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LJ International, Inc. Message Board

sixth_8th 153 posts  |  Last Activity: 7 hours ago Member since: May 29, 2012
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  • The Street---4 Stocks Under $10 Moving Higher Into Breakout Territory

    Page 2---Link at RIBT Yahoo headlines.

    RiceBran Technologies

    RiceBran Technologies (RIBT_) , a human food ingredient and animal nutrition company, is engaged in the processing and marketing of healthy, natural, and nutrient dense products that are derived from rice bran. This stock closed up 4.7% to $5.34 in Thursday's trading session.

    Thursday's Range: $5.02-$5.39
    52-Week Range: $3.56-$14.000
    Thursday's Volume: 223,000
    Three-Month Average Volume: 109,502

    From a technical perspective, RIBT ripped higher here back above both its 50-day moving average at $5.16 and its 200-day moving average at $5.26 with above-average volume. This sharp move to the upside is now quickly pushing shares of RIBT within range of triggering a major breakout trade. That trade will hit if RIBT manages to take out Thursday's intraday high of $5.39 to its recent gap-down-day high of $5.64 with high volume.

    Traders should now look for long-biased trades in RIBT as long as it's trending above some near-term support levels at $5 or at $4.84 and then once it sustains a move or close above those breakout levels with volume that hits near or above 109,502 shares. If that breakout hits soon, then RIBT will set up to re-fill some of its previous gap-down-day zone from earlier this month that started at $6.90.

    Page 2---

    RiceBran Technologies

    RiceBran Technologies (RIBT_) , a human food ingredient and animal nutrition company, is engaged in the processing and marketing of healthy, natural, and nutrient dense products that are derived from rice bran. This stock closed up 4.7% to $5.34 in Thursday's trading session.

    Thursday's Range: $5.02-$5.39
    52-Week Range: $3.56-$14.000
    Thursday's Volume: 223,000
    Three-Month Average Volume: 109,502

    From a technical perspective, R

  • Reply to

    Is beyondtheverge John Short?

    by zubobma 18 hours ago
    sixth_8th sixth_8th 7 hours ago Flag

    farpoint, I heard John Short is really John Galt.

  • They got 4 years and 3 months til they expire, kind of like the old fashioned leaps that are no more. The strike price of $6.55 is near by. At today's close you could buy 300 warrants for almost exactly the same price as 100 shares of stock.

    Here is the math

    At at $10 stock, stock you'd have $1,000
    300 warrants worth $1035 with no premium, but at $10 it would still probably have a .75 premium minimum or total $1260

    At $15 stock worth $1500
    300 warrants with no premium worth $2535, premium will shrink as it gets further in the money, but still .50 est. or $2685

    At $20 stock $2000
    300 warrants at $4035, no premium here.

    No way does RIBT get bought out for less than $10.00, IMO. If Q1 shows $23,000,000 revenue and if Q4 shows cash flow positive as the CFO stated at the CC, RIBT could be $20 on April 1st, Q4 reporting day. Any new developments and we go well beyond expectations.

    I got to throw in a disclaimer. If RIBT stayed below $6.55 til expiration, you's lose it all with the warrants.

    Sentiment: Strong Buy

  • sixth_8th sixth_8th 21 hours ago Flag

    verge--If Short can get huge bonuses before results come in, and have not yet, if Short can do it, zubob should be able to get results before they are out. That is Shorts own logic in being your CEO.

  • Reply to

    Well let's see where we go over coming months

    by gnus_hound Sep 16, 2014 1:31 PM
    sixth_8th sixth_8th Sep 17, 2014 6:48 PM Flag

    I got my question answered. If a big boy company like BG, ADM, CAG or .bought RIBT, the NOLs would be worth 34% of the value(The top corporate tax rate). But, only if they pay that. The big companies seem to get political favor tax breaks for various pro government programs, such as GE gets money back because of all the solar and wind power tax credits. So at best, with the outstanding share and warrant count, the NOLs are worth about $2.75 per share, if the buyer can use them in the full 34%. But as mentioned, the likely buyers don't pay that rate. But what it does is opens the door for a Wilmar, Bright Foods or other foreign food player. And the foreign players have better tax rates as we have seen many big companies are making other countries their headquarters with phony buyouts such as Medtronic, Abbie and Burger King.

