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Metropolitan Health Networks Inc. Message Board

dickmilde 32 posts  |  Last Activity: 17 minutes ago Member since: Jan 2, 2000
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  • dickmilde by dickmilde 17 minutes ago Flag

    Go to the SLP web site and select "Events" and then " Conferences ". The SLP scientists will be attending 8 sessions this month... That's averaging 2 per week. There is something new as well...

    "March 7-14 - IEEE Aerospace Conference 2015 in Big Sky, MT. Simulations Plus will be attending and presenting the following papers:
    "Near Real-time Characterization of Unknown Missiles in Flight Using Computational Intelligence"
    "Rapid Calculation of Missile Aerodynamic Coefficients Using Artificial Neural Networks"
    And that's not all... Looking under the " Workshops " section there is a long itinerary all the way into October.
    SLP continues to grow.

  • dickmilde dickmilde Feb 14, 2015 4:31 PM Flag

    There was a lot of discussion at the time that the dividend was being considered. If I remember correctly the general consensus was that investors wanted Walt, the CEO, to use the money and his management skills to grow the company faster instead. I believe that Walt gave that route serious consideration given the fact that he has constantly been in discussions with potential acquisition candidates. The reason that there have not been more business acquisitions is because the criteria that has been set for a good fit makes them very difficult to find. Not only does the business need to " fit " the SLP model but it must also be available at a reasonable price and have promise to add to sales and earnings of the core SLP business. Walt is very conservative, which is evident by looking at the financial results. Prior to the Cognigen acquisition there were only about 23,000 shares issued for growing the business. Still today there is zero debt.
    OK... So why not just hire a bunch of PhDs and tell them to go to work on growing the business. I'm certain that if it were that simple Walt would jump at the chance. The problem is the required set of skills necessary to produce the SLP offerings... A basic requirement is a person with a detailed understanding of chemistry, a serious dose of biology along with the math and analytical skills AND the ability/desire to create software models that produce meaningful results. SLP almost always has employment openings available for engineers and chemists that have the required skills... they are far and few between. And suppose that they could actually come up with a significant number of chemists that posses the required skills... As the saying goes... You can't put 9 women to task to create a baby in one month.
    So... The way to return some of the good results to the share holders is via a dividend. I am confident that even with the dividend payment that SLP will continue to grow as it has in the past.

  • Key Investment Considerations:
    Maintaining Speculative Buy rating and 12-month price target of $8.50 per share.

    Search Taglich for the full report

  • Go to the SLP web site, click on the investors tab and select "Conference Calls".
    Ted Grasela. the president of acquired company Cognigen, provides an excellent presentation. It's good to see that he has come up to speed in such a short time. He seems to understand the nuts and bolts of the SLP business very well and will certainly make a positive contribution to the continued growth of the combined business. This business combination looks like a good move for SLP and provides an excellent opportunity for continued growth. SLP will be a larger company next year and patient investors should be well rewarded.

  • Reply to

    New products soon to come??

    by dvb6000 Jan 13, 2015 1:27 PM
    dickmilde dickmilde Jan 13, 2015 9:53 PM Flag

    There is a PowerPoint presentation filed at the SEC web site that lists some of the new products they are working on. sec.gov/Archives/edgar/data/1023459/000101968715000133/0001019687-15-000133-index.htm

  • Reply to

    A big THANK YOU to Walt and hs dedicated staff.

    by dickmilde Dec 29, 2014 4:40 PM
    dickmilde dickmilde Dec 31, 2014 9:54 AM Flag

    I've been invested in SLP since the early 2000's. Split adjusted the shares were around 25 cents. SLP is very consistent in growing sales and earnings, so as long as that continues there shouldn't be a "leveling off" Yes, there will be ups and downs but keep your eye on the big picture.

  • Up 4% today on a good volume increase. That's a good way to get ready for another year of positive results. SLP continues to all the right stuff...The team at Simulations-Plus continues to find ways to make the company more valuable. I expect we will see a larger company next year which should result in a higher valuation.

  • Reply to

    Annual sales growth 13.8% 4th Qtr growth 27.4%

    by dickmilde Nov 29, 2014 9:41 PM
    dickmilde dickmilde Dec 2, 2014 10:12 AM Flag

    It looks like that hasn't been updated yet... I'm expecting a little higher, closer to $4 million but, we don't know anything about seasonality yet for Cognigen,

  • It's a good time to be invested in SLP! The recent Cogingen merger will advance gross sales by almost 45% so we should see sales levels in excess of $18 Million per year. And there is a lot of stuff going on that is getting us into new markets... The new MembranePlus software, Dow Chemical Licenses Simulations Plus Software to Assist with Toxicology and Environmental Research, the AEROModeler and much more.
    " We believe the fundamental industry shift continues".
    The drug discovery business has hit a brick wall and can no longer use the old brute force method... They are in desperate need of help with new technologies to keep them going, and SLP is providing that need. Those that don't embrace the new way by using computer software to streamline their business will be left behind. As SLP customers sign up for new offerings and the enhancements to the existing tools, new customers will have to acquire the software as well in order to remain competitive. Also, It's not difficult to understand that if the FDA is using an SLP product to evaluate submissions that the company looking for FDA approval should be using SLP software ahead of any submission.
    I've been an investor since the dotcom bust around 2000-2001 and I've watched SLP grow from a market cap of less than $4 Million to over $100 Million ( that's called a 25 bagger ) and we are taking another big jump with the Cognigen acquisition. It's an exciting time to be here... I still have all my shares :-)

  • Remember this from the Q4 sales release on September 4...
    John DiBella, vice president for marketing and sales of Simulations Plus, said: “This new record for fourth fiscal quarter revenues is likely to be eclipsed by a substantial amount going forward as a result of our just-completed acquisition of Cognigen Corporation. In addition to the sustained growth of Simulations Plus over more than 10 years, we will now be adding revenues from our Cognigen division. Needless to say, this is an exciting time for both Simulations Plus and Cognigen.”

