Replies to post #176101 on SwingTrade Member Forum (SWING)

[BRIG_88]

i believe the market is down over 600 and looks like liquid shit.....GRINCH

[MikeDDKing]

DAAT - I was finally able to find the fireplace products in a Walmart in IL. I found out that the fireplace products are not available at all of the Walmart locations which is why I was having difficulty finding them. They are nice additions to the DAAT product line and should add considerably to the top and bottom line. Here are some pictures:

Bellow - $15.00


Designer Fireplace Tool Set - $29.00


Designer Fireplace Screen - $29.00


Classic Fireplace Tool Set and Screen - $35.00/each


Mike

[Rawnoc]

DAAT -- a mere 1k trade took out the ask at .43, not it's .54

[Rawnoc]

After doing more DAAT DD, I would normally think in conjunction with August guidance + the real drop in commodity prices probably more than they expected and gun sales probably higher than they expected, Q4 revenue at least $9 million and EPS at least .12

However, since they didn't repeat guidance in the Q3 report, and since perhaps they were expecting larger orders from Wal-mart or more turnover in Q4 (I have no DD to back this part up), perhaps the other products had a shortfall in sales with the bad economy. Therefore I lower my sales estimate to match yours at $?.5 million and agree with .08 EPS as well, with the upper possiblity of $9 million and EPS of .12 if everything went perfect during the Q. Brings us to EPS of .10 for the year, and a PE of 3 with grow opportunities ahead with the new products.

In addition, Q1 has been historically a blah Q. But with gun sales increasing, new products, AND better margins, I estimate Q1 could easily be +.05 EPS, or even a conservative +.02/+.03. That gets the stock exciting at THIS level for more than just the Q4 results. Q1 is only due 6 weeks after Q4's results. Q1 makes an investor believe Q2 & Q3 will be similar or +.02/.03 X 3 = .06/.09 + .08(Q4) = .14/.17 earnings for a .29 stock is insane EVEN in this shitty market where PE of 4 at the very least should be achieved. I see worst realistic case scenario a double from here over the next couple of months. Best case realistic scenario a quadruple.