3SOF

 :)

Dubai's economy is growing at 16% per year. There is no other major city in the
world that is growing anywhere close to this.

Dubai is being called by CNBC, "The New Gold Rush".

While many major investment banks were hesitant to get involved at first,
billions of dollars are now being invested by Americans into Dubai.

CNBC tonight at 7PM will be bringing tremendous exposure to the Dubai investment
opportunity.

Investors all around the world will start searching tonight for a Dubai stock
play. WWAG is the only pure Dubai stock play I am aware of and it is one of the
fastest growing companies in Dubai.

WWAG is the dominant force in the equipment auction business in the United Arab
Emirates. WWAG has a 65% market share in Dubai and has auctioned $300 million
worth of equipment in Dubai since 2001.

There is guaranteed to be huge demand for
heavy equipment and machinery in Dubai. This demand will grow tremendously
during the upcoming years.

Check out www.wwauctions.com to see all of the equipment WWAG currently has for
sale in Dubai.

WWAG's next auction in Dubai will be this weekend: June 17, 18, and 19.

WWAG's last auction in Dubai back in April had record gross auction sales of
$18.78 million with 400 registered bidders from 32 countries! 1,350 items were
sold to 219 successful bidders!

great DD....hehehe
looks like a jewel..  ;D

what is the current OS or Float on this?

Watch CNBC tonight at 7PM!

They are going to be doing part two of a story on Dubai!

Dubai is the largest developing city in the world.

With enormous construction and development in various industries, Dubai has
attracted world attention through innovative real estate projects, sports
events, conferences and guinness records.

I have been searching for a stock play to take advantage of the growth in Dubai
and I finally discovered one.

The symbol is WWAG.

WWAG is one of the fastest growing companies in Dubai.

With all of the construction taking place in Dubai, companies need to purchase
heavy equipment and machinery.

WWAG is the largest auctioneer of heavy equipment and machinery in Dubai. WWAG
holds a 65% market share in Dubai.

Since 2001, WWAG has auctioned over $300 million dollars worth of vehicles and
equipment in Dubai.

The equipment auctioned in Dubai was comprised of more than 30,000 items from
2,000 consignors that were sold to over 4,500 bidders.

WWAG grew revenues from $6.2 million in 2003 to $11 million in 2004 and $16.3
million in 2005.

Net income grew from $594,000 in 2003 to $774,000 in 2004 and over $1.1 million
in 2005.

WWAG's diluted EPS during the most recent twelve months was $0.08.

Currently, WWAG is trading for only $1.08. This means WWAG's trailing P/E is
only 13.5.

WWAG's main competitor is RBA which is trading on the NYSE. RBA has a trailing
P/E of 33.66.

Considering that WWAG is in Dubai and growing much more rapidly than RBA, I
consider a P/E of 40 to be more appropriate.

A P/E of 40 would value WWAG at $3.20.

Therefore, I believe WWAG is extremely undervalued at the current price of
$1.08. WWAG clearly has huge upside potential.

WWAG could run very fast once the word gets out about it. There are only 5.28
million shares in the float.
After part two of this segment airs on CNBC tonight, the entire investment
community is going to be searching for Dubai stock plays.

I believe WWAG will become the biggest Dubai stock play in the entire market.

Start researching WWAG immediately and watch CNBC tonight at 7PM!!!

While the entire stock market may be crashing right now, we can still make a lot
of money as long as we are very selective with our big picks!

I have been researching WWAG for weeks now and I am extremely confident about
it.

-----

My firm Lebed Biz, LLC, has been compensated by WWAG $20,000 cash for a
one-month WWAG investor relations contract. Never invest into a stock we discuss
unless you can afford to lose your entire investment. For our full disclaimer go
to: http://www.lebed.biz/disclaimer.htm

Jonathan Lebed
Lebed.biz
Staff

the most volume ever for this stock....eod maybe gettin more volume

http://www.borsaitaliana.reuters.it/news/newsArticle.aspx?type=fundsNewsUK&storyID=2006-06-12T070842Z_01_NOA225682_RTRUKOC_0_FUNDS-GULF-STOCKS.xml&archived=False

Interesting article, but not a great move for this stock today especially with the market doing a little better today.

getting close to the auction in dubai.
will be interesting what this stock does.

WWA Group to Acquire Shipping Business
Tuesday June 27, 8:05 am ET 
Enters First Phase of Diversified, Expanded Operations Plan


DUBAI, United Arab Emirates--(BUSINESS WIRE)--June 27, 2006--WWA Group, Inc. (OTCBB: WWAG - News), one of the world's largest auctioneers of transportation and industrial equipment, today announced that its subsidiary World Wide Auctioneers, Ltd. (WWA), has agreed to acquire a company that owns a 3,500 dead-weight-ton shipping vessel specializing in moving heavy equipment to and from the Gulf region and India.
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WWA has been involved with the vessel owner, under a loan and operation agreement, since June of 2004. WWA chose to convert its loan on the vessel to ownership, and the acquisition is expected to close on June 30, 2006. Details of the transaction will be reported on Form 8K upon closing.

