Fundmanagers taking profits from biggest gainers so far and moving into tomorrow's biggest gainers.
Its called rotation. Nothing to fear but fear itself.
6.86 is its current forward PE.
STEC ran from $3 to $40 before coming back down.
Markets dropped -500 points off DJIA ahead of GDP report out today.
So being up only 100 points right now is hardly a victory. I was expecting a 200-300 point rally today on the DJIA after a -500 point drop days ahead of the GDP report.
So being up only 100 points right now is hardly a victory. I was expecting a 200-300 point rally today on the DJIA after a -500 point drop days ahead of the GDP report.
Earnings winners today: GIGA,REV,TBL,VCI,MED,HS,CATM
2 stocks bucking the trend though: PEET coffee & Quantum Corp
Can STEC Match Quantum's Leap? By the tickerspy.com Staff On 11:54 am EDT, Wednesday October 28, 2009 http://finance.yahoo.com/news/Can-STEC-Match-Quantums-indie-2941433282.html?x=0&.v=1
San Jose, California-based Quantum Corporation (NYSE: QTM - News) more than doubled analysts' EPS estimates in its fiscal second quarter, sending shares up 20%. The company reported its second consecutive quarter of GAAP profits, which totaled $11 million or 6 cents a share. After adjustments, EPS came to 11 cents a share, crushing analysts' expectations of 4 cents. [more]
Earnings Round Up (WSII, APOL, ELMN, QTM, AMKR, ETFC)
Posted on 10/28/09 at 5:58am [more]
on its eps in future quarters.
Hospira said sales of specialty drugs -- or drugs that require special handling -- climbed 24 percent to $575.7 million. That was partly due to sales of a generic version of the chemotherapy drug oxaliplatin, which was launched during the quarter.
Oxaliplatin is a generic version of Sanofi-Aventis' drug Eloxatin.
BIDU down -54/shr to $378? Time to load the wagon in my opinion.
HSP Q3 net profit up 42 percent, sales up 9 percent
* Maintains full-year sales forecast, boost EPS outlook [more]
I would be shocked if oil does not head back towards $60's by Feb. 2010.
Related tickers : OIL, DTO
Todays numbers prove that TTM is now highly profitable.
Not many days you can crow about 3 stocks all at once.
over a span from 2006-2008. The growth has not stopped in 2009 with estimates net income of $42M for 2009. [more]
at todays press release showing its financials which do not include any of the newly acquired China Media financial numbers. TMI is now China Media in a reverse Merger. Anyone who is selling or shorting on this yahoo fianancials data is got to be fresh off the college campus rookie. [more]
Just like STX two days ago and LTM yesterday, CA now down -2.70 is a bargain right now. Oversold on panic even with good numbers.
LTM beat and raised guidance just like STX did yesterday and the stock is tanking just like STX did yesterday. But Just like STX watch it rebound quickly. [more]
Thursday, September 10, 2009
AutoChina International Announce Strong Interim Results as they Reposition Business Model
In an interim trading update AutoChina International (AUTC) have reported their H1 results for the current financial year. The Chinese commercial vehicle sales and leasing company’s interim results appear very strong, with a 47.7% increase in group sales compared to first half of 2008. Similarly, comparative earnings jumped 78% to almost US$13 million against the same period last year.
The strong financial data from first half trading comes at the end of a significant 6 month period in which AutoChina became a public company and sold a considerable strategic business unit. At the turn of the year AutoChina sold its auto dealership business to focus on the commercial vehicle sector which AutoChina anticipate will experience rapid growth in mainland China.
According to Autochina the proceeds of the sale will allow them to accelerate the current sales growth further as they expand their operations and open new branches. The last 6 months alone have seen AutoChina increase their branch network substantially from 102 sites to 142.
In an accompanying statement AutoChina’s CEO, Mr. Yong Hui Li commented on the new business models growth prospects;
“We believe that the commercial vehicle business model that we have created provides a significant opportunity for growth ... We believe that we are well-positioned to capitalize on the commercial vehicle expansion in China and to build on our position in this highly fragmented market.”
