3SOF

Profile: M.B.A. Holdings, Inc. (MBAH.OB), through its subsidiary, Mechanical Breakdown Administrators, Inc., engages in the marketing and administration of vehicular mechanical breakdown insurance (MBI) policies in the United States. It also sells contracts for repair services to vehicles (VSC). The company acts as an agent for insurance companies and sells their MBI policies. It provides marketing educational/support services and arranges for subagents to sell the policies. After the sale, the company provides third-party administrative policy services for certain of the policies sold by the company or its subagents. It markets and administers VSC programs for automobiles, light trucks, recreational vehicles, motorcycles, boats, and automotive components. In addition, through its subsidiary, National Motorcycle Dealers Association, LLC (NMDA), the company sells memberships in NMDA and extended warranties for new and used motorcycles, ATV's, and trailers. NMDA also provides gap coverage, motorcycle leasing and financing, credit life/accident insurance, health insurance, and family hospitalization insurance for dealership owners, and employees and their families. The company is based in Scottsdale, Arizona.

I like the insurance sector at this point, with so many natural disasters and others, and with insurance companies paying for the damages, I believe the Property and Casualty Insurance Sector will see a surge in demand for the coming quarters.

Anyway, this is a very small company, with just 14 full time employees.

Yesterday some news of a stock dividend were out:

MBAH Announces Issuance of Stock Dividend

The dividend will be given to shareholders at November the 25th, 2005. Maybe some buying ahead of this, and people not selling before the dividend date? (or they would not be illegible). I think this is a smart move from the company.

The chart looks attractive, a new bullish trend is emerging:



I will buy $1000 of MBAH.OB for the 3 Pennies on Fire Portfolio.

Did you purchase this for the 3 pennies portfolio?

Another good find.

Quote from: 422fwhp on October 14, 2005, 06:43:55 AM
Did you purchase this for the 3 pennies portfolio?

Another good find.

Oops, saw it under the chart.

I got this from the MBA Holdings Shareholder Update: «Our stores are setting new sales records weekly which prove to us that our systems are working.»

I like this weekly measure.

But I went on reading their last 10-Q and the fundamental picture got worse from 2004 to 2005. More revenues, but even more costs. Also the company seems to have the bad habit of issuing a lot of shares which is dilutive to shareholders.

Also, from knowing more from the company, I see that it's not a insurance sector stock, it is basically a motorcycle renting company. I think motorcycle renting is funny, but not such a great business.

Therefore I'll sell my $1,000 of MBAH.OB today, taking whatever profit I have.

Some more news on the stock dividend: This is good right?

2005-10-19 08:30:17 
MBAH Announces Stock Dividend Plan 


SCOTTSDALE, AZ -- (MARKET WIRE) -- 10/19/05 -- MBA Holdings, Inc. (OTC BB: MBAH) announces
details of its 1:200 stock dividend scheduled for November 25th, 2005.


The MBAH Board of Directors accepted and approved a proposal by MBAH CEO
Gaylen Brotherson that calls for Mr. Brotherson to return the same amount
of his personal escrowed shares to replace what the company issues for the
1:200 November 25th stock dividend.





The Brotherson Share Return Plan will be completed immediately following
the 1:200 stock dividend that will be issued to Shareholders of record on
November 25th, 2005. The Company has voted and approved the equivalent
share return to the Company treasury from Mr. Brotherson.



Brotherson commented, "We've had extraordinary news lately with even more
to come. I felt it was in the Company's and our Shareholders' best
interest to replace the dividend shares with equivalent shares that I'll be
returning to the treasury, thus maximizing the market effect the 1:200
stock dividend provides."

For additional information contact:
Gaylen Brotherson
(480) 860-2288 ext. #317

MBA Holdings
http://www.mbadirect.com

Yes, those are good news, therefore I'll try selling it at $0.072 and not near the open.

Thanks gmarc66 

David,

Question, if the news is good (and I also think it is) why sell  .

And do I understand correctly that you want to sell today around $ 0.072, so also if it would be lower? Or is that your minimum???

Thanks in advance for your reply.

Amarens

Quote from: Amarens on October 19, 2005, 08:55:52 AM
David,

Question, if the news is good (and I also think it is) why sell  .

And do I understand correctly that you want to sell today around $ 0.072, so also if it would be lower? Or is that your minimum???

Thanks in advance for your reply.

Amarens

$0.072 is my minimum, given the news. Why sell? The news is good but not good enough, I bought the stock thinking it was an insurance play and after all it is a renting motorcycle business. 1 stock for 200 held is 0.5% yield, not good enough, but I appreciate the generosity of the CEO.

Hi David,

What do you think of this press release which indicates that the CEO cannot exercise his shares until they reach a certain level:

http://biz.yahoo.com/iw/050804/092415.html

Thanks,

Kevin

David will not be able to post the regular daily updates today. But he gave me instructions to SELL this position.

I'll sell MBAH.OB today near the open.

I'll just post an updated chart.

News today, maybe you'll get a pop before you sell.

MBA Holdings, Inc Acquires Thunder Riders Magazine

SCOTTSDALE, AZ--(MARKET WIRE)--Nov 1, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) is pleased to announce that it has acquired the assets of Arizona's Thunder Riders Motorcycle Magazine and other related magazines and products. The current publisher and owner Clay Douglas sold the majority of the company in a cash and stock sale. A new Limited Liability Company was formed called MBA Publishing, LLC. Mr. Douglas will retain the title of Publisher and a percentage of ownership and stock in the company. The Arizona company, with current offices in Phoenix, Arizona, will move its headquarters to MBA's offices in the near future.
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Clay Douglas has been the publisher of Thunder Riders for three years. His background includes publishing three magazines and writing for most major motorcycle Publications like Easyriders, Motorcycle Industry and American Free Press of Washington, D.C.

Gaylen Brotherson, CEO of MBA Holdings, stated that, "We are happy to give a voice to National Motorcycle Dealers Association and Thunder Riders gives us a platform to showcase and promote our Blue Sky, Street Eagle, Rent 2 Ride, and WorldWide rental divisions nationwide. The paper will also help meet the needs of our dealers and agents to promote all of our insurance products and new products in the future. It is a good aquision for our company, and our company's bottom line to help build MBA Holdings."

The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports, and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.