|9540 || ABL, AMOT, CMT, CVU, KEM||20-Apr-2011 09:53 AM|
Reminder: Updated Mock U.S. portfolio holdings:
WWWW CMT VSR MERC AMOT CVU KEM USHS RES ABL PDFS TORM SMCI
|14640 || ||15-Nov-2013 04:09 PM|
In our 10/15/2013 email, when the stock was trading at $8.99 we stated we felt FONR was due for a possible technical breakout as investors begin to dissect the company’s strong fourth quarter 2013 results ended in June.
Today, after the company reported strong first quarter 2014 results the stock rose over 60% reaching a high of $18.25 or 103% higher from our mention. We have closed out our position.
|14625 || ||06-Nov-2013 12:47 PM|
Responsys (NASDAQ:MKTG) ($18.00) - GeoBargain MKTG provides on-demand software and professional services. The company reported strong third quarter 2013 results:
MKTG beat analyst top and bottom line estimates reporting EPS for the third quarter 2013 of $0.03 vs analyst estimates of $0.02
reported revenue growth of 27.5% with revenues of $51.7 million compared to analyst estimates of $48 million.
provided upside revenue guidance with revenues for 2013 expected to be between $201 - $203 million above the previously issued revenue guidance of $195 - $197 million and ahead of the analyst estimates of $197 million.
Also sees fiscal 2013 EPS of $0.16 vs. analyst estimates of $0.15.
Please recall on 2/22/13 we wrote our first article on MKTG, "Responsys Inc. (MKTG): Filling the Valuation Gap" when the stock was trading at $7.76. We then coded MKTG as a GeoBargain on 4/11/13 at $8.97. On 5/6/13 we issued our follow up report "Responsys (MKTG): Last SaaS Standing" when the stock was trading at $10.80.
We listened to the conference call and it is management's belief that the company can continue to maintain at least 20%+ growth over the next several years. We believe the reason MKTG is and has been selling at a relatively low EV/Sales multiple is due to its inconsistent revenue growth of above 20%. (Tier 1 comparables are trading near 4; recently acquired tier 1 comparables have been acquired near 8). MKTG was trading at an EV/Sales multiple of 1.8 at the time of our first article, and is now trading at an EV/Sales of 3.8. We believe the market will continue to bid this multiple up as the company continues to perform on its sales objectives, which has been main concern of investors in the recent past. We are more confident now than we were before that MKTG is a prime acquisition target in a space that M&A activity has been strong and accelerating. Although we have locked in some gains, we are still long this name. We may consider buying some deep out of the money CALL options if favorably priced.
|14598 || SODI||04-Nov-2013 10:36 AM|
Nicholas J. Swenson as the sole managing member and president of Groveland Capital LLC disclosed a 7.4% stake in Solitron Devices (OOTC:SODI). The purpose of the transaction according to the filing:
"The Reporting Parties acquired shares of Solitron Devices because they believed and continue to believe that the Common Stock is significantly undervalued. While we believe Solitron's leadership has done a good job managing the Company from an operational perspective, we believe Solitron’s leadership has done a poor job managing the Company from a capital allocation perspective. In this regard, the Reporting Parties believe it is very important that Solitron's board be accountable to shareholders. For this reason, we intend to influence the policies of Solitron Devices and assert shareholder rights, and we have requested a meeting with the Company's management and board to discuss in detail shareholder representation on the Solitron Devices board of directors. "
We disclosed our long position in SODI on 5/16/2013, we are still long this name. Part of original thesis was that we felt there would be changes to the board of directors based on a 13D filing from February 22nd 2013, where an 18% shareholder (Furlong partners) filed a proxy statement urging shareholders to vote in favor of shareholder friendly initiatives, including shaking up the composition of the board of directors.
|14568 || ||28-Oct-2013 09:14 PM|
Yes of course, that's what they are doing with the S1 here. I was confused why they call it IPO despite that the stock is obviously already trading on the otcmarkets. Should just call it a secondary or so I suppose. They wanna sell 4 million shares and they write in the S1 that they will sell it for 5 bucks which is confident since the stock is trading at 1.90 here. They have already lined up more aquisitions with the money and apparently already applied for a national listing. The stock climbed already now since I first posted here. It was at around one buck back when I made my posting.
Check out the brand new presentation which tells the story.
|14562 || SYRX||28-Oct-2013 09:27 AM|
Hey,, Good to hear from you, It has been a while. Sysorex Global Holdings Corp (OOTC:SYRX) looks very very compelling, Will start some DD. Thanks for the tip. Will keep you posted. We do need to be aware that they want to raise money:
We have been actively pursuing equity financing to provide us with capital necessary to continue pursuing the acquisition and expansion strategy that we launched with the acquisition of Lilien in March 2013 and, if necessary, to provide working capital to our current operations. Upon the completion of this Offering, we expect to have sufficient funds to continue this acquisition and expansion strategy. If we are unsuccessful in raising additional capital through this Offering or obtaining alternative financing during 2013, we may have to postpone or abandon our acquisition and expansion plans. However, if such postponement or abandonment of our acquisition and expansion plans is required, it should have a limited effect on our liquidity or the ongoing operations of Sysorex, Lilien, or Shoom as described above.
|14532 || ||17-Oct-2013 01:26 PM|
Our first go around with $CECE was back in February of 2012 when we coded CECE a GeoBargain on the radar at $6.99. CECE reached a high of $10.20 during its tenure as a GeoBargain on the radar returning 46% at that time and 157% at current prices.
