I will tell you what will happen, nothing, this stock will be sideways up or down a penny or two, maybe even down more, until they get us some published papers on the automated multiwell process.
You all can seriously stop posting on this stock message board nothing here matters at all. there is only ONE thing that matters for NNLX... ONE THING
The published multiwell paper. SO when it comes out you better read it carefully. The fate of this company hangs on that paper, if they can't get that technology to work, it's over for them. if they can get it to work than they might be a billion dollar potential.
I gotta say though more dilution is likely than not. Especially if they need to start over with multiwell technology. So we might see a day of 200M shares
During last 1q ntsl pk added 3.8M in revs to netsols bottom line out of 11M in revenue 1q 2013.
This quarter ntsl pk will add over 5M to netsol's bottom line and netsol will capture a higher percentage of that revenue with lower minority interest.
Netsol set revenue guidance of 225-250M over the next three years, implying an average 3 year weighted 75M-83M per year.
I trust netsols guidance now because of their last two years guidance were spot on and beats.
Netsol forecast .80-1.00 eps for 2013 and came in on the top end of that range. They also forecast 46M-49M revs, then boosted that guidance to 47.5-49M revs, and came in at 50.1M revs.
Bottom line I have confidence in netsol's internal rev guidance.
Using simple math we can generate a smooth rev forecast based on the 75M-83M 3 year rev forecast.
The lower end brings in 23% rev annual yoy growth for 3 years.
The upper end brings in 30% rev annual yoy growth for 3 years.
Netsol pk 5M+ USD vs 3.8M USD last year is a 31% yoy gain setting netsol above their internal guidance. A very nice start for 1q 2014!
If NTWK as a whole fails to replicate netsol pk results, and comes in on bottom line revs guidance 11.072 x 23% growth, brings netsol to 13.6M revs for 1q 2014.
I am only myself will be more than happy with 12.4M revs, or only 12% total growth since they are putting less pressure to sign deals to get higher margins, it may be the case the first few quarters will fall under internal guidance during negotiations of large deals. That's why I put netsol 1Q guidance forecast under their internal 3 year guidance. But only short sighted investors would see this as a negative, long term investors will appreciate netsols forward planning in maintaining and growing margins.
Also of positive not netsol pk during conference noted that they had signed several new chinese deals, and despite traditionally weak 1Q had still their strongest ever pipe line and that they have received a# unsolicited inquiries for services.
Acadian Asset Management LLC 137,580 +5,804 09-30-13
Cadence Capital Management LLC 90,648 +90,648 09-30-13 NEW!
Perritt Capital Management Inc. 90,000 +90,000 09-30-13 NEW!
Russell Frank Co 57,872 0 09-30-13
James Investment Research, Inc. 57,550 +4,720 09-30-13
LoCorr Fund Management, LLC 39,600 +31,800 09-30-13
blood bath, i am so sorry shorts for what is about to happen to you. My condolences ahead of time.
Leasinglife 'The journal for asset finance.'
4 November 2013 by Mike Cobb
Virtual Lease Services (VLS) the commercial finance and leasing specialist has been assigned an asset backed securities servicer rating of ABPS3- by Fitch.
Jointly owned by IT company, Netsol Technologies, and Investec Bank Ltd, VLS provides vendor services and consultancy services to the asset finance market.
The rating awarded by Fitch is just two above the lowest classification and reflects the secondary role of the company as a manager of credit driven portfolios, according to Fitch.
The ratings agency criticised VLS for its lack of internal audit and quality control. It noted that the two owners were currently improving their audit of the company, but was critical that there was no formal internal structure within VLS.
Also coming under criticism was a limited staff training programme. It described the current offering as 'on-the-job' with only one annual formal training course offered in Anti-money laundering. It did acknowledge that VLS had plans to change this and introduce an annual training scheme and Fitch said that this move would be 'viewed positively' in future.
More positive was Fitch's opinion on the cash management controls within VLS. These were considered strong with an 'excellent' reporting process.
Also praised was the technology platform which, provided by co-owner Netsol, was highly supported and undergoing a significant upgrade.
