I think their share count is off too. Should be 12M+. They forgot about the 800K warrants that were just exercised. Sloppy on their part. That would reduce price target to $3.70. Not much upside. Plenty of downside
Clean Diesel (CDTI) has announced the sale of 2.03 million shares of stock at a price of $3.40 and warrants for 0.812 million shares. Since these, and other, warrants do not count as share equivalents until the company reports a profit and the fully diluted share count is used we are assuming the new basic share count is 11.324 million.
We have adjusted the share count used to calculate EPS and Market Cap. and have reduced our target price from $5 to $4 to reflect the additional shares.
span, i told u all this stuff would happen; losses, going concern, dilution, CARB sales slower than thought. Now you see the light. Stop pretending.
funny how the analyst alluded to the NOLs as being the most valuable asset an acquirer would be interested in. Not the business. Not the patents. The tax loss carry forwards.
too bad CDTI is not located in NJ as NJ allows you to sell your NOLs to profitable companies.
well they added 3M shares and 800K warrants since then, so maybe not. You just got diluted by 25% after a 30% dilution last summer. At this rate, you are looking at 15M shares by year end.
Q1 and Q2 are both looking good. Would not be surprised if we are break even in Q1 and small profit in Q2
not enough consistent news flow. We get what, 2 article mentions a year? The marketing and PR department stinks.
On a GAAP basis, maybe 2-3 years.They have non-cash expenses like stock based compensation, amortization, and depreciation. Those are maybe 10c/quarter. On a cash flow basis, within 12-18 months. They will add to cash this quarter about $1.4M and maybe $500K next quarter. It all depends on when they can get China to be cash flow positive. China went from nothing to 8% of sales in less than 1 year.
Shorts are betting they never cover the dividend.
FYI - Cash burn on average has been about $1M/yr for the past few years.
you'll laugh, but mostly safe, boring, dividend paying companies
JNJ - pharma, medical devices, consumer products. around a 3% yield
AWK - largest us water utility, around 2.5% yield
CVX - 2 largest oil, gas, exploration, drilling, pipeline company. 3.4% yield
ADP - payroll processor. 2.5% yield
AAPL - Apple 2.3% yield
MO - Altria cigarettes, e-cigs, cigars, smokeless, beer, wine 5.3% yield
Have owned SBUX, MCD's, PEG but have sold out of those
2 small companies
CLCT - Collectors Universe. Grades rare coins, cards, autographs. Like Moody's or S&P. near 7% yield. Highly profitable, growing business. Great management. Just starting expanding in China. Has been one of my best performing stocks. Only have a small position now as I recently sold much during a run up.
IDSY - M2M company. sells wireless tracking devices for industrial equipment (fork lifts, cranes, heavy trucks, tractors, trailers, aircraft service equipment). If flight M370 had one of their devices, they would know where it was. Did you know that many people die at Home Depot (customers and workers) every year from fork lift accidents? IDSY's system can help stop that. Every WalMart tractor has one of their devices.
so no help in the next 6 months and a marginal improvement after that.
I'm not an Accura guy. I don't get the appeal. It's the same Accord engine and frame for $10K more. It's a suckers car.
looks like PSA pulled it out and did over 400K cards. They did not offer and sub $6 specials during the quarter but may have fulfilled some from the previous quarter. I think the PSA numbers will be on target for a small gain offer last years very good numbers.
Still sticking with 29c for the quarter
Don Willis' comments on the current Baltimore show was that show submissions were so large, they had to ship some coins back to CA for grading as they could not grade them all at the show. that means a good start to this quarter. Coin backlog is strong
so you sold shares right after you bought? What a liar. Why does anyone believe you? You probably can't find your way home from the electro shock treatment center.
bud, why don't you understand this? As the TLX comes online, the TSX goes offline. So there is an addition AND a subtraction. The net effect is ZERO. It was a P&D PR meant to raise the share price so as to lessen the dilution. They lost money last quarter. Looks like they will lose again this quarter. The 3rd quarter could be interesting. Possibly break even. I see no reason to stick around until then.
also tells me Lincoln Park wants no part of these guys. That deal will not be renewed. After losses last quarter and settlements, these guys have maybe $7M to get them through rest of the year.
There will be another equity raise.
not sure why they didn't do the deal before filing the 10K and getting the Going Concern.
It is entirely possible that the last quarter was a disaster and they needed this money ASAP. Otherwise I would expect a 10KA filing and no Going Concern.
This company has a long history of dilution, large losses, reverse split. Now over 12.4M shares. Suddenly the stock price does not seem so good here, does it?