3SOF

ELMG(nasdaq) - EMS Technologies Inc.

Mkt Cap:       304.52M
Float:             14.96M

Profile:   EMS Technologies, Inc. (Nasdaq: ELMG) is a leading innovator in the design and manufacture of wireless, satellite and defense solutions, and focuses its unique range of advanced technologies on the needs of broadband and mobile information users.

With headquarters in Atlanta, EMS Technologies has approximately 1,200 workers worldwide, and operates manufacturing facilities in Atlanta, Ottawa and Brazil.

website: http://www.ems-t.com/

The Company has four business units, each focusing on a different aspect of wireless communications, but all sharing a common foundation in broadband and other advanced wireless technologies:

-- Defense & Space Systems: highly engineered hardware components and subsystems for defense electronics and sophisticated satellite applications;

-- LXE: rugged mobile computers and wireless data networks used for logistics applications in warehouses and container ports;

-- SATCOM: terminals and antennas that enable end-users in aircraft to communicate over satellite networks; vehicle-mounted and portable terminals and antennas that enable users in remote locations or on mobile platforms to maintain satellite-based communications; and equipment and emergency management products for use in satellite-aided search-and-rescue operations;

-- EMS Wireless: wireless base station antennas and repeaters for PCS/cellular telecommunications.


Fundamentals/News

Currently ELMG has a price to sales ratio at a low 0.95 and an estimated forward PE of 16.21.  With news of contract wins and strong fourth quarter results.. ELMG seems to be a great value at current price levels.

QuoteEMS Technologies Announces Strong Fourth Quarter and 2005 Full-Year Results
Wednesday March 15, 4:00 pm ET
http://biz.yahoo.com/pz/060315/95735.html

[/b]
"In addition, we completed a public offering of common stock soon after the end of 2005 that resulted in the issuance of 3,795,000 shares of common stock, including shares issued upon the exercise of the underwriters' over-allotment option. This offering brought in more than $50 million to reduce debt far below the level reported at the end of 2005 and to build cash for strategic activities and other corporate purposes."

QuoteBombardier Aerospace Selects EMS SATCOM AMT-3800 High-Gain Antenna for Global Business Jet Family
Wednesday May 3, 12:49 pm ET
http://biz.yahoo.com/pz/060503/98469.html

QuoteEMS Technologies contract worth up to $13 million
Wednesday April 12, 10:06 am ET
http://biz.yahoo.com/bizj/060412/1271801.html?.v=1

Technicals

The key on the technicals of this chart is the increase in volume starting in min-february.  This volume is sustained and during this time price consolidates and is now moving higher.  20 is a key psych number and ELMG may need to oscillate in this zone for a while before moving higher but the volume buildup indicates that most likely we will not be waiting long.  Also notice the triple bottom type formation on the long-term chart.. this can lead to some great moves!

Long


Medium


Short



Trade Plan

Our target area on this trade is around 24-26 but if the stock builds correctly to this area we may be able to raise this target.  When earnings come up we will most likely hold over.  No exact earnings date has been posted yet.

Entry - We will set up a limit order just above a support line @ 19.85 and hope to get a good price fill.  If our order is not executed by 2pm we will buy @ the mkt.


We will buy ELMG according to plan on 05/07

1) Good pick..Very bullish weekly & daily chart
2) Inverse head & shoulders
3) Volume is high confirming the breakout
4) Weekly Golden Cross
5) I'll be in with 3SOF tomorrow

Havent seen this updated on the 3SOF portolio yet, was it bought?

Quote from: tokyopua on May 08, 2006, 08:18:54 PM
Havent seen this updated on the 3SOF portolio yet, was it bought?

Hi tokyopua,

Yes it was bought at $20.68 according to the plan. (The portfolio is now updated)

best regards,

update ELMG:

ELMG looked strong today heading higher on above average volume.  This morning they announced earnings will be this Wednesday pre-market(kind of sudden!).

QuoteNotice of EMS Technologies, Inc. Q1 2006 Earnings Release Conference Call
Monday May 8, 11:27 am ET
http://biz.yahoo.com/pz/060508/98713.html

We will hold over earnings as this recent rise up in the pattern could be in anticipation of some nice numbers and of course we like the fundamentals.

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Position: bought ELMG @ 20.68 on 05/08/2006
Order: Hold
Exit: stop @ 19.10
Target: n/a
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update ELMG:

Today ELMG put in an inside day doji.. stocks usually do this before a big move.. and since earnings are tomorrow morning we are looking for a big move higher.

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Position: bought ELMG @ 20.68 on 05/08/2006
Order: Hold
Exit: stop @ 19.10
Target: n/a
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Earnings are out!

QuoteEMS Technologies Announces First Quarter Profits And Record Revenues
Wednesday May 10, 8:18 am ET
http://biz.yahoo.com/pz/060510/98855.html

Highlights:

-record first quarter revenues of approximately $75 million

-"The first quarter has historically been tough in all of our markets, but with strong product offerings and solid execution, three of our four divisions set first quarter revenue records."

-"we continue to expect to achieve our previously announced earnings target of $.96 to $1.06 per share for the year.''

This has a nice candle stick today. Volume was sustained through previous dip.
Worth keeping an eye on it.

uc.

broke out of 2 month consolidation to a new 3 year high on Friday, on heavy volume.

ELMG

looks good for more.

Another breakout today!