3SOF

This one is not for the faint of heart ..... You could see $7 - $8 this week (most likely Wedneday). The stock will probably take 10 to 20% intra day swing in both directions Monday and Tuesday. Once volume reaches 300K/day, the swings will be replaced by a smoother upwards move.

SIMC is an adrenaline junkie special this week......


P.S. Also check out earnings plays NGRU and EXXA this week....DD on both in this site.

Good luck to all this week!!

Very predictably, MM's found a couple of stop losses with a few 100-share trades.

Great entry point under $5. This won't last

SIMC will bounce back momentarily. It appears that MMs squeezed every single cheap share. Once buying pressure resumes, SIMC will break out. This happens before every quarterlyearnings report

NICE BOUNCE TODAY

They reported three cents around 3:30PM this afternoon.  Looks like the market didn't like it.  It sold off on relatively heavy volume, down $1.06 to $3.60.       

http://ts-lc.sc8.finance.lycos.com/1123878438500?User=demo&Pswd=demo&DataType=GIF&Symbol=NASDAQ:SIMC&Interval=10&Permission=1000&Ht=400&Wd=600&Display=2&Study=VOL&Param1=&Param2=&Param3=&FontSize=10&LocaleID=0x0409

Do you think this stock will rebound back to the 4's anytime soon?  If so, I may consider buying a little bit of it.

Thanks

I posted this in the SANM thread. Please someone help me. Newbie here. I am interested in investing in SIMC. From my DD sounds like a solid and profitable litle company. However, I am a penny trader and I amot used to putting my money on expensive stocks (for me anyway).

Here is what I said.


SIMC is listed as SANM competitor. SIMC is also going up today. Someone said that SIMC will report 3Q earnings next Tuesday. Is SIMC going up because of SANM or because they expect strong earnings? I see that SIMC has a very low float, something like a million shares.

Anyone care to comment? anyone in SIMC? TIA

This post about SIMC was on my Yahoo board this morning. Someone mentioned that it came from this board. That is why I am here. I looked and looked for this post but I could not find it. Sounds fairly recent to me.


Did anyone see this post?


SIMC's Earnings Next Tuesday. Don't be left out!


Simclar (Nasdaq: SIMC) is very explosive around earnings time ($5, $6, $7 plus spikes).

3Q financial results from SIMC are likely to be very strong as discussed in more detail later in this post and that might cause a huge spike.

Competitor SANM posted strong results yesterday and is a big gainer today. The big difference is the float. SIMC's is only 1.8M shares!!


+++++SIMC INVESTMENT HIGHLIGHTS:


* 1.8 Million Shares in Float
* Profitable in 9 of 10 years (2001 was the exception)
* 2004 most profitable year - EPS=$0.36
* Revenues of over $50million/year
* Added two new plants early this year
* 48% Revenue Growth. From $36M in 2003
* Market Cap only $24 million
* P/E = 15
* P/S = 0.45
* Insiders own 75% of the company.


Last quarter (2Q 2005) earnings were disappointing when compared to the year ago quarter. The reasons for that have been identified and already corrected by the company as discussed below. I believe 3Q results will be a surprise to the upside and should beat 2Q 2005 and 3Q 2004 handily.

SIMC Chairman Sam Russell commented upon the release of 2Q 2005 financial results on August 12:

"It is disappointing to report a decrease in sales in the quarter compared to the same period in 2004; however, this is caused by two of our plants in particular. One of these plants generated significant sales in the second quarter of last year due to above average demand from two of its customers. Unfortunately, there has been no such similar demand in the current year, with the result that sales for that plant have decreased by $707,000 (53%) in the second quarter of 2005.

We are continually monitoring the performance of that plant to ensure that all possible actions are being taken to increase its levels of business... and are pleased to note that it has now returned to profit and we expect it to remain profitable throughout the third quarter.

..."The other plant in question has experienced a general decrease in business levels in the quarter, with the result that its sales are down by $808,000 (29%) in the second quarter of 2005. I'm pleased to say that, since the end of the second quarter, that plant has been successful in winning a significant order which will result in significant sales growth in the remainder of 2005 and on into subsequent years..."

...."The sales reductions at these plants decreased our profitability in the quarter..."


In other words, the two plants responsible for the drop to 3c/share net income in 2Q 2005, returned to profitability early in 3Q.

More importantly, the second plant mentioned in the report won "a significant order which will result in significant sales growth in the remainder of 2005 and on into subsequent years.." Obviously, the company won a lucrative multi-year contract and hopefully some details will be provided in the earnings release.

SIMC's Chairman Russell added:

.."Although the second quarter results were disappointing, we continued to expand our customer base and product offerings. The outlook for the company as a whole is good for the second half of 2005, and we expect sales and profitability to increase over the first half of the year."


Worldwide, SIMC operates 11 manufacturing plants including China, Mexico, Scottland, and six plants in the United States. SIMC has invested considerable resources in the China plant/region this year. CEO expects huge growth in the region now and in the future.

