Value Microcaps Motherboard

[stanu78]

AWRCF AOBO GEXA and MDF...

anyone selling AOBO today? I'm still holding.. but thinking to sell some due to the dilution... I don't understand why they need to raise $6M.. they earn $7M in a year... and they already have a lot of cash in their balance sheet...
The drop in soybean peptide product sales is definitely concerning me...
I'm still hopeful for the future of this company though.. stock option strike price at $2 and no new option issued as long as the share price below $2.. I think that's a good rule.. but at teh same time I think this tells me that management don't know much about how to get the stock price above $2 (definitely not by issuing shares in PP at $1).. but maybe they aren't greedy.. so that might be a good indicator...

AWRCF... The raising capital definitely raise my eyebrows... at this price.. even at $5-$6.. I think it's absurd to issue equity.. they earn $5-$10M a year.. how much money do they want to raise... if they raise $25M. they will have to dilute 50% of the current sharheolder.. while destroying book value per share... they need to issue shares when the share price at least price/book = 1.. even then it's still a dilution...
I don't think they should get more debt though... they should grow slow but sure IMO...
I'm long on this one but waiting for the $300M sales result (and see how much of that translate to profit and cash flows) before adding... I bet the price won't be up much even if the result is good.. this stock has no audience besides us.. as mandjb mentioned...

MDF will post weaker Q105 earning due to weaker quarter, income tax rate first time applied and increase HMO startup cost.. I do expect/hope that the stock will hold above $2/share

GEXA earned .87 per share in 2004 and just got bought by FPL at $6.88 .. not sure if I should wait till the merger complete or bail out today at $6.57.. any thoughts...

Stan