SOYO.OB

[52 windsor deluxe]

awesome....chart....i'm...all...in....looks...like...there...is...only....3...of..us...on...this...stock...leaving...for...work....love...it........

[52 windsor deluxe]

soyo..is..on..the...hot.otc..list.........85..cents....yes.....weeeeeeeee

[iamonfire]

Healthy consolidation today. And hopefully we got rid of some short-term traders during the dip. I added a few shares in the mid 70's but those MMs conveniently by-passed my order. Oh well.

Some people might have exited this morning after reading today's news about SOYO's 32" plasma TV. They were expecting news about the Honeywell HDTV roll out and probably think that will not happen. Because Honeywell has to approve all the PRs bearing its name (lawyers involved, etc that can create some delays), and also the individual retail chains might as well, I expect several PRs about where the Honeywells will be sold....not just one like others are expecting.

News aside, SOYO is trading at a paltry 7 PE based on 2008 forecast and only 0.3 times sales.

[52 windsor deluxe]

uptrends...........r........fun... ........last..call....b4..next........ week............

[52 windsor deluxe]

wow.....look..at....voluume..... .....yay.........

[52 windsor deluxe]

looks...like..soyo...is..the..top..viewed...stock...on...this....penny..stock..picking...board....i..also.. see..that...the...mm's.....keep...trying....to..bring.it..back...down...with...those..last..sales...of.....a ......100...shares... ......kinda....like..sticking..your..finger...to..plug.a..hole... in..hoover.....dam....... ...well.....i'm....off...to...work...GO......SOYO...

[iamonfire]

A few highlights About SOYO for those lurking the board occasionally:

- SOYO has been moving up ahead of three significant events: The launch of the Honeywell HDTVs, 2Q earnings to be reported before August 15, and news about bank financing to accelerate growth. The initial move was after the CEO said that SOYO's business is solid and that the comparison with BRLC was incorrect and completely off base:

http://stockcharts.com/charts/gallery.html?soyo

- 6 Forward PE....0.3 PEG....0.3 P/S....$40M Market Cap....$140M 2008 revenues....10- 12c/share 2008 Net Income expected.

- 3 year revenuew growth has been in double digits. For 2008 the company expects 30% revenue growth and 100% net income growth. SOYO reported $110M in revenues and almost $4M in net income for 2007 . For 2008 the company expects to deliver $145M in revenues and $6M in net income despite the state of the economy. SOYO's market cap is about $30M.

Even with recent gains, SOYO is still trading at 6 forward PE and 0.3 PEG based on 2008 guidance... and a very low price to sales ratio of 0.3 for a company growing revenues at double digit rates and growing net income at triple digit rates.

:

http://biz.yahoo.com/pz/080519/142959.html

- SOYO is nexpected to experience significant growth with the Honeywell line of HDTVs and other consumer electronic products. 

- SOYO will likely start issuing a number of press releases telling investors wich electronic retail chains will be carrying the Honeywell line of consumer electronic products. It is also widely expected that they will be making an announcement ahout the launch of the Honeywell HDTVs next week before or after the Annual Shareholder Meeting on Monday, August 4, 2008.

- SOYO has a 6.5 year licencing deal with Honeywell for over a dozen consumer electronic products including HDTVs, LCD monitors, etc.. The compalete list is at the bottom of this post.

- The company is moving to a larger HQ/warehouse building to keep up with expected short and long-term growth.

- A company exec stated last week that they expect to add 25% more personnel in the next 12 months.

- The CEO and CFO own 50% of the company. Back in May the CEO and CFO bought 1.5M shares at $1.25 in a private placement. The stock was trading at 75c at the time.  The CEO and CFO have returned to the company 600,000 shares each that they were awarded in 2007 to minimize dilution.

SOYO is getting ready for a step change in growth with the launch of the Honeywell line of HDTVs next week. To accommodate the expected growth, the company announced on July 15 that it is moving its headquarters/warehouse into a nearby facility twice the size of the existing one. A local newspaper in Ontario, California said last week that SOYO expects a 25% increase in manpower in the next 12 - 18 months. SOYO is unique in the current economic climate because it is expanding and adding personnel.