Louise Ikonomides, VLS's recently appointed managing director, said: "Fitch are integral to our growth strategy and I am delighted with our first rating award; I look forward to building on our current services and strengthening our rating over the next 12 months."
Currently VLS has a credit portfolio of £201m (€237m) in assets under management which comprised of: 66.37% finance leases, 22.89% commercial loans, 7.90% small ticket services agreements, 2.39% hire purchases, 0.26%operating leases, 0.17% consumer loans and 0
It's kind of funny you mention that.. considering the last two earnings reports the price reversed radically from the movement up to earnings in short order.
When you see an article like this you know it is time to dump. This is a fishing article trying to find some players to buy into a client who wants to sell shares in the wine industry. I don;t blame them the valuation has gotten out of hand. Only the top tier brands will appreciate. Mainstream consumer customers that like Willamette Valley will see no shortage at all. In fact they will continue to see over saturation, as new market participants try to gain regional market share due to their poor distribution chains.Hence the visor center ect
This is a recipe for disaster, what should be happening is major top tier brands should be getting minted at enormous markups and sent to high paying international consumers. Instead the mid / low tier wines are getting squeezed dry by distributors at wholesale prices. because they control the flow. The major distributors are the only ones who will benefit forma "wine shortage". meanwhile here we are about to go tooth and nail to fight fora scrape of local marketshare already under fierce competition.
He also cites the misleading receivables, but he fails to note that in the last two years netsol's receivables have increased only 7.5M, while netsols total revenue increased 14M double the receivable increase rate. Net tangible assets also increased 15M more than double the receivable increase rate. While liabilities and debt decreased significantly.
Even if you remove netsols receivables form their balance sheet entirely the company is STILL attractive in book value compared to peers , and receivable increase rate is not responsible for increase in netsol's balance sheet and income growth.
Further more netsol is realizing quarter over quarter reduction in DSO for some time now, and has over 1M cash written off for doubtful accounts should they need it.
Based off ntsl pk earnings report.
NTWK 12.4M revenue
.21 earnings per share
Numbers are adjusted of currency depreciation and stock liquidation, based of historical ntsl vs ntwk earnings report which has proved highly accurate check my past predictions based on such numbers if you don't believe
It's going to be over $11 before the end of November, I am about 98% sure of this. I have been digging though netsol's report more in depth trying to find the space each of their income came form and doing more in depth analysis. I think my previous estimate for Q1 2014 may have been significantly lower than what we will actually see. Do not be surprised if we break 14M revs
best day of my life soo much moeny, when this fallout is doene i will put it right back into this pump n dump POS and do another SA article, LOL! lmfao!
Raised it's Value Rating for NTWK form $6 per share to $18 dollars per share. Report Nov 1st
Fords updated model predicts a lower valuation for netsol at 7.8x EPS and a high band at 18.5 x EPS, netsol currently trades just above the low band.
Remember we still have big contracts in the pipeline, not all were recognized last quarter we know for sure because the revenue number are way lower than 1/3 of total (big contracts) contracts signed.
This means either those contracts will be recognized next quarter or they will trickle in giving solid quarter after quarter income boost. Netsol is going to be beating previous year revenue quarter after quarter. And china income should be up at least 10-20% this quarter, where unfortunately netsol gets a lot of income (because people don't trust china). But it will work to the positive for now, remember the companies netsol does business with in china are tied to Major global brand names form around the world. If Toyota and Mercedes is doing business fine than so is netsol.
Here I believe we still have 14M in contract reveneu to recognize next quarter.
And be prepared for Monday Pakstan holiday is ending, if there will be news release it will be out son after holiday, is common occurrence in good spirits. SO expect may announce something soon.
280x Sapphire, XFX and and ASUS versions sold out quickly in the week, a few 280x are still available form three remaining OEM's
Rumor was that the 290X also sold out on preorders and this prompted amd to push back the NDA benchmark date closer the the bf4 release date to give more time to fine tune drivers.
XBOX PLAYSTATION will have amd logo flash on screen loadup.
Millions and millions of people will see the amd and wonder.. hmm can I invest in this company. Millions of people see amd logo for first time, google it. They love the xbox, they love the playstation. They buy amd. Simple. KISS keep it simple stupid. AMD goes up becasue people see it.