Oct 31, 2007 TTT.net Updates
So i didn’t even sign up ttt.net for the bloggers choice running until around 20 days before the voting ended for the 2007 race. Voting has already begun for 2008 so hopefully ttt.net can make it in the top 10 this year.
If you enjoy my work here please take a few minutes and vote for TTT.net for the Bloggers Choise Awards.
Much Appreciation, Click the image below.
Oct 30, 2007 TTT.net Updates
Its been quite an exciting year for me and hopefully everyone who has followed my stock trades this year, as well as since i started this website. I’m not one to brag, but i mean 254% in 18 months and 107% in the first 10 months of 2007 make me wanna pat my self on the back and say “good friggin job Cameron ”
There is still 2 months left in the year, My goal is to hit 300% total return on portfolio by the Jan 1st 08′ which would entail a 135% return in 2007 which would be pretty satisfying. That means that i have to make $24k over the course of the next 2 months. This goal may be a little far fetch, i didn’t hit my goal last year of hitting 100% total return by Jan 1st 07′, Although note i started the portfolio 4 months into the year of 2006, meaning i had to make a return of 100% in just 8 months. I ended up not hitting 100% until April of this year, which entailed a 100% return in the 1st year of ttt.net’s inception. So far in the second “actual” year of tracking my trades here at ttt.net my performance is up around 76%. So i still have another 6 months to hit 100% return for the second year of TTT.net’s annual returns. That should be a walk in the park, i think we can hit 100% in the next 3 hopefully.
Anyways, enough bragging Maybe someday i’ll have enough money to grab Jessica Albas attention
I’d also like to thank all the members who contribute knowledge and expertise to the ttt.net community. As well for sticking around and supporting the TTT.net website. Lets keep it up. This website only gets better and better as we grow.
Oct 29, 2007 Small Cap Stock Picks
I went ahead and purchased a 1/2 position in WWAT.OB today at 2.20 on the breakout of the short term descending trend with a strong rally and volume confirmation to back it up.
Very bullish news was released this morning of a long awaited merger with entech solar which sparked a continuation in this stock providing us with an opportunity to capitalize on some short term gains.
This is mainly a speculative momentum play rather than a deep analysis with price target estimates.
WorldWater & Solar Technologies Corp. Signs Full Merger Agreement with ENTECH, Inc.
Monday October 29, 3:01 am ET
Construction of 50-MegaWatt Plant to Begin Immediately for Spanish Projects
EWING, N.J.–(BUSINESS WIRE)–WorldWater & Solar Technologies Corp. (WWAT), developer and marketer of proprietary high-power solar systems, and ENTECH, Inc. of Keller, Texas, a high- tech supplier of solar technology to NASA for space operations, announced today the execution of an Agreement and Plan of Merger pursuant to which ENTECH will merge with and into a wholly-owned subsidiary of WorldWater. Under the terms of the Agreement and Plan of Merger, WorldWater will pay the following consideration to ENTECH stockholders:
* $5 million in cash;
* Shares of common stock of WorldWater based on a formula which, assuming a $2.00 per share price of our common stock, would result in issuance to ENTECH stockholders of common stock valued at approximately $39,300,000; and
* Earn-out consideration calculated as 5% of WorldWater’s gross revenues determined in accordance with generally accepted accounting principles which will be paid until the accumulated total of such earn-out payments to the ENTECH stockholders equals $5,000,000.
In addition to the consideration to be paid to ENTECH’s stockholders, WorldWater will pay $1.3 million of ENTECH’s liabilities at closing and provide $5 million of working capital to commence the manufacture of the ENTECH 20x concentrator systems for a 50 MegaWatt plant in Spain. As a result of this transaction, it is anticipated that ENTECH’s current stockholders will own approximately 6.6% of the fully-diluted post-transaction common stock of WorldWater upon completion of the merger, which is conditioned upon obtaining the requisite stockholder approval to increase WWAT authorized common stock.
As a WorldWater subsidiary, ENTECH will maintain its identity, location, and business operations in both terrestrial and space solar energy. The Company anticipates that ENTECH will continue to perform its contract work for NASA, the U.S. Department of Defense, and other customers, as well as its internal R&D programs.
Starting immediately, the company will begin construction of a 50 MegaWatt plant in Spain, which is expected to be in full production of the ENTECH 20x concentrator solar systems beginning in the second quarter of 2008. WorldWater has signed a Letter of Intent with the Spanish firm M & G Promociones for installation of ENTECH systems for 10 MW in 2008, 10 MW in 2009, 10 MW in 2010 and 50 MW in each of 2011 and 2012. WorldWater also has signed an agreement with Prime Solar Senergy S.L. of Madrid and Barcelona to represent the company in obtaining further business in the burgeoning Spanish solar market.
“This complex merger has taken considerable time since we signed the original Letter of Intent in July 2006, and I appreciate the patience of our shareholders and employees, but we firmly believe that the transaction will prove to be a pivotal point in our company’s history. Together, we expect to become one of the lowest cost providers of solar energy in the world,” said Quentin T. Kelly, Chairman and CEO of WorldWater & Solar Technologies. “This year, we’ve seen explosive interest and tremendous growth opportunities in large solar installations, particularly in places like Spain and the Southwestern United States, and we are now in a position to take the lead in providing multi-megawatts of electricity for major projects.”
