A long time ago in a far away galaxy, I suggested you yahoos invest in CLSI stock.
Do so.
Read their latest 10Q out yesterday.
Purl Gurl
Posted by abram on :
Uh oh, This is going to really kick tommorrow!!
Posted by Purl Gurl on :
Easy now, easy...
I believe CLSI will continue upward as it did today, but not a sky rocket or anything.
CLSI is NOT a fast growth stock.
CLSI is simply a good strong company which has been profitable for years and years. They are moving with care and deliberation. CLSI is expanding, moving into international markets, buttoning up municipalities, affording good research and development, along with now offering easy financing for clients.
CLSI is a trustworthy company with a management team display good common sense and a slow careful approach to company growth, which is why they have always been profitable with no need for dilutive share sales.
Told you before and will tell you again, CLSI is a good long term safe investment. CLSI will make a great college fund for your kids.
Keep buying, keep accumulating, you will not be sorry on this one.
I have over a quarter-million shares and am still buying on every dip to .19 or lower.
I will pull notes from their new ten-Q and provide them here for the keyboard challenged.
Purl Gurl
Posted by Bob Frey on :
Thanks PG
Posted by Mr_Pink on :
Thanks for all the information! You certainly seem to have a good reputation on this board! I appreciate the work you do in explaining why you think a stock is a good buy.
Posted by Purl Gurl on :
I have not done anything, Bob! Well save for pump CLSI on your boards! Nah, I think most people know this is a very slow growth stock. I am sitting here digesting their financial numbers reported yesterday to develop a better feel for what I should share here.
You better say thank you cuz I gave you those five stars. I told Glassman I was going to vote myself zero stars, but I cannot find a way to vote myself down. Darn! I want to be unique!
Everyone vote zero stars for me, please!
Like toe jam fungus, I'll be back.
Purl Gurl
Posted by blue_in_MI on :
much, much better quarter than their last one, very nice. still reading it in full, but - this sentence struck me:
"In addition, for Clancy, outstanding ticket fines of approximately $400,000 and for UTS, outstanding ticket fines of approximately $253,703, have not been recognized as revenue at December 31, 2004 based on SEC accounting guidance."
i wonder if this helps explain their very surprising loss and sharp dip in revs last quarter - somewhat of an accounting issue?
Posted by blue_in_MI on :
glass, i see you got some stars back! i found it hilarious when i was "stripped" of all my stars after i dared to question some stocks like MSEP and MLON and raised the ire of pumpers. my new goal in life: negative stars.
Posted by Purl Gurl on :
No, no! I DO WANT my stars to be a zero rating, you know, all five grayed out! I am serious. I want to be different, I want a zero rating! All five stars there and grayed out!
Ok, ok, here is all you really need to know about CLSI stock, revisited. Many of you already know more about this stock than I, but there are some new people here, like me. As you, the reader, know I just joined this board a few days back.
I don't know much about investing but this seems a nice safe bet for times of trouble and war.
CLSI is involved in modern parking lot management, parking ticket collection and increasing revenue for cities, universities, libraries, any and all larger parking facilities.
They do depend a lot on city government contracts for revenue, secondary, university and college parking for revenue income.
It has been a little "rough" for CLSI because all American cities and county governments have been hit hard with poor economic times; it is hard to sell a "broke" city much of anything.
CLSI provides contract services "and/or" needed goods to control parking and collect revenues via centralized automated controls, "wifi" type devices, "pay by phone" and internet pay for parking type services. All of those services and other services they provide, like collecting fines for cities, is offered in such a way cities, schools and others, do not have a big capital outlay; low initial start-up costs.
The revenue generated by parking fee collections, more than pays for CLSI services. In total, even after paying CLSI, a city, for example, ends up with more revenue than they would managing parking facilities all on their own. CLSI generates MORE money for cities, colleges, libraries and such, than those entities can generated on their own.
To help cities afford CLSI services, the company recently arranged financing with a lender who will provide "point of sales" financing for a reasonable rate. What this means, is if a city chooses a plan which requires buying captial goods, like those small parking building things, or electronic meters, under asphalt sensors, whatever, CLSI can finance those costs for the city, who turns around and pays off the loan with revenue generated by parking fees and parking ticket fine collections.
That is a win-win for all involved!
CLSI just recently pulled in this new financing, and just recently developed more modern state of the art goods. This shows in their ten-Q from yesterday, February 22 date:
REVENUES. From...2003 to...2004 revenues increased by $90,646 or 11.8% from $765,983 to $856,629. The increase...due to the addition of new customers and products....
Clancy's Remit-online.com service has processed 32,319 transactions totaling $1,346,746 for the quarter ended December 31, 2004. Revenues are generated based on a per transaction fee less bank processing costs. The gross amount of cash flowing through Remit-online.com cannot be presented as revenue based on the SEC accounting guidance. The Company only presents its net profit from each transaction as revenue in the statements of operations.
COST OF SERVICES. From...2003 to...2004, cost of services decreased by $55,873 or 24.1% from $231,632 to $175,759
Cost of services as a percentage of service contract income was 35.1% for...2003... and 26.5% for...2004
END
You will note an interesting fact; the reporting method for their Remit branch. CLSI cannot report that million plus as revenue!
Other note is, after costs, CLSI increased their earnings by a good ten percent and reduced their costs by a similar amount. They double ended their earnings!
Alright, now look boys, you are NOT going to make big profits by lunch tomorrow. As I have stated many times in many places, CLSI is a LONG TERM investment. CLSI is NOT going to skyrocket. This is a stock which you buy A LOT of and set it aside to help fund your kid's college education.
CLSI is almost always at .02 and I expect ten years from now, it will always be at 2.00 per share. That is a ten-thousand percent growth over a decade. You cannot do that well even in the real estate market.
Does that help with perspective?
CLSI will around when are old and cannot remember how to invest in the markets. Your kids will be young, though, and looking for money to get ahead.
Do them a favor, buy a quarter-million shares or a half-million shares of CLSI, even a cool million shares of CLSI, for ten years from now, for twenty years from now. They will have a lot of moeny to spend on drugs, sex and rock n roll. How loving.
CLSI is a LONG TERM investment. You will NOT earn big profits but can expect eight to ten percent growth of your investment, per year. That is a darn good growth rate and CLSI is one of most safe stock investments you can make, for just pennies per share.
Worried about Social Security? Darn it, buy a bunch of CLSI to supplement your retirement account.
I'm telling you, CLSI is a safe LONG TERM bet which will reward you well a long time from now.
NOT a buy suggestion, I am just looking at them, although I am accumulating KPCG as of yesterday.
Posted by *Magnetic*Microspheres* on :
The management team does good business but bad public relations. Liz Wolfson is very nice and tries to answer almost every question I pose, but that's it; no PR about the companies progress, no response about the Q4 loss just empty silence from the company. I still own a handful of shares and for now will sit on the sidelines to see how this new financing will be utilized. BTW this Q1 is much better; PG I just don't see this hitting $2 in 1 decade unless old Stan sells or blows in the wind.