In our March 5, 2013 email we alerted our GeoInvesting premium members that we re-established a position in Ex-GeoBargain CECE. We stated CECE was back on our radar at $11.50 because of the March 4, 2013 acquisition of Aarding, a pollution control company. One month later, CECE announced the acquisition of Met-Pro, and acquistion we felt would be slighly accretive to 2013 EPS. We mentioned CECE in many emails regarding contract wins and analyst upgrades over the last several months. We have now closed out our long position, locking in over 60% gains in our second go around with CECE.
|14528 || FONR||16-Oct-2013 01:43 PM|
Joe, Agree on Fonar (NASDAQ:FONR). Once it convincingly holds above $9 it should fly. Think it goes to $12.
|14514 || ||11-Oct-2013 01:11 PM|
Have you guys ever looked into SYRX? This is a nice little powerhouse with all the activities this year. They have filed a S1 yesterday for a IPO, they already applied for a national exchange and apparently according to the filing they will sell 4 million shares for 5 bucks per share while the current share price is at 1??
To be honest I have never seen an IPO for a stock that is already trading. All in all this is interesting especially with the pullback now. What do you think? Check out all the aquisition stuff lately.
|14499 || FONR||04-Oct-2013 10:38 AM|
EPS of $1.34, trailing P/E around 5, tiny float and a booming business. Seems like a recipe for a monster run.
|14447 || ||16-Sep-2013 08:07 AM|
Superman has been on MFRI since early June
|14445 || ||12-Sep-2013 11:29 AM|
The stock looks like it could easily double based upon the tiny float, big earnings and large backlog. Many other tiny floaters have done super lately on pumps from Superman. Get a hold of him, as I think he would love MFRI. Right up his alley.
|14443 || MFRI||12-Sep-2013 10:04 AM|
Joe, Mfri (NASDAQ:MFRI) is a gift here. Muted response on great earnings.
|14432 || ||08-Sep-2013 01:01 AM|
Yeah, I saw that. I've always had a hard time getting excited about GV and pissed I didn't short above $5.00 like I was going to do. Can't believe these guys don't hold a CC after their earnings to field questions. I'm watching it, but that's about all.
|14419 || GV||29-Aug-2013 12:55 PM|
Joe, insider buying again on Goldfield (AMEX:GV), this time by CEO
|14409 || ARTX||26-Aug-2013 11:57 AM|
On 8/2/2013 The GeoTeam tweeted that Arotech (NASDAQ:ARTX) was attempting to break through $1.50 resistance level. The stock went onto break through that level and reach a new 52 week high of $2.71 on 8/13/2013 after reporting strong second quarter 2013 results.
Today we closed out the remainder of our trade due to the fact the ARTX snuck in a S-3 filing late in the day on Friday, 8/23/2013.
|14376 || GCAP||09-Aug-2013 11:17 AM|
Crazy, did not expect the blowout quarter Gain Capital Holdings (NYSE:GCAP) just reported. Actually, if acquisition does not close GCAP could be back on the sell block.
|14374 || GCAP||08-Aug-2013 01:16 PM|
Someone please try and convince me that GCAP can't hit $20 with the next 12 months. Seriously, monster earnings and WITHOUT help from acquisition.
|14315 || FVRG||10-Jul-2013 01:52 PM|
On 5/20/2013 we added Forevergreen Worldwide (OTCCB:FVRG) to our speculative screen. Here is our original note:
FVRG develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, and South America. The company’s quarterly revenues over the last 3 years (2010 to 2012) have not been able to surpass a range between $2.5-$3.7 million. Additionally, the company has lost money over this period. Management claims that cost cutting efforts implemented over the past 2 years combined with the introduction of new high margin products will allow the company to grow 2013 sales by 35% to $17 million and report EPS of $0.04-$0.07.
Adding to the sizzle of the story is that the company has introduced a line of hemp-based whole-food products. Here is a quote from management that exemplifies their optimism:
“With our new product brand driving a large portion of this growth, and with much of the world still an untapped market for us, we do not see a slowdown in our growth rate for the next 18-24 months. Since we have about 18 million shares outstanding, small positive changes to our growth rate and net margins can have a significant impact on our earnings per share. After several years of delivering the message of a healthy lifestyle to a loyal base of customers, we are now delivering the financial metrics that our shareholders like. Since increasing shareholder equity is our top priority, we will continue to keep investors abreast of all key developments.”
