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Novation Companies, Inc. Message Board

  • rooky_is_lucky rooky_is_lucky Feb 27, 2013 7:03 AM Flag

    What catalyst will it take to get NOVC stock moving?

    One would think that partnering with a company like Western Union might have some impact on NOVC stock price, but NO?

    How about the purchase of CorvisaCloud for a measly 800K, and ALL the potential it offers businesses around the world?

    What about the fact that Streetlinks has carved out a niche in the appraisal market and has grown its business from 15 employees to over 500 eimplyees, and grown revenues from less than 5 Million dollars annually to over 200 Million today? And don't forget, they've done this all in just 4 years.

    If theres one conselation for me in "averaging down" and buying/owning preferreds that converted to common, its the fact that I'm holding a whole lot of shares that have a whole lot of potential.

    Also, if it weren't for the FACT that I once owned a whole lot of stock in another "turnaround" company in 2003
    (Health South) that I became similarly familiar with, that went from .83 to 1.83 in just one hour (from 3:00PM to 4:PM) on July 3, 2003, I may have given up on NOVC by now.

    If you do your own due diligence, I think you'll find that owning shares in NOVC is NOT like buying a lottery ticket, but more like a professional gambler who knows when to hold 'em and knows when to fold 'em.

    I'm not sure what the exact catalyst will be, but I KNOW I'm in some pretty good company that I believe are smart enough to know when to hold 'em, evidenced by the FACT that NO ONE is selling.

    Rooky
    aka
    Richard Morris
    Va. Beach, Va.

    I wouldn't know from my due diligence and research that the same sort of thing can happen to NOVC.

    Sentiment: Strong Buy

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    • The answer to this one is easy: it will take earnings. Real earnings.
      The present value of any asset (including companies) is the present value of the future cash flows that the asset throws off. Since the discount rate is determined by the certainty of the future cash flows, assets with highly uncertain future cash flows have a low present value.

      It seems clear the market is currently waiting for NOVC to "show them the money". Thus far they have not done so. The company has an extra hurdle to overcome in convincing the markets due to its disasterous history.

      If the company demonstrates and ability to GENERATE cash flows FROM OPERATIONS, then the price will rise at that point.

      It is important to note that generating positive cash flows can be very, very different from having a rising cash account. Rising cash with simultaneously decreasing book value and negative operating margins is a negative, not a positive. In the aggregate market partticipants are not so stupid as to make no distinction.

      Good luck all.

    • Rooky,
      Right now, we have one entity that is consitantly makiing money and getting market share. That, and the potential of the other divisions, make the company a buy for me.
      At such time another one or two of the divisions start to look more like Streetlinks, I think the share price will increase significantly and quickly. Just my opinion.

      Sentiment: Buy

      • 1 Reply to mfeldman402
      • Mike.......while Novation has been able to grow Streetlinks into a profitable company despite the margins (margins expand and contract in ALL businesses), I think you're right about a second subsidiary needing to become profitable before Wall Street takes notice.

        I'm hoping that second subsidiary will be Advent who just partnered with Western Union. Even though Advent just partnered with Western Union, I think that partnership opens all sorts of opportunities for Advent to grow the pre-paid part of their business model.

        On another note....the manipulators with the help of professional bashers have been able to keep NOVC in a very tight trading range for almost a year (also note the bid and ask are both .55, virtually unheard of for a pink sheet stock)

        For me, this is a sign that NOVC could blow at any time, proving the bashers agenda and sole purpose for being here.

        Thats all for now....stay tuned while Novation and its subsidiaries continue to make measurable progress.

        Rooky

        Sentiment: Strong Buy

    • "If you do your own due diligence, I think you'll find that owning shares in NOVC is NOT like buying a lottery ticket, but more like a professional gambler who knows when to hold 'em and knows when to fold 'em."
      Rooky you're not lucky you are laughable. You are so full of #$%$ it is coming out of your ears.

 
NOVC
0.30+0.04(+15.38%)Apr 17 3:55 PMEDT

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