Posted by glassman on :
this is one reason i continue to hold... this indicates intent to GROW
Clancy Receives Twelve-Million Dollar Point of Sale Commitment Tuesday January 11, 9:38 am ET
DENVER--(BUSINESS WIRE)--Jan. 11, 2005--Clancy Systems International, Inc. (OTCBB:CLSI - News; Clancy) announced today that it closed a twelve-million dollar "Point of Sale" financing commitment by Salem Capital Group. The proceeds, when required, will be used to expand Clancy's current customer base with new products and services while upgrading existing customers to "cutting edge" technology and integrated parking business solutions. The capital line will also enable Clancy to seriously analyze a variety of proposed mergers and acquisitions both in and outside it's core-parking industry.
Posted by Purl Gurl on :
Glassman, another reason to hold CLSI is a very simple one; you will not lose any money keeping CLSI on your books. CLSI is at bottom support.
Another press release,
Item 7.01. Regulation FD
On January 27, 2005 we issued a press release announcing that we signed a letter of intent to acquire Meter Tek LLC.
Magnetic, read a company's SEC filings rather than base too much on pr news. Within SEC filings you will find a wealth of information.
I like everything I read about CLSI.
My estimate of $2.00 per share in ten years is very conservative. I would expect share value to be significantly more. However, I do not want to falsely mislead people by making claims which are a bit too much on the wild side.
* thinks of IBZT pumpers *
No, no, don't want to fake out people, no, no. God, in Her infinite wisdom, will spank you for that, and Her spankings really hurt.
Purl Gurl
Posted by Raptorsrule on :
Her...LOL...I like you PG.....
Posted by *Magnetic*Microspheres* on :
Purl I do read the SEC filings and that is why I dumped a good portion of my shares after I read their 10K. I certainly didn't find the wealth of information in the filing as to why they lost money in Q4; the bigger disappointment was the silence from the company. Clancy is a good profitable small company and I hope that the longs that have held shares of this company finally make some money.
Posted by Purl Gurl on :
Magnetic, to make sure we are on the same page, you are referring to the Jan 2005 10Q filing, yes?
I find nothing in that filing which is of concern.
What I do find is a filing right at the end of the time period in which CLSI brought UST online by cash influx, consolidation, a new board along with new corporate officers.
I also find a reported revenue increase of just shy of two percent for Clancy but a revenue increase of just shy of thirteen percent for UST after consoldation efforts.
That report reflects black ink profit.
I am not sure I understand your "lost money" reference. Would you expand a bit on that?
Purl Gurl
Posted by blue_in_MI on :
hmm, i admit that now you have me a little confused, Purl.
MagnoMan is referring to the quarterly results that came out with the 10K, or the 30-Sep-04 numbers. they show gross profit as only 35% of the previous Q's gross profit, and a $163k loss for the Q:
i admit that it caused me concern as well. but now, i am wondering if that is somewhat simply due to a change in the way they account for revenues, as i mentioned above with the quote from the 10Q released yesterday...?
Posted by glassman on :
i have to say something about reading those "yahoo" reports...
they don't show the whole picture at all....
unfortunately, so many people rely on them that they tend to have more influence on the CURRENT market.....
PJTG is another good example....BTW PJTG just had another filing that i didn't really like much, BUT i am reserving judgement on exactly how it will affect PPS..
Posted by *Magnetic*Microspheres* on :
blue thanks for elaborating for me; yes the 30-Sep-04 numbers are what I was referring to. Yes Purl the Jan 2005 10Q filing looks great. Perhaps "In addition, for Clancy, outstanding ticket fines of approximately $400,000 and for UTS, outstanding ticket fines of approximately $253,703, have not been recognized as revenue at December 31, 2004 based on SEC accounting guidance." this statement does account for the loss; I just don't know. All in All, CLSI is one hell of a profitable penny stock that I will continue to follow. Posted by Purl Gurl on :
That's fine. I'll see you boys a year from now.
Purl Gurl
Posted by <disappointed shareholder> on :
Purl Gurl ，you misinterpreted 10Q. I suggest you look over 10Q then post here.
Clancy's operation is worse than before.
Go back to 10Q on December 31, 2003(for Clancy,current outstanding ticket fines of approximately $200,000 and for UTS, outstanding ticket fines of approximately $195,000, have not been recognized as revenue at December 31, 2003.; for Clancy, outstanding ticket fines of approximately $200,000 and for UTS, outstanding ticket fines of approximately $253,703, have not been recognized as revenue at June 30, 2004, based on SEC accounting guidance.) so actual only 200,000 occured in last quarter. if excluding correction fot UTS (110,000) last Q, real revenue occured in last Q should be 500,000. 850,000 is not true.
real revenue has decreased than even fourth Q 2004.
Remit-on-line.com Remit processes an average of $500,000 per month in transactions.10-Jan-2005 that means totaling $1,500,000 from July 2004 to September 2004.(Form 10KSB on 10-Jan-2005)
Clancy's Remit-online.com service has processed 32,319 transactions totaling $1,346,746 for the quarter ended December 31, 2004.
conclusion: transaction on remit online has decreased by $100,000 from fourth Q 2004 to first quater 2005.
take correction for UTS ($110,000) into account, fourth Q 2004 Clancy should have recorded a net loss of $270,000.
IN 2004 Clancy actually suffered loss of $7,000.
let's come back to first quater on 2005, excluding revenue around $440,000(which occured earliest on fourth quater 2003) . R eal revenue occured in first Q 2005 should be around $500,000. Clancy suffered loss of $ 300,000
Clancy's accountant just moved revenue from on last Q 2003 to 2005. a accounting plan!!!
[ February 25, 2005, 08:13: Message edited by: Bob Frey ]
Posted by BigSlickAK on :
you guys need to look at GPGI (Global Platinum and Gold) before they finish their factory and I retire.
Posted by blue_in_MI on :
well, i admit i'm somewhat "in the middle" on this discussion.
like you Purl, i am a big supporter of CLSI and am keeping a close eye on them. at one point, i held 300k shares, which for a person of relatively modest means like me is a large position. i like their profitability and growth and agree with many of your points on them.
however, i think Magno and I weren't "out of line" to wonder a little what happened on the previous Q. revs and profit dipped quite sharply. also, i agree that they could do a better job keeping shareholderes informed of progress.
it's interesting that Magno and I both picked the exact same quote out of the latest Q, about the accounting methods. perhaps this explains the dropoff in the previous Q (30-sep-04).
glass, i do agree with you that the shortened yahoo clippings can be misleading at times. that's why i always read the entire Q's and K's directly from edgar online. in this case, i was only using it to quote the revs and income figures, which were identical on the yahoo listing as they were in the actual 10K.
i continue to like CLSI, in fact - i bought some today. i guess i'm just a little more guarded and conservative at this point about them. they should no doubt be interesting to follow over the next few years.
Posted by glassman on :
that yahoo "quote" from you surprised me blue..that's why i pointed it out..cuz you always seem to have solid DD...
as far as "tricks" go this is not a trick in my opinion....but obviously somone has an ax to grind here.... i wonder???
is this possibly???????
Clancy's Judgment Against Basher Upheld MONDAY, JULY 26, 2004 12:19 PM - BusinessWire
CLSI 0.02 n/a News
Enter Symbol:
Enter Keyword:
DENVER, Jul 26, 2004 (BUSINESS WIRE) -- Clancy Systems International, Inc. (CLSI) , a leading developer of parking enforcement solutions, was notified on Friday that it's judgment against a basher who had harassed the company for almost three years at various chat room sites, including Raging Bull, was upheld by the Massachusetts Supreme Court. The Company intends to pursue the judgment award.
