Branmasterflash

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    • Sun Jun 1st 19:02 PM | Rating: 0 0
      Commented on:
      NutraCea: Running With the Big Boys
      Among those who follow this company there is a strong,and excusable tendency to throw the baby out with the bathwater.After all,Nutracea has been confounding investors for over a year.The web was rife with ugly rumours about management last year,when the company really disappointed.In my opinion Nutracea's big problem last year was a simply an unexpected loss of supply that really constrained their ability to produce product and sign new sales contracts.In the end none of the rumours proved true.The one real knock against NTRZ is the share count- now up to 168 million.That dilution started before Brad Edson became CEO in '04 and unfortunately,has gotten worse as they've needed to raise more capital through offerings.But it's also worth keeping in mind that for the first two years he was CEO Edson grew earnings 100% YOY and last year by roughly 30%.I do agree with those who say the CC's are whacky.It's been clear that aside from COO Leo Gingras the rest of management has been almost incoherent trying to explain their difficulties.But I also believe that the company has made improvements on all fronts.They've hired a new PR firm,expanded supply sources,purchased a profitable bran oil facility[Irgovel],deve... a new process for stabilizing wheat bran,established new markets and have been doing aggressive R&D.I continue to feel that this company is sitting on a technological gold mine albiet with a management that is learning on the job.And while I don't currently hold a position I'm also not throwing the baby out with the bathwater.
      Nutracea is still a company that warrants keeping an eye on.
      View article »
    • Mon Mar 10th 02:41 AM | Rating: 0 0
      Commented on:
      Converted Organics: Greed, Fear and Greater Fools
      Longs here have addressed most of the shorts misconceptions.
      Here's some others though-
      "They only have 300,00 in cash".
      Wrong- They have 22 mil. in trust for completion and operation of the NJ facility and 6 mil. additional in just exercised warrants.
      "Dilution".
      With 4.29 mil shares they can afford dilution to raise cash for new plants.The NJ facility is projected to create a MINIMUM 1.00 EPS.With that kind of earnings potential some dilution for expansion is a no-brainer.They are actually going to REDUCE the share authorization at the next SH meeting from 70 mil. down to 40 mil. A nice encouraging sign of confidence and a very reasonable final share count.As long as dilution is orderly,for expansion or accompanies earnings growth the market will absorb it.
      Obviously COIN had to prove that it's business model is as good as it appears and it's projections are not too optimistic.
      Asa SH underpromise and overperform is the one piece of advice I'd give to any CEO.
      But so far the shorts and bashers have failed to offer any sound reason to doubt these projections.In fact,like the article at the top of this page,it seems none of them have done even ten minutes of DD on this company.Just seems like they see a high flyer,glance at the financials for a second and start shoutin' SHORT THIS BLOATED PIG!
      And they've gotten burned on the squeeze repeatedly.

      And finally,as of today,march 8,COIN remains in the midst of an intermediate and longterm rally.The chart pattern that Dennis Gartman called one of the strongest he's seen in a while was not disrupted by friday's retracement.COIN has been advancing very fast and it's over extended short term.We have a broad market so weak we're on the verge of capitulation.So a further pullback is likely.I will view any panic selling as a great opportunity to get shares on the cheap.
      View article »
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