News Focus
News Focus
icon url

pappy

11/08/10 5:13 PM

#2345 RE: Traderfan #2344

$1.40+$0.21 or 17.65% was done on above average volume of 98,420 shares.

Although the pps made a upward spike on the charts the volume was not convincing enough to call this a breakout yet.imo

It looks to me like some relative value players are rotating funds into laggards.

CKGT surely qualifies as a laggard still down over 50% from its previous high @$3.00 in spite strong revenue gains so far this year.

As 3rd qtr numbers comfirm that the 3 pronged revenue thrust from beverages,animal feeds & cigarettes is real & that margins are continuing to improve from the awful margins shown in qtr 1 I look for continued upward support for the pps.

And yes these 3 pronged revenue drivers should occupy most of managements drive to increase current results.

However at some point I still believe "personnel care products" will be needed to propel growth thru the rest of this decade.LOL

It is hard to get information from management that is reliable since I have been told in 2008 & again in 2009 that personnel care products would be launched.

My latest e-mail inquiry directed at the vice president has gone unanswered but was delivered in his direction.
icon url

StevenRisk

11/08/10 10:21 PM

#2348 RE: Traderfan #2344

Traderfan after carefully going through the numbers o/s shares and tax increases I believe EPS will be flat to slightly down for 2010. While I expect the N.I. will be higher it is going to be just too much to overcome the higher taxes and share dilution this year. Earliar I had mentioned earnings would be flat to marginally higher. Unless they have a blowout division which is very possible I see NO chance than we can beat last years numbers. Let me also make this clear, this is really possible especially if the 3,000 stores sell product.

After reviewing Q3(09) and the reversal of doubtful accounts of $492K it is going to take much more revenue than I come up with to overcome the forementioned.So I actually believe earnings come in .01 less than last year.

In all reality anything over $10Mil is acceptible and a very legit number for the Q. My blowout revenue number is $12.5 MIl and anything near that and $3.00 will come very quick. I do believe 2011 will be their year barring any dilution that has already been factored in. Gonna hold the shares I have and see what happens. My estimate is for .14 fully diluted and even this could prove high. GLTA