Link to earnings filing: http://tinyurl.com/yjajxta [more]
I wanted to rate this stock and its over $100M mkt cap but CAPS has yet to list it on its site??
! In March 2008, AutoChina entered the commercial vehicle (heavy truck), sales and financing business with the goal of becoming a one-stop provider to customers consisting primarily of entrepreneurial commercial vehicle operators. The Company focused on opening branch offices, linked to its central headquarters, that serve as a base for local grass roots marketing. AutoChina holds no inventory, instead relying on numerous dealers of different manufacturers to supply the commercial vehicles it leases to customers.
In its first nine months of operations, the Company opened 103 branches covering the Hebei, Shanxi, Shandong and Henan provinces and Inner Mongolia and reported revenues of $34.1 million. For the first six months of 2009, AutoChina reported $71.0 million in revenues from its commercial vehicle sales and leasing business. The Company is planning to continue pursuing expansion opportunities across China, specifically in Jiangsu, Anhui, Hubei, and Liaoning provinces. In addition, as part of measures to improve operations, underperforming locations are being evaluated and may be closed where appropriate.
AutoChina’s Chairman and CEO, Mr. Yong Hui Li, noted, “We are very proud of how AutoChina has grown in a short period of time, and expect to accelerate this process in 2010. We are benefiting from a number of positive macro-indicators in AutoChina’s markets. For the first eight months of 2009, China's truck sales grew 61% to 1.9 million units according to data from the China Association of Automobile Manufacturers. We have also seen growth in the heavy-duty and semi-trailer truck market that AutoChina primarily leases and sells, as highway freight volume continues to improve. We believe that we have created a scalable and cost-efficient operating structure well equipped to capitalize on this commercial vehicle expansion in China and build on our position in this highly fragmented and growing market. I congratulate AutoChina’s entire team on reaching this notable landmark today and am sure it will be the first of many more positive developments.”
AutoChina to Webcast Presentation at Roth China Conference
AutoChina also announced that the Company’s CFO, Jason Wang, is scheduled to present at the Roth China Conference this afternoon (Wednesday, October 14, 2009) in Miami Beach, FL. Mr. Wang will be presenting at 1:00 PM Eastern Time. The presentation will also be broadcast live over the Internet via http://www.wsw.com/webcast/roth22/auclf.ob/. To listen to the live presentation, go click the link at least 15 minutes early to register, download and install any necessary audio software. [more]
DJ reports House Democratic leaders are pushing closer to embracing the more robust public health insurance option favored by liberal Democrats, as they sought Wednesday to gauge whether such a plan can win support from a majority of House lawmakers. "I think we're going to be able to," said Rep. Anthony Weiner, (D., N.Y.), a member of the House whip team, when asked if the robust public plan will get majority support. "I think it will ultimately become the law of the land." House Democratic leaders "whipped" support for the broad public option, meaning they polled their members regarding their support, during House votes Wednesday. [more]
5 Explosive Crude Plays Posted: Oct 20, 2009 14:39 PM by Aryeh Katz Link to article
addthis_pub = 'YOUR-ACCOUNT-ID'; addthis_options = 'favorites, digg, delicious, facebook, google, yahoo, live, reddit, friendfeed, more'; ; Tickers in this Article: KOG, GOK, SGY, HDY, MHR
Crude oil futures hit one-year highs on Wednesday, leading many to speculate that the rise toward the $150 all-time peak hit last spring is still in force. The move is a combination of two strong forces simultaneously at play: the weakness in the U.S. dollar and a recent increasing demand for fuel. [more]
Seagate Sees FY 2010 EPS Above Street; Begins Shipping First SSD ProductOctober 20, 2009, 7:27 PM ET
By Eric Savitz at Barrons Online [more]
Just Reported Q1 (Sep) earnings of $0.58 per share, excluding non-recurring items, $0.11 better than the First Call consensus of $0.47; revenues fell 12.2% year/year to $2.66 bln vs the $2.62 bln consensus. Seagate Tech reports gross margin 24.5% vs 23.3% consensus. Co issues upside guidance for Q2, sees Q2 revs of $2.75-2.85 bln vs. $2.75 bln consensus. For the December quarter, the company is planning for the overall industry demand for disk drives to be 153-160 million units. [more]
CNET editors' review Reviewed by: Dong Ngo Reviewed on: 10/16/2009
The two-bay BlackArmor 220 NAS server is the stripped-down version of the BlackArmor 440. However, it's only stripped in terms the physical size and numbers of drive bays. On the inside, it's still an advanced NAS server and shares the same set of features as the 440 (for this reason, you will find this review similar to that of the 440). At around $400, the 220 comes with 2TB (or $650 for 4TB), and is one of the most affordable advanced NAS servers for both home and small business use. [more]
Trading at a Huge discount to nearterm future earnings potential
This also occurred in June-July 2009 but lasted only 3 to 4 weeks before they came back to Chinese stocks.