    I hope gnus is wrong and we don't see a buyout because we are on the door of success. , but many companies could bid this up. Short has made a no brainer seem like a management pig feeding contest, so there is not sure thing that 2015 will be as good as the forecast. An oil company like the 4 mentioned would love rice bran oil since soy and canola are getting hammered on health sites for their GMO problems. Irgovel is a prototype plant that a big boy could take world wide NOW NOW NOW. My guess is Short could get a premium for RIBT, well above $10.

    GMO suoolrtewr General Mills just bought "healthy" BNNY for 3.5X sales. RIBT with twice the growth for the out year, 2015, 4X with all the shares and outstanding warrants makes RIBT worth
    $27.00 pr share. Yes, RIBT is not making a profit, but the potential is much much greater for RIBT than fully developed BNNY.

    Sentiment: Strong Buy

  • Reply to

    PR out--key line

    by sixth_8th Sep 16, 2014 9:02 AM
    sixth_8th sixth_8th Sep 16, 2014 11:13 PM Flag

    beyond, they must process the arriving bran within 24 hours of milling or it goes rancid. So, they can't stock pile any for later milling.

    Sentiment: Strong Buy

  • Reply to

    Well let's see where we go over coming months

    by gnus_hound Sep 16, 2014 1:31 PM
    sixth_8th sixth_8th Sep 16, 2014 3:49 PM Flag

    Let me toss out this question out. If all warrants are in the money if there is a buyout, my guess is 14,000,000 shares and warrants total. Am I close? At the end of 2014 RIBT should have $115,000,000 in NOLS. So NOLS per share are worth $8.20 per share if they can all be used. I think your toss out starting number is way low.. OK, knock my thinking, lol.

    Sentiment: Strong Buy

  • Reply to

    PR out--key line

    by sixth_8th Sep 16, 2014 9:02 AM
    sixth_8th sixth_8th Sep 16, 2014 12:52 PM Flag

    malty, I think they mill most of the year. I still don;t see how an auxiliary power plant can affect production by more than a day. There has to be days when there are no rice hulls to burn and they don't shut the plant down. It's a nice excuse for other things not going as planned, in my opinion. And again, was not Alothon supposed to be the guiding light in Brazil? They sure did not help out with good contractors for the animal feed and now the rice hull burning plant.

    Sentiment: Strong Buy

  • I would guess that to fly to Pelotas Brazil that there is a stop over in Sao Paulo which is only 155 miles from Pelotas.

    Sao Paulo is the home headquarters of Prozyn whom RIBT has a distribution deal with, just getting started selling product. Also, the JBS, the world's largest meat packer is headquartered in Sao Paulo. I doubt Short spent a full week at Irgovel, so probably spent some time with at least Prozyn. And I would not be surprised if he brought Janet Balson new VP of food compliance with him.

    I am not saying a new deal is coming, but there must be a lot of interest in Brazil in general for RIBT's future to spend a whole week there.

    Sentiment: Strong Buy

  • Reply to

    PR out--key line

    by sixth_8th Sep 16, 2014 9:02 AM
    sixth_8th sixth_8th Sep 16, 2014 9:57 AM Flag

    I guess we got to translate the PR

    Q3/4 will be much better than Q34 2013 because Irgovel will be doing more than last year, even though not as much as previously hoped., coupled with the state side, especially H & N doing much better . I hope he puts out revised guidance like the successful, accountable and shareholder friendly companies and CEO's do.

    Sentiment: Strong Buy

  • sixth_8th by sixth_8th Sep 16, 2014 9:02 AM Flag

    "Our expectation is that the plant will run above the maximum pre-expansion capacity of 6,000 metric tons for the remainder of the year but less than the planned average of 9,000 metric tons per month. After the completion of final repairs, we expect the plant to meet and exceed original post-expansion production forecasts as we move into 2015."

    Sentiment: Strong Buy

  • sixth_8th sixth_8th Sep 13, 2014 10:11 AM Flag

    both

  • Zurvita Zeal For Life is RIBT's biggest customer of RIBT's newly acquired H & N and Zurvita has a multi year supply contract with RIBT. Zeal just recently has expanded into several foreign countries for the first time.

    FVRG, a multilevel marketing firm with "health food" products does sales in Australia, Europe, Asia, and South America. They just raised guidance for 2014 to revenues of $56 to $60 million from $17.7 million in 2013. FVRG and sister company LFVN could be H & N customers now or in the future? Mark McKnight at the last CC said that H & N had shipped 2 new families of product recently and will shipped 3 more families of product before the end of the year.

