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Author Topic: CBAYE Financials Out! .24 EPS
kt325ci
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Financials came out today and the numbers are great. I'd expect them to issue a PR shortly. The stock is currently priced at .20

Operating Income: $5,402,094
Per share: $.24
Shares outstanding: 22,797,501
Link to 10Q

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skip
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been trying to dust this off on the free for all board...

the 10Q looks awesome...note this ran to around $1 after they released last quarters financials...been beat to heck over the last few months, down to 52 week lows lately...

I have watched this for months, just waiting for this quarters #'s...they were better than I expected, so I am in...

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kt325ci
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I remember the run earlier in the year and had since forgot about this stock.

If somebody hadn't mentioned the 10q being filed on ihub then I wouldn't of seen it until the PR gets issued.

The numbers look awesome and combine that with a beat down stock then we could have a nice run.

I bought shares today between .20-.206.

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skip
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yep, same here...

got in at .20...

book value is ~$1.40 with their current assets...

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DDA
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CBAYE rockkksssssss + 25 %
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scot trade
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I'm in with you. Got some at .22 and .23 I hope for a nice run next couple days. Skip you mean the stock is worth $1.40 with their current assets right now? How did you figure out that?
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skip
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quote:
Originally posted by scot trade:
I'm in with you. Got some at .22 and .23 I hope for a nice run next couple days. Skip you mean the stock is worth $1.40 with their current assets right now? How did you figure out that?

got this from a fellow poster on ihub...

CBAYE HUGE !! $1.42 Book !!!

Reported Value Market Value
------------- -------------
Aspen Cove Resort $ 2.6 M $ 5.0 M
Valley Lane LV $ .25M $ .33M
San Francisco CA $ 2.65M $ 3.3 M
Seagoville, TX $ 1.5 M $ 1.5 M
Chapel Downs TX $ 1.2 M $ 1.2 M

COBS HOMES $ 6.7 M $ 6.7 M

OTHER CURRENT ASSETS $ 2.54M $ 2.54M

Florida Note Receivable $ 14.99M $ 14.99M
----------- -----------

TOTALS $ 32.43M $ 35.56M

22,797,501 shares / $32.43M is Real estate = $1.42 Book
==========

I wouldn't give that much creedance, but, this was at around $1 not too long ago, it is severely undervalued now...upticking as we type...

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scot trade
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does anyone has O/S
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kt325ci
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wow it hit .23 already. I haven't been watching it. Very nice.
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skip
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quote:
Originally posted by scot trade:
does anyone has O/S

see above...

22,797,501 o/s

float even lower...

moves easy with volume, watch EOD and tomorrow...

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kt325ci
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quote:
Originally posted by scot trade:
does anyone has O/S

As of June 30th 2006: 22,797,501
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scot trade
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6 bagger [Wink]
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scot trade
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ask .24 bid .23
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kt325ci
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.24! Very nice...lots of buying this afternoon.
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scot trade
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once we'll break .24 it will go up. Check MA(50)
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DDA
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we just broke it
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SherriT
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now if it will just keep on going...nice call!!

--------------------
Study before you buy, Sell before you think about it....

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kt325ci
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There could be a huge gap tomorrow if the issue a PR before the market opens or after the bell today.
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scot trade
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the volume not heavy enough. I just see it gapping up tommorow way above .25 watch volume tommorow before market opens
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jordanreed
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need .60 for me to be happy...

that would make you guys ecstatic

--------------------
jordan

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kt325ci
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jordan, ouch! Maybe we can get to $1 so all of us can be happy [Smile]
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skip
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I definitely see an A/H's PR, or one just before open tomorrow...then it should really go...
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kt325ci
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Nice close at .249 right near the HOD. Tomorrow could be fun [Smile]
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skip
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tomorrow should be great!

after the last financials it ran to almost a $1, and those numbers were junk compared to this quarter...

They tripled their assets and net income increased 6-fold...this will be big once they PR it...still under the radar right now, as, unfortunately, no one reads financials...

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skip
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Check out this chart, pay attention to what happened in the weeks after 5/15, the day they released last quarters financials, that weren't nearly as good as this quarter...

http://stockcharts.com/h-sc/ui?s=CBAYE&p=D&yr=0&mn=6&dy=0&id=p49370216998

This quarters #'s blow last quarter out of the water...this has a low float, could go big...

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SherriT
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Is anyone surprised at this morning's start?

--------------------
Study before you buy, Sell before you think about it....

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scot trade
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we're building nice support at .24 above MA(50) that should be a good signal for anyone who shorted that stock to take profits and buy back. It seems to be intresting today. Holding strong
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skip
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Nothing surprises me in these markets... I still think it is under the radar...sadly, with no PR to highlight the results, most casual traders never see them...
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SherriT
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Surely the company knows they need to PR it...I'm a relative newbie, and even I know that [Wink]

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Study before you buy, Sell before you think about it....

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jordanreed
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take that E off and it might move sum more...

--------------------
jordan

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scot trade
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I think we will see symbol change tommorow but that just my opinion
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SherriT
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I hope they do something tomorrow...today has been a disappointment, but I agree, the ticker change would likely happen tomorrow.

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Study before you buy, Sell before you think about it....

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skip
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SYMBOL CHANGES
Updated Date Old Symbol New Symbol Name Comment
13:45 09/13/2006 BRVOE BRVO Bravo! Foods International Corp. Common Stock **
13:45 09/13/2006 CBAYE CBAY Cal-Bay International, Inc. Common Stock **

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skip
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anyone else think they might be waiting to PR the #'s until after the symbol change? If I was management, I wouldn't PR under a temp symbol...we shall see...
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skip
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I am back in at .229...when that -E drops tomorrow, this should have a good pop, the #'s are just too good, and no one knows about them right now...
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