InvestorsHub Logo
Followers 923
Posts 63070
Boards Moderated 0
Alias Born 12/27/2000

Re: None

Saturday, 01/06/2001 4:14:18 PM

Saturday, January 06, 2001 4:14:18 PM

Post# of 3366
SCRO: EARNINGS DUE OUT AROUND JAN. 15th. Here's some DD.

IMO the price should climb this coming week and then more after announcement.

Score One Announces Second Quarter Earning and Revenue On Target (see below)

Shares Outstanding 19.9 Million
Float 3.4 Million
Market Cap $14.7 Million

Website:
http://www.globalsources.com/athl.co

Business Summary:

Score One Inc. is a Hong Kong based designer and manufacturer of application specific printed circuit boards (PCBs), including flexible, double-sided conductive carbon and polyester based flexible PCBs for use in the consumer electronics market and in telecommunications devices.

Why I invested in SCRO:

1) Profitable - EPS = .07 for 3 months ending Aug. 31, 2000.
2) Dec 8, 2000 - Company announced that earnings and revenue are on target for the quarter ended November 30, 2000.
3) Their quarterly report is due out around Jan. 15.
3) Gross profit margin increased to 32.4% for 3 months ending Aug. 31, 2000.
4) 600 employees.
5) Near 52 week low.
6) Letter of Intent for the purchase of a 45 percent equity stake in Blue-Tech Industrial Co. Ltd.
7) The company is certified at IS0 9002 level. (This certification should help ensure the quality of their products and and attract customers).

Significant Developments:

November 1, 2000
Advanced Technology Holding Ltd., a wholly owned subsidiary of Score One, Inc., announced the purchase of a Hot-air leveling machine to meet increasing demand for telecommunication and computer-related Printed Circuit Boards (PCBs). Management anticipates a significant increase in new orders for PCBs, as the new equipment has the ability to boost productivity by at least 10%, while improving product quality and reducing delivery time proportionally.

--------------------------------------------------------------------------------
October 19, 2000
Score One, Inc. announced it has begun to provide the installation of electronic components on its PCBs as a value added service to its existing customers. This new Circuit-On-Board (COB) offering is expected to retain and attract new customers for its existing PCBs and open a new marketplace for the COB product.

--------------------------------------------------------------------------------
September 21, 2000
Score One, Inc., with the wholly owned subsidiary Advanced Technology Holdings Ltd., announced that the Company intends to expand current business and reposition itself to capture the domestic PCB market's potential annual turnover of $10 billion.

--------------------------------------------------------------------------------
August 3, 2000
Score One, Inc. announced that it has received additional orders equaling in excess of $2 million from Integrated Display Technology Ltd., Same Time Holdings Limited and Yue Fung International Group Holdings Limited, which are Hong Kong based companies. Additional information was unavailable.

Friday December 8, 2:54 pm Eastern Time
Press Release
Score One Announces Second Quarter Earning and Revenue On Target
LOS ANGELES--(BUSINESS WIRE)--Dec. 8, 2000--Advanced Technology Holding Ltd., a wholly owned subsidiary of Score One Inc. (OTCBB:SCRO - news), announced today that preliminary results for the quarter ended November 30, 2000 indicate revenue continues to grow as earnings remain strong.

Roy Ho, President and CEO of Score One Inc. commented, ``Score One Inc. received $4 million of additional orders to manufacture the Current-On-Board PCBs from new and existing clients representing a significant increase to overall sales and profitability from this valued added service.''

Recent Announcements Include:

-- Net income increased 8% to $1.38 million as compared to the same period ended Aug. 31, 1999, while gross profit margin increased to 32.4%.

-- Total earning per share of $.07 for the three-month period ended Aug. 31, 2000 and a 33% increase in shareholder equity to $6.2 million.

-- $.10 per share earnings for the five-month period ended May 31, 2000 and shareholder equity increase of 52% from $3.19 million to $4.84 million. Shareholders Equity rose 95 percent in the nine months period ended August 31, 2000, while Book Value increased from 15 cents to 31 cents.

-- Score One has recently entered into a Letter of Intent for the purchase of a 45% equity stake in Blue-Tech Industrial Co. Ltd. ("Blue-Tech"), a joint venture with the Pao Li Group of Jiangsu Province in the People's Republic of China (PRC). Blue-Tech plans to manufacture Multi-media Home Personal Computers and expects to generate approximately $20 million in revenues and $2.65 million in net income for the first year of operation, approximately $1.2 million of which would accrue to Score One.


Dream





Always do your own DD, I'm just a monkey. No disclaimer needed.


Go Joe!! http://www.mcso.org

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.