In a case originally filed with the Superior Court of the Trial Court of the Commonwealth of Massachusetts in September of 2000, the Company sought the identities of John Does 1-10 and filed a claim for damages. This was done as a result of an ongoing barrage of false, defamatory and slanderous remarks about the Company, its officers, its employees and shareholders that were made on Raging Bull and other chat room sites. The persons who perpetrated these falsehoods did so by posting their remarks under alias identities. Once the true identities were disclosed, the individuals were notified to cease and desist their actions. One individual continued his activities which included profanities and death threats. As the postings by this individual did not cease, the Company pursued the case.
The Company was awarded a judgment against the defendant on October 31, 2001. The defendant then began a process of filing appeals through the Massachusetts Court System. The final appeal to the Massachusetts Supreme Court was filed in June 2004.
Throughout this lengthy process, the defendant never provided proof that he at any time owned shares of the Company. He never contacted the Company directly to verify information. It appears that this was a recreational activity. There were over 5,000 posts during the period, and on some days the posts were continual for 10 to 12 hours.
While the Company feels the verdict is just, Company officials expressed sadness that they were forced to take this matter to the courts in the first place. "It has been a terrible ordeal for the Company and its shareholders. We have spent a great deal of time on this matter and wasted valuable Company financial resources. While we understand that a forum like Raging Bull offers an opportunity for favorable and unfavorable comments about publicly held companies, this individual violated all terms of service and went beyond the acceptable rules for posting," stated L. Wolfson, a Company spokesperson. Posted by World Leader In Cupcakes on :
quote:Originally posted by Purl Gurl: I have not done anything, Bob! Well save for pump CLSI on your boards! Nah, I think most people know this is a very slow growth stock. I am sitting here digesting their financial numbers reported yesterday to develop a better feel for what I should share here.
You better say thank you cuz I gave you those five stars. I told Glassman I was going to vote myself zero stars, but I cannot find a way to vote myself down. Darn! I want to be unique!
Everyone vote zero stars for me, please!
Like toe jam fungus, I'll be back.
Purl Gurl
I rated you: 1 star. Good Luck achieving 0 stars!
Posted by blue_in_MI on :
i would agree that it's pretty ludicrous to question PG's intentions - have you not been around this board very long, <disappointed> one?
Posted by glassman on :
i suspect disappointed one is UBIQUITOUS....
Posted by <disappointed shareholder> on :
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
(a) On February 22, 2005 the Board of Directors concluded that an account receivable was incorrectly included in the financial statements of its subsidiary, and therefore in the Company's consolidated financial statements, for the quarterly period ended June 30, 2004 and the fiscal year ended September 30, 2004, the financial statements of the Company for those periods should no longer be relied upon . The Company intends to correct the error by filing restated financial statements as promptly as possible.
The Company follows a revenue recognition policy that prohibits booking accounts receivable for unpaid parking tickets under the Company's contracts. even though the Company contractually owns the accounts receivable. The Company follows this revenue recognition policy on its 2 other outstanding contracts, but failed to realize that the account receivable for one contract (San Herman, Puerto Rico) was in fact being recorded incorrectly. The Company became aware of the error in connection with preparation of its 10-QSB for the period ended December 31, 2004. The Company has discussed the error with its independent accountants and is working with them to prepare and file the restated financial statements.
As a result of the restatements for the quarter ended June 30, 2004, accounts receivable will decrease by approximately $85,000, accounts payable will increase approximately $223,000, revenue will decrease by approximately $300,000, resulting in decrease of net income of approximately $180,000 for period ended June 30, 2004 after resulting changes in minority interest and income taxes.
As a result of the restatement for the year ended September 30, 2004, accounts receivable and revenues will decrease by approximately $130,000 and net income will decrease by approximately $80,000 after the resulting changes in minority interest and income taxes.
any commends?
Posted by glassman on :
my comment.....
how can someone as astute yourself claim to have been misled into this stock?
if you didn't know then what you do know now? i can't imagine that you've really lost...money comes and goes, but knowledge and understanding is YOURS...at least we can't take it from you..
it seems obvious to me that this accounting situation is really not the issue here...it appears that you are looking to make trouble... we don't need more trouble.. we ALL got plenty...just watch the news for awhile...
we could always use some help tracking down the next good pick....
Posted by <disappointed shareholde> on :
gap down monday? I am following clsi.ob for a quite while. glass man, have you ever studied all past 10Q ,10k? a wise man like you should give us a solid analysis to support yourself's perspective on Clancy. we are not talking accounting issue, we are talking about real revenue and profit!!! it's a joke that a so call value investor is not interested in 10Q.
Posted by glassman on :
quote:Originally posted by <disappointed shareholde>: gap down monday? I am following clsi.ob for a quite while. glass man, have you ever studied all past 10Q ,10k? a wise man like you should give us a solid analysis to support yourself's perspective on Clancy. we are not talking accounting issue, we are talking about real revenue and profit!!! it's a joke that a so call value investor is not interested in 10Q.
you called me wiseman? LOL i'm a maniac.... i daytrade regularly... i TRY to give people ALERTS on hot stocks...i think this is clearly NOT a hot stock...however, i think it could show me 100% over then next year or so...which is pretty good....better than i expect to do on MSFT or NOK this year...
why should i GIVE you anything? esp a report on the last 5 years of this co? there's no free rides..period... i expect 2cent stocks to have problems..heck i expect GOOG to have problems...
Posted by kottercracks on :
CLSI - good ole slow and steady
Posted by Thorn on :
Stuck between .017 and .021. Not a bad trade for around 23% (max).
quote:I have over a quarter-million shares and am still buying on every dip to .19 or lower.
Anyone wanting to buy at .19, please contact me first. Posted by kottercracks on :
Oh yeah. Parking managment is so fun!! LOL
Posted by kottercracks on :
Saweeeeet!!!!
Clancy Systems Announces New Contracts
Thursday March 17, 12:15 PM EST
DENVER, Mar 17, 2005 (BUSINESS WIRE) -- Clancy Systems International, Inc. (CLSI), a leading developer of parking enforcement solutions, announces it has added several new contracts in the past few months. The following cities have been operational for several months with Clancy's parking citation issuance and management programs: Fort Myers, Florida (with Standard Parking), Louisville, Kentucky (with Lanier Parking), and Central Parking Houston, Texas, and Austin, Texas, operations. Clancy has also installed systems with two private parking contractors: Deseret Parking, Salt Lake City, Utah, and Arizona Parking Enforcement, Phoenix, Arizona.
The growth of the Company's core product, its parking management system, affirms the Company's dedication to the parking industry. The Company can offer its clients a complete ticket issuance, management and collections package under one comprehensive system. "We see a growing demand for our systems and our services as parking problems escalate for both the municipal and private sector. We see a trend for private operators to manage parking problems at off-street facilities such as residential communities, business parks and other campus environments. We can offer these private operators a complete package with permits, payment processing and database management," states Stanley Wolfson, Clancy's President.
