Replies to post #176028 on SwingTrade Member Forum (SWING)

[MikeDDKing]

IECE update (12/1/08)

I believe that IECE is setup for a double to triple over the next year. I'm estimating pre-tax EPS in fiscal 2009 will be in the $0.45 ballpark. That makes them quite undervalued at present prices.

Here is some more DD:

1. Excellent Earnings - IECE reported EPS of $0.91 and pre-tax EPS of $0.09 for Q4 (Sept.). The operating profit in Q4 was over 7 times that of the prior year!
2. Guiding for Growth to Continue in Fiscal 2009 - They are guiding for increased revenue of 70M next year. That is a 17% revenue increase from annualized Q4 revenue. If margins remain constant from Q4 I estimate pre-tax EPS for fiscal 2009 of $0.37. However, I think they will improve margins as they just started with integration of Val-U-Tech. Integration efforts with Val-U-Tech are expected to be completed by the end of 2009. Given that I would swag that pre-tax EPS for fiscal 2009 will be $0.45. Additionally a recent investor presentation indicates that they are laying the ground work for $100M in revenue in the near future and they expect the core business to grow 15+% per year. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31881662
3. Big Backlog - Backlog at September 30th was $40.5M which is roughly 80% of sales in 2008! http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33546029
4. Strong Book Value - IECE has a book value of $1.87/share. As of 11/28/08 it was trading for less than book value.
5. Empire Zone - IECE has applied for an Empire Zone. If they are granted this empire zone which is likely they will increase their margins due to the tax credits. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31763344
6. Insider Buying - Over 27K shares were purchased in the first week of September by the President of Val-U-Tech. Those are very significant purchases for a company of this size. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31936765
7. Additional Acquisition - Per a recent investor presentation they are looking for additional acquisitions.

More DD can be found here:
http://investorshub.advfn.com/boards/board.aspx?board_id=8386

Mike

[MikeDDKing]

SWINGTRADE BOARD FAVORITES BY RAWNOC & MIKES97707 (12/01/08 update):

ALIF - Rapidly growing & profitable maker of cell phone games.
MikeS97707's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33864099
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33789545
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=12627

EGMI - Rapidly growing & profitable makers of the electronic game & lottery card.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33790319
Board - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33790319

VBDG - Dramatic turnaround consumer product stock seeing rapid growth from their new retail biz plan.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33769432
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=10478

STVI - Rapidly growing & profitable set of internet dating websites including Facebook and MySpace sites.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33786182
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=14553

REPR - Rapidly growing & profitable makers of the only home, FDA & medicare approved syringe infusion system.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33791468
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=201

IECE - Rapidly growing & profitable maker of printed circuit boards.
* MikeS97707's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33877804
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=8386

DAAT - Fast growing & profitable maker of gun cleaning kits & other household items.
* MikeS97707's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33885987
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=3270

RBCL - Fast growing & profitable maker of nutritional and medical products.
MikeS97707's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33454059
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=9877

APTD - Dramatic turnaround digital media marketing story.
* Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33865481

CNO - Rapidly growing senior healthcare & life insurer with massive insider buying.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33852000

MOSH - Trust company with a $1.2 billion lawsuit on the table for the potential benefit of its unit holders.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33571789
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=11441

TRDY - Potential turnaround maker of children's books.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33852192
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=3226

UVE - Extremely profitable high-dividend yield Florida Hurricane Insurer.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33852217

XYTS - Low float stem cell pinksheet gamble for a trade. Extreme caution advised.
Rawnoc's thoughts - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33824798
Board - http://investorshub.advfn.com/boards/board.aspx?board_id=12520

*updated since Saturday

This list is in no particular order (except that the most recently updated tends to be toward the top) nor are they owned in equally weighted amonts as some we may have a LOT of money in while others very little as of the last update. Any links are thoughts as of the date and time they are written which may not be current. Also some symbols and/or links may be dropped from time to time without further update as the information/opinions mentioned simply become outdated. Please verify all claims and info, and do your own homework in addition.

Mike

[Rawnoc]

VBDG -- 12/3/08 Update

VBDG -- Huge Turnaround Going Into Q4 IMO:

(1) Q3 near break-even with Retail sales up around 60%+ while other retailers getting slaughtered.
(2) Q4 new products being launched at new retail chains in addition to Wal-mart, Sears, Target, Bed Bath & Beyond, major drug store chains, etc.
(3) CNN TV ad rates down 70% for VBDG this Q.
(4) Main product website traffic accelerating and DOUBLED in October over the month just before.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33740900
(5) One of their newer products, MyPlace, was the best selling product across the entire Bed Bath & Beyond chain Thanksgiving weekend.
(6) On pace to show Q4 YOY sales up 70-100% with positive earnings compared to a big net loss.

Looking into early 2009, they are launching a ton of new products to layer ontop of the current ones.

All of the above info taken from the Q3 conference call, Q3 PR, verifying from BBB, and Q3 10Q SEC filing:

CC link: http://viavid.net/dce.aspx?sid=00005976
PR link: http://biz.yahoo.com/pz/081114/154767.html
10Q link: http://tinyurl.com/5h833f

Please verify and do your own DD. I think Q4 2008 will pave the way to a massive 2009 IMO.

VBDG board: http://investorshub.advfn.com/boards/board.aspx?board_id=10478