Dr. Walter Hesse, CEO of ENTECH, commented, “With the combined technologies of WorldWater and ENTECH, our solar systems will be capable of generating and delivering electrical and thermal energy on site to our customers at prices that are competitive with retail electric levels. ENTECH’s 20x patented concentrator technology combined with WorldWater’s proprietary control devices allow for the installation of large solar ‘farms’ with greatly reduced requirements for solar cell materials, and decreased reliance on or other incentives for the funding of economically competitive installations.”
Oct 28, 2007 Small Cap Stock Picks
CDS has made quite an impressive run since i first wrote an article on this in May when it was trading in the $3/share range. After trading this sucker for a 151% gain things have cooled off a bit and healthy consolidations have taken there course. Technically price action had a solid 9.69% rally on friday with slightly above average volume breaking out of its symmetrical triangle pattern signifying a continuation in upward movement. The current bullish trend is very strong as price is riding the 13ema trend indicator. Fridays session again solidified this trend as price bounced strongly off this support area.
Analysts are expecting eps of .67 for CDS for the year of 2008 which is a solid 42% increase of the current year of 2007, revenues are expected to inrease 82%. The management services industry is trading at an average of 27x earnings while CDS has a forward P/E of just 16x earnings. Given these estimates we could expect CDS to be trading and fairly valued within its industry around $18/share. I think the current technical situation along with solid fundamentals and growth provides us with an opportunity to capitalize on some solid percentage gains.
Oct 26, 2007 Bullish Stock Charts
TNRO – TIME FOR A REBOUND?
ERFW – SETTIN UP FOR ANOTHER BIG BREAKOUT?
TGIC – SHORT SQUEEZE?
CFC – Country wide surges on Q4 outlook
Oct 26, 2007 Small Cap Stock Picks
About China Agritech
China Agritech is engaged in the development, manufacturing and distribution of organic liquid compound fertilizers and related products in the People’s Republic of China. The company has developed proprietary formulas that provide a continuous supply of high-quality agricultural products while maintaining soil fertility. The company sells its products to farmers located in twelve provinces of China including: Heilongjiang, Hebei, Liaonong, Jilin, Shandong, Inner Mongolia, Henan, Sichuan, Guangdong, Xinjiang, Yunnan and Guizhou. For more information visit http://www.chinaagritechinc.com .
Yet again we find ourselves in a position for speculation in where? None other than China. Fertilizer stocks rallied across the board today with Canada’s Potash leading the industry hitting record highs Thursday to close at $114.58 after reporting a 67% rise in earnings as demand for fertilizer is rising in developing countries. “Fertilizer producers continue to post impressive results, as agricultural conditions globally are very strong,” Goldman Sachs analyst Edlain Rodriguez wrote in a client note.
CAGC.OB was fairly stagnant in price action for the past year until they released a positive PR Oct 9th stating they inked a deal with the largest fertilizer distributor in China worth an estimated $7.9m in revenues. This News sparked a huge rally from 2.80 to a high of 6.25 in a matter of just 6 trading sessions. Though it wasn’t just the PR that was responsible for the impressive rally. Many of these Chinese stocks have been virtually unknown to traders and investors with low average trading volumes. A single spike in volume grabs a lot of attention from investors/traders which leads to more research and yet again we find a dirt cheap Chinese stock trading way below the industry averages.
CAGC released some record earnings results early this summer in August even despite a decrease in revenues due to droughts and floods that affected major farmland areas in China. Second Quarter Highlights are as follows:
Second Quarter Highlights
– Gross profit increased 7% year-over-year to record $5.8 million
– Gross margin increased 570 basis points to record 58.3%
– Net income increased 26% year-over-year to $2.6 million
– Fully diluted earnings per share increased to record $0.14
Fundamentally CAGC looks great as well with strong year over year growth and a positive outlook for the remaining quarters to be reported of 2007. CAGC.OB expects to report $46-48m in revenues on $8.4-8.6m. This guidance entails a huge year in growth for CAGC over 2006 increasing revenues by 62% and earnings by 60%. From 2005 to 2006 earnings grew 47% so CAGC is growing at a very substantial rate. I would say that CAGC conservatively could grow another 50% into 2008 given its continued accelerated growth which entails income of $13.6m in 08′ or .55eps. The Agricultural Chemicals industry is trading at a 27x earnings multiple currently while CAGC.OB is around 1/2 that multiple with a current P/E of just 14.7x earnings. Even more impressive, if CAGC.OB is able to sustain my estimated 50% growth in 2008 this gives them a dirt cheap forward earnings multiple of 9.63x earnings. With earnings of .55 for 2008 we could theorize a future fair value in its industry around 14.55 found by multiplying the the Industries average earnings multiple of 27 multiplied by CAGC’s earnings estimate of .55.
Technically this stock looks set up for another potential major run. After its huge 100%+ gain in a matter of a week, a healthy consolidation period has occurred which allowed the 13ema trend support to catch of to price action and form a base. Thursday price rallied 10% off the 13ema breaking out of its short term consolidation pattern. I believe CAGC should be breaking out to all time highs above 6.25 in the near future and i want to be along for the ride.