    Even if FVRG or LFVN are not using RIBT product the fact that FVRG's sales for 2014 will be over 500% compared to 2013 Is A GOOD SIGN FOR ZEAL EXPANDING OVERSEAS AND SHOWS THE STRENGTH OF SOME INTERNATIONAL MLT COMPANIES.

    Links at RIBT iHub or $RIBT Twitter--Yahoo sucks for not allowing links.

    Sentiment: Strong Buy

  • sixth_8th sixth_8th Sep 11, 2014 10:43 AM Flag

    He sure has abandoned support of shareholders by his needless and reckless silence. I am starting to wonder if we need a new CEO for the first time since he arrived. His bonuses and pay are obviously more important to him than "stakeholder value", a term he often uses. A good reaffirming PR would change my thinking, but why so long to give the people who pay his wage to give us an update.

  • Reply to

    New PR out--Short cancels all information

    by sixth_8th Sep 10, 2014 9:52 AM
    sixth_8th sixth_8th Sep 10, 2014 6:45 PM Flag

    Glad to see you are around fugs, stop more often, free entertainment.

    Sentiment: Strong Buy

  • That's right, John Short has determined that investors don't need any information to invest in his company. He said, "Powerball has no information about what the upcoming ball numbers will be, still billions are put into Powerball yearly." Short thinks this will really help the stock go up. He added "The Irgovel situation adds a bit of excitement to the situation and feels more people buy stock when they have doubts, just like Powerball buyers like the risks involved with the unknown.".

    The PR states that there will be no more conference calls, but there still be SEC mandated forms. There will be the mandated annual shareholder meeting, but instead of RIBT discussion there will be live entertainment. Next year they will have a magician than can make money disappear from your brokerage account without you even knowing it.

    The RIBT Board of Directors gave Short a $100,000 bonus for coming up with this great idea, and gave themselves options just because they realized the greatness in John Short and felt they deserved something too.

    Sentiment: Strong Buy

  • Put the above message title into the Yahoo search, Yahoo sucks in that I can't post the link.

    Just another reason to give the edge to stabilized rice bran.

    Sentiment: Strong Buy

  • Reply to

    BNNY acquired by General mills

    by sixth_8th Sep 9, 2014 9:12 AM
    sixth_8th sixth_8th Sep 9, 2014 3:51 PM Flag

    blase- I wish I knew what is going on, but assuming not a disaster at Irgovel
    1. $15.92-Based on BNNY's sale ti GIS on sales per share of that deal and compared to RIBT
    2. +$3.00 for RIBT's revenue 2015 forecast twice BNNT's
    3. +#3.00 for increased revenue pe H & N not in SeeThrough's forecast
    4. -$2.00 Q4 should show a profit, IMO. The fact BNNY is profitable now is a big plus for BNNY
    5. $2.00 unfunded Wilmar deal. A big money buyer like BG, CAG, or ADM would make the Wilmar deal a nice carrot.
    6. +$3.00 Soy and Canola is really under attack. RBO would be a great addition/replacement for going out of favor oils for any of the big three.
    7. $5.00- NOLS, $115,000,000 at the end of 2013. Figure the shares with all warrants at 12,000,000, that makes the stock worth almost $9 by itself, but some value may be lost in a sale according to one poster.

    Total $27.92, in comparison to BNNY, but yes, RIBT is no BNNY, but a year from now it could be.

    Sentiment: Strong Buy

  • Reply to

    BNNY acquired by General mills

    by sixth_8th Sep 9, 2014 9:12 AM
    sixth_8th sixth_8th Sep 9, 2014 1:35 PM Flag

    blasedp, taking it private for the wrong price would bring in a million class action lawyers, and geez, they would have a field day here.

    Sentiment: Strong Buy

  • Reply to

    BNNY acquired by General mills

    by sixth_8th Sep 9, 2014 9:12 AM
    sixth_8th sixth_8th Sep 9, 2014 12:04 PM Flag

    Farpoint, It sounds like you know a bit about this, but other posters whom I believe have knowledge say they will have value, but some hoops to jump through. For the record, I am not for a buyout here at this level. But, the CEO has lost my trust, for the moment anyway and ....................

    Sentiment: Strong Buy

JADE
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