GV

[eliteG]

GV(amex) - Goldfield Corp.

Sector:    Industrial Goods
Industry:    Heavy Construction
Mkt Cap:       35.34M
Float:            23.53M

Profile:  The Goldfield Corporation provides electrical construction and maintenance services in the energy infrastructure industry in the southeastern and mid-Atlantic region of the United States. Its principal lines of business include electrical construction and real estate development. It constructs transmission lines, distribution systems and substations, and other electrical installation services for utility systems, and industrial and specialty projects. The company also installs fiber optic cable for fiber optic cable manufacturers, telecommunication companies, and electric utilities. It also engages in the development of residential condominium projects on the east coast of Central Florida. The company was incorporated in 1906 and is based in Melbourne, Florida.

website: http://www.goldfieldcorp.com/

News and Fundamentals

Goldfield just released amazing results on for its 4th quarter and full year 2005:
Links:
Goldfield Swings to 4Q Profit on Sales
Goldfield Records Strong Results for 2005

----------------
MELBOURNE, Fla., March 27 /PRNewswire-FirstCall/ -- The Goldfield Corporation (Amex: GV - News), a leading provider of electrical construction services in the southeastern United States and a developer of condominiums, today announced strong results for the year ended December 31, 2005:

   - Revenue increased 20.4% to $39.3 million from $32.7 million in 2004.
   - Operating income increased to $4.0 million from a $0.5 million loss in
     2004.
   - Net income rose to $2.3 million ($.09 per share) from a $0.4 million
     loss ($.01 loss per share) in 2004.

Results for the fourth quarter of 2005 mirrored the markedly improved yearly results. For the quarter ended December 31, 2005 (compared to like period in 2004):

   - Revenue increased 85% to $10.4 million from $5.6 million.
   - Net income reached $0.9 million ($.03 per share) from a $0.7 million
     loss ($.03 loss per share).
-------------

Crazy! GV has more revenue this year than mkt cap and is growing strong.  This makes GV an amazing value!!  Annualizing the quarter eps gives GV a forward PE of 11.5 not accounting for any growth.  There is even more!  Growth is backed up by a backlog of over 40million!

Looking ahead to 2006, Mr. Sottile commented, "We start 2006 on a very solid footing. At January 31, our electrical construction backlog had increased over four-fold to $24 million from $5.8 million at the same point in 2005 and our real estate segment's backlog had almost doubled to approximately $16.9 million from $8.4 million at the same point last year. The first phase of our new Pineapple House project is now under construction, with binding sales contracts for approximately two-thirds of the units. We expect to start recognizing revenue from this project during the first quarter of this year."
http://biz.yahoo.com/prnews/060327/nym042.html?.v=39

Technicals

A stock with this kind of fundamentals.. and superb technicals.    Notice on the Long-term chart  what a solid company we are dealing with.  How can we tell this from the chart?  Notice how there is a consistent rise and support with increasing volume on the 10yr chart.  Only really great management can pull that off.  Investors who are holding this stock must be in love.   (they bought in 1999 @ .20 and the stock is 1.38  )  These are investors who will not sell their position.

Long


Medium


Short



Trade Plan

We are buying this stock for both the 3SOF and 3SOV portfolio.  Therefore, we will trade the positions in a different manner.  The 3SOF method will be a much stricter technical method.  The 3SOV method will try to maintain a position until true value is attained through looser stops.

We have a breakout on GV and it will most likely attack the 52-week high soon.  We will place our initial stop around 15-20% away and will look to make a great return.  This stock is set to explode as soon as the word gets out.. right now it is definately a hidden wonder.

We will buy GV @ limit 1.50

[eliteG]

GV(amex) - Goldfield Corp.

Sector:    Industrial Goods
Industry:    Heavy Construction
Mkt Cap:       35.34M
Float:            23.53M

Profile:  The Goldfield Corporation provides electrical construction and maintenance services in the energy infrastructure industry in the southeastern and mid-Atlantic region of the United States. Its principal lines of business include electrical construction and real estate development. It constructs transmission lines, distribution systems and substations, and other electrical installation services for utility systems, and industrial and specialty projects. The company also installs fiber optic cable for fiber optic cable manufacturers, telecommunication companies, and electric utilities. It also engages in the development of residential condominium projects on the east coast of Central Florida. The company was incorporated in 1906 and is based in Melbourne, Florida.

website: http://www.goldfieldcorp.com/

News and Fundamentals

Goldfield just released amazing results on for its 4th quarter and full year 2005:
Links:
Goldfield Swings to 4Q Profit on Sales
Goldfield Records Strong Results for 2005

----------------
MELBOURNE, Fla., March 27 /PRNewswire-FirstCall/ -- The Goldfield Corporation (Amex: GV - News), a leading provider of electrical construction services in the southeastern United States and a developer of condominiums, today announced strong results for the year ended December 31, 2005:

    - Revenue increased 20.4% to $39.3 million from $32.7 million in 2004.
    - Operating income increased to $4.0 million from a $0.5 million loss in
      2004.
    - Net income rose to $2.3 million ($.09 per share) from a $0.4 million
      loss ($.01 loss per share) in 2004.

Results for the fourth quarter of 2005 mirrored the markedly improved yearly results. For the quarter ended December 31, 2005 (compared to like period in 2004):

    - Revenue increased 85% to $10.4 million from $5.6 million.
    - Net income reached $0.9 million ($.03 per share) from a $0.7 million
      loss ($.03 loss per share).
-------------

Crazy! GV has more revenue this year than mkt cap and is growing strong.  This makes GV an amazing value!!  Annualizing the quarter eps gives GV a forward PE of 11.5 not accounting for any growth.  There is even more!  Growth is backed up by a backlog of over 40million!