Copyright Business Wire 2005
Posted by Purl Gurl on :
Very typical news from CLSI. I expect this type of news to come forth periodically, in keeping with their history of slow cautious expansion, and history of releasing news of this type.
Eventually CLSI will reach a point of value share price must rise. CLSI is undervalued and enjoys a long history of black ink.
Approaching 400,000 shares on my accumulation.
Purl Gurl
Posted by blue_in_MI on :
dangit, stop crowding me on the bid at .015 Purl, have an order for 100k there that still hasn't filled!! heh
Posted by Purl Gurl on :
Too late, Blue!
I am working CLSI at .0171 per share.
Pound sand, White Eyes!
If our economy turns around, I expect CLSI to be up fifty percent by year's end, somewhere in the range of .026 to .032 per. I've been wrong on CLSI before. We'll see.
Purl Gurl
Posted by blue_in_MI on :
pound sand?! heh, i see the boys in the oil thread have gone and gotten you all testy!
i'm going to sit on the bid for CLSI at .016 for the next month or so, we'll see. also bidsitting on NMKT at .50, ALMI at 1.11, CXTI at .91, ETLT at .49, JMIH at .28, ATVE at .185, and a few others. got ALMI and NMKT today, no luck on any of the others.
Posted by blue_in_MI on :
btw, just to clarify - am still holding my core position in ALMI, have no plans to sell any time soon. am just talking about a smaller amount for swing-trading. has been a reliable swingtrade this week.
PDGE was hoping to get a bunch at 1.35 today, but - maybe tomorrow.
Posted by Purl Gurl on :
So YOU elbowed me out on ALMI!
I've had a big order in at 1.11 all day. I only got 200 shares! BLAH!
You are messing up my swing trading!
TESTY YES!
Purl Gurl
Posted by blue_in_MI on :
hah, take that!!
i would like to take a larger position in JMIH, really surprised that the last 2 PR's haven't budged them at all. good balance sheet, PE about 7, backlog up to 9 months, lots of room for growth, not sure why they haven't moved. another strong PR today - no movement. sooner or later, i think they will get noticed. we'll see.
i missed CPTC by a penny today - had an order in at 2.95, drats
Posted by Purl Gurl on :
I sent out a "watch to buy" on JMIH.
I would like to see it drop a few pennies for a buy. They are fairly new but already are into decent but mild black ink. I am a little worried if our economy really turns sour, sport boats won't sell well.
Nonetheless, JMIH is a very good pick by you. I am sharing this one with my friends and family.
I am thinking .28 to .29 for a buy.
Purl Gurl
Posted by blue_in_MI on :
we're living in dick cheney's america, that is part of why i like JMIH so much.
with the gap between the wealthy and the poor widening, and with the shrub and cheney in the white house, never been a better time than now to try to sell 38 foot fishing boats for $285k to very wealthy people who have benefited from the shrub's tax "reform".
sitting on 15k JMIH, looking for 5-10k more before am done accumulating. the first 2 5k blocks that went this am, that was my dad buying, on my recommendation to him - he emailed me today to confirm that his buys finally went through.
Posted by blue_in_MI on :
dangit, had an order out for another 50k CLSI at .016 and one went this morning, but - not mine. you elbowing me again?!
out yesterday's ALMI swing position (core remains intact), swapped into NMKT at .49 and PDGE at 1.35. i'm sure i will get burned and learn my lesson re: falling knives and old sayings, but - can't resist at those prices, well below where i thought they might fall to.
am sitting on IDIB bid at .381, so please make sure to stay at .38, heh
Posted by <longhorn_fan> on :
Read the above post and glad to see Clancy is now contracted in Austin, TX.
Posted by <longhorn_fan> on :
pps of .018 seems undervalued though.
Posted by glassman on :
the problem here isn't value..it's that there is some rabid whackjob who seems to show up all over the net bashing it Posted by <longhorn_fan> on :
Clancy continues to get new contracts. Good steady growth with black ink. Hard to believe it remains at .018 because of a basher.
Posted by <longhorn_fan> on :
Did not find any parking managment competition either.
Posted by <longhorn_fan> on :
going to watch and see how low it goes
currently at .017 - amazing!!
Posted by blue_in_MI on :
maybe it's a dumb strategy, but - my strategy for CLSI is to buy a chunk for every .001 they drop. have chunks so far at .018 and .017, have orders out at .016 and .015 just in case.
probably this is a "bad" strategy because it goes against the conventional wisdom to "never average down". but - eh, i'm using it anyway, i find it helps me to manage risk. i'm sure i have a lot of strategies that are pretty dumb if i sat down and thought about them though, heh
Posted by blue_in_MI on :
speaking of potentially dumb strategies, been a mixed bag with "don't try to catch falling knives". PDGE caught the exact bottom, very nice bounce off 1.35. NMKT not so lucky, can't believe dipped to .475. ATVE bought at .165 and that fell to .155 too. jury still out on IDIB and CLSI.
so, definitely a mixed bag, this "falling knife catching". i guess the technically correct thing to do is "wait for the bottom to be confirmed and a new uptrend is confirmed" or whatever. sometimes hard to resist though when something seems way too cheap, but - guess i have to learn to be more disciplined about this.
quote:Originally posted by blue_in_MI: dangit, had an order out for another 50k CLSI at .016 and one went this morning, but - not mine. you elbowing me again?!
out yesterday's ALMI swing position (core remains intact), swapped into NMKT at .49 and PDGE at 1.35. i'm sure i will get burned and learn my lesson re: falling knives and old sayings, but - can't resist at those prices, well below where i thought they might fall to.
am sitting on IDIB bid at .381, so please make sure to stay at .38, heh
Posted by <longhorn_fan> on :
Order filled last week @ .018 over a couple days. Have a feeling investors will eventually catch on to this nice little gem of a company. (Especially as Clancy continues to show growth and profit)
Posted by kottercracks on :
not filling @ .018 today
Posted by kottercracks on :
.017
nice!!
Posted by <penny_stocks> on :
quote:Originally posted by <longhorn_fan>: Did not find any parking managment competition either.
maybe there is no competition because there is not much of a market for this kind "parking managment" of business.
Posted by <penny_stocks> on :
quote:Originally posted by <longhorn_fan>: going to watch and see how low it goes
currently at .017 - amazing!!
watching grass grow is more fun (imo)
Posted by kottercracks on :
Surprised investors have not caught on to this nice little gem of a company.
Posted by kottercracks on :
I mean, I know it's parking management but this is a nice profitable little company that continues to grow.
Posted by Purl Gurl on :
Trading at .019 with over a half million volume.
I would like to state an upward run is in the making but this would be premature. However, it is clear there is sudden interest in CLSI for unknown reasons. Typically, this type of volume spike and mild price increase indicates some "inside information" has leaked.
Might be a reaction to the television special on new parking lot technology, aired recently.
Not suggesting a buy but I am suggesting to watch CLSI for a possible run.
Purl Gurl
Posted by glassman on :
i just love it when these unregistered's show up and start having conversaitons with each other...
Posted by blue_in_MI on :
Purl, perhaps anticipation of the 10Q? looking at edgar online for last year, they got a NT10Q on may 17, and then filed on may 20.
last year, this was the 2nd slowest of their Q's - $49K profit. not sure what to expect on this Q, we shall see.
still holding, of course.
