to figure out the symbol used by the various brokers. Etrade and Ameritrade use EXX.A..........Scottrade uses EXX/A..... MerrillLynch uses EXX'A

EXXA's Chairman/CEO David Segal is very bullish about the future of EXXA's stock. He has recently added 102,700 shares to his 5M plus shares buying all those shares in the open market!!


ABOUT EXXA:

Newcor, EXXA's largest division, was founded in 1933 as National Electric Welding Machines Company and changed its name to Newcor in 1969. EXXA snatched NEWCOR from BK in 2003. EXXA recently bought vinyl wallpaper maker Sellers & Josephson (S&J) from BK ofr $4M. EXXA expects S&J to be immediately acreetive to earnings and net income.

Newcor, Inc., owns several divisions employing over 1000 people worldwide in all areas of design, engineering, and manufacturing of a variety of products, principally for the automotive, heavy-duty, agricultural, industrial, and defense markets.
Join InvestorsHub

Join the InvestorsHub Community

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.