Posts Tagged ‘stock speculation’

Madcatz – Q2 2008 Earnings Report

By: ispeculatornew | Date posted: 11.23.2007 (2:24 pm)

MCZ – Mad Catz Interactive (American Stock Exchange) – (Closing Price – 1.08)

Mad Catz Interactive reported moderate results for their fiscal 2008 second quarter and they announced the acquisition of Saitek, a PC games peripheral provider.

In the second quarter Mad Catz Interactive posted earnings of 0.02 per diluted share on revenues of 16.9 million. Revenues were down 35% from the second quarter of last year due to the “culling process to reduce low-margin product placement, the continuing impact of the console transition and strong software sales in the year-ago quarter attributable to Real World Golf 2”. Net income of 0.9 million and earnings per share of 0.02 were “both record levels for Mad Catz’ fiscal second quarter.” (more…)

CAAS – Still a Buy

By: ispeculatornew | Date posted: 11.21.2007 (3:42 pm)

CAAS – China Automotive Systmes (Nasdaq) – (Closing Price – $6.40)

China Automotive Systems has posted a couple of strong quarters since my initial buy recommendation but the stock price has been inconsistent.

In Q2 of 2007 China Automotive Systems reported revenue of 36.31 million and earnings per diluted share of 0.10. CAAS’s revenue and earnings in Q2 were considerable improvements both sequentially and year over year.

In Q3 of 2007 China Automotive Systems reported revenue of 31.20 million and earnings per diluted share of 0.11. Revenues were up year over year but down sequentially due to seasonality of the Chinese passenger vehicle market. Earnings per share however improved both sequentially and year over year. (more…)

HSOA – Sell Recommendation

By: ispeculatornew | Date posted: 08.15.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $4.70)

Home Solutions of America released their second quarter results last week and posted moderate results. However, HSOA’s management did not provide additional details about their disputed New York and Florida contracts. They also did not provide guidance and they said they were going to delay providing a balance sheet until they talked to their lenders about the resolution of a note related to the acquisition of Fireline Restoration. In light of the many issues surrounding Home Solutions and the lack of information given by the company I am going to recommend to sell HSOA. (more…)

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…)

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…)

HSOA – Update (Stock Lemon)

By: ispeculatornew | Date posted: 06.11.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $6.00)

The stock price of Home Solutions of America has taken quite a hit in the last week so I will provide an update of what caused this and where I think the share price is headed from here.

The initial cause of the selloff was an article written by stocklemon.com which calls itself “Cintron Research”. Before I go into the details of the article they wrote let me give you some more information on stocklemon.

The people behind stocklemon establish short positions in stocks, usually companies that trade on the pink sheets, and then they write negative articles about the companies to drive the stock price down. They basically try to scare people into selling shares of the companies they write about so they can make money. The articles they write have to be taken with a grain of salt, or just disregarded, considering the obvious bias they have. (more…)

MAMA – Update

By: ispeculatornew | Date posted: 05.27.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price on Friday 5/25/07 – $4.15)

I mentioned in my last update that if Mamma.com found support I would recommend to cover. Mamma.com has found support around four dollars but I think barring some positive news the stock price will fall through this support level and start to decline more dramatically. Therefore, I wouldn’t recommend to cover yet.

I will provide an update based on what the stock price does in the next few weeks.

Disclosure: I am not shorting shares of MAMA.

HSOA – Update

By: ispeculatornew | Date posted: 05.27.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $6.97)

The stock price of Home Solutions of America has made quite a jump since they released first quarter earnings and I think the run is far from over.

In the past month Home Solutions of America has issued two press releases announcing contracts that were not included in the company’s previously announced backlog. One press release announced contracts worth 19 million, 11 million of which were not included in the backlog and are expected to be completed this year. The other contracts are valued at over 100 million and approximately 12 million of the work is expected to be completed this year. (more…)

MAMA – Q1 2007 Earnings

By: ispeculatornew | Date posted: 05.14.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price – $4.50)

Mamma.com reported first quarter results on May 10 and the numbers they released were very unimpressive.

Mamma.com reported a loss of 0.10 per diluted share on revenue of 2.64 million. Search revenues increased but graphic advertising and “other” revenues were down sharply. Last quarter they had “other” revenues of 1.19 million (comprised of search advertising – 0.26 mil, software licensing – 0.7 mil, and customized development & maintenance – 0.23 mil). This quarter they said “other revenues such as software licensing and customized development and maintenance support” totaled 0.127 million. I am not sure if search advertising is part of the “other” revenues since they said “such as” and didn’t provide a breakdown of “other” revenues. However, even without search advertising taken into account this is a huge decrease in “other revenues” from the previous quarter. (more…)

HSOA – Q1 2007 Earnings

By: ispeculatornew | Date posted: 05.12.2007 (12:00 am)

HSOA – Home Solutions of America (Nasdaq) (Closing Price – $5.54)

On May 11, Home Solutions of America announced very good first quarter results. They also gave guidance for higher revenues and earnings in the second quarter.

Home Solutions reported revenue of 39.9 million and earnings per diluted share of 0.12 in the first quarter of 07. Both of these numbers were improvements sequentially and year over year. For the second quarter they gave guidance for revenues between 44-48 million and earnings between 0.14-0.17 per diluted share.

The CEO of Home Solutions said the “results reflect our ability to successfully address several of the operational issued that adversely impacted our 2006 fourth quarter results and to integrate the Fireline and Associated Contractors acquisitions.” With the operational issues taken care of and the seasonally slower first quarter complete, Home Solutions should start to post better results. This is evidenced by the guidance for higher revenues and earnings in the second quarter. (more…)