Pick:
IFO - Infosonics Corp
This is more of a earnings play, which is scheduled for 3/8.
With that in mind, I checked out the fundamentals of this stock.
Net Sales growth
2004:Q1-18.7mil, Q2-17.7mil, Q3-17.4mil, Q4-18.9mil
2005:Q1-24.0mil, Q2-32.5mil, Q3-54.2mil, Q4-reporting 3/8
EPS growth
2004:Q1-0.06, Q2-0.09, Q3-0.06, Q4-0.02
2005:Q1-0.05, Q2-0.07, Q3-0.13, Q4-reporting 3/8
"Estimates income from continuing operations before provision for income tax for the quarter ended December 31, 2005, to be at least $0.9 million, compared with $0.2 million for the quarter ended December 31, 2004." "Revenue for the quarter ended December 31, 2005, is estimated to be at least $34.0 million, an increase of 74% as compared with $19.6 million for the quarter ended December 31, 2004."
The stock is currently trading at 4.42-Price/Book, that's a bargain for this kind of growth potential.
On Jan 30th, the company had a private placement for 13.5mil, priced the company at 13.1 and issued warrants for 18.38. Perhaps, if I was an investor at the time of the announcement, I would be like what the hell... Since I wasn't, I been monitoring the stock and it has corrected itself to price in the premium paid for the debt issue. This is actually good for new investors coming in, using the private placement as a benchmark, don't forget institutional/private investors has valued this stock around 13.10 and believe it has potential to hit 18.38. In many cases when mini caps looks for capital, investors expect and demand risk premium, its expected.
Currently looking at the stock, the stock has been up for 5 straight days. It's just screaming for a break-out, it had attempted to go lower but it failed twice. I believe its called a double bottom, but not sure with the terminology. If earnings is a blowout, who know where this stock will hit, 20? +60%, the competition? FYI, I added 900 shares to my portfolio.
IFO - Infosonics Corp
This is more of a earnings play, which is scheduled for 3/8.
With that in mind, I checked out the fundamentals of this stock.
Net Sales growth
2004:Q1-18.7mil, Q2-17.7mil, Q3-17.4mil, Q4-18.9mil
2005:Q1-24.0mil, Q2-32.5mil, Q3-54.2mil, Q4-reporting 3/8
EPS growth
2004:Q1-0.06, Q2-0.09, Q3-0.06, Q4-0.02
2005:Q1-0.05, Q2-0.07, Q3-0.13, Q4-reporting 3/8
"Estimates income from continuing operations before provision for income tax for the quarter ended December 31, 2005, to be at least $0.9 million, compared with $0.2 million for the quarter ended December 31, 2004." "Revenue for the quarter ended December 31, 2005, is estimated to be at least $34.0 million, an increase of 74% as compared with $19.6 million for the quarter ended December 31, 2004."
The stock is currently trading at 4.42-Price/Book, that's a bargain for this kind of growth potential.
On Jan 30th, the company had a private placement for 13.5mil, priced the company at 13.1 and issued warrants for 18.38. Perhaps, if I was an investor at the time of the announcement, I would be like what the hell... Since I wasn't, I been monitoring the stock and it has corrected itself to price in the premium paid for the debt issue. This is actually good for new investors coming in, using the private placement as a benchmark, don't forget institutional/private investors has valued this stock around 13.10 and believe it has potential to hit 18.38. In many cases when mini caps looks for capital, investors expect and demand risk premium, its expected.
Currently looking at the stock, the stock has been up for 5 straight days. It's just screaming for a break-out, it had attempted to go lower but it failed twice. I believe its called a double bottom, but not sure with the terminology. If earnings is a blowout, who know where this stock will hit, 20? +60%, the competition? FYI, I added 900 shares to my portfolio.
Thanks!!