Looking ahead to 2006, Mr. Sottile commented, "We start 2006 on a very solid footing. At January 31, our electrical construction backlog had increased over four-fold to $24 million from $5.8 million at the same point in 2005 and our real estate segment's backlog had almost doubled to approximately $16.9 million from $8.4 million at the same point last year. The first phase of our new Pineapple House project is now under construction, with binding sales contracts for approximately two-thirds of the units. We expect to start recognizing revenue from this project during the first quarter of this year."
http://biz.yahoo.com/prnews/060327/nym042.html?.v=39

Technicals

A stock with this kind of fundamentals.. and superb technicals.    Notice on the Long-term chart  what a solid company we are dealing with.  How can we tell this from the chart?  Notice how there is a consistent rise and support with increasing volume on the 10yr chart.  Only really great management can pull that off.  Investors who are holding this stock must be in love.  (they bought in 1999 @ .20 and the stock is 1.38  )  These are investors who will not sell their position.

Long


Medium


Short



Trade Plan

We are buying this stock for both the 3SOF and 3SOV portfolio.  Therefore, we will trade the positions in a different manner.  The 3SOF method will be a much stricter technical method.  The 3SOV method will try to maintain a position until true value is attained through looser stops.

We have a breakout on GV and it will most likely attack the 52-week high soon.  We will place our initial stop around 15-20% away and will look to make a great return.  This stock is set to explode as soon as the word gets out.. right now it is definately a hidden wonder.

We will buy GV @ limit 1.50

[eliteG]

update GV:

Wow!  GV maybe came up on some scans yesterday but today it sent out a beacon.. HUGE volume.. and a tall white candle gaining 14.33%!!  You can be sure traders and investors are now doing their DD and cant wait to buy(they will be our support on dips)

I will not set a stop on this just a hold which we will evaluate every night for now.  The same order will be given on the 3SOV portfolio as well(so far).  I just wish GV would slow a bit.. I chose it for the stock picking contest and we start with the opening price Monday. 

------
Position: bought GV @ 1.475 on 4/20/2006
Order: Hold
Exit: n/a
Target: n/a
------

[eliteG]

update GV:

Wow!  GV maybe came up on some scans yesterday but today it sent out a beacon.. HUGE volume.. and a tall white candle gaining 14.33%!!  You can be sure traders and investors are now doing their DD and cant wait to buy(they will be our support on dips)

I will not set a stop on this just a hold which we will evaluate every night for now.  The same order will be given on the 3SOF portfolio as well(so far).  I just wish GV would slow a bit.. I chose it for the stock picking contest and we start with the opening price Monday. 

------
Position: bought GV @ 1.475 on 4/20/2006
Order: Hold
Exit: n/a
Target: n/a
------

[fous]

Great pick G. This popped up on my filter as well yesterday and I was in the middle of analysing this one when i checked my email and saw 3sof noticed this gold mine as well  I hopped in at the open as well.

Haha yah you better hope for it to slow down or you might be buying at the peak of this first wave for the contest

Good luck on the contest

-fous

[Lucas Scott]

G - today's high was precisely equal to the Sep 6 high of 1.59 which sets up a double-top scenario. Also today's volume was ~1/3 of volume compared to September which makes a breakthrough more difficult. It will be interesting to see if it can get above and then stay above 1.60.

http://stockcharts.com/h-sc/ui?s=GV&p=D&yr=0&mn=9&dy=0&id=p10887599459&a=74900752

[eliteG]

Great pick G. This popped up on my filter as well yesterday and I was in the middle of analysing this one when i checked my email and saw 3sof noticed this gold mine as well  I hopped in at the open as well.

Haha yah you better hope for it to slow down or you might be buying at the peak of this first wave for the contest

Good luck on the contest

-fous

It will be above 3 by contest end. 

G - today's high was precisely equal to the Sep 6 high of 1.59 which sets up a double-top scenario. Also today's volume was ~1/3 of volume compared to September which makes a breakthrough more difficult. It will be interesting to see if it can get above and then stay above 1.60.

http://stockcharts.com/h-sc/ui?s=GV&p=D&yr=0&mn=9&dy=0&id=p10887599459&a=74900752

good point, just what I need for a handle dip.. into the contest  but I would argue this move is higher up in the price pattern with a rise in volume starting before this move.. looks very strong to me.

[dhiraj19]

This means I can patiently wait to buy this one when it touches the support line.  
- Dhiraj

[Leaira]

I just got a limit order filled at 1.48.  I hope it does get past $3!   

Leaira

[Loffigus]

I just got a limit order filled at 1.48. I hope it does get past $3!

Leaira

Me too! 

[usedcasting]

G, looks like somebody wants to spoil your monday contest timing. I am sure you won't be to disappointed. G, I do hope you win the contest though. Some volume just coming in and a 6 cent lift.

uc.

[usedcasting]

Volume and money coming in quick. Up .18 cents with almost a million shares traded.

uc

[calguy]

Very nice pop here. I wonder if news is about to be released. Was looking weak earlier, but this makes my day a lot better.

[echo]

Coming through strong in the pm!!!!
Woohoo!!!!

[eliteG]

Monster move traders!   

The market is down heavy.. and GV is up huge.. on big volume again! 

And I dont think this puts me out of the contest.. but it does give everyone else a shot.. maybe.. hehe.   

I am really proud of this one guys... I worked on it longer than usual.. from scan to filter to digging..  This is a clear breakout now and is heading for a blue sky breakout once $2 is reached.  I think it should finally rest @ 5 in 2-3 months.  We will see though..