Replies to post #4213 on Value Microcaps Motherboard

[yielddude]

Lentinman, nice list, thanks for segmenting! (em)

[RRainman9999]

thanks for that list lentinman,

Don't forget BABB on that list


PE 7.75
)
RR

[SumTingWong]

lentinman, What's you're opinion on PRFT.

tia

[worthylion]

Nice list Lentinman--I think ZONS definitely qualifies--it hit $3.50 exactly yesterday at its low. Whether you were "right" or "wrong" if that low holds I think your prediction was impressive. I've always been skeptical of technical analysis, but you got my attention.

Also on AWRCF, in their last PR they said they were coming to NY in the 1st Q to talk to investors. If they follow through on that there should be some sort of announcement pretty soon--perhaps accompanied by earnings for the second half of 2004. If they come to NY I am planning to attend as it is now my largest position.

[CPTMatt]

So, what is your method of valuation? Purely P/E ratios compared against the P/E multiples of companies with very similar business plans and operations?

[Estimated_Prophet]

Lentinman~excellent work! Maybe you should put that up on the board info?

If you get a chance, could you tell me what you know about AOBO.

Thanks, keep up the great work!

PS:Have you seen the move Pi? You may hate it, but I think you will really enjoy it.

[abh3vt]

Len, thanks for that list. I realize this is a bit of a pain, but did you adjust for taxes in the earnings? I'm sure quite a few on your list are non tax payers, and adjusting for a pro-forma tax rate might knock them out of the <10 PE category. It doesn't seem fair to list low PE stocks without some minimum form of taxation if some are paying close to statutory rates and others aren't.

There are also some foreign stocks on the list, and they have different rates of taxation also...but they should also pay pf rates at whatever statutory level exists in their domicile, IMHO.

[bbotcs]

lentinman:

I thank you also for an interesting list.

Regards,
bbotcs

[researcher59]

lentinman: Thanks for compiling that great list of stocks. I like many of them, and of the 95 in your list, I currently own 22, and there are 18 others that I have owned in the past. Of course, many that I own are very small positions at under 1% my total portfolio. But the diversification allows me to sleep better at night.

[swampboots]

Nice list!

[stanu78]

Len, how about PYTM and CTON? Super Low PE VM? I mentioned about this 2 stocks a couple months ago...

I didn't haveany of this stock but have been following for several months now since I found it on my screener....

Both look cheap (but for a reason)
PYTM due to their negative book value (probably will be a going concern issue if they stop becoming profitable just 1 or 2 quarter) as debt might be hard to be extended/paid back.
Cash position has increase nicely in the last 4 quarters though. we could buy the whole company if we want to I guess...

CTON, someone said their business (home building) might be on a bubble or slump.
Over $750K in earning the last 4 quarters. Cash position $2M plus... with no debt I believe... P/Book = 1.3
sales increase the last 2 quarters.

Any thoughts folks.... on PYTM and CTON... do you think their business model is sustainable (and profit will be sustainable?) the valuation sees cheap but that totally depends on their business...

These 2 stocks could be a good pump and dump candidate (just like EGR) as it has great story (either good PE ratio or good balance sheet for the other one) but I don't do Pumo and Dump. (I haven't even buy the stock yet)

Stan

[stanu78]

Suggestion VM list that Lent Compiled....

I think we should monitor the progress of this VM portfolio (the list that you compiled) such as quarterly performance and annual performance starting 01-Jan-2005.

and we can see the result by individual stock.. which one is the winer and which one is a total mess... we can see the result by industry that Lent already specified ... or looking at the portfolio as a whole... I wonder if we will beat the S&P and other major indices or other small cap indices (russel 2000 or wilshire 5000?)

down the road we can add more stock but it will be interestign to see what happen if this portfolio is locke down for 1 year..

Just my 2 cents

Stan

[stanu78]

Suggestion for VM list that Lent Compiled....

I think we should monitor the progress of this VM portfolio (the list that you compiled) such as quarterly performance and annual performance starting 01-Jan-2005.

and we can see the result by individual stock.. which one is the winer and which one is a total mess... we can see the result by industry that Lent already specified ... or looking at the portfolio as a whole... I wonder if we will beat the S&P and other major indices or other small cap indices (russel 2000 or wilshire 5000?)

down the road we can add more stock but it will be interestign to see what happen if this portfolio is locke down for 1 year..

Just my 2 cents

Stan

[kojira]

Thanks Lentinman. It looks like a good place to start.