March 22nd, 2009
Our takeover candidate DISK continues the Peyton Place scenario--We still believe that the deal will happen!
We are hearing that our NAQ-wt & NAQ are getting ready to POP the DEAL!
We wonder how many "libs" and "dems" are re-thinking the selection BO for President! Wall Street has ZERO confidence in this guy or his policy. He of course wants to be friends with Iran- he is sending YOUTUBE videos- Iran says screw you!
GOD HELP US!-- We are not even religious
Ever-Glory International, Inc. (EVK-amex .80/sh)
The company is a leading apparel manufacturer and supplier in China. The company's main focus is the manufacturer of well-known middle & high grade casual wear, sports wear and outer wear brands. EVK has 3 manufacturing facilities and employees some 2000 . The company has also been growing a retail division in China called LA GO GO! During 2008 the company had opened 93 stores and anticipates opening another 90 stores during 2009.
EVK produces products for such companies as, Quicksilver, BB Dakota, Levis, Just Jeans, Eddie Bauer & many others. The company at present can produce up to 12 million clothing pieces/yr.
The company listed on the Amex during July 2008 and the current 52 wk range is .65- $5.60. At present EVK is trading at the low end of the range and looks extremely juicy at current levels. Yearend numbers are anticipated to be released on March 23rd and management has already pre- released the results and they look and "wear" very attractively!! Management has estimated that for 08 rev will reach over $90 million and earn around .45/sh excluding charges! This based upon 12 million shares fully diluted. During 2007 rev came in at around $70 million & net was .94 based upon 7.2 million shares outstanding. The lower earning during 08 result from higher costs, start-up expense of LA GO GO, retiring of convertible debt at a discount and other one time charges. The current book value is around $2.20 as stated from the 10Q ending Sept 08. The sales are generated: 6.5 mil from China, 42.2 mil from Europe, 12.7 mil from Japan, 12.7 mil from the US and 1.4 mil from their new LA GO GO retail chain in China.
We all know that 2008 was not the best year in retail, but EVK was able to show 20+% growth rate regardless. At present the world is suffering through a deep and ugly recession and we assume that 2009 will not be the greatest year for most businesses. Regardless, EVK trading at a PE of 2X trailing, around 1/3 of book value and a PSR of .11 that the real risk is not owning this opportunity at such depressed levels.
The guidance from management on the 23rd of March in our opinion will be the catalyst for EVK to move higher from current depressed levels. The financial history of the company is very impressive and a small position in EVK could become very rewarding.
The current float is around 3 million shares and most of the stock was purchased by investors at the $4-$5 level. During 08 & 09 an addition 2 mil shares could be issued for certain performance by certain entity with a market value of $3/sh -a far cry from the current share price of .80
3X THE BULL MOVE WITH THIS ETF---FAS
DIREXION FINANCIAL BULL 3X (FAS)
CURRENT PRICE AROUND $4.95
THIS INVESTMENT SEEKS TO REPLICATE, NET OF EXPENSES, 300% OF THE DAILY PERFORMANCE OF THE RUSSELL 1000 FINANCIAL SERVICE INDEX. THE FUND WILL INVEST AT LEAST 80% OF ASSETS IN SECURITIES THAT COMPRISE THE INDEX. NET ASSET $543 MILLION
ETF WAS FORMED NOV 2008
LARGEST HOLDINGS
BAC 2.62%
GS 2.24%
JPM 5.93%
WFC 5.01%
USB 1.62%
IF YOU WANT ACTION THIS LITTLE GEM WILL KEEP YOU GLUED TO THE TERMINAL --THIS BABY IS NOT FOR INVESTORS ON LIFE SUPPORT OR ONE'S PLANNING TO BE ON ONE!
ONE OF THESE DAYS THE FINANCIAL PICTURE WILL CHANGE REGARDLESS THAT BO HATES CAPITALISM AND IS A FLAMING SOCIALIST!
ON MONDAY THE "GREAT" MR GEITHNER, THE TREASURY SECRETARY WILL FINALLY ANNOUNCE HIS PLAN FOR RIDDING THE BANKS OF THEIR TOXIC DEBT-- COULD BE A WILD DAY FOR SURE WITHIN THE FINANCIAL GROUP AS WELL AS THE OVERALL MARKET AS IT DIGESTS THE LATEST ATTEMPT TO HELP THE FINANCIAL SYSTEM STEADY ITSELF!