The vessel is a 100 meter long roll on / roll off ship with heavy lift cranes and a shallow draft, making it an ideal vessel for shipping the heavy construction equipment in the Gulf that WWA specializes in trading. The vessel is chartered for the next 42 months to a freight company that handles shipping for WWA and WWA customers. The previous loan agreement and the current acquisition are based on gross revenue from the vessel charter of approximately $1,800,000 per annum, and net profit of approximately $900,000 per annum.

WWA Group CEO Eric Montandon, stated, "This strategic acquisition provides an important first step in WWA Group's plan to diversify its business into non-auction activities in the Gulf region that align with our core competencies in heavy equipment. The fixed long term revenues and profit potential from the vessel charter, and the additional shipping service we can offer to our trading customers, makes this an ideal acquisition for WWA."

About WWA Group

WWA Group, Inc., through its wholly owned subsidiary World Wide Auctioneers, Ltd. (WAA), is one of the world's largest auctioneers of transportation and industrial equipment. WWA Group's operations are focused on high-growth, underserved regions outside of North America that are transforming into luxury tourism and international economic centers. Since its inception in 2001, WWA has auctioned over $400 million worth of vehicles and equipment from its Dubai facilities. WWA also manages unreserved auctions in Qatar, the Netherlands; Indonesia; China; and Australia through its joint venture partners. More than $200 million has been auctioned at these associated franchise facilities since WWA's inception. WWA is further distinguished as the largest seller of second hand construction equipment in the Arab Gulf Cooperation Council (GCC) countries - Saudi Arabia, Kuwait, the U.A.E., Qatar, Bahrain and Oman. Auctions are conducted on location and through the WWA BIDLive online bidding system. WWA is now beginning the execution of its expanded operations plan to leverage its dominant equipment auction and trading base into a diversified business including activities in the Gulf region that are related to heavy equipment. For more information, visit http://www.wwagroup.com. For recent news and quotes, visit Yahoo! Finance at http://finance.yahoo.com/q?s=wwag.ob. To sign up to receive email alerts with the latest news on WWA Group, go to: http://otcfn.com/wwag/email_update.html.

A number of statements contained in this press release may be considered to be forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results WWA Group may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. WWA Group encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. WWA Group's public filings may be viewed at www.sec.gov.

WWA Group Adds New Board Member and General Manager of Dubai Auction Operation
Wednesday October 18, 9:41 am ET


DUBAI, United Arab Emirates--(BUSINESS WIRE)--WWA Group, Inc. (OTCBB:WWAG - News), announced today that it has appointed Chris Bettinson as a director of WWA Group, Inc., and as the general manager of WWA Group's subsidiary, World Wide Auctioneers, Ltd., Dubai.
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Mr. Bettinson, 47 years of age, is a trained mechanical engineer with a long history of experience with major mining companies in the UK, which includes managing the largest fleet of Cat and O&K equipment in the UK during the early 1990's. He also served O&K as its regional product support manager for the Middle East Region in the late 1980's.

From 1994 through 2005 he served as business manager and business director for Case International, managing the UK, CI.S. territories, and the Africa / Middle East territories.

"Chris fills a very important role for WWA Group and WWA Dubai, and we are very pleased to have him on board," said Eric Montandon, chief executive officer of WWA Group. He knows equipment and people, and has the overseas equipment management experience that makes him suitable for the GM position in Dubai."

"I am comfortable in this new role and look forward to helping WWA Group grow," commented new GM and director Chris Bettinson. "I understand the equipment trading business in this region, and enjoy dealing with the people. I feel I can have a very positive impact on WWA Group's business here."

WWA Group Joins Joint Venture That Lands U.S. Military Equipment Disposal Contract
Wednesday October 4, 9:57 am ET


DUBAI, United Arab Emirates--(BUSINESS WIRE)--WWA Group, Inc. (OTCBB:WWAG - News), announced today that it has joined forces with East Rim Trading, Ltd., a British Virgin Island registered company and Big Iron Trading, Ltd., a Philippine based equipment trading company, to win a tender for the disposal of thousands of tons of scrap metal, vehicles and equipment for the U.S. military on the British territory of Diego Garcia.
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The joint venture won the tender for the disposal contract, and is now in the process of sorting and removing hundreds of machines, vehicles, and containers of scrap metal from the island military base. WWA Group has sent its recently purchased RO-RO vessel to Diego Garcia to facilitate the transportation of equipment and scrap metal to Dubai for sale or auction.

