3SOF

great weekly chart

(news)

http://www.marketmasters.org/modules/newbb/viewtopic.php?topic_id=400

Quote from: miris on August 31, 2007, 01:07:19 PM
great weekly chart

(news)

http://www.marketmasters.org/modules/newbb/viewtopic.php?topic_id=400

Absolutely great chart.  Good growth too.  I'm embarrassed to admit that I actually bought this in late April after they announced a positive earnings announcement.  It seemed the market was uninterested back then...so I sold.  Sometimes the market can be so inefficient...especially on these low market cap...under the radar stocks.  That volume speaks...this one could keep running.

Got in today @ $2.23.  50% retracement.  I don't know that it was a great idea.  I think it will down lower tomorrow.

Quote from: Livana on September 05, 2007, 03:48:56 PM
Got in today @ $2.23.  50% retracement.  I don't know that it was a great idea.  I think it will down lower tomorrow.

I think you got in at a great price, Livana.  The 9ema should act as support tomorrow, and I wouldn't doubt if we get a tweezer bottom to propell SSTR higher.

Quote from: kslifka on September 05, 2007, 05:20:57 PM
I think you got in at a great price, Livana.  The 9ema should act as support tomorrow, and I wouldn't doubt if we get a tweezer bottom to propell SSTR higher.

You cheered me up!!  I thought I did a big booboo by getting in after such a huge and quick run up.

My target and pullback calculation tells me that an extension at 127.2% will bring it to $3.31.  I already set up my sell order at $3.29.  We'll see...

I'm in SSTR with you.  If we can get some volume...SSTR should move higher.  I don't understand with expected revenues this quarter of $11.5 million, how the market cap can be only $24 million.

Were also headed into the seasonally strong Christmas season so revenues next quarter should be much higher.

..."For the quarter ended June 30, earnings before interest, taxes, depreciation and amortization are expected to be between $4 million and $4.4 million, or 40 cents and 44 cents per share, compared with a year-ago loss of 19 cents per share.

Previously, the company said it expected adjusted earnings between $2.5 million and $3.8 million.

Revenue is expected to be between $11.5 million to $11.9 million, compared with a previous range of $10.5 million and $12.5 million."......

SSTR...looking good now.  Volume has been higher than average over the past month.  I still believe this gaming stock is undervalued and should go much higher into the Holiday season.

Thinking this one should get above $3 this week...hopefully sooner than later

Quote from: kslifka on September 24, 2007, 03:08:57 PM
Thinking this one should get above $3 this week...hopefully sooner than later

Whoops...chart

Yes.  Finally held onto a stock after earnings where they suprised to the upside.


Silverstar Holdings Reports Record Fourth Quarter and Fiscal 2007 Results
Thursday September 27, 4:13 pm ET


      Q4 Revenues Total $12.0 Million, vs. $470,000 in Q4 FY2006;

          Q4 GAAP Net Income $2.6 Million or $0.25 per share;

         Q4 Operating EBITDA $4.6 Million or $0.45 per share.

BOCA RATON, Fla., Sept. 27, 2007 (PRIME NEWSWIRE) -- Silverstar Holdings, Ltd. (NasdaqCM:SSTR - News) , an international publisher and developer of interactive entertainment software, reported record financial results for its fourth quarter and fiscal year 2007 ended June 30, 2007.

Fourth Quarter Fiscal 2007 Financial Results

As compared to the previous quarter and same period a year ago:


* Revenues for the quarter totaled $12.0 million, an increase of 161%
   from $4.6 million in the previous quarter, and a 2500% increase
   from $470,000 a year ago. The increase over the previous and
   year-ago quarters is primarily due to the performance of Empire
   Interactive, PLC, which Silverstar acquired in December 2006.

* Net income totaled $2.6 million or $0.25 per share, compared to a
   loss of $2.8 million in the previous quarter or ($0.27) per share
   and a loss of $868,000 or ($0.10) per share a year-ago.

* Operating EBITDA (Earnings before Interest Taxes Depreciation and
   Amortization), a non-GAAP measure, totaled a record $4.6 Million or
   $0.45 per share, as compared to an operating EBITDA loss of
   $0.3 million or ($0.03) per share in the previous quarter and
   operating EBITDA loss of $0.6 million or ($0.06) per share a year
   ago. The company recorded depreciation and amortization charges of
   approximately $2.0 million in the fourth quarter, compared to
   $950,000 in the same period last year. A reconciliation of
   operating EBITDA to operating income is included at the end of this
   release.

Full Year Fiscal 2007 Financial Results


* Revenues for fiscal 2007 totaled a record $19.8 million, an
   increase of 500% from $3.3 million in fiscal 2006. The gain is
   primarily attributable to the contribution of seven months of
   increasing revenues from the company's Empire Interactive
   subsidiary, which generated revenues of approximately $17.2 million
   in fiscal 2007. During fiscal year 2006, revenues were generated
   solely by the operations of the company's Strategy First
   subsidiary.