Posted by Purl Gurl on :
I expect their 10Q to be just like the previous.
CLSI is almost always black ink profit, but not so much to brag about. They were about break-even on the fourth quarter 2004, if I remember right. That quarter included the adjustment for accounting errors for their subsidiary, I think Puerto Rico.
Appears to me CLSI is rolling over profits into software development, advertising and acquisitions. They do have a knack for expansion but yet always reporting a remainder mild profit. Their approach does seem slow and calculated. I like that. It is an approach of using earnings to increase earnings rather than making use of typical financing schemes.
As you know, CLSI remains very undervalued. Most of this seems a lack of exposure to investors.
An absolute is CLSI will never fall below its current value, and an absolute is they can only increase share value with investor exposure to their undervalued status.
Upcoming 10Q and a lot of television coverage on parking systems a few days back, those most likely are the prime contributing factors to this recent jump in volume and price.
I am still accumulating and will sit on these shares for years to come. Eventually, CLSI will display a healthy increase in value. My hope is my "to be" million shares will be worth a million, in five to seven years.
$20,000 investment, $980,000 return.
I am at a half-million shares currently, and you better stop messing with my bid price, Blue.
Purl Gurl
Posted by blue_in_MI on :
strange doings with CLSI yesterday - looks like maybe someone unloaded their position in a market order sell. as usual, hard to figure the trading patterns in this one. CLSI was showing strength recently and even in the morning, then suddenly - boom - big volume, bid dropped.
watching for any continued weakness to increase my CLSI position, we shall see.
Posted by Purl Gurl on :
Yes, Blue, very strange indeed!
I am pretty sure on this. That is one person who bought lots and lots of shares, is unhappy, and is unloading. Why I am sure on this is he appeared on another board just before the last 10Q filing and said prices would go down to .01 per share. CLSI was flooded and they did.
Very recently, he appeared again, just before this current 10Q and stated the same. This time, however, prices did not fall that low.
Appears there is interest in CLSI. I am coming across others who are working on accumulation of one-million shares as I am. One commented, "If CLSI goes up one cent, that is $10,000." He means at one million shares, upward move of one cent equates to ten grand profit.
A one cent move is very possible.
I used this recent dip to buy another 100K shares.
Works for me!
Purl Gurl
Posted by Purl Gurl on :
Clancy Systems International, Inc. and VenTek International Join in Park-by-Phone Program
19 May 2005, 3:51pm ET
DENVER--(BUSINESS WIRE)--May 19, 2005--Clancy Systems International, Inc. (OTCBB:CLSI) joins VenTek International in a new parking program. Clancy Systems International, Inc. has been providing parking solutions to government, university and private industry since 1986. VenTek International is a U.S. manufacturer with over 46 years' experience in providing parking hardware and equipment to parking operators, universities, municipalities, hotels, airports, parks and hospitals. The companies have joined by integrating Clancy's Park-by-Phone program ( www.park-by-phone.com ) into VenTek's multi-space meter environment. This integration provides telephone payment convenience along with cash and credit card payments to parking operators and patrons using VenTek's equipment.
VenTek's latest multi-space meters have a distinct advantage over the myriad of competing equipment by using wireless networking to provide real-time administrative control, credit card processing and enforcement services.
The system will be demonstrated at the annual International Parking Institute Parking Conference ( www.parking.org ) in Fort Lauderdale, FL, from May 22 through May 25. Attendees will be able to call Park-by-Phone service at Clancy's booth and will see the transaction on the VenTek equipment at the VenTek booth.
"The Park-by-Phone program is gaining acceptance by the parking public with great enthusiasm and membership is growing. Acceptance by users is only half of the solution. Integration into parking operations and state-of-the-art parking equipment is vital. VenTek's decision to implement Clancy's Park-by-Phone program validates the public demand for the convenience of this additional parking payment method," said Stanley Wolfson, Clancy's president.
"VenTek continues to separate itself from the crowded parking equipment field by focusing on technology, networking and service. The Park-by-Phone program is another factor, which helps the customer make the choice of VenTek when looking to install or replace multi-space meter equipment," states Gary Catt, VenTek's president.
Posted by blue_in_MI on :
interesting. wonder how big VenTek is, and how many places this whole park-by-phone thing might be implemented in, in say - a year? i assume VenTek is private, here is their website -
looking at edgar online, i see for the 3rd time in a row, CLSI has gotten the late filing notice (NT 10Q 3 days ago).
nice bounce today though
Posted by Purl Gurl on :
3331 North First Street . San Jose, CA 95134-1906 . Adminstration 408.321.5555 . Customer Service 408.321.2300 Item 5.1
MEMORANDUM
Date: May 25, 2001 TO: California Transportation Commission SUB: Status Report on the Guadalupe Corridor Ticket Vending Machines
BACKGROUND
The California Transportation Commission (CTC) allocated $740,000 in TCI funds on December 19, 1997 for the acquisition and installation of 86 new ticket vending machines on the original 22-mile Guadalupe Light Rail System. The Guadalupe TVM project was part of a larger $7,400,000 TVM procurement and installation package for other light rail systems that included the Tasman West, Tasman East, Vasona and Capitol lines.
This replacement of original Guadalupe TVM equipment which is now over 10-years old is necessary in order to achieve a systemwide compatibility of fare collection equipment on all VTA light rail transit lines.
REASONS FOR EXTENSION
On February 5, 1998, VTA awarded a procurement and installation contract to VenTek International, a California firm based in Petaluma, California. The first delivery of VenTek TVMs were installed on the new Tasman West line which went into revenue service in December 1999. Thirty one TVMs were installed by February 2000. Subsequent to the Tasman installation, the TVMs were subjected to “punch-list” corrections and also Reliability Demonstration Testing during revenue service operations in accordance with contract requirements to prove defined levels of reliability.
Technical difficulties occurred in the development, manufacturing and installation of TVMs on the Tasman West Line. Delays in delivery of the equipment was also an issue. Additionally within the past year, VenTek International successfully concluded a major reorganization of its internal management structure The second in a series of TVMs were installed on the new 2-mile segment of the Tasman East Light Rail line in early 2001.
Page 2
VenTek and VTA completed the 90-day Reliability Demonstration Testing on the Tasman East line from North First Street to Interstate 880 prior to its opening for revenue service on May 17 of this year. The VenTek TVMs successfully passed the specified reliability performance testing. Based on this, manufacturing of the TVMs incorporating the “punch-list” corrections and reliability improvements are now in progress for the 86 new Guadalupe TVMs. Under the revised schedule, VTA expects to complete the installation of the Guadalupe TVMs before the end of 2001.
Although VTA and VenTek staffs worked diligently over the past three years, to resolve the certain technical problems in the most expeditious manner, it became certain by early 2001, that the original schedule set for the delivery, installation and testing of VenTek equipment could not be met, and that an extension on the TCI funding and completion of the project would be necessary. Under the original contract, the completion deadline was March 26, 2001.
A one-time, 20 month extension to September 30, 2002 was requested and approved by the CTC on March 28, 2001,with the proviso that VTA present a status report to the Commission at its June meeting in San Jose.
