Value Microcaps Motherboard

[whyme2005]

EXXA $2.2 is moving up ahead of (potentially) MONSTER earnings

EXX-A is a profitable low floater with only 4.7M shares on the float. With a market cap of only $25M, it generates revenues of about $150M/year.

In May and June of 2005 EXX-A announced 2 huge multi-year contracts with DaimlerChrysler (DCX) valued a combined $50M/year to manufacture powertrains.

EXX-A has astarted manufacturing DaimlerChrysler parts towards at the end of 2Q and should make a huge contribution to revenues and net income in 3Q and Beyond.

EXX/A chart is looking better and better each day showing steady accumulation over the last two months.


http://stockcharts.com/gallery/?exx/a


*****This is from the 10Q....:


" ..On May 9, 2005, EXX reported that one of the subsidiaries of Newcor received purchase orders from DaimlerChrysler Corporation (DCX) to machine axles for two current powertrain programs. The anticipated sales would approximate a 20% increase over EXX's current sales and profitability on an annual basis. Production under the contracts began in the second quarter of 2005 and is expected to build up to full production levels in the fourth quarter of 2005.

On June 17, 2005, EXX reported that a second subsidiary of Newcor had been awarded a machining program for a DCX Powertrain. The annual sales of this program are estimated at approximately 10% of EXX's 2004 annual sales. Full production under the program is planned to begin in the third quarter of 2005..."

DaimlerChrysler is now EXX-A's largest customer. DaimlerChrysler's contracts will represent about 30 % of the total projected $160M - $180M/year EXX-A's revenues in 2005/2006. EXX-A's market cap in contrast is only $24 million!


Having loyal/dependable DaimlerChrysler at the cornerstone of its customer base is a major milestone for fast-growing EXX-A. DCX has strict criteria in terms of timelines, quality, and dependability for all its critical-component suppliers.


MORE EXX-A HIGHLIGHTS:


* LOW FLOAT = 4.7 MILLION SHARES
* 2004 REVENUES = $143 MILLION
* 2004 NET INCOME = $1.5 MILLION
* O/S SHARES = 11.3 MILLION
* MARKET CAP = $24MILLION
* INSIDERS OWN 54% OF COMPANY.
* Long Term Debt HAS BEEN CUT IN HALF IN 4 QUARTERS TO LITTLE OVER $20M.
* SHAREHOLDERS' EQUITY IS A HEALTHY $1.8/SHARE


MORE ON NEWCOR:

Two Newcor divisions were awarded the May and June 2005 DaimlerChrysler Contracts. Newcor was founded in 1933 as National Electric Welding Machines Company and changed its name to Newcor in 1969. On January 31, 2003 the company was purchased by Exx Inc. (AMEX: EXX-A...EXX.A.... EXX/A in Scottrade's order entry form).

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.

Newcor reports its businesses under two product segments: Precision Machined Products and Rubber and Plastic Products. Newcor also operates the Bay City Division, which designs and builds state-of-art welding and forming equipment.

Always do your DD