SOYO reported $110M in revenues and almost $4M in net income for 2007. For 2008 the company expects to deliver $145M in revenues and $6M in net income despite the state of the economy. SOYO's market cap is about $30M.

Even with recent gains, SOYO is still trading at 6 forward PE and 0.3 PEG based on 2008 guidance... and a very low price to sales ratio of 0.3 for a company growing revenues at double digit rates and growing net income at triple digit rates.

SOYO is us uniquely diversified, and this is mainly the reason for its strength even in challenging economic conditions. The company manufactures LCD monitors, HDTVs, portable storage devices, and Bluetooth devices. last year 55% of its revenues came from LCD monitors, followed by HDTVs with 37%, and the balance for all other products. SOYO is regionally diversified as well....71% revenues from the US, 16% from Canada (primarily WalMart Canada), 9% in growing Latin America, and the rest elsewhere in the world. Price-wise SOYO covers the entire range from the inexpensive Prive LCDs made exclusively for WalMart Canada, to the mid-tier SOYO HDTV, and now the tier-1 Honeywell HDTVs. Its popular LCD monitors range from the $100's to the $500's for a top of the line 26" monitor.

The Honeywell line of consumer electronic products will become growth engine for years to come. Honeywell is a strong brand recognized all over the world.

SOYO has said that they might acquire profitable companies in the space that can make other things that they don't make to expand the Honeywell product offering. They plan to do that soon after moving to the AMEX. Take a look at all the products that SOYO is allowed to design/manufacture/market bearing the Honeywell brand:

LCD monitors and televisions, front and rear projectors, home audio and video DVD equipment (receivers, AMPS, tuners, VHS recorders, DVD players and recorders, clock radios, bookshelf systems, speakers, and audio intercoms),portable audio/video DVD equipment (boom boxes, portable CD/DVD players, MP3, MPEG, camcorders, and digital recorders), and accessories for television monitors and audio-visual products (cables, surge protectors, Bluetooth, antennas, headphones—wireless and wired, remote controls, and multimedia speakers), IPOD and PC accessories (including portable hard drives and flash drives), wall mounts, set-top boxes, and PC embedded boxes.

Here is more info about the 6.5 SOYO-Honeywell licensing agreement:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=23858842

 
About SOYO Inc.

SOYO, Inc. is a global provider of Computer, Consumer Electronics, and Home Theater Furniture products and services. SOYO sells it products under the following brand names: SOYO http://www.soyo.com, Honeywell http://www.honeywellce.com, Prive http://www.privedisplays.com, Le Vello http://www.levellofurniture.com and Dragon. Headquartered in Ontario, Calif., with sales offices in Latin America, SOYO sells its products through an extensive network of authorized retailers, distributors, and ecommerce companies. For more information about the company and its products, please call 909-292-2500 or visit our Web sites.

[52 windsor deluxe]

looks...like..we...won't..see...any..action..until.....the...last...hour..of...trading...today...because..of...the...shareholders...meeting......  .....

[vivaviagra]

***** SOYO HIGHLIGHTS:

- DOUBLE DIGIT REVENUE GROWTH...TRIPLE DIGIT NET INCOME GROWTH

- STRONG 2008 GUIDANCE

- SIGNIFICANT GROWTH...MOVING INTO A LARGER FACILITY....PLANS TO ADD 25% MORE MANPOWER...

- INCREASED NAME RECOGNITION:

New national channel JR.com, with a huge store in downtown New York, is advertising several SOYO HDTVs in the New York Times.

http://www.jr.com/soyo/pe/SOY_SYTPT3727AB/

http://www.jr.com/soyo/pe/SOY_SYJCP32B1AB/

- INSIDERS OWN OVER 50% OF O/S SHARES and KEEP BUYING

SOYO is getting ready for a step change in growth with the launch of the Honeywell line of HDTVs this month. To accommodate the expected growth, the company announced on July 15 that it is moving its headquarters/warehouse into a nearby facility twice the size of the existing one. SOYO expects a 25% increase in manpower in the next 12 - 18 months.

