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Park City Group, Inc. (PCYG)

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
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12.45+0.15 (+1.22%)
At close: 4:00PM EDT
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  • J
    Joe
    Joe
    Another article in the SF Chronicle about food tracing through Blockchain (8-13-17 in special food section page L3). It would be nice for an article to come out stating that the future blockchain and the current Repositrak are essentially the same thing. Only one is available now. And Bread Man, what was that announcement about if not allowing management to issue additional class B preferred stock? Which has been used in the past to raise capital.
  • T
    Tiebold
    Tiebold

    www.PennySt0ckl0l.org is one of the best “alerts” services I have found. Just sign up and watch from the sidelines, you will see!

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    www.PennySt0ckl0l.org
  • J
    Joe
    Joe
    Oops, I messed up on my estimate on earnings. They should land between 5.3m to 5.5. NOT 5.8m as I previously posted. That should be the Nov. earnings. Also, why would PCYG issue another 150 Series B preferred shares. What do they need the money for? And does anyone know what 150,000 shares bring into the PCYG coffers? Very odd.
  • B
    Bread Man
    Bread Man

    Wonderful 22 page report issued by Loop Capital. Well written and quite thoughtful. Very conservative numbers and price target. Lots of room for upgrades.

    http://breakingfinancenews.com/investing/loop-capital-announced-park-city-nasdaqpcyg-bumping-up-its-stock-price-target-to-18-00-today/273579/

    Loop Capital announced Park City (NASDAQ:PCYG), bumping up its stock price target to $18.00 today
    Just yesterday Park City (NASDAQ:PCYG) traded -0.37% lower at $13.55. Park City’s 50-day moving average is $12.57 and its 200-day moving average is $12.97. The last closing price is up 4.11% from the 200-day moving average, compared to the Standard &
    breakingfinancenews.com
  • S
    Shea
    Shea
    +48pct ln same-day pr0flt 0n thelr Iast NYSE Alert --> T0pMarketGalners.com
  • C
    Conant
    Conant
    +93pct ln same-day pr0flt 0n thelr Iast NYSE Alert --> PennySt0ck101.org
  • J
    John
    John

    Here is an article from 2014 from Lou Basenesse on PCYG which is on the money. Can't find the latest one.
    https://seekingalpha.com/article/2565795-park-city-group-repositrak-and-the-billion-dollar-food-safety-opportunity?page=2

    Park City Group: ReposiTrak And The Billion-Dollar Food Safety Opportunity
    Confirmed billion-dollar opportunity for ReposiTrak, plus core business growing at healthy double-digit rates. SEC filings demonstrate clear plan and history of
    seekingalpha.com
  • B
    Bread Man
    Bread Man

    Iberia Foods....very nice new client.

    https://finance.yahoo.com/news/iberia-foods-adopts-repositrak-food-123000777.html

    http://iberiafood.com/iberia_eng/index.php

    Should bring several thousand suppliers on to Repositrak.

  • B
    Bread Man
    Bread Man
    Lou Basenesse, who writes a newsletter, has reiterated his strong buy on PCYG. That is why stock is moving just in case you were wondering. Enjoy.
  • J
    Joe
    Joe
    And 430K in trades
  • B
    Bread Man
    Bread Man
    Adding to my position at these prices.
  • J
    Joe
    Joe
    Another update, apparently Walmart is entering a bidding war for Whole Foods. Interesting. Maybe PCYG can leverage this new landscape to land Krogers.
  • B
    Bread Man
    Bread Man
    Joe, did my response to your Whole Foods concern address your concern?
  • J
    Joe
    Joe
    Well, Amazon and Whole Foods. Does this impact us at all? Is Whole Foods a client? Doesn't look like it. I am taking this as not good news.
  • D
    DarrellC
    DarrellC
    this morning after I sent the initial post. I need to correct my math. He says 70% margin on incremental sales. That would lead to 2018 earnings of about $8,000,000 or .38 cents per share then 2019 fiscal year add another $4.9mm to the earnings to arrive at $12.9mm earnings equals .61 cents eps for fiscal 2019.

    All that without any add on for Market Place. He believes Market Place will at least double their earnings over the next two or three years. So if he is ½ correct then 2019 could be .91 cents per share. If correct eps in 2019 would be $1.22. Apply an 19 multiple to arrive at $21.96/share. Apply a 30 multiple to arrive at $36.60/share.
  • J
    Joe
    Joe
    So, first it appears that there was a bankruptcy or a merger. Earnings went down 100k quarter over quarter. Randy tries real hard to get us to ignore that metric but in a subscription business, that is quite important, especially to the top line. So there was some loss this last quarter.

    However, Randy stated that next quarter will be a year over year increase of 40%. That should put revenue at roughly 5.8m next quarter. With additional revenue that in general flows to the bottom line, earnings should be close to 2m.

    More disappointing was the abandonment of the pharmaceutical business. Very disappointing.
  • B
    Bread Man
    Bread Man
    My guess for earnings to be released later today:
    Revenues 5.3 million
    Earnings per share 8 cents.

    Things to watch will be the expenses due to the platform roll out and integration. I would not be surprised to see expenses up in the quarter due to this very important project. These increased expenses would be one time only.

    Best to all longs.
  • D
    DarrellC
    DarrellC
    Here is the math on PCYG: fiscal year this year sales @ $20,000,000 with 15% net margin then divide by 21,000,000 shares comes out to about .16 - .17 cents per share and could be more with q4 revenue up more than 40% according to Randy. Extrapolate that sales increase 30% each year for next two years, with improving margins I get $26mm in sales with 20% net margins next fiscal year = .25cents/share in earnings. Then $33,800,000 sales the year after with 25% net margins arrive at .40 - .45 cents per share in earnings. Throw in any revenue for market place at 85% flow through if market place adds $3mm in sales then add .12 cents per share in earnings. If market place adds $15mm in sales add .60 cents/share in earnings over next two fiscal years. A stock growing 30% with increasing margins commands a premium. at .45 eps easy could be $15 as much as $30. With market place eps could be $1 would stock would surely be $30.
  • J
    Joe
    Joe
    Well, we sure missed that.
  • B
    Bread Man
    Bread Man

    Here is a link to article written by Randy Fields.....

    https://foodsafetytech.com/column/food-safety-technology-disrupters/

    Food Safety Technology Disrupters | FoodSafetyTech
    As the adoption of technologies in the cloud accelerates, companies must deploy the right resources to protect their company procedures and the greater supply chain.
    foodsafetytech.com