* Net loss totaled $2.4 million or $0.25 per share compared to a loss
   of $2.0 million or $0.21 per share in 2006. Depreciation and
   amortization charges totaled $4.7 million in fiscal 2007, as
   compared to $180,000 in fiscal 2006.

* Operating EBITDA, a non-GAAP measure, totaled a record $3.1 Million
   or $0.31 per share, as compared to an operating EBITDA loss of
   $1.1 million or $0.12 per share in fiscal 2006.

ADVERTISEMENT
click here
``The record results for the fourth quarter exceeded our expectations,'' said Clive Kabatznik, CEO of Silverstar Holdings Ltd. ``Revenues, operating EBITDA and net income improved dramatically as we expeditiously leveraged the company's new large back catalog and began the transition to next gen game platforms, like Xbox 360, Nintendo, DS and Wii; and introduced new titles. We also stepped up our release schedule, releasing 12 skus in the fourth quarter, up more than 50% over last quarter. Finally, we continued to build on Empire's international presence, particularly its strong and unique European distribution network. The outlook for next fiscal year is already looking strong, with at least 50 more SKUs due out in 2008.''

Other Q4 Highlights


* FlatOut Ultimate Carnage, released on Xbox 360 in Europe in
   June 2007, was a top 10 seller for 11 consecutive weeks. This
   highly successful introduction was complemented by the signing of
   Warner Bros. Interactive Entertainment to distribute the product to
   North and South America.

* Double Dragon, released on Xbox Live Arcade, was a number one
   seller upon launch with more than 55,000 copies downloaded in the
   first week.

* Silverstar's Strategy First subsidiary expanded its relationship
   with GameTap, the first broadband entertainment network from Turner
   Broadcasting System, Inc. (TBS), so that every game released by
   Strategy First through 2012 will be available for exclusive online
   play and for purchase in GameTap's new online digital retail
   storefront.

Fiscal 2008 Outlook

Silverstar plans to release at least 50 SKUs during the fiscal year 2008. Most prominent among these will be the North American release of FlatOut Ultimate Carnage on Xbox 360 on October 2, 2007. Other near-term releases include FlatOut Head-on for PSP and the FlatOut PC version are expected to be released internationally in the second or third fiscal quarter, with Jackass on PS2 and PSP being released in Europe in the second quarter.

Based on the current release schedule, most of the company's new high profile titles for fiscal 2008 will be released during the October through June period. Management anticipates revenues will exceed $40 million for the full fiscal year 2008, with operating EBITDA in the range of 17.5% to 25.0% or $7 million to $10 million. As anticipated, management expects the first fiscal quarter to be weakest of the year, with 100% to 110% of the operating EBITDA anticipated in the final three quarters of the fiscal year.

Quote from: kslifka on September 27, 2007, 04:25:14 PM
Yes.  Finally held onto a stock after earnings where they suprised to the upside.


Silverstar Holdings Reports Record Fourth Quarter and Fiscal 2007 Results
Thursday September 27, 4:13 pm ET


      Q4 Revenues Total $12.0 Million, vs. $470,000 in Q4 FY2006;

          Q4 GAAP Net Income $2.6 Million or $0.25 per share;

         Q4 Operating EBITDA $4.6 Million or $0.45 per share.

BOCA RATON, Fla., Sept. 27, 2007 (PRIME NEWSWIRE) -- Silverstar Holdings, Ltd. (NasdaqCM:SSTR - News) , an international publisher and developer of interactive entertainment software, reported record financial results for its fourth quarter and fiscal year 2007 ended June 30, 2007.

Fourth Quarter Fiscal 2007 Financial Results

As compared to the previous quarter and same period a year ago:


* Revenues for the quarter totaled $12.0 million, an increase of 161%
   from $4.6 million in the previous quarter, and a 2500% increase
   from $470,000 a year ago. The increase over the previous and
   year-ago quarters is primarily due to the performance of Empire
   Interactive, PLC, which Silverstar acquired in December 2006.

* Net income totaled $2.6 million or $0.25 per share, compared to a
   loss of $2.8 million in the previous quarter or ($0.27) per share
   and a loss of $868,000 or ($0.10) per share a year-ago.

* Operating EBITDA (Earnings before Interest Taxes Depreciation and
   Amortization), a non-GAAP measure, totaled a record $4.6 Million or
   $0.45 per share, as compared to an operating EBITDA loss of
   $0.3 million or ($0.03) per share in the previous quarter and
   operating EBITDA loss of $0.6 million or ($0.06) per share a year
   ago. The company recorded depreciation and amortization charges of
   approximately $2.0 million in the fourth quarter, compared to
   $950,000 in the same period last year. A reconciliation of
   operating EBITDA to operating income is included at the end of this
   release.

