Archive for July, 2007

NGA – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 07.09.2007 (12:00 am)

NGA – North American Galvanizing & Coatings (American Stock Exchange) (Closing Price – $8.36)

North American Galvanizing & Coatings (NGA) is a company with solid fundamentals and increasing earnings. However, the share price has had quite a run in the last few months and share price can be volatile so NGA is a speculative stock pick.

North American Galvanizing provides hot dip galvanizing for corrosion protection of fabricated steel products in the United States. The company has benefited from strong demand for hot dip galvanizing and increases in zinc prices the last few years. (more…)

DTLK – Update

By: ispeculatornew | Date posted: 07.07.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 7/6/07 – $5.45)

On July 2 Datalink lowered its second quarter guidance due to a “slow down in IT and storage spending” with some of its large customers.

Datalink lowered its revenue forecast to a range of 40 to 41 million from the previous range of 49 to 50 million and also lowered its earnings forecast to a loss of 3 to 5 cents a share from previous guidance of breakeven to a profit of 5 cents. (more…)

CAAS – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 07.07.2007 (12:00 am)

CAAS – China Automotive Systems (Nasdaq) (Closing Price – $7.39) 

China Automotive Systems (CAAS) is a company that has decent fundamentals and a potentially huge market. Its share price has also had some interesting movement the last few years.

China Automotive Systems engages in the manufacture and sale of automotive systems and components in China. Needless to say the potential of the Chinese automotive market is considerable. Furthermore, it was recently announced that one of CAAS’s customers, Chery Automobile Co, and Chrysler were moving ahead with a plan under which Chery will build cars for export under the Chrysler name. This will benefit CAAS’s results in the future. (more…)

STRM – Q1 2007 Earnings

By: ispeculatornew | Date posted: 07.01.2007 (12:00 am)

STRM – Streamline Health Solutions (Nasdaq) (Closing Price on Friday 6/29/07 – $4.19)

Streamline Health released first quarter earnings on May 21 and once again they reported disappointing results.

Streamline Health reported revenue of 3.78 million and a loss of 0.05 per diluted share. They blamed the disappointing results on “protracted negotiations on two large system sales.” However, they said they were confident the sales “will successfully conclude in our second quarter, allowing the company to meet its first half expectations.” (more…)