Northpointe Capital is new to the list with 12/31 holdings of 390k shares. This is a new position for them. We'll see if there are more newbie's as more yearend filings are made.
I'm looking for another strong report:
Revenues: $17.8 million (25% Y/Y)
Fully Diluted EPS: $.23 vs. $.19
I think this should push the share price up to the mid-teen (15 - 17) over the next few months.
Sometime before the end of the month. Management needs to realize they need to be more communicative with shareholders and the investment community.
Actually 2.60 is showing better resistance. But that won't last too much longer. I'd say this time next month, we'll be saying good support.....
C&C Opening an office in area could pay off:
"Missouri's Kansas City Power & Light Company (KCP&L) has become one of the latest electric utilities to become actively involved in the electric vehicle charging business. On Monday the utility said it would install and manage over 1,000 EV charging stations, which would rank it as the largest utility-owned and operated network in the country."
From this morning: "SUGAR LAND--February 23, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Investor-owned U.S. electric utilities and transmission companies continue to invest billions of dollars in capital expenditures in 2015, and this trend will continue into the foreseeable future in order to modernize and increase capacity of the nation's aging electrical grid."
Sentiment: Strong Buy
From cc Transcript: "First, in Indiana our plan to invest $1.9 billion in T&D Infrastructure over seven years was filed under state legislation. Hearings were held last month and a decision is expected in mid -2015."
Unfortunately you see a lot of companies that don't make (or very little) money, yet their stock goes thru the roof. Just look at AMZN.
"According to Davis, the company has plans for expansion; the team is looking ahead to the ever growing
development and hardening of the electrical infrastructure system throughout the continental
United States, with the newest projects coming down the pipeline for the next 10 to 15 years."
Sentiment: Strong Buy
Few things I'd like to see in Q4 that would be positive going forward:
1. Very little to no "non-recurring" charges (ie: Weather, Mine Cleanup, etc)
2. Record revenues ($26 million or more)
3. Electrical Construction margins of at least 26%.
4. EPS of at least $.08 - $.09
5. Continued growth in Backlog vs. Q3. At least as much as Q4 revenues (Book/Bill ratio of =1).
Sentiment: Strong Buy
Nothing to sugar coat here. Increased revenues don't mean much when they can't bring it to the bottom line. To many "recurring" issues with this company. I think all the gains we've seen in the stock over the last few months will be taken away very quickly.
Appears CLRO is starting to get some attention. Expecting 4th qtr. numbers to be great.
CLRO to be on Sale until.....
4th qtr. results are announced next Feb. So you will have 4 months to start accumulating shares. With the lack of Institutional following of the company, there isn't much to promote the shares higher. And since retail investors look at the bottom line to judge a companies performance, CLRO has not shown up on their screens with earnings down this year vs. 2013.
But if you look closer, you see that the year over year earnings comparisons have been getting better each qtr. this year. Q1, they were down 33%; Q2, down 10%; Q3, down only 1%. At present, I am estimating the Q4 will be a fantastic report vs. 2013 fourth qtr. I'm looking for Revenues to again grow better than 25%, but the real kicker will be earnings growth of 35% or better. This is when CLRO will really start to get some notice and we should then see the share price start to increase to better reflect it's growth going into 2015.
But until then, the stock will most likely trade below 10, and thus allow investor currently following to accumulate before others catch on to the ClearOne story.
con't. "The utility's partners in providing the charging stations are Nissan and major charging station maker ChargePoint. Nissan, manufacturer of the Leaf EV, will pay for 16 EV fast charging stations and their power costs for two years. ChargePoint will provide the standard charging stations for KPC&L's Clean Charge Network."