On a negative note, the company is being promoted by what we consider to be an investor relations firm associated with some pump and dumps. We still think the stock is worth watching and will establish a small speculative position.
Today the company announced that its sales of the FG Xpress product PowerStrips grew 204% during Q2 2013. During the first half of the year sales for FG Xpress were approximately $2.4 million. The company also stated "It took us over a decade to achieve our first $250 million in sales. We are confident that we will achieve this during the next 3-4 years. More importantly, we will do it with a high level of profitability.”
|14223 || SMTX||24-May-2013 09:45 AM|
|14156 || ||19-Apr-2013 09:10 AM|
It seems that you perhaps got it at a price that we thought was above our short-term expectations. In our January 9 email we stated:
GeoBargain Consumer Portfolio Services (NASDAQ:CPSS) - We first added CPSS to our GeoBargain list on November 12, 2012 at $3.68. We highlighted CPSS in our article “Consumer Portfolio, Our Newest GeoBargain, Shows A Clear Path On How To Profit From Sector Driven Markets”. We are considering selling our remaining shares and plan on removing CPSS from the GeoBargain list. The stock has exceeded our price targets and is up 70% since first being coded a GeoBargain. We will continue to track the stock and reevaluate the story after the fourth quarter 2012 results are released.
We also made this public on that day here: http://geoinvesting.com/companies/cpss_consumer_portfolio/research/geobargain_notes/0043182
Although the stock continued to rise as an Ex-GeoBargain, eventually eclipsing $10.00 per share, we have not had a chance to fully evaluate the stock's current story (post 4th quarter).
While we can't give out recommendations to buy, sell or hold stocks, we can say that we may continue to monitor CPSS.
You can choose to follow our comment streams on Seeking Alpha if you would like to keep abreast of our ongoing dialogue and feedback on our articles that we publish there concurrently.
|14150 || CCIX||17-Apr-2013 10:08 AM|
Ex-GeoSpecial Coleman Cable (NASDAQ:CCIX) has risen sharply from the mid $9 range in January 2013 to a high of $15.40 on 3/26/2013 on the heels of strong earnings it its fiscal 2012 third and fourth quarters. The challenge the company has faced in the past is that it offers a wide range of EPS guidance. However, it is possible that declining copper prices may benefit the company and possibly help narrow the range of EPS guidance. Excerpt from the 10-K:
Our agreements with our suppliers generally require us to pay market price for raw materials at the time of purchase. As a result, volatility in these prices, particularly copper prices, can result in significant fluctuations in our cost of goods sold. If the cost of raw materials increase and we are unable to increase the prices of our products, or offset those cost increases with cost savings in other parts of our business, our profitability will be reduced. As a result, increases in the price of copper and other raw materials may affect our profitability if we cannot effectively pass these price increases on to our customers. In addition, we pay the freight costs on certain customer orders. In the event that freight costs increase substantially due to fuel surcharges or otherwise our profitability may decline.
|14144 || CPSS||13-Apr-2013 04:25 AM|
Thoughts on CPSS now? I bought at 10.87.
|14142 || TMHC||12-Apr-2013 12:52 PM|
Taylor Morrison Home Corp (NYSE:TMHC) ($24.03) is a $1 billion homebuilder that just completed its IPO. Revenues have increased from $1.3 billion in 2011 to $1.4 billion in 2012. Net income increased from $87 million to $104 million over the same period. Shares are selling at a trailing PE of 6.76 and an EV to sales ratio of 1. We believe it is possible that shares could trade at an EV to sales ratio of between 2 and 3. In its prospectus the company provided guidance that its 1st quarter revenues will increase 30%, however, it has yet to issue a press release providing this guidance. We still need to review the company's capital structure to see if our fully diluted share count assumption is accurate.
|14076 || PERI||13-Mar-2013 07:06 PM|
Joe, thanks for the heads up. Reuters had the estimate of $0.32 which is the number a member of our team who issued the update referenced. I agree with your "added statement." We were in a rush to get the email out and I did not have a chance delve deeper into release. But I did listen to the conference call which was bullish.
"expects Bing to significantly contribute to q2 and q3 search results"
|14075 || PERI||13-Mar-2013 09:49 AM|
Maj, in your e-mail note this morning, you said PERI missed analyst expectations on EPS by .02, but you might be confused. They smoked analyst expectations for the full year and Q4. Previous EPS guidance was for .90 for the year and it was .99 and for Q4, guidance called for .24 and it was .32 ... and there's a huge new catalyst as well, as the company reiterated EPS of $1.61 for the year, but this time they added this statement which tells me they're low-balling big time ....
"Our guidance takes macro changes to the search industry into account, but reflects minimal contribution from new products we expect to introduce during the first half of 2013 and does not include the incremental benefit of potential accretive acquisitions,” concluded Mr. Mandelbaum."