Posts Tagged ‘free stock picks’

Madcatz (MCZ) Q1 09 Results

By: ispeculatornew | Date posted: 08.28.2008 (6:00 pm)

MCZ – Madcatz Interactive (AMEX) – (Closing Price $0.76)

Madcatz reported its fiscal 2009 first quarter results on August 19 and reported decent numbers.

The company came in with revenue of 23.23 million and diluted earnings per share of -0.01. Revenue improved 6.2% sequentially and 59% year over year. However, without the revenue from the Saitek acquisition (7.5 million during the quarter) revenue would have been up only 7.9% over last year. EPS improved a penny from the prior quarter but was down a penny from last year. Gross profit, which has been a focus for Madcatz, improved both sequentially and year over year. It is interesting to note that Madcatz showed sequential improvement in revenue and EPS even though Q1 is its slowest quarter. (more…)

China Automotive Systems Q2 08 Results

By: ispeculatornew | Date posted: 08.17.2008 (2:04 pm)

CAAS – China Automotive Systems (NASDAQ) – (Closing Price on Friday 8/15/08 – $6.03)

China Automotive Systems announced second quarter results on August 12 and reported sound results.

The company came in with revenue of 46.51 million and diluted EPS of 0.18. Revenue improved 28% year over year and 12% sequentially. Diluted EPS improved 80% year over year and was flat sequentially.

China Automotive Systems had given preliminary results in June for revenue over 52 million and EPS between 0.18 and 0.22. While the company met the low end of their EPS guidance they came in well below their revenue guidance. An analyst asked about this shortfall in the conference call. The company responded that when they gave guidance they were only two months into the quarter and there was a slowdown in the final month. They also stated that a related party transaction between the company’s subsidiaries had an impact on results. (more…)

AgFeed Releases Q2 Results

By: ispeculatornew | Date posted: 08.11.2008 (2:27 pm)

FEED – AgFeed Industries (NASDAQ) – (Closing Price – $12.77)

AgFeed Industries reported second quarter results today and reported excellent numbers. The company also raised its already impressive full year guidance.

AgFeed reported revenue of 35.6 million and diluted EPS (earnings per share) of 0.12. Revenue improved by over 400% YOY (year over year) and 193% sequentially. Diluted EPS doubled YOY and quadrupled from the previous quarter. AgFeed raised its full year revenue guidance from 135 million to a range of 145 – 155 million and raised its adjusted net EPS guidance from $0.96 – $1.10 to $1.08 – $1.20. The company mentioned the second half of the year traditionally represents its two strongest quarters.

AgFeed opened the day up over 19% from the previous close but finished the day with a gain of only 2%. I attribute this decline to day traders who were looking to sell after earnings regardless of results. I think the stock price will start to trend up after the short term traders exit their positions.

AgFeed just reported very impressive results and the company is coming into its strongest two quarters so I see no reason to sell. I would continue to hold your shares.

Disclaimer: I have no position in FEED.

8×8 Q1 09 Results

By: ispeculatornew | Date posted: 08.10.2008 (3:45 pm)

EGHT – 8×8 Inc. (NASDAQ) – (Closing Price on Friday 8/8/08 – $1.09)  

8×8 reported first quarter results for 2009 on July 31 and reported moderate results.

8×8 came in with revenue of 16.28 million and diluted EPS (earnings per share) of 0.02. Revenue was up 10% year over year but was essentially flat from the prior quarter. In the conference call it was mentioned that licensing revenue was impacted by licensing deals that were pushed into Q2. Diluted EPS increased by a penny both year over year and sequentially.

8×8 announced it added 1053 new business customers and that business service revenue grew to 56% of total revenue compared to just 44% last year. Business revenue continues to grow which is offsetting the decline in residential and video revenue. (more…)

SILC Q2 08 Results

By: ispeculatornew | Date posted: 08.06.2008 (9:53 pm)

SILC – Silicom Limited (NASDAQ) – (Closing Price – $5.82)

Silicom Limited reported Q2 results on July 28 and reported very disappointing results.

The company reported revenue of 5.17 million and diluted EPS of 0.05. Revenue was down 22% year over year and down 33% from the prior quarter. EPS was also down substantially from 0.25 last year and 0.26 in the prior quarter.

The weak quarter was blamed on the decline in the shekel/dollar exchange rate, the difficult market environment, and a significant reduction in orders from Silicom’s largest customer.

The CEO did voice some optimism by stating that one customer intends to make Silicom’s BYPASS cards a standard rather than an optional feature and that discussions have nearly concluded with several new accounts.

The stock price took a big dive after earnings were announced but has currently found support. Silicom’s stock price is trading below book value so I don’t see much, if any, downside left.