Down Chinese : TRIT. CHNG, JST, FUQI, RINO , CISG, HRBN ,
Up biotechs: ACOR, SLTM, JAZZ, HGSI, DNDN, PRX
Tck was not hard to find from $2+ to $33+ , because it was a well known name. Now almost 11+ bagger from all time lows.
But companies like LLFH.ob & PUDA are hiding pretty good but not for long. Once investors start seeing these stocks above $5+ making 10% gains daily they will start to buy in masses. I have seen it with TRIT, RINO, LIWA, YONG, CPBY, CHNG, HEAT, CGA etc, etc. [more]
This tiny microcap under $200M is expected to earn .94 eps by April 2010.
Guess where its trading? At only $6+ because it has not uplisted from the .ob board yet but soon enough it will be and you wont be able to buy it under $10 by then. Remember LIWA at $6+, YONG at $6+, TRIT at $10, RINO at $10?
Well you can see the trend.
"HEAT" or Smartheat inc. offers PHEs; units that combine PHEs (PHE units) with various pumps, temperature sensors, valves, and automated control systems; and heat meters for a range of industries, including petroleum refining, petrochemicals, power generation, metallurgy, food and beverage, and chemical processing.
Based on a news article I read last week called Cleantech this company canm really grow fast. If this company can keep pace and grow as fast as the cleantech industry is projected to grow then HEAT is a steal at today's prices.
Here is article from Star Ledger newspaper in New Jersey:
Investors betting on alternative source, cleantech, as boost economy needs
By The Associated Press
October 07, 2009, 8:30AM
by JORDAN ROBERTSON
Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the internet — the kind of breakthrough that emerges every so often and builds industries, generates jobs and mints fortunes.
Silicon Valley investors are pointing to something called cleantech — alternative energy, more efficient power distribution and new ways to store electricity, all with minimal impact to the environment — as a candidate for the next boom.
And while no two booms are exactly alike, some hallmarks are already showing up.
Despite last fall’s financial meltdown, public and private investments are pouring in, fueling startups and reinvigorating established companies. The political and social climates are favorable. If it takes off, cleantech could seep into every part of the economy and our lives.
Some of the biggest booms first blossomed during recessions. The telephone and phonograph were developed during the depression of the 1870s. The integrated circuit, a milestone in electronics, was invented in the recessionary year of 1958. Personal computers went mainstream, spawning a huge industry, in the slumping early 1980s.
A year into the Great Recession, innovation isn’t slowing. This time, it’s better batteries, more efficient solar cells, smarter appliances and electric cars, not to mention all the infrastructure needed to support the new ways energy will be generated and the new ways we’ll be using it.
Yet for all the benefits that might be spawned by cleantech breakthroughs, no one knows how many jobs might be created — or how many old jobs might be cannibalized. It also remains to be seen whether Americans will clamor for any of its products.
Still, big bets are being placed. The Obama administration is pledging to invest $150 billion over the next decade on energy technology and says that could create 5 million jobs. This recession has wiped out 7.2 million.
And cleantech is on track to be the dominant force in venture capital investments over the next few years, supplanting biotechnology and software. Venture capitalists have poured $8.7 billion into energy-related startups in the United States since 2006.
