3SOF

Good morning

Here's the first analysis from yesterday's poll, ACH:



I still have AMKR and NLY, which were the second and third most voted stocks.

Feel free to post about stocks or the general market that I'll drop a few lines if I have time. Those stocks will figure on tonight's poll.

Have a nice day

Hi David

take a look at these stocks they'er the best on the market 

ROCM , BTJ , PRXI , BONT , SPAR , PCU

look at their growth rate ... 

TSTC up pre-market after earnings report.

Telestone Technologies Announces Fiscal 2006 Results
Wednesday March 21, 8:24 am ET

BEIJING--(MARKET WIRE)--Mar 21, 2007 -- Telestone Technologies Corporation (NasdaqGM:TSTC - News)

Fiscal 2006 Highlights


--  Revenue increase 24.69% to $21.7 Million
--  Gross profit increase 30.01% to $11 Million
--  Gross margin up to 50.75%
--  Net income increase 23.67% to $4.6 Million
--  Diluted Earnings Per Share $0.53

Telestone Technologies Corporation (NasdaqGM:TSTC - News), a leading provider of wireless communication coverage solutions primarily in China announced financial results for their fourth quarter and fiscal year ended December 31, 2006.

Revenue for the fourth quarter increased 35.2% to $7.4 million compared to $5.5 million in the prior year period. Net income increased 12.2% to $1.6 million, $.19 per share (diluted) compared to $1.4 million, $.17 per share (diluted) in the prior year period. Gross margin for the fourth quarter was 58% compared to 40% in the prior year.

For the 2006 fiscal year, total revenue increased 24.69% to $21.7 million from $17.4 million in 2005. Product sales increased 33.37% as compared to the corresponding period last year. Revenues from China Mobile, China Telecom, and China Netcom increased 112.93%, 68.761%, and 44.11%, respectively from the previous year. Our gross margin for the year was 50.75% compared to 48.67% in the prior year period. Net income for 2006 fiscal year was $4.6 million or $0.53 per share (diluted) as compared to $3.7 million or $0.43 per share (diluted) for 2005. Net income for 2006 increased 23.67% compared to the same period of last year. This was the first year that Telestone paid income taxes to the PRC (People's Republic of China) at a rate of 12%.

General and administrative expenses decreased 18.2% for 2006 fiscal year to $1,674,000 as compared to $2,048,000, in the prior year. The major reasons for the decrease in general and administrative expenses were due to our efforts to optimize the structure of the Company, improve working efficiency and reduction on daily expenses.

Sales and marketing expenses increased 3.9% for 2006 fiscal year to $2,917,000 as compared to $2,806,000 in the prior year. The increase in sales and marketing expenses originated from the expense in market development and the building of the new branches and other related fees. During fiscal year 2006, we continuously entered into overseas markets, such as Vietnam, Indonesia and India. We believe the investment will improve our Company's profitability.

Research and development expenses increased 38% for 2006 fiscal year to $605,000, as compared to $438,000, in the prior year. The main reason for this increase is that in fiscal year 2006 we put more investment in research and development to maintain our competitive edge.

Management of the Company currently anticipates 2007 fiscal year to be specifically above 30% growth in revenue and net earnings after taxes, as compared to 2006. This is without the inclusion of revenue generated from the upcoming 3G deployments in China. Management does expect a positive impact in revenue upon the arrival 3G, but at this time they are not able to predict the specific impact for 2007 due to the uncertainty of when the licenses will be issued to the Chinese mobile operators during the year. "The management team is pleased with the financial results of our company for 2006 fiscal year. We insist that we will achieve our planned business targets in fiscal 2007.

For those that have watched the video, what is David's bottom line on ACH?

Hi Dave,
My stock for today is AVT.

Thanks

Quote from: buddjas1 on March 21, 2007, 09:35:16 AM
For those that have watched the video, what is David's bottom line on ACH?

I gave it a 7 buddjas1. I have an 11 average earnings multiple for the Aluminum industry: http://finance.yahoo.com/q/co?s=AL

Also, I see it is a $11.7 B market cap, not $3.5 B as I wrote yesterday. In Q4 the gross margin declined to just 25% because of a drop in Aluminum prices. Still, 2006 net profit margin at 19%.

