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Magal Security Systems (MAGS) Message Board

sahmdars 191 posts  |  Last Activity: 13 hours ago Member since: Apr 28, 1998
  • Reply to

    Going it Alone

    by smithp383 Jul 7, 2014 1:51 PM
    sahmdars sahmdars Jul 7, 2014 2:10 PM Flag

    IMHO, if the approach you are mentioning was doable they would have done it by now, I doubt it but then again anything is possible.

  • Reply to

    160 Volume?

    by dv9295 Jul 7, 2014 10:30 AM
    sahmdars sahmdars Jul 7, 2014 12:10 PM Flag

    If he owns no shares, it does not mean that he has no options, my guess is that he got a substantial number of options when he joined.

  • Reply to

    BUMP Metrology

    by ninexapple Jul 7, 2014 8:21 AM
    sahmdars sahmdars Jul 7, 2014 10:54 AM Flag

    I am long the stock and believe the company can have a bright future but how did you arrive at 20 per share in 6 months?

  • sahmdars sahmdars Jul 5, 2014 10:27 PM Flag

    Thanks for posting this. Nice to know that the DHCC's project is supported by this group. It would make sense that Jacob Ent. would want to at least consider building on DHCC's land. We don't know if they have ever discussed this with DHCC management. I assume that the local government wants a casino in Diamondhead to bring in the tax revenues, if the residents support it and the Gaming Commission approves the site then all is needed is a JV partner or a buyer for all or part of the land. Theoretically, DHCC can sell a number of acres to a casino developer and sell pieces of the land to other developers. (IMHO, long DHCC, do your own DD).

  • Reply to

    future

    by spenser0485 Jul 3, 2014 4:08 PM
    sahmdars sahmdars Jul 4, 2014 8:23 PM Flag

    Of course it would make sense and I believe he is smart enough to have established a position. My point was about a " controlling" position that sounded like more than 50% position. Now I don't believe that you meant it that way. As hard as it has been with this investment for many years, there are two major positives in my opinion, one is the location of the land the other one is that management has direct and indirect (options) interest to see that something good will happen.

  • Reply to

    future

    by spenser0485 Jul 3, 2014 4:08 PM
    sahmdars sahmdars Jul 3, 2014 9:11 PM Flag

    Of course, but when you wrote "controlling" shares I was thinking more than 50%. In my opinion, there is a good chance that the shares have been accumulated by some "friendly" parties during the last almost 12 months. They did it gradually and methodically without running the stock price up too much. Perhaps the management (without Ted) didn't mind lower share prices either (for a few reasons). Now that the accumulation has happened (hopefully they are done) and the options are granted, there is time for good news and hopefully some real activities (casino, etc.) and much higher stock prices. (IMHO, Long DHCC, Do your own DD).

  • Reply to

    future

    by spenser0485 Jul 3, 2014 4:08 PM
    sahmdars sahmdars Jul 3, 2014 7:37 PM Flag

    aewilliamson....

    The halt will most likely cause wider spreads for the stock, won't be surprising if we get 20 or 30 cents spread between the ask and the bid. I hope they file the financials quickly BEFORE any major announcement.

    What do you mean by "... Ted A. needs controlling shares"?

  • Reply to

    future

    by spenser0485 Jul 3, 2014 4:08 PM
    sahmdars sahmdars Jul 3, 2014 6:48 PM Flag

    In my opinion, the trading halt was an unnecessary negative which didn't have to happen if the management had filed the financials as they were supposed to. If the halt had not happened, with the recent positive news we may have had higher prices. But the volume has been next to nothing and the drop does not mean much and if the site is approved we should logically see higher prices. Longer term I am more optimistic as long as they start BUILDING on the land. Once the site is approved for a casino I assume the company can and should start selling some acres to developers for condos, hotels, malls etc. Once the land becomes a developing land (vs. raw land) logically the value of the land should go up. The key is to get the land developed and generate income which will translate to more value. 400 acres is a lot of land and much can be built on it especially with about Two miles of water front. (IMHO, Long DHCC, Do your own DD).