STATUS OF GUADALUPE TVMs
Despite the early on delays and technical difficulties experienced with the VenTek TVMs, VTA is pleased to report to the Commission that VenTek International and VTA will successfully complete the Guadalupe TVM contract. As indicated earlier, VTA expects the contractor to complete the installation of the TVMs within the period provided by the time extension.
VTA is confident that the rail transit riders in Santa Clara County will soon enjoy the benefits of the technologically advanced TVM equipment which is compliant with American Disabilities Act guidelines and developed and manufactured by a U.S. company based in California.
Purl Gurl
Posted by Purl Gurl on :
Transit Planning and Operations Thursday, March 20, 2003 4:30 p.m.
City of San Jose 801 North First Street - Room 106 San Jose, California
Determined the Consent Agenda for April 3, 2003 Board Meeting...
Item #6., Authorize the General Manager to execute a sole source agreement with VenTek International in an amount not to exceed $2,650,000, for the purchase and installation of 34 Ticket Vending Machines (TVMs) for the Vasona, Capitol, and Tasman East Light Rail Projects....
Posted by Purl Gurl on :
"The VEI Working Group was created to develop and support an open, non-proprietary standard for data communications for fare collection systems. The VEI Working Group is made up of Ascom Autelca Ltd. of Switzerland, Scheidt & Bachmann GmbH of Germany, and three U.S. based companies, Agent Systems, Inc., of Dallas, Texas, VenTek International of Petaluma, California, and GFI Genfare of Elk Grove Village, Illinois. Fare collection systems from these manufacturers represent as much as 50% of the international installed base of modern electronic fare collection systems, and perhaps 75% of all North American systems...."
Posted by Purl Gurl on :
The Board unanimously approved, by roll call, the following items under the Consent Calendar...
5. Authorization of the Purchase of Twelve Additional Ticket Vending Machines (TVM) with Ventek International, Inc. at a Cost of $800,000. {Resolution 2003-40}....
Posted by Purl Gurl on :
Blue, there dozens and dozens of more articles just like those, for Ventek. They appear to be a really big company.
They will be directly marketing CLSI equipment as it is now a physical part of Ventek equipment.
Purl Gurl
Posted by blue_in_MI on :
has been awhile since i researched park-by-phone, am not exactly sure what exact part clancy collects $ on. in reviewing the website, looks like there is a $6 signup fee and a 10% convenience charge. is this clancy's typical cut, or are there other parts i'm missing?
so if i go to a ventek machine and do pay by phone, i am trying to understand the data flow. clearly it wirelessly connects to some network running qnx or whatever that either does a credit card charge or connects up to some park by phone server. what exactly does clancy run and profit from - mainly server software that processes all this stuff?
you mention "They will be directly marketing CLSI equipment as it is now a physical part of Ventek equipment." what do you envision as clancy's role in this - mainly loading a program on the PLC or whatever that links in to this park by phone thing? is clancy's only part of this likely to be the program, and the link-in to p-by-p, or is there something physical i'm likely missing?
also, i am curious about a p-by-p lot. are there special lots for p-by-p? if there is a guy in a little booth that i can walk over and pay cash to, vs. paying 10% extra to p-by-p, being cheap, i am always going to walk over and pay the guy cash. but - maybe there are special lots or whatever for p-by-p? i dunno.
anyway, should be interesting. i must admit, i am still a little skeptical of p-by-p. i very much like clancy, don't get me wrong. but - admit i am more enthused by other aspects of their business than p-by-p. we'll see how it develops, and i'll do a little more research on it this weekend; still not sure i fully understand the whole thing.
Posted by Purl Gurl on :
Blue,
"The companies have joined by integrating Clancy's Park-by-Phone program...into VenTek's multi-space meter environment...."
Impossible to determine if they mean Clancy's overall "program" (system) or if they mean their actual software program.
There was a very good special on those systems aired on television last week.
The system is a central box, about the size and shape of a street "blue" mailbox, the big ones. You can pay with coins, by credit card or pay by calling a special phone number. A small special fee is tacked on for phone.
These systems are extremely popular in urban areas where parking is at a premium. Many parking lots, including office buildings, now feature "stackable" parking. They park cars on lifts which raise a car up so another can park underneath! It has become so crowded in urban areas and real property is so costly, parking is rapidly expanding upward, even in small underground parking lots like for offices and apartments.
The basic concept is parking slots are white lined out and numbered. A parking attendant can check if the "parking meter" is paid by simple remote which returns which slots are paid and which are expired. This eliminates the need of a person chalking tires to keep track of time, and eliminates need for old fashion "Cool Hand Luke" parking meters, now valued collectables.
Most of these systems have sensors under the asphalt which detect if a car parks or leaves. Very simple system really. A new car signals a need to pay. An old car leaves signals a transpire of parking fee.
An important part of this is Clancy, or Ventek, can collect parking fees and parking tickets with much great success and for less cost than can city employees. A city using one of these systems actually generates more revenue, above and beyond the cost of the system. A bottom line is cities make more money using one of those systems.
This cooperation with Ventek is a good move. No doubt this will generate extra revenue for Clancy, and I am excited to learn by how much their bottom line will improve via this venture.
Telling ya, Blue, CLSI is slowly growing and becoming more valuable with each passing year. CLSI is undervalued now, will remain undervalued until investors take notice. Eventually, their bottom line will improve so much, investors will take notice and off we go!
CLSI is a safe and sane investment for patient people looking to enhance their financial status years down the road.
Today's news is greeted with delight, by me.
Purl Gurl
Posted by blue_in_MI on :
interesting thoughts, as always; and i'm still holding CLSI.
living in MI, guess i never think much about parking. got a parking ticket in ann arbor last year, but the only time i ever pay to park is the $40 i have to pay to park on the UofM golf course every football saturday in ann arbor. for the whopping $40, you would think they would supply enough porta-potties, yeesh!! or at least implement a pee-by-phone program, heh.
Posted by Purl Gurl on :
This morning, volume up a little, price up a little.
at first glance, looks like $19K profit compared to $48K in the same period the last year; and revenues down a bit. but, the last-6-month numbers look better compared to a year ago.
but - obviously this is only part of the picture, only skimmed the income statement so far. will read the 10Q in it's entirety this weekend.
looks like some complexity with income tax stuff, and sep 04 restatement, to dig through
Posted by Purl Gurl on :
Blue, I have some notes in the rock n roll thread.
This weekend, when finished mowing lawns, washing cars, pulling weeds, taking the kids to movies, look for a comment on the former president of UTS, a movement of cash from equipment buying into bonds, and debt pay downs.
The UTS thing, I suspect that was a sizable hit. They don't state this, but I think the former president of UTS ran off with a chunk of money.
I am comfortable.
Purl Gurl
Posted by blue_in_MI on :
quote:Originally posted by Purl Gurl: finished mowing lawns, washing cars, pulling weeds, taking the kids to movies,
>> mowing lawns - luckily, my 12-yr old does this now! sure helps, frees me to do other stuff, especially with half an acre to mow
>> washing cars - uh, i drive a junker, i don't wash it!
>> pulling weeds - ummm...i put down turfbuilder and grubex?