The joint venture is working to secure a long term contract with the U.S. military to continue removing material from Diego Garcia and other bases.

"The project could be very profitable for the joint venture, and it fits in very well with our recent ship purchase," said Eric Montandon, chief executive officer of WWA Group. "We expect to have a substantial number of vehicles and equipment items to sell at auction, and look forward to a long term relationship with the U.S. military."

Hi Superman I am wondering if these guys are auctioning Kryptonite   :D

This pick has a lot of the features I like when I look at penny stocks. Great track record, low PE, and a healthy balance sheet. As often with these small stocks the only thing they seem to lack is interest from the investment community. For a hard core fundamental investor that is good news  ;)

I will have a closer look and come back to you!

Michael,

Thanks for the feedback.
I agree with you, if this stock could only get enough notice or interest, it runs real fast.
Where do you think this stock will be in about a year?

Hmmmm... Good question.

They have a PE of 6.7, no debt to talk about, 5.4 million in cash and generated 4 million in free cash flow the last 12 month. With a market cap of 11 million I don't think you can buy this stock for 0.65 a year from now.

Disclaimer: I have bought WWAG today.

WWA GROUP

WWA Group, Inc., together with its subsidiaries is one of the world's largest auctioneers of transportation and industrial equipment. The company's auctioned items include mobile and stationary earthmoving and construction equipment, such as crawler tractors, excavators, wheel loaders, cranes, trucks and trailers, generators, compressors, agricultural tractors, and forklifts. It also sells light vehicles and other related items, such as boats and motorcycles.

WWA Group's business strategy is to continue to grow the number and size of auctions held during the year, to increase the cash flow generated from such auctions, and to expand operations to new auction sites. WWA Group intends to focus on formalizing new joint venture relationships, management arrangements, new wholly owned facilities, and expanded auctions as a means by which to increase net cash flow.

The company controlled over 65% of all industrial equipment auction sales concluded in Dubai in 2005. Dubai is a regional hub for sales of "previously own" equipment for the Middle East and Africa. WWA Group also manages auctions in Amsterdam, The Netherlands; Perth and Brisbane, Australia, Indonesia and Qatar through operating joint ventures with local registered auction companies.

There are not many pennies where you look at the Income statement and the Balance sheet and go away with a good feeling. Since WWAG was mentioned here the first time I have spend some time looking into the financials and I like what I see:

(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=27076;image)

Revenue, profit and shareholders equity have steadily increased over the years and the dilution have been very modest:

(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=27077;image)

While the company has continued to perform the stock price has been sluggish at least and the stock is in fact trading below its trading range in 2004.

(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=27081;image)

The result is that the valuation of the company has become very attractive:

(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=27078;image)

As can be seen from the forecast for 2006 and 2007 I expect the company to continue to deliver good results in the coming years.  The economy in the Middle East is strong due to the new found oil wealth and the construction industry is booming. This will ensure a continued strong demand for Heavy equipment. There are several other reasons why the future earnings seems poised to increase in the future:

• The company was part of a consortium that won an order from the US military for disposal of scrap metal, vehicles and equipment on the British territory of Diego Garcia. This island has been used as a base during the Gulf War. Revenue and profit from this venture should start to be reported by the end of this year and start of next year.
• The company acquired a RoRo container ship in July. The company will report revenue and profit from this investment starting from this quarter
• On line Auctions have shown a very promising trend, which will help increasing gross margin
• They should start to earn fees from auctions held in Qatar, Indonesia, The Netherlands and Australia.

As said earlier this stock seems to suffer from a sever case of lack of interest. It can take some time to cure this disease but sooner or later the valuation becomes ridiculous and the market corrects its mistake. I consider WWAG to be a speculative buy but the return could be very attractive for the patient investor.

WWAG looks hot Mike, technicals are good ;)

Where's the Volume...... ???
Without that how hot can it be.... :(
If you bought this thing, How could you sell it.... ::)
Just a thought guys.. ;)


52wk Range: 0.31 - 1.35
Volume: 12,000
Avg Vol (3m): 7,800

I know the volume is the problem there, if the volume comes in next week i'm probably a buyer :D

-- Still WWAG is hot, technicals are hot
-- MACD bullish cross (going above zero)

I agree Terliso.  WWAG...look ready to pop very soon. ;D

Hi Terliso, Seatravis and kslifka,

When I see you guys in a thread i know that the stock has potential  ;)

You are obvious right that WWAG needs volume/interest even though volume has picked up lately. Based on the valuation of the stock the down side risk is however very limited in my opinion.

