use black sholz model w/o div .. with some reasonable volat. and interest rate .. i calculate warrants in the unit offering at 6 cents
so bottom should be 35 cents +/- 3 cents
the offering was not at 41 cents, because the right to purchase at 61 cents for the next 5 years is not worthless!
I am not a mathematician, but someone can tell you exactly the offering price. If you assume the right to purchase at 60 cents is (say) worth 20 cents, then the offering was priced at 41 - 20/2 = 31 cents
Having said that, this is a great opportunity to accumulate here as those who got into offering are creating the volume and this price.
At 35 cents, it is roughly valued at $20M net of cash. Q4 earnings will most likely be $20M !! Don't forget they have $50M of loss carry over too
Yes, growing pains ..
now what is this rock band 4 all about ... yesterday, there was article as one the top 5 games to watch this year !!!
Harmonix is a completely independent development studio now. After RB3, Harmonix bought themselves out from Viacom/MTV Games.
Electronic Arts was never the publisher of Rock Band, they merely helped with distribution of the game.
Madcatz is now going to be helping Harmonix with publishing and distribution (and peripherals) this time around. Harmonix has full control over their IP.
Dec 1, 2010 $1.02
Nov 1, 2010 $0.74
Oct 1, 2010 $0.44
Sep 1, 2010 $0.44
Aug 2, 2010 $0.40
Jul 1, 2010 $0.45
Jun 1, 2010 $0.41
May 3, 2010 $0.38
Apr 1, 2010 $0.46
Mar 25, 2010 $0.48
Lesson 1 .. You may not get action till Nov this year, but you stand to more than double your money from here !!!
Q4 2010 revenue = $92M
Q4 2010 cost of revenue = $66M
Q4 2010 gross profit= $26M
Q4 2010 profit= $16M (before tax, we now hve lots of tax loss carry forward)
Q4 2010 diluted shares 66M
Lesson 2 .. Q4 looks to be $100M revenue and lots of earnings !!!
In short, accumulate and it will go up later this year ..
if Mad Catz where to have net income of $15,000,000 next fiscal, on a per share basis the $15M with the old float would equate to 0.244 cents a share at say a 19 X multiple would warrant a share price of about $4.64.
MCZ has $50M tax loss carry over and 20 cents earnings means trading less than 2 times next years earnings
buy as this gift is from Roth investors will only last a few more days
to build $30M of inventory .. WF has $25M credit line which helps with existing biz ... How will they get $30M?
Dealt to financing inventory is needed
Overall, very cheap here ..
Did warn. Now we now terms.
This is a buy here now! .. take advantage and accumulate.
Raising cash to prepare for a product launch is a good thing
Better is to be Roth Capital Partners.
they list 32 customers and only VZ, Toshiba and Lenovo are using the new start page ... The remaining are 29 cablco customers and all remain on old start page. How long it takes to convert a few to new start page ...
Just quite strange
Regardless of interventions, prognosis is poor with most infants dying within the first year of life secondary to respiratory compromise related to infection or intractable epilepsy.
How can you have 6000 patient population, when only 80 are born each (1 in 50,000 live birth) year and die same year?
Thank you. I did not mean it as a negative and I am long. If you listen to last CC, the question was asked on why $30M offering and CFO said something along these lines .. well our stock price is not going to stay this low in future ..
that should have been a clue
I think there will be offering and my guess is probably around $1,5 for about $10M to $15M and also increased in credit line
Given Q4 will hit around 15 to 30 cents EPS, there is a reasonable chance that the stock should start appreciating in anticipation
Per they press, it affect 1 in 50,000 live births. Since there are 4 million live births per year, this FDA approved indication affect 80 new cases a year. If you assume $100,000 per treatment, that is about $8M per year.
That seems low addressable market
This space is heating up and Sync is the back office enabler.
versus 8 to 9 month standard. 4 months is needed. DCVAX-L is beating by triple the amount !!!
Company will press when they hit 148 needed.
192 enrolled by Feb 2014. Another 80 enrolled since then. 33 of then enrolled in 2008.
The only way they could get to 148 by today is of DCVAX-L is doing 21 months, a monster beat !!!
Don't forget 5 months more OS for the 55 who had RGBM (these patients show tumor growth in just 2 months after surgery and radiation )
Do the math.
i have been following mcz for many years off and on ..
i think all starts are aligned now
1- RH4 release
2- street fighter
3- rapid next gen ps and xbox adoption
4-new controllers for smart phones and tablets
5- cost reduction and management focused on making money
6- stock cheap after years of no hope
anything i missed
2016 should have at least 20 cents in earnings and p/e 10 to 15 b end of this year
Is it strange that new start page has only been implemented for VZ and two PC vendors (Toshiba and Lenovo)? not the other 30+ cable co
at exercise price of $2.38 ..
He has the monetary incentive to get the stock price up ...