SwingTrade Member Forum

[BuzzOnDaBeach]

One of my top picks for January:

Can't wait much longer since I think we may have more of a Christmas rally than Jan effect. I grabbed a little today and will accumulate.

LBIX

Each of the last 3 Jan's, good for 50% to 150% gains.

Interesting company in that for their fiscal 2004, they lost .12, but in their first 6 months of fiscal 2005, they have earned .08.

What is really interesting about that is, they ACTUALLY earned twice that much, but have taken a non cash charge for income tax that they don't pay and won't for a long time due to NOL carry forwards. They also discontinued money losing products.

But what they are doing is, taking the charge, but using the additional profit to pay down long term debt. This reduces the interest expense the following quarter, thus increasing profits.

Sound familiar??? Uhhuh. NVI all over again, and at bottom.

What do they do? I bet everyone on this board has had one of their products.

Leading Brands, Inc. (NASDAQ:LBIX - News) is North America's only fully integrated premium beverage company. The Company's unique Integrated Distribution System (IDS)(TM) offers turnkey, one-stop shopping to food and beverage brand owners, including manufacturing, distribution, sales/marketing and licensing. In addition, Leading Brands produces their own line of beverages such as TrueBlue(TM), TREK®, Soy(2)O(TM), Pez 100% Juices(TM), Country Harvest® Juices, Caesar's® Bloody Caesar Cocktails, Brand X Originals(TM), Infinity(TM) Sparkling Mountain Spring Water and Cool Canadian® Mounting Spring Water.

Our extensive packaging resources allow us to produce almost every type of beverage product imaginable. As a result, we can change packaging formats to meet consumer preferences and manage run sizes to control inventories.

With almost 20,000,000 cases of overall annual capacity in two strategically located plants, we are also a valuable source to third parties looking to bottle their products. We are proud of our relationships with The Quaker Oats Company, Ocean Spray and Coca-Cola. In addition, we bottle private label juices for most of the retail chains in Canada.

Buzz