That is why this stock is for the patient investor. I find it hard to believe that the stock will trade at this level 1 year from now and if you are willing to wait I am sure that there will be times when you can exit as I could have done Friday with a healthy profit  ::)

I and it seems other holders of this stock decided to stay in even though the stock was up more than 15% and that is a good omen  :)

Well let's see what happens come Monday.
For I am a very patient investor.... ;D
Applaud the work Michael ,Terliso ,kslifka and superman7 for the pick.... ;)

Pump up the Volume.... 8)

i opened a thread already in june  >:( >:(

http://www.3stocksonfire.org/trading/index.php?topic=5999.0

Quote from: ket1390 on October 23, 2006, 04:12:02 AM
i opened a thread already in june  >:( >:(

http://www.3stocksonfire.org/trading/index.php?topic=5999.0

Sorry about that Ket. That was an oversight from my side especially as your thread had some valuable information (Applauds).

I have joined the two threads into this one.

Quote from: ket1390 on October 23, 2006, 04:12:02 AM
i opened a thread already in june  >:( >:(

http://www.3stocksonfire.org/trading/index.php?topic=5999.0

Now That's What I'm Talking About ! ::)
When members choose to start new threads without using the search.
Prime example here, ket1390 had thread that already existed.
Applaud to you ket1390....... ;)

That needs to be done with all these threads with numerous ones created. "Merge"  ;)
Merge them with the very first thread that was created !  ;)
It would make the Boards so much more efficient...."Simplicity"  ;D

Quote from: setravis on October 23, 2006, 04:00:55 AM
Well let's see what happens come Monday.
For I am a very patient investor.... ;D
Applaud the work Michael ,Terliso ,kslifka and superman7 for the pick.... ;)

Pump up the Volume.... 8)

Well we don't have the volume but we for sure are heading in the right direction   ;D

Volume requires sellers and they just don't seem to be around.

Nice looking numbers for this company,good find.Kicking myself I didn't buy the morning pullback ;)

Quote from: Michael on October 24, 2006, 02:58:59 PM
Well we don't have the volume but we for sure are heading in the right direction   ;D

Volume requires sellers and they just don't seem to be around.

Michael, another Applaud for the work on the Fundamentals......... ;)
Well I wet my toes (or should I say dove in  ;D) this one this morning.
Was able to get in @0.80

52wk Range: 0.31 - 1.35
Volume: 54,765
Avg Vol (3m): 8,647.69

Support @ 0.91...0.84...0.78
Resistance @ $1.25

MACD is Bullish
Stochastic is Bullish

Recent CandleStick Analysis
Oct-18-2006 Bullish Engulfing 
Oct-17-2006 Hammer 

chart looks great

looks like it's going to run like last time.
tomorrow will be an interesting day.





P.S. ket, sorry didnt mean to take credit away from you. Great finding!

Quote from: Terliso on October 22, 2006, 04:50:41 PM
-- Still WWAG is hot, technicals are hot
-- MACD bullish cross (going above zero)

The Magic sweet!! :D
Buckle up....Volume is heading north for this little stock :D ;D ;)

Is it to late to enter.  If not, at what price would you consider.

Quote from: bmarc4211 on October 25, 2006, 12:56:35 AM
Is it to late to enter.  If not, at what price would you consider.

Hi Bmarc

WWAG has turned out to be quite a momentum stock and I am not the leading authority on momentum stocks. I rely on some of the great traders here like Setravis, Terliso and Ramsburg (yes Rams like this pick  ;)).

From a fundamental point of view the PE is now 10.7 after the run the last couple of days. That still seems cheap. The company has nearly doubled the net profit since 2004 and I think they are likely to do that again next year.

But this is a momentum play right now so your entry price have to be determined on the risk you are willing to take. The stock could easily continue the incredible run we have seen the last couple of days but there could also be a pull back which would offer a nice entry point.

Hmmm... from the chart and the activity in this thread it seems like the momentum is out of WWAG. I sold half today. (bought at 0.65) and will be waiting for a good entry point to buy the shares back. Long term WWAG is a great company. But without the momentum it could fall back to the support. So I have decided to reduce my exposure.

Ready.....Set.....Go..... ;D
A Golden Cross....

52wk Range: 0.31 - 1.35
Volume: 94,833
Avg Vol (3m): 11,098.5

Quote from: Michael on October 26, 2006, 01:23:35 PM
Hmmm... from the chart and the activity in this thread it seems like the momentum is out of WWAG. I sold half today. (bought at 0.65) and will be waiting for a good entry point to buy the shares back. Long term WWAG is a great company. But without the momentum it could fall back to the support. So I have decided to reduce my exposure.

The momentum is definitely there Mike.... weekly chart is bullish ;) :D

---Volume is increasing almost 100,000

3680 shares traded yet, bids up to .77
LOL

time for reentering?

cheers
O.

been hot lately...