I think a lot of the weakness with tech stocks in general is cautious spending by companies due to the uncertain economic climate. I think economic conditions will start to improve in the coming quarters so I think it would be unwise to sell Silicom at the current price. I am going to recommend to continue to hold.

Disclaimer: I currently own shares in SILC.

SWIR Q2 08 Results

By: ispeculatornew | Date posted: 07.29.2008 (9:32 pm)

SWIR- Sierra Wireless (NASDAQ) – (Closing Price – $12.48)

Sierra Wireless reported second quarter results on July 23 and reported another good quarter. However, the company issued guidance below expectations and the stock price took quite a hit.

Sierra Wireless reported revenue of 156 million and diluted EPS of 0.35. Revenue and EPS both improved substantially year over year. For Q3 Sierra Wireless gave guidance for revenue of 140 million and diluted EPS of 0.27. This was below analysts’ expectations of revenue of 157.2 million and EPS of 0.37. Consequently, the stock price sold-off.

However, I think the sell-off was overdone and investors are currently pricing in a lot of weakness into the stock price. Sierra Wireless is almost trading at a single digit forward PE which is fairly absurd for a growing company. (more…)

Free Stock Picks – July Report

By: ispeculatornew | Date posted: 07.05.2008 (2:29 pm)

AIXG – Aixtron (NASDAQ) 

Aixtron has sold off considerably since my last update and I have not found any definitive reason for the sharp decline. However, I do have a theory about what might have happened.

Aixtron had been mentioned as a possible acquisition target of Applied Materials (AMAT). However, on June 6 Applied Materials announced it made a nonbinding proposal to acquire parts of ASM International (ASMI). The stock price of Aixtron dropped considerably in the days following the announcement. I believe some institution or hedge fund had taken a position in Aixtron solely because of its buyout potential and when the AMAT announcement came out they decided to bail. Since Aixtron has a low float this institutional selling caused a significant decline in the share price.

I think Aixtron is a good company to own regardless of a buyout and I think the institution or hedge fund that decided to dump Aixtron made a foolish decision. I still like the company and I am going to recommend buying some more and averaging down (I will use Friday’s closing price for calculation purposes). (more…)

LJ International: Speculative Buy Recommendation

By: ispeculatornew | Date posted: 06.15.2008 (9:54 pm)

JADE – LJ International (NASDAQ) – (Closing Price of Friday: 6/15/08 – $3.50)

LJ International is a company I have followed for a few years and I have written about the company a couple of times on my website. I recommended the company as a short recommendation for a 17% gain last year and I also recommended staying away from the company a few months after I gave my cover recommendation.

In retrospect, my last post to avoid the company because of credibility issues was actually a bad call because I knew speculators were going to bid up the stock price in anticipation of the company releasing earnings. After I wrote my last post on LJ International the stock price more than doubled in just a few weeks. However, the company never reported earnings and the stock price has been meandering ever since. (more…)

Free Stock Picks – June Report

By: ispeculatornew | Date posted: 06.02.2008 (8:02 pm)

AIXG – Aixtron (NASDAQ)
Aixtron reported Q1 results on May 8 and reported flat results. However, the company reaffirmed guidance which means the company should report considerable improvement in future quarters. I would continue to hold your shares.

CAAS – China Automotive Systems (NASDAQ)
The stock price of China Automotive Systems had a big jump after the company released impressive Q1 results but has sold off since. I think the stock price of CAAS has the potential to go much higher so I would be patient and continue to hold.

DTLK – Datalink (NASDAQ)
There has not been any major news released about Datalink. A positive article was written about the company though. I still rate the company a hold. (more…)

New Stock Recommendation: FEED

By: ispeculatornew | Date posted: 05.31.2008 (6:57 pm)

FEED – AgFeed Industries (NASDAQ) – (Closing Price on Friday 5/30/08 – $15.37)

AgFeed Industries is a company that has experienced strong growth over the past year and the company is forecasting even stronger growth in the coming year. The company has given tremendous guidance for 2008 and if the company can meet its numbers the stock price should continue its rapid ascent.

AgFeed operates two integrated business lines in China: premix animal feed and hog production. The company is currently the largest premix feed company in China in terms of revenues and the company distributes its feed through over 700 independently owned chain stores. AgFeed expects to have a total of 1,000 independently owned chain stores by the end of 2008. The company also distributes feed directly to over 600 large commercial hog farms across China.

In addition to its feed business AgFeed has been rapidly expanding its hog production business. The company has acquired quite a few hog farms in the past year and the company raised money through a couple of stock sales in April to acquire even more. AgFeed currently owns controlling interest in 24 commercial hog farms throughout China with annual hog production capacity of 550,000 hogs. (more…)