WWAT.ob moving up.  3 year Resistance of .69 coming.

Quote from: David Randolph on March 21, 2007, 09:44:06 AM

Quote from: buddjas1 on March 21, 2007, 09:35:16 AM
For those that have watched the video, what is David's bottom line on ACH?

I gave it a 7 buddjas1. I have an 11 average earnings multiple for the Aluminum industry: http://finance.yahoo.com/q/co?s=AL

Also, I see it is a $11.7 B market cap, not $3.5 B as I wrote yesterday. In Q4 the gross margin declined to just 25% because of a drop in Aluminum prices. Still, 2006 net profit margin at 19%.

Hi David,

For those of us who can't view the video.  Could you please write a quick synopsis, like the one your wrote for ACH above.

Thanks

David, could you put ABAT.OB on today's poll?  I would have voted for it if I had looked up the stock ahead of time.  It looks good to me.  I'd be interested in your take on it.  There's an interesting article on it at http://biz.yahoo.com/seekingalpha/070319/29904_id.html?.v=1

Quote from: David Randolph on March 21, 2007, 09:44:06 AMI gave it a 7 buddjas1. I have an 11 average earnings multiple for the Aluminum industry: http://finance.yahoo.com/q/co?s=AL

Also, I see it is a $11.7 B market cap, not $3.5 B as I wrote yesterday. In Q4 the gross margin declined to just 25% because of a drop in Aluminum prices. Still, 2006 net profit margin at 19%.

Thank you for taking the time to look at it.  Applaud.  I will watch the video later.

Quote from: Jim897 on March 21, 2007, 11:07:25 AM
David, could you put ABAT.OB on today's poll?  I would have voted for it if I had looked up the stock ahead of time.  It looks good to me.  I'd be interested in your take on it.  There's an interesting article on it at http://biz.yahoo.com/seekingalpha/070319/29904_id.html?.v=1

Sure, I'll put all suggestions on the poll. The article is interesting ... we'll see if people vote for it.

I'm with a terrible cold, you wouldn't believe how the weather is crazy here in Portugal the last few days (well, crazy for us, I bet smooth for Americans).

I'm thinking that I could build a model for my long term estimates, it would sound so professional

AMKR is coming up.

BigSully1 wrote the following on another board:

«How about Chinese manufacturer Trina Solar TSL looks very interesting. Analysts polled by first call expect Trina's profit to jump 73% this year to $1.66 and next year growth accelerating to 116% to $3.59.

It's interesting, I read where Germany is the fastest growing solar market in the world. About 87% of Trina's revs come from Germany.»

I believe this is a good suggestion for a deeper analysis.

AMKR analysis:


I gave it an 8, the chart is awesome !

Some more comments about TSL;

Germany has the world's largest solar power station, near Leipzig. Solar companies are now racing to meet demand from Europe and North America as governments have gotten behind in solar power. Almost everything Trina makes is for export. Worldwide electriciity consumption expected to double by 2030. Solar demand has been growing annual rate of 43% last 5 years.

Right now Trina still has several facilities yet to go online. March 5, Trina announced that it had successfully tested it's new cell line and should start operating in April. TSL uses silicon wafers whereas FSLR uses "thin film" technology. thin film still takes up more space than traditional, so it does not appear to be on the verge of totally replacing it.

Silicon supply is pretty doggone tight. Someone suggested it (WFR) here the other day, is that what they make? Trina uses much reclaimed silicon. Trina  has already secured 80% of it's needs for for 2007 and 50% for 2008. Would really like to see Trina make it's own silicon, so it is not as suceptible to premium silicon prices. But the most margin should still be in the cells and modules anyway.

Yes, BigSully1, WFR does supply the silicon.  It is also extremely profitable and well run.  It may not appreciate 20% in a day, but it shouldn't drop 50% in one either.  Much easier on the heart these days.

Good luck investing.  Have a GRRRREAT DAY !!!