>> movies - promised to take kids wed nite to new star wars movie, the only day of the week they have no activities
wife and daugher gone girl-scout camping all weekend, so my son and i just have to move a mere 8 ton pile of 21AA gravel to the backyard and compact it for the patio, after his 8am soccer game of course. i pay him $7/hour, or $12 if he puts it in his scottrade account instead of spending it on xbox games etc
Posted by kottercracks on :
darn...was hoping on a better finance sheet...oh well
Posted by glassman on :
>> washing cars - uh, i drive a junker, i don't wash it!
the dirt protects the finish..if you get enough on there... Posted by kottercracks on :
one of the many advantages of driving a junker
Posted by Purl Gurl on :
Clancy Systems International, Inc. Launches Bicycle Program
June 17, 2005 14:14:01 (ET)
DENVER, Jun 17, 2005 (BUSINESS WIRE) -- Clancy Systems International, Inc. (CLSI, Trade), under a contract with University of California Los Angeles, UCLA, has launched a new security program for bicycle locker use. The first three programs utilizing this technology are at UCLA, Bay Area Rapid Transit (San Francisco) and the Los Angeles Metro. The program utilizes Clancy's Park-by-Phone system for bicycle locker reservations and payment. The program also issues the unlocking combination. Recently, since 9/11/2001, bicycle lockers have proven to be problematic to agencies as they present security issues and may be misused. Everything from toxic waste to possible explosive placement have caused a concern to the agencies and a hardship on the bicycle riders because of need to regulate use.
Bicycle riders now have a safe, secure and flexible program for parking their bikes. This program expands service for Clancy's Park-by-Phone parking payment service. Now on campus at UCLA and soon at several transit stations for Bay Area Rapid Transit (BART) and for the Los Angeles Metro, bicycle lockers are being installed utilizing Clancy's newest access control equipment. Additional installations planned for private parking lots. The BART program begins Monday, June 20.
The bicycle locker program requires a Park-by-Phone registration. Once a user becomes a member, he or she goes on-line and checks for bicycle locker availability. After finding an available locker the member calls Park-by-Phone and enters the locker's location code. The system delivers the opening combination and reserves the locker. Now the member rides to the bicycle locker, enters the combination, the door pops open, the bike is placed in the locker, and the door is shut. When the member returns to retrieve the bike, another combination is delivered via another Park-by-Phone call. The member enters the combination and the door pops open again.
This patent pending service and locker hardware provides total access security without keys, padlocks or cards.
"Clancy has partnered with bicycle locker manufactures and the agency users to produce an innovative solution to the very complex problem of open access for bicycle riders while eliminating the misuse of the lockers," said Stanley Wolfson, Clancy's president.
Clancy has aligned with the 3 major manufacturers of bicycle security and locker equipment (Creative Pipe, Rancho Mirage, Calif.; CycleSafe, Grand Rapids, Mich.; Huntco, Portland, Ore.) to provide the locking control equipment and the technology to maintain the user and utilization information. Clancy's system will deliver the control codes directly to the user via cell phone as well as provide billing for the usage.
The program is unique to security and access. This program makes it possible to offer bicycle lockers to the public and not just a few limited riders as the agencies can easily obtain information about who is using the lockers and the times in and out. This totally eliminates key distribution and maintenance.
Clancy looks forward to seeing this program grow as it solves major problems for transit authorities, universities, private parking operators, and will eventually expand to other locker and access security applications.
Posted by Purl Gurl on :
"...and will eventually expand to other locker and access security applications."
Sitting on over a half-million shares here.
Posted by Purl Gurl on :
Those companies with which Clancy is working, are listed at that site.
One of these days, traders will realize Clancy is continuing to slowly build company value, backed by a long history of being profitable.
Posted by Purl Gurl on :
CLSI continues to expand and increase company value.
Clancy Systems International, Inc. Contracts with Norwalk Tuesday June 21, 2:24 pm ET
DENVER--(BUSINESS WIRE)--June 21, 2005--Clancy Systems International, Inc. (OTCBB: CLSI - News) has been awarded a contract to issue permits for the Norwalk/Santa Fe Springs Transportation Facility. The City of Norwalk, Calif., and the City of Santa Fe Springs, Calif., jointly operate the Norwalk/Santa Fe Springs Transportation Center Facility. The permit subscription program is for Metrolink commuter patrons. Permits will be issued for 314 parking spaces on the Norwalk side and 64 spaces on the Santa Fe Springs side of the station. Clancy will market, manage and operate all aspects of the reserved permit program.
The program opened at 8:00 AM on June 20, and by 2:30 PM all permits had been reserved. Start date for permit parking is July 5, 2005. Once the actual parking program is underway, Clancy will oversee the daily enforcement.
Clancy provides permit services to other transit authorities in California including BART (Bay Area Rapid Transit) and the Los Angeles Metro. These programs also offer reserved parking programs for daily commuters and travelers as well as other parking related services including the Clancy's Park-by-Phone program.
Posted by Purl Gurl on :
Telling ya, you should be keeping an eye on CLSI.
Posted by blue_in_MI on :
did you get your million shares yet, Purl? certainly some good buying opportunities lately. sat on .0145 today but no fill, maybe tomorrow.
surprising to see this dip, in the wake of some interesting news coming out of Clancy lately. not sure what to make of it, sometimes clsi seems to slowly cycle up and down without much rhyme or reason.
sad to say i sold NWD, just didn't trust it to go up and *stay* up. sure enough - it didn't. looking to buy back shortly though. it bugs me to have to sell stocks i like.
pretty amusing spread on DVPC, eh? .08x.13! been on .085 the last few days, but - no fill.
any thoughts on SPDV? can't help but like it, maybe it's the science-geek in me.
watching the twin beaten-down chinese brothers of CXTI and ETLT, trying to decide if i trust bottom support. looks decently strong at .54 for CXTI and .22 for ETLT, but - dunno, still a little jittery to buy CXTI or add a little more ETLT.
NMKT the usual slow driftback/quick jump ebb and flow. still think low-.40's is the bottom for this one, have trouble seeing it dip to the .30's and stay there. we'll see
Posted by Purl Gurl on :
Continued good news,
DENVER, Jul 07, 2005 (BUSINESS WIRE) -- As cyclists arrive downtown they'll be greeted by "innovative bicycle lockers," providing a safe and secure end-of-trip bicycle parking for bicycle commuters. In the spirit of innovation, two local companies CLANCY SYSTEMS INTERNATIONAL, INC. (CLSI, Trade) and AMPCO SYSTEM PARKING have partnered with CYCLE-SAFE, INC. of Grand Rapids, MI, to install the first open-to-the-public bicycle locker system on a commercial parking lot.
Here is how it works: Motorists have been using Park-by-Phone and their cell phones to pay for parking at AMPCO lots in Denver since 2004. Now, cyclists can use Park-By-Phone to reserve an individual totally enclosed bicycle locker.
Locker access is initiated through cell phone to the Park-By-Phone system, which will provide the combination to reserve and open a locker door. When cyclists return, they simply call the Park-By-Phone number to repeat the process, open the door and remove their bike.
"Cycle parking is of great importance for an environment encouraging cycling. The Clancy Park-By-Phone system is the solution we've long been looking for," said Richard Hartger, President of Cycle-Safe Inc. in Grand Rapids, Michigan.