  • Reply to

    MM's are doing their thing....

    by sahmdars Jul 2, 2014 12:31 PM
    sahmdars sahmdars Jul 2, 2014 2:52 PM Flag

    As a long time holder of some of these shares, I believe that the prior management did not do a good job in reaching a deal AND they faced a number of unfortunate situations that were out of their control. However, how we got here is less important tan where are we gong from here? With bringing in Ted A. to the management the potential is better now perhaps much better. Ted has the experience and the know how to make something good happen. I hope tha he will be successful. The location of the DHCC land has very high potential, the question remains if that potential can be put to work. They are finally doing some good and moving in the right direction. I am optimistic. (IMHO, long DHCC, do your own DD).

  • Now is the stealing maneuver, with recent positive news about filing for the site approval logically the stock should be moving up. I am not predicting, no one knows!

  • Reply to

    Trading Halt Lifted?

    by sahmdars Jul 2, 2014 12:13 PM
    sahmdars sahmdars Jul 2, 2014 12:20 PM Flag

    No comes the MM's trying to steal some shares from nervous nellies!

  • Reply to

    Motley Fool out with article mentioning SILC

    by gam_65 Jun 30, 2014 6:49 PM
    sahmdars sahmdars Jul 2, 2014 12:17 PM Flag

    drbenquestt....you are right, this clown writes very much like the other clown, shooting from the hip, no logical explanation for his/her moronic comments, sickening!

  • Yahoo Finance shoes a quote but only on very low volume, was the halt lifted?

  • Reply to

    What Happens Now?

    by dv9295 Jun 30, 2014 2:45 PM
    sahmdars sahmdars Jul 2, 2014 10:44 AM Flag

    The volume is 258 shares, does anyone here knows if the trading halt is lifted for sure?

  • Reply to

    Motley Fool out with article mentioning SILC

    by gam_65 Jun 30, 2014 6:49 PM
    sahmdars sahmdars Jul 2, 2014 8:54 AM Flag

    smitty, you sound very much like a clown we have (had) on this board (sno something), your "advise" is not worth anything and is not welcome here! You just make people angry without offering any logical comments or information!

  • Reply to

    What Happens Now?

    by dv9295 Jun 30, 2014 2:45 PM
    sahmdars sahmdars Jul 1, 2014 1:55 PM Flag

    Good point. There is also a chance that the MM's will try to steal some shares after the halt is lifted by putting out an artificially low bid, hope no one falls for that.

  • Reply to

    What Happens Now?

    by dv9295 Jun 30, 2014 2:45 PM
    sahmdars sahmdars Jun 30, 2014 6:31 PM Flag

    It will depend on the supply and demand like any other day. It's good that we have had some positive news since the halt started (DHCC filed for the site approval and the other site in Diamondhead did not get the approval for their site).

  • Reply to

    shorted 10K @ 12.20

    by johnkellyrulleezzz Jun 30, 2014 1:46 PM
    sahmdars sahmdars Jun 30, 2014 5:07 PM Flag

    Keep dreaming!! You can't short even 10 shares!

  • Reply to

    Flagstar best in class.

    by texas_dsmitty Jun 27, 2014 9:43 AM
    sahmdars sahmdars Jun 30, 2014 11:36 AM Flag

    What are you smoking????

  • Reply to

    Denied this week ....

    by spenser0485 Jun 27, 2014 9:04 PM
    sahmdars sahmdars Jun 29, 2014 7:55 PM Flag

    I agree that the DHCC property must have much potential/value for non casino developments(condos, hotels, malls, convention center, etc.), of course one or two casinos I assume are higly probable. Ted A. is the new blood in the management and he seems to be the right person with the right background and connections. I am surprised that the stock has not moved higher(before the halt) and I hope that as time passes we will see much higher prices. (IMHO, long DHCC, do your own DD).

MAGS
4.03+0.04(+1.00%)Aug 27 3:58 PMEDT

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