Replies to post #226 on Value Microcap DD

[J Sim]

NCNC DD Update
NCNC seems to have hired an aggressive IR firm to get the word out. Back-to-back press releases over the last few days indicate a continuing increase in revenues. Unfortunately, no financials have been released since Thanksgiving and no guidance has been released as to whether gross margins are returning to the levels experienced before the Quilite fiasco. Still speculative at this point but if they can show a return to profitability we should see a nice rise from here.

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New Century Companies, Inc. Forecasts 43% Gain in Orders for 2007

Machine-Tool Firm Cites Growing Customer Base and Demand Driven by Manufacturing of Super-Size Jets

LOS ANGELES, CA, Mar 22, 2007 (MARKET WIRE via COMTEX) -- New Century Companies, Inc. ( NCNC ), a leading manufacturer and re-manufacturer of machine tools, today said it expects customer orders in 2007 to total at least $15 million, or 43% more than the approximately $10.5 million it recorded for all of 2006.

The Company based this forecast on the rising order volume for its remanufactured products, particularly its computer-numerically-controlled vertical turning centers (CNC VTCs). During the first two months of 2007, it received $3.2 million in new orders for six VTCs and one large CNC horizontal lathe from customers in aerospace, energy and defense. This followed a strong fourth quarter of 2006, during which New Century recorded $4.5 million in orders for VTCs.

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New Century Companies, Inc. Reports $3.2 Million in New Machine-Tool Orders

LOS ANGELES, CA, Mar 20, 2007 (MARKET WIRE via COMTEX) -- New Century Companies, Inc. ( NCNC ), a leading manufacturer and re-manufacturer of machine tools, today reported that it has received new orders totaling $3.2 million, to be recognized by the end of the second quarter.

The orders are for six computer-numerically-controlled (CNC) vertical turning centers (VTCs) and one large CNC horizontal lathe. The VTCs are being purchased by manufacturers and machine shops in Ohio, Wisconsin, Texas and Connecticut, and will be used to produce components for jet engines, oil and gas pumps and wind-energy systems. The horizontal lathe is being sold to a Southern California aerospace firm to be used in the manufacture of rocket nose cones.