SIMCs geographical/product/customer diversification lowers the risk considerably. That is a big reason why SIMC is consistently profitable and has been profitable in 9 out of the last 10 years. Not many companies can claim that.


blablablabla. it is a lot longer so I've cut the rest

Quote from: andicito on November 04, 2005, 02:16:07 PM
I posted this in the SANM thread. Please someone help me. Newbie here. I am interested in investing in SIMC. From my DD sounds like a solid and profitable litle company. However, I am a penny trader and I amot used to putting my money on expensive stocks (for me anyway).

Here is what I said.


SIMC is listed as SANM competitor. SIMC is also going up today. Someone said that SIMC will report 3Q earnings next Tuesday. Is SIMC going up because of SANM or because they expect strong earnings? I see that SIMC has a very low float, something like a million shares.

Anyone care to comment? anyone in SIMC? TIA

There may be a lot of suspicion on SIMC after a poster by the handle of WISEMAN was pumping this stock and some other low float stocks.  Check this MB http://www.3stocksonfire.org/trading/index.php?topic=3295.0

Whether or not someone was pumping this stock, the fundamentals are very strong based on my DD.

A lot of people seem to think so. SIMC is up again today.

For those of you that might be following this stock, this is what somenone posted at the SIMC board (BTW, does anyone have a chart for SIMC? TIA)



Simclar, Inc. (Nasdaq: SIMC) is a consistently profitable global contract manufacturer of electronic and electro-mechanical products.

Regarding 3Q 2005 and 4Q 2005, SIMC's Chairman Russell said on the 2Q 2005 release:

.."....The outlook for the company as a whole is good for the second half of 2005, and we expect sales and profitability to increase over the first half of the year."

Unlike other low-float microcaps, SIMC does not depend on one industry or ane big customer. SIMC has over a dozen plants and hundreds of customers worldwide. SIMC operates manufacturing plants in China, Mexico, Scottland, and six plants in the United States.

SIMCs geographical/product/customer diversification lowers the risk considerably. That is a big reason why SIMC is consistently profitable and has been profitable in 9 out of the last 10 years. Not many companies can make that claim.


+++++SIMC INVESTMENT HIGHLIGHTS:


* 1.8 Million Shares in Float
* Profitable in 9 of 10 years (2001 was the exception)
* 2004 most profitable year - EPS=$0.36
* Revenues of over $50million/year
* Added two new plants early this year
* 48% Revenue Growth. From $36M in 2003
* Market Cap only $24 million
* P/E = 15
* P/S = 0.45
* Insiders own 75% of the company.

REGARDING 3Q AND BEYOND:


SIMC Chairman Sam Russell commented upon the release of 2Q 2005 financial results on August 12:

"It is disappointing to report a decrease in sales in the quarter compared to the same period in 2004; however, this is caused by two of our plants in particular. One of these plants generated significant sales in the second quarter of last year due to above average demand from two of its customers. Unfortunately, there has been no such similar demand in the current year, with the result that sales for that plant have decreased by $707,000 (53%) in the second quarter of 2005.

"We... are pleased to note that this plant has now returned to profit and we expect it to remain profitable throughout the third quarter..."

..."The other plant in question has experienced a general decrease in business levels in the quarter, with the result that its sales are down by $808,000 (29%) in the second quarter of 2005. I'm pleased to say that, since the end of the second quarter, that plant has been successful in winning a significant order which will result in significant sales growth in the remainder of 2005 and on into subsequent years..."

...."The sales reductions at these plants decreased our profitability in the quarter..."


Based on the CEO's bullish comments about the 2nd half of 2005, SIMC may surprise the street with a record 3rd quarter next week causing another April-like explosion. Don't be surprised if the company reports 10c/share + net income. Why?

- The two plants that lost money and caused the 3c/share net income aberration in 2Q are and will be profitable in 3Q and at least 4Q.

- The company only recognized revenues for 2 months for its new plant acquired in 2Q 2005(SNA). One month of revenue from that plant amounts to half a million $$ and will show up in 3Q results.

- The new state of the art Matamoros plant started up in 1Q 2005 is gaining traction and will bring lots of revenue and net income.

- SIMC has invested considerable resources in the China plant/region this year. CEO expects huge growth in the region now and in the future.

Here is the link for today's chart.

   http://stockcharts.com/def/servlet/SC.web?c=SIMC,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Last quarter as soon as the earnings came out every one sold. Be careful.

I am in this too and watching very carefully.

Lalitha

Thank you Lalithao. That is a nice chart. My prior repost makes some valid points about why the gain might be sustainable this time. The Chairman has said that the 2nd half of the year will be better than the first half in revenues and earnings. The big question is by how much. Some seem to think that SIMC might surprise with $16M revenues and over 10c/share net income on both quarters (Investorshub). If that happens, SIMC might  be on its way to becoming a mini BOOM

Regardless of the Bullsh*t surrounding the hyping of this stock, it is going up.

Lets concentrate on the posts and not necessarily the source.

When are the earnings coming out??

FYI, SIMC is looking strong today. Could it be that someone knows that earnings are very strong?

So Wiseman,  errrrrr, I mean Andicito,  when are the earnings coming out.