WE ARE NOT SURE THAT THE M2M ACCOUNTING RULE WILL BE ALTERED AT THIS TIME, BUT THIS IS SOMETHING ELSE THAT THE FINANCIALS REALLY REALLY NEED QUICK TO HELP CALM THE NUCLEAR MELTDOWN WITHOUT THE RADIATION THAT WE HAVE HAD TO DEAL WITH!
HOPEFULLY THE "UPTICK' RULE WILL ALSO BE RE- INSTATED--ANOTHER REGULATION CHANGED LIKE THE M2M REG THAT HAS DESTROYED OUR ECONOMY AND EVAPORATED OUR WEALTH AS A NATION!
THE 3 PRESIDENTS-CLINTON BROUGHT THE M2M BACK FROM THE 30'S, BUSH DID NOTHING ABOUT IT AS THE FINANCIALS MELTED DURING THE LAST YEAR OF HIM IN OFFICE, AND COX REMOVED THE "UPTICK" RULE AUGUST OF 2007 WHEN THE DOW WAS RECORD HIGH 14300-THE SHORTS HAVE HAD A PARTY AT THE EXPENSE OF AMERICA!! COX COULD HAVE CHANGED THE RULING BUT LIKE MANY POLITICAL WASTES DID NOTHING AS ROME BURNED!!! NOW THE "GREAT MESSIAH" HAS A CHANCE TO UNDO THE HORRORS OF WRONG REGULATION--TIME WILL TELL IF HE IS CAPABLE! SINCE ELECTED THE MARKET HAS GONE STRAIGHT DOWN FASTER THAN AN APPLE FALLING FROM A TREE!
WE SUGGEST THAT IF FAS INTERESTS YOU THAT YOU SCALE INTO IT-IF YOU GET ON THE WRONG SIDE IT WILL SKIN YOU ALIVE!!! IF THAT HAPPENS BO WILL SUPPLY YOU WITH WELFARE AND FOOD STAMPS!
OTHER STUFF!
NAQ WARRANTS NAQ-WT-- ORIGINALLY RECOMMENDED NOV 1OTH AND FEB 15TH VIA EMAIL ALERTS-- WE COULD HEAR SOMETHING ABOUT THE MERGER CANDIDATE THIS WEEK-- IF THAT IS THE CASE YOUR CHANCE TO BUY CHEAP WARRANTS ARE RUNNING OUT! AS MENTIONED IN EARLIER EMAILS CONCERNING NAQ-WT-- COULD RESULT IN 30X YOUR INVESTMENT! THIS IS NO BULL!
DISK--OUR LAST BUYOUT CANDIDATE THAT HAS BEEN LIKE A BAD MOVIE WITH STALE POPCORN AND FLAT SODA!
WE HAVE NOT GIVEN UP HOPE AND FROM THE LAST PRESS RELEASE FROM THE COMPANY- THAT IT COULD STILL HAPPEN--- SO THE STOCK IS $1.10 AND THE BUYOUT IS AT $2.75--GREAT REWARD FOR THE RISK TAKER!! ACTUALLY IF THE DEAL DOES NOT HAPPEN THE COMPANY WILL FIND ANOTHER BUYER- THEY HAVE HAD 3 DURING THE PAST COUPLE OF YEARS-- MANAGEMENT WANTS TO SELL AND IT WILL HAPPEN SOONER THAN LATER !!
STAY TUNED -THIS EPIC ADVENTURE CONTINUES DURING THE WEEK OF MARCH 23RD
WE RATE DISK WITH A STRONG BUY RECOMMENDATION REGARDLESS!
STOCKS WE REMAIN BULLISH ON REGARDLESS THAT SOME ARE LOWER THAN WE ORIGINALLY RECOMMENDED THEM AT!
GBX RAILROAD CARS BUY AT $3.27
MTW CRANES AND FOOD SERVICE EQUIP BUY AT $4.02
AES UTILITIES BUY AT $6.42
NM, SB, MEI, MIC --ALL REMAIN CHEAP AND WE STILL LIKE-- AVERAGE DOWN FOR THE LONG HAUL
WE HAVE NOT BEEN PAID BY ANY OF THE LISTED INVESTMENTS WITHIN THIS EMAIL....WE MAY BUY, HOLD AND OR SELL AT OUR OWN DISCRETION.
FOR MORE INFORMATION CALL 801 272 4761
mailing address:
saadvisory
4700 s holladay blvd
slc,utah 84117
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S.A.Advisory
William Velmer
Job Title
phone:
949 922-9986
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