Full Year Fiscal 2007 Financial Results


* Revenues for fiscal 2007 totaled a record $19.8 million, an
   increase of 500% from $3.3 million in fiscal 2006. The gain is
   primarily attributable to the contribution of seven months of
   increasing revenues from the company's Empire Interactive
   subsidiary, which generated revenues of approximately $17.2 million
   in fiscal 2007. During fiscal year 2006, revenues were generated
   solely by the operations of the company's Strategy First
   subsidiary.

* Net loss totaled $2.4 million or $0.25 per share compared to a loss
   of $2.0 million or $0.21 per share in 2006. Depreciation and
   amortization charges totaled $4.7 million in fiscal 2007, as
   compared to $180,000 in fiscal 2006.

* Operating EBITDA, a non-GAAP measure, totaled a record $3.1 Million
   or $0.31 per share, as compared to an operating EBITDA loss of
   $1.1 million or $0.12 per share in fiscal 2006.

ADVERTISEMENT
click here
``The record results for the fourth quarter exceeded our expectations,'' said Clive Kabatznik, CEO of Silverstar Holdings Ltd. ``Revenues, operating EBITDA and net income improved dramatically as we expeditiously leveraged the company's new large back catalog and began the transition to next gen game platforms, like Xbox 360, Nintendo, DS and Wii; and introduced new titles. We also stepped up our release schedule, releasing 12 skus in the fourth quarter, up more than 50% over last quarter. Finally, we continued to build on Empire's international presence, particularly its strong and unique European distribution network. The outlook for next fiscal year is already looking strong, with at least 50 more SKUs due out in 2008.''

Other Q4 Highlights


* FlatOut Ultimate Carnage, released on Xbox 360 in Europe in
   June 2007, was a top 10 seller for 11 consecutive weeks. This
   highly successful introduction was complemented by the signing of
   Warner Bros. Interactive Entertainment to distribute the product to
   North and South America.

* Double Dragon, released on Xbox Live Arcade, was a number one
   seller upon launch with more than 55,000 copies downloaded in the
   first week.

* Silverstar's Strategy First subsidiary expanded its relationship
   with GameTap, the first broadband entertainment network from Turner
   Broadcasting System, Inc. (TBS), so that every game released by
   Strategy First through 2012 will be available for exclusive online
   play and for purchase in GameTap's new online digital retail
   storefront.

Fiscal 2008 Outlook

Silverstar plans to release at least 50 SKUs during the fiscal year 2008. Most prominent among these will be the North American release of FlatOut Ultimate Carnage on Xbox 360 on October 2, 2007. Other near-term releases include FlatOut Head-on for PSP and the FlatOut PC version are expected to be released internationally in the second or third fiscal quarter, with Jackass on PS2 and PSP being released in Europe in the second quarter.

Based on the current release schedule, most of the company's new high profile titles for fiscal 2008 will be released during the October through June period. Management anticipates revenues will exceed $40 million for the full fiscal year 2008, with operating EBITDA in the range of 17.5% to 25.0% or $7 million to $10 million. As anticipated, management expects the first fiscal quarter to be weakest of the year, with 100% to 110% of the operating EBITDA anticipated in the final three quarters of the fiscal year.

Very nice. Congrats.

SSTR is way up before opening.  Already almost 1 million in volume.  It should open around $3.57.  Needless to say that my order to sell at $3.29 was promptly canceled 

good luck everyone

Edit - well... wow! 5 minutes into the day's session and we have 2.5 million.  We are flirting with the $4.00 mark.  I don't want to be too greedy but it's tempting to hold and wait.

Management anticipates revenues will exceed $40 million for the full fiscal year 2008

Market cap is only 48 million.

Enough said

fyi:
Fiscal 2008 Outlook

Silverstar plans to release at least 50 SKUs during the fiscal year 2008. Most prominent among these will be the North American release of FlatOut Ultimate Carnage on Xbox 360 on October 2, 2007. Other near-term releases include FlatOut Head-on for PSP and the FlatOut PC version are expected to be released internationally in the second or third fiscal quarter, with Jackass on PS2 and PSP being released in Europe in the second quarter.

Based on the current release schedule, most of the company's new high profile titles for fiscal 2008 will be released during the October through June period. Management anticipates revenues will exceed $40 million for the full fiscal year 2008, with operating EBITDA in the range of 17.5% to 25.0% or $7 million to $10 million. As anticipated, management expects the first fiscal quarter to be weakest of the year, with 100% to 110% of the operating EBITDA anticipated in the final three quarters of the fiscal year.

Sold SSTR @ 4.52.  100% profit... me like