SOYO reported $110M in revenues and almost $4M in net income for 2007. For 2008 the company expects to deliver $145M in revenues and $6M in net income despite the state of the economy. SOYO's market cap is about $40M.

SOYO held an open house for sharehoders and investors on August 4, 2008 and showcased the initial Honeywell product offering (the larger HDTVs up to 82" with a 120,000:1 contrast ratio will be launched in the September/October time frame per the last CC) :

* 42" and 47" Full High Definition LCD TVs

* 60" Plasma High Definition TV

* Widescreen LCD Monitors in 19, and 22 inch sizes

* 1.8 inch USB Compact SecuraDrive Hard Drives in 80, 120 and 160 gigabyte sizes

* SecuraDrive direct USB Hi-Speed Credit Card Size Hard Drive in 60 and 80 gigabyte sizes

* SecuraDrive USB Hi-Speed Portable RFID Hard Drive with Wireless Security Key featuring AES 128 bit data encryption in 160, 250 and 320 gigabyte sizes

* Airlite 740 Bluetooth Wireless Headset; featuring Bluetooth 2.0 EDR & DSP technologies compatible with most mobile phones, PCs and PDAs

* Airlite 900 Bluetooth Hands-Free Portable Speakerphone car kit for cell phones featuring Ultra slim credit card size and Bluetooth 2.0 EDR & DSP technologies that attaches to the sun visor.

Overall, Honeywell should be truly impressed and proud with what SOYO has been able to accomplish in little over a year since they signed the 6.5 year licensed agreement. SOYO will announce shortly which national chains will carry the Honeywell products listed above.

SOYO is us uniquely diversified, and this is mainly the reason for its strength even in challenging economic conditions. The company manufactures LCD monitors, HDTVs, portable storage devices, and Bluetooth devices. last year 55% of its revenues came from LCD monitors, followed by HDTVs with 37%, and the balance for all other products. SOYO is regionally diversified as well....71% revenues from the US, 16% from Canada (primarily WalMart Canada), 9% in growing Latin America, and the rest elsewhere in the world. Price-wise SOYO covers the entire range from the inexpensive Prive LCDs made exclusively for WalMart Canada, to the mid-tier SOYO HDTV, and now the tier-1 Honeywell HDTVs. Its popular LCD monitors range from the $100's to the $500's for a top of the line 26" monitor.

The following is the entire Honeywell product list that SOYO is allowed to design/manufactiure/market per the existing licensing agreement:

LCD monitors and televisions, front and rear projectors, home audio and video DVD equipment (receivers, AMPS, tuners, VHS recorders, DVD players and recorders, clock radios, bookshelf systems, speakers, and audio intercoms),portable audio/video DVD equipment (boom boxes, portable CD/DVD players, MP3, MPEG, camcorders, and digital recorders), and accessories for television monitors and audio-visual products (cables, surge protectors, Bluetooth, antennas, headphones—wireless and wired, remote controls, and multimedia speakers), IPOD and PC accessories (including portable hard drives and flash drives), wall mounts, set-top boxes, and PC embedded boxes.


NOTE: I have incorporated a few comments from other posters here and I hope that is OK. My comments are based on my DD and I believe they are for the most part correct. It should be noted that I am making some assumptions based on comments made by SOYO management in e-mails, CC notes, and filings. Please always do your own DD before you invest.

[iamonfire]

Cool!! THe earnings date/CC for 2Q 2008 is set for August 14, 2008 AH.

Next week will be interesting. SOYO is ready for the next move up after consolidating jn the 75c  -  85c range for a week.  If they aanounce the launch of the Honeywell HDTVs SOYO will fly on high volume

[vivaviagra]

HUGE SOYO $0.72 NEWS TODAY!! PREFERRED IS CONVERTED AT $1.2/SHARE!!..