  • Another stock dividend... .05 cents per share to be paid on Nov 14. At an annual rate this comes to almost 3.5% per year... With current cash and receivables at almost $9 Million this leaves plenty of cash for continued growth. Not bad for this low rate environment that we seem to be stuck in.

  • This has been in development for a long time and SLP customers have expressed an interest for this product. We should expect to see positive financial results as this rolls out.

  • Reply to

    Why the drop 10/08 10 AM?

    by frogella213 Oct 8, 2014 10:34 AM
    dickmilde dickmilde Oct 8, 2014 11:12 AM Flag

    This started with a small sell of 2250 shares that the market makers did not support. More sellers added to the down draft. I am not aware of any news.

  • Reply to

    SLP is getting bigger.

    by dickmilde Sep 4, 2014 7:55 PM
    dickmilde dickmilde Sep 10, 2014 8:28 AM Flag

    The share price is very volatile and nearly impossible to predict over the short term. For a longer time frame... say a year or more... I am expecting higher prices. This is because I expect management to continue to grow the company. The recent acquisition gives us a larger company at a fraction of the value of the prior SLP valuation. I'm confident that management will turn this into a measurable positive outcome for SLP and that the results will be reflected by a higher share price. The PE may come down some but the overall growth will continue and shareholders should be rewarded with a higher share price.

  • Just released FY2014 sales are about $11.3 Million... Up 11.9%... 4th quarter was up even more. Going forward we will see the Gognigen sales as well so we can expect around $16+ Million for the next year. Good job SLP... A big THANK YOU to Walt and the entire staff.

  • Reply to

    Yes... There will be some dilution.

    by dickmilde Jul 24, 2014 4:47 PM
    dickmilde dickmilde Jul 30, 2014 7:45 AM Flag

    The surviving subsidiary is the "new" Cognigen that is created for the purpose of the merger. The "new" Cognigen is the entity that is created for merging into SLP and survives the "old" Cognigen... But, SLP will remain the parent company with Cognigen as a subsidiary of SLP. It sounds confusing but it's just a paperwork deal for the purpose of the transaction.

  • Maintaining Speculative Buy rating. Our rating is
    based on new contracts with two top-five pharmaceutical
    companies, expanded simulation software sales to
    consumer product companies (that manufacture products
    such as detergent, makeup, toothpaste, etc.) that need
    toxicology capability, the launch of MembranePlus
    software in August 2014, modest price increases
    beginning in the 2H14, and a March 2014 distributor
    agreement signed with the Research Institute for Liver
    Diseases in Shanghai, China.
    We forecast income growth accelerating from 5.7% in FY14 to 32.8% in FY15

  • Reply to

    Yes... There will be some dilution.

    by dickmilde Jul 24, 2014 4:47 PM
    dickmilde dickmilde Jul 25, 2014 7:04 AM Flag

    There has been an additional press release with the following...
    "As noted in the initial press release, Cognigen is a profitable company and the Company anticipates it will continue to operate profitably. Because Cognigen’s revenues come primarily from consulting activities, the margins are not as high as for Simulations Plus’ software offerings, but management anticipates net margins of approximately 10 percent going forward,"

  • But you need to see this in the proper context... Walt is effectively buying $5 Million in sales which is about 1/2 the current sales for SLP. But, it's only costing us $7 Million to get those sales. Or another way to look at this is that he is getting a 50% sales increase and only using about 8% of the SLP market cap to get it. And to Jbailey's point SLP is the surviving company NOT Gogingen.
    There will be some challenges with this. Cogingen is located in New York and SLP is located in California. Walt is not a stranger to business travel so this should be OK, never the less I like close better because it's easier to keep an eye on things. Another point worth mentioning is that Cogingen has about 35 employees compared to SLP's 30 employees. I expect that over time that we will see a higher sales per employee ratio. This will probably come from increased sales for the same number of employees. Walt has a long time habit of finding productive stuff for employees to be involved in :-)

    As a summary I see an increase in total profit but a slight decline in profit margins... This will be corrected over time.

  • Simulations Plus, Inc. (SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, today announced that it has entered into an Agreement and Plan of Merger (the “Agreement”) with Cognigen Corporation of Buffalo, New York.

    Pursuant to the Agreement, upon closing, Cognigen will become a wholly-owned subsidiary of Simulations Plus and will continue to operate under the Cognigen name. This will result in the total number of Simulations Plus employees increasing from 30 to 65, and is expected to add approximately $5 million to the revenues of the combined company in the coming fiscal year.
    Walt Woltosz, chairman and chief executive officer of Simulations Plus, Inc., said, “This is an exciting step forward for both Simulations Plus and Cognigen. Upon closing, management of the combined company will be comprised of individuals from the current management teams of Simulations Plus and Cognigen, including Ted Grasela, the current President of Cognigen. I will remain as Chairman and CEO.”
    Under the terms of the Agreement, Simulations Plus will pay the shareholders of Cognigen total consideration of $7,000,000, comprised of $2,800,000 of cash and $4,200,000 worth of newly-issued, unregistered shares of common stock of Simulations Plus.

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