That pales in comparison with the dot-com boom, when venture cash sometimes topped $10 billion in a single quarter. But the momentum surrounding clean energy is reminiscent of the internet’s early days. Among the similarities: Although big projects are still dominated by large companies, the scale of the challenges requires innovation by smaller firms that hope to be tomorrow’s giants.
“Ultimately IBM and AT&T didn’t build the internet. It was built by Silicon Valley startups,” says Bob Metcalfe, an internet pioneer who now invests in energy projects with Polaris Venture Partners. “And energy is going to be solved by entrepreneurial activity.”
The action is happening at companies like GreatPoint Energy in Cambridge, Mass., which has developed a technique for turning coal into natural gas more cheaply and efficiently than previous methods.
GreatPoint plans to break ground next year on a power plant in Houston that will cost $800 million and create thousands of construction jobs, says its chief executive, Andrew Perlman. Dow Chemical Co. and energy giants AES, Suncor Energy and Peabody Energy are all GreatPoint investors.
“The opportunities,” Perlman says, “are staggering.”
A123 Systems, a Watertown, Mass., maker of lithium-ion batteries for electric cars, had one of the most lucrative public stock offerings this year, raising $437.5 million. Its stock price jumped more than 50 percent on the first day of trading in September, with investors willing to overlook that the company has yet to make money.
The Obama administration’s promises about cleantech funding have galvanized the industry, reassuring entrepreneurs that they will have paying customers. The administration has said it will focus on putting more hybrid cars on the road, boosting the amount of electricity from renewable sources and investing in ways to cut pollution from coal.
One target is “smart grids.” As utilities install digital meters in homes and Americans buy appliances that can communicate with the electric system, individual power consumption can be monitored more closely. People could be cued to dial down appliances such as refrigerators and air conditioners when electricity is in highest demand. Such fine-tuning in millions of homes can reduce the need for new power plants.
At Tendril Networks of Boulder, Colo., which makes software that links utilities to smart-grid devices in homes, the staff has tripled over the past five months to 90. CEO Adrian Tuck says Tendril could grow even more if some of the $4.5 billion earmarked for smart grids in this year’s federal stimulus goes to Tendril’s clients.
“What we’re about to see is every bit as big as the telecom revolution that gave birth to the Internet and cell phones,” Tuck says. “It’s going to create as many jobs and as much wealth for this country, if they get it right. Big, Google-sized companies are going to be born in this era, and we hope to be one of them.” [more]
until all 3 are up 50% higher from current prices.
Hope you all got good prices to get in. TRIT is near day's lows. LOL. just as I expected it would be as people shorted thinking I was pumping. LOL.
China’s Dirty Water Leads to Protests, Some Reform
September 9, 2009 [more]
That is putting both these stocks on the radars of millions of investors sending both these stocks higher.
TRIT Tri-Tech Holding, Rapidly Growing Chinese Water Management Services Company, Completes Successful Nasdaq IPO. 1H '09 Revenue up 75% to $6.0M. 1H '09 Net Income $1.5M or $0.41 EPS vs. $807K or $0.23 EPS.
Net income nearly doubles in 1st half of the year YOY.
TRIT a Water infrastructure play in China, $11.7B allocated in 2009 for Water InfrastructureTRIT says in its SEC filing the spending in water resources, environmental protection and other infrastructure increased 54.5% year to year. The second tranche of central government funding (RMB 130 billion, or $19.1 billion, February 2009) was allocated to rural infrastructure projects such as improving drinking water safety and electric grids and repairing roads (RMB 31.5 billion or $4.6 billion) and to environmental projects (RMB 11 billion or $1.6 billion).