The $3.5M preferred B was officially converted at $1.20/share and announced today :

NEWS TODAY>>>>

12-Aug-2008

*** Entry into a Material Definitive Agreement:

http://biz.yahoo.com/e/080812/soyo.ob8-k.html


Item 1.01 Entry into a Material Definitive Agreement
On August 7, 2008, the Company reached an agreement with the independent 3rd party that owned the Class B preferred stock to fix the conversion of the Class B preferred stock to common stock at 2,750,000 common shares. With the mandatory conversion date less than six months away, recent volatility of the Company's share price, weakness in the stock market and perceived market uncertainty, the Company believed it was prudent to fix the conversion at this time. Based on these factors, the Company believes that it made a very favorable deal.

Now this is clear to me.....

SOYO management and the big SOYO stockholders like Andy Chu  (SOYO Taiwan CEO, brother of SOYO CFO Nancy Chu, and owner of the $3.5M preferred) who just converted $3.5M into 2.75M shares, want to send the market a message loud and clear.....SOYO IS AND WILL BE WORTH MORE....A LOT MORE THAN $1.2/SHARE soon.

To recap,  Mr. Andy Chu converted at $1.2/share to minimize dilution when he could have done it at 40c/share less than a month go. Then we have CEO Ming Chok and his wife CFO Nancy Chu each paying $1.25/share for 1.5M shares in early April 2008 while the stock was trading at 75c/share. Why would they willingly lose all that money, or leave so much money on the table??....because they know like many of us do that SOYO will be a multi-bagger.

To give you another example on how carefully they manage the share count, the CEO and the CFO each returned to the company 600,000 shares awarded to them for 2007 options. That's is an avoidance of a 3% dilution. Where do you ever find that type of responsible management in any exchange in the world? Very few companies are managed as ethically as SOYO.

SOYO will report earnings on 8/14/2008 AH. Stay tuned because SOYO is fixing to give the market a major surprise in positive financial results and announcements related to the launch of the new line of Honeywell HDTVs (up to 82" with a 120,000:1 contrast and various technological advances at a fractions of competitors Sony, Samsung, LG).

SOYO has a 6.5 year agreement with Honeywell to design/manufacture, sell over 20 consumer electronic products ynder the Honeywell brand name. SOYO already has Honeywell LCD monitors, portable storage devices, and Bluetooth already for sale on its website and other online vendors. It is expected that SOYO will announce shortly which national electronic retail chains will carry the brand. The stock could fly to $2, $3, etc if the announce a major chain like Best Buy, or Circuit City, or Fry's, etc.

SOYO is moving to a larger headquarters/warehouse next month and will add 25% workforce to keep up with the expected growth after the Honeywell launch.

[vivaviagra]

Excellent CC yesterday....the key point is that $40M financing is in place pending a couple,of issues that the company is already addressing as we speak.

For every $ that SOYO can spend from its upcoming financing, it can leverage it into $5 in revenues. This in not a secret if you know about this industry.

OK now...with that in mind....if we assume that the total package (main and junior loans together) is about $50M...that's about $250M extra revenues or an additional 10/share net income!!

Family members and close SOYO associates are putting together the $10M - $15M junior equity required by the bank to release the new $40M conditional loan on the table (in great terms according to yesterday's earnings call...see below). Soon SOYO will be able to count on an extra $50M - $55M to fuel growth with the new financing.

The current guidance does include new financing by the way.

Just take a look at Take a look at SOYO's history to appreciate the pattern of responsible management. It was the CEO, CFO, and other family fiends that put up a lot of money to increase the company's borrowing power to where we are today. 2 years ago the CEO/CFO put $6M of their own money as collateral to increase borrowing power to $20M. 3 months ago the CEO and FCO together bought 1.5M shares from the company at $1.25 to help finance the initial Honeywell launch (at the time the stock was trading at $0.75. Last week the CFO's brother and owner of the preferred B converted his $3.5M investment in the company into 2.75M shares or $1.2/share. The CEO and CFO each returned 600,000 shares to the company for 2007 options to minimize dilution......and this goes on and on.....there is no other publicly traded company ran more ethically and responsibly than SOYO.