According to the budget plan announced by Ministry of Water Resources, China expects to invest $11.7 billion in 2009 in water resources sectors. China’s central government has allocated $3.8 billion in the first half of 2009. With the projects the central government has approved, this investment will increase to $45 billion in the aggregate over the next 3 years. The projects include mitigation of 6,240 unsafe small and middle-sized reservoirs due to lack of proper maintenance for several years. [more]
reported last qtr, more the same high growth profits for this qtr. Stock at $9.86/shr
Deer Consumer Products, Inc. Announces Record 2nd Quarter Earnings - Net Income Up 197% to EPS $0.16, Raises 2009 Earnings Guidance to EPS $0.93 [more]
If Brazil ever wants to be remembered as City to come to visit for vacation. They now have their chance with the 2016 Olympics. But they got their hands full to try and demolish large swaths of buildings near the beaches (tourist spots) to create a scenic tourist spot instead of a current scene of a Poor shanty town with high crime. [more]
UPDATE 1-Gold Fields to boost output at South Africa mine
Fri Oct 2, 2009 8:38am [more]
Everyone that knows anything about jobs data knows that Sept. always has a fall off from August because all the College & High School kids that were hired for Summer Jobs, leave their jobs in the first week of Sept. as they go back to school.
Anyone who tells you he is surprised with today's data is either lieing out of both sides of his mouth or is ignorant.
ATNI only paying $250 per Alltel Sub
while At&T paid $1,567 per Alltel Sub
Today ATNI can be had for -4.53 less than yesterday at $48.89
Now here is a deal the Street really likes.
Atlantic Tele-Network Soars on 'Transformational' Deal with Verizon
by: Eric Savitz June 10, 2009 | about: ATNI / VZ
Tuesday, Atlantic Tele-Network (ATNI) a company which operates a hodgepodge of telecom operations in the U.S. and the Caribbean, announced a deal to pay $200 million in cash to acquire more than 800,000 wireless subscribers from Verizon Wireless (VZ, VOD) in mostly rural areas of Georgia, North Carolina, South Carolina, Illinois, Ohio and Idaho. Verizon Wireless was required to divest those subs as part of the regulatory approval of Verizon’s acquisitions of Alltel.
ATNI is funding the deal with cash on hand and borrowings from an existing credit facility; the deal is subject to FCC and Justice Department approvals, but should close in the third or fourth quarter.
The deal dramatically remakes the company, which will now have more than 1 million wireless subscribers. ATNI’s previous businesses include phone companies in Guyana, Bermuda, the U.S. Virgin Islands and Turks and Caicos, as well as some smaller properties in the U.S.
Raymond James analyst Ric Prentiss asserts in a research note that the deal is “transformational” for ATNI, and stresses that it comes at an “extremely attractive price,” which he estimates to be about 2x 2010 pro forma EBIRDA. He notes that the company is paying less than $250 per sub, which compares with the $1,567 per sub AT&T paid for a previous Alltel-related divestiture to AT&T last month. He notes that the acquired properties generate 2x the consolidated revenue of current ATNI, at more than $450 million versus $207 million in 2008.
Prentiss says the transaction “will make the company one of the largest wireless carriers in the U.S.” He says there are risks to the transaction, given ATNI’s inexperience with retail operations in the U.S., but that “the bargain price ATNI is paying for these assets makes this an opportunity far outweighing the risks.”
Prentiss Wednesday upped his target on the stock to $47 from $34. His 2010 revenue forecast jumps to $805 million from $225 million; GAAP EPS jumps to $5.83, from $2.25. (Talk about an accretive deal!)
ATNI shares Wednesday have rocketed up $10.95, or 41.1%, to $37.60.
right now. Notice the biggest stocks crashing are junk stocks while High growth stocks with strong EPS are holding pretty firmly while ATNI is an exception and should rebound quickly because it is very illiquid and just a couple of sellers sent it down but a few buyers could send it up just as quickly.
High growth stocks list : [more]
Should trade North of $75 in 2010 that would be a 50% gain from current levels.
Rising growth stocks: LIWA, TRIT, OMN, EMS, EBIX,
Growth stocks falling big : ATNI (watch this its down to $50 from $55+ a couple of days ago)
INOD one to watch , a growth stock which has a Spectacular guidance for 2nd half 2009 and 2010.
Watching for this one to fall to pounce on shares.
U.S. Energy Day Ahead: Crude Falls; OPEC Trims Oil Production
By Rob Verdonck [more]