This is from yesterday's earnings call:


Financing

...."Looking at our financial statements for the six months ended June 30, you will see that our financing costs have tripled from the same period a year ago. This occurred because our top line revenues continued to grow rapidly, which caused us to fully occupy our current credit facilities. As a result, we have had to use non-conventional and more expensive financing to fill our customer orders. This non-conventional financing enabled us to maintain top line growth, but negatively impacted our profits. We anticipated this and have been looking for and negotiating for increased credit facilities for almost a year now, but without success.

A few weeks ago, we made an agreement with a large money center bank on a financing package that exceeds $40 million. We believe this agreement is on very favorable terms to us, however the agreement is subject to certain conditions such as improving our financial leverage and bringing in another $10-15 million in junior debt or equity. Once we close the deal on the junior debt or equity, we will close both financings simultaneously. Once that occurs, we will be in a position to finance our continued growth and the Honeywell roll out at substantially better terms. We will have further announcements as the situation develops...."

[52 windsor deluxe]

whew....i...was..able...to...get...out...at...what..i..bought...at....70...cents....i...feel...lucky... ...i...still...like...this...stock.....i'll...buy..it...later...at...a..lower...price...

[vivaviagra]

Also during the conference call, management listed a growing number of retail outlets both in the United States (including Office Max, Comp USA, J&R, Rex, Datavision) and Canada (including Staples, Costco, Canadian Tire,  and WalMart) that are or will be carrying its products. The retail stores in Canada exceed  1000 with Canadian Tire being the largest chain with over 450 stores. Canadian Tire is similar to Target.

Regarding the Honeywell brand they said that there will be at least one initial big box retailer ...SOYO's Director of Sales mentioned that one of the following will, but did not want so say which one until the negotiations are completed.....Kroger, Target, Sears, Fry's, Best Buy...hmmmmmmm

[vivaviagra]

Mr. Eric Strasser, the financial consultant that did most of the talking in the 2Q 2008 conference call has a real impressive background having played key roles at Intel.

Here is the link for the 2Q 2008 CC:

http://www.soyo.com/content/downloads/155/&download_category=Investor+Conference+Call&back

Here is his background:

http://www.linkedin.com/pub/0/71b/98a


Here are some highlights about Mr. Eric Strasser background:

Digital Media Content Strategy & Business Development
Intel Corp

March 2006 — January 2008 (1 year 11 months)

• Responsible for the global digital content strategy supporting Intel's 'Digital Home' initiative across desktop, mobile and hand-held form factors.

• Collaborate with extended technical, sales and marketing organizations to further emerging online media business opportunities including promotion and co-revenue generation within consumer markets.

• Create programs that drive affiliation between broadband-enabled services (ex: Yahoo, AOL, NBC, Movielink) and hardware usage models; utilize value proposition to increase sales of Intel technologies through OEM distribution channels.


Partner Development – APAC Region
Intel Corp

January 2004 — March 2006 (2 years 3 months)

• Asia-wide responsibility for developing and directing strategic alliances with companies that positively contribute to demand creation, brand image and new market expansion.


Retail Channel Marketing
Intel Corp

July 2001 — January 2004 (2 years 7 months)

• Successfully executed key initiatives within consumer channels worldwide to accelerate adoption and sell-through of Intel-based products.


Sr. Product Marketing Engineer
Intel Corp

May 1999 — June 2001 (2 years 2 months)

• Provided marketing direction for an Internet-related consumer product.



Eric Strasser's Summary:

• Setting marketing direction and long-range strategic planning
• Brand management, new product category development and achieving related industry ecosystem support
• Market expansion, partner programs and affiliate co-marketing techniques
• Developing and executing online, print and direct marketing campaigns
• Managing OEM, reseller, agency and other third-party relationships
• Channel sales retention and development programs
• Trade shows, industry events and corporate sponsorships
• Primary and secondary market research
• Extensive experience working across vice president and director levels of management.


Eric Strasser's Specialties:

Online Media, Web-Based Services (Web 2.0), Partner Marketing, Channel Expansion, New Business Development, Product Management