"I am excited about offering what we consider the ultimate high performance storage enclosure for bikes, offering maximum management control and maximum service levels 24/7," said Stan Wolfson, President of Clancy Systems of Denver.
"The recognized AMPCO brand manages the most used parking facilities in the Denver parking market. The Park-by-Phone program adds a cellular phone payment method for vehicle parking and now bicycle parking for maximum customer convenience. While it is newly operational at UCLA campus, Los Angeles Metro and at Bay Area Rapid Transit sites, we are excited to be the first time bicycle locker system with Park-By-Phone capability available in a private parking lot," said John Conway, AMPCO's branch manager for metro Denver.
Demonstrations of the new parking technologies will be held from 10:00 a.m. till 3:00 p.m. on Thursday, July 7, 2005, at the AMPCO lot on the corner of 18th and Broadway across from the Brown Palace Hotel. A press conference will be held at 1:30 PM.
Posted by blue_in_MI on :
trying to free up some cash to put in a good-sized buy order at .013, surprised a large sale went through at that price today.
hard to make sense at times - CLSI some nice news lately, but - sinking. HOM - some nice news but still sunk, now suddenly coming back. PDGE, ugh. dunno, market makes you scratch your head and say "huh?" at times.
in a completely different topic - this is strange, have been watching FRGN sales a bit lately, waiting on their (late) 10K. why the heck are there so many sales of 499 shares? i don't get that, any ideas Purl? following are just some from today, but even last week, most of the sales were also 499 shares.
so you reach your 1M shares yet, PG? this week was a great time to buy - got some chunks at .013 and .0125.
some times the market can drive you crazy - ie PDGE, etc.. sometimes, things work "textbook" - was very nice selling HOM at 1.75 and pouring the funds immediately into CLSI at .013. ah, that it can't always work out that nicely...
surprised NMKT drifted back this low, honestly i thought it'd stay above .46 or so.
Posted by blue_in_MI on :
bit of an uptick out of the doldrums for CLSI today, we'll see if can sustain it. wide spread might slow down trading a bit, we'll see if it breaks up or down next.
*finally* a week like i've been waiting for with TMFZ, about time! their upcoming Q should be quite interesting, i expect it to be quite good, as their last several ones were. we'll see.
Posted by blue_in_MI on :
actually a few other value stocks that we've talked about PG have come back a bit lately: nice to see the runs by HOM, NWD, and a few others. now if PDGE would just join the party... not much seems to move MIG up either. they just released an excellent Q but barely budged. ah well, maybe someday they'll at least make it back to book value, i'm holding.
Posted by blue_in_MI on :
so...who turned out the lights?
i see not only you are gone Purl, but you took glassman with you! drats. was absolutely swamped for most of the spring/summer, but now things are clearing up so i'm embarking on research and starting to follow the market again, but it appears several of my stock-pals have left the building.
hope it's not a year absence again, and if you ever want to bounce stock ideas back and forth - you know my email address
Posted by blue_in_MI on :
re: this P-by-P stuff, i am still having a hard time getting a handle on how big or not-big this is for CLSI. sounds good that it was "very successful" in W-Beach and that they're expanding it to Wilmington, wonder how many spots and what kind of revenue that translates to. obviously it's very early and seems hard to predict the future on this one, but am curious about say the daily revenue in a city like one of these in NC. guess we will have to wait for the 10Q's to know for sure - CLSI is pretty terse and sparse in their PR's, yesterday's was fairly typical for them.
Posted by blue_in_MI on :
trying to get caught up in reading Q's from when i was swamped then on vacation - CLSI's came out last week. made a very mild profit on the Q - revs down slightly, but seems to be due to the contract cycle with selling tickets to customers.
the up side with CLSI imho is that they are almost always profitable. but in order for them to make a sustained move up, i am still thinking that they are going to have to become *more* profitable. for awhile it looked like they were headed there, but the $9K profit on the last Q isn't going to excite investors. maybe it's time to bump up their margins a tad, i dunno. hopefully some of the recent PR's about bike and other stuff with help.
still holding, and will hold long, but i admit that imho CLSI is going to have to figure out a way to make more money, for the stock to move up. it's cheap now if you look at their market cap compared to their possibilities and potential markets, but it's less cheap if you look at it in terms of a "current P/E" basis.
Posted by blue_in_MI on :
back in march this thread tangented off to JMIH - jupiter marine. maybe at some point i'll put up a separate pro/con new thread on JMIH, with the notes i've made on them this year. but for now - they just quietly released another good Q:
at this point they generate as much excitement as CLSI seems to be doing - the good results were met with a yawn, and a whopping $64 of JMIH traded yesterday, no joke. but - still quietly accumulating on dips, the company still looks good to me. will be interesting to see how their increased capacity pans out later this year, sure seems like business is good for them.
Posted by blue_in_MI on :
have only been investing in OTC stocks for 3 years now, but - CLSI has been by far my most disappointing holding over that time span. at this point, i am flat-out disillusioned and frankly, disgusted with them.
as usual, they are a MONTH late with filing their 10K, and this time so late that they got the E. if they keep going on like this a whole lot longer, they will be delisted and have to move to the pink sheets. they are actually coming up on the deadline for their NEXT Q to be filed (only 3 weeks away), so that's practically a guarantee that they'll be late on that one as well. again. their edgar online filing is littered with entries starting in "NT ":
of course, they do not respond to any of my emails.
very disappointing, because i had high hopes for CLSI. at this point though, i have to conclude that the wolfsons are simply incompetent. there's just no excuse for their repeated ridiculously late filings, i am tired of it and their indifference to shareholders. it makes them look like a mickey-mouse organization. they seem to have zero ability to learn from past mistakes and perhaps START EARLY too get ready for a filing and get it in on time, for a change.
obviously the market agrees with me, seeing as CLSIE is making freqent new lows these days.
grrr.
sorry - rant over.
Posted by *Magnetic*Microspheres* on :
Blue I haven't held shares in this since last year, but I do continue to monitor there progress or lack there of. It became pretty apparent that it was dead money as the Wolfsons left the shareholders out to dry. One thing you mentioned though was that they were not responding to any of your emails. Seems that their indifference to shareholders has worsened. If you recall last year I PM'ed you with some progress with the company; that info came directly from Liz Wolfson. She used to be very prompt in responding to any of my emails, I am surprised that this has changed. Listen you got a right to rant, simply amazing that the PPS has dipped into the subby land. I know that you are a man who looks at fundamentals 1'st so I know those NT filings have to get you upset. Pinkie land would not be good because the Wolfsons complacent attitude would keep it there. Best case scenario is that they stay on the OTCBB and decide to retire letting the Clancy company reverse merge into a larger company. Anyhow Long time no speak Blue I hope things are good with you!
Posted by *Magnetic*Microspheres* on :
CLSIE Clancy Systems International, Inc. Common Stock 02/21/2006 Failure To Comply With NASD 6530; Added to NBB (CLSI) going to the pinks....
Posted by blue_in_MI on :
just pitiful - never thought i'd see the day that safe and boring CLSI hit .006 for periods. that's what missing 2 filings and getting booted onto the pinks will do to you.
not much to say - i pretty much spoke my mind about CLSI in my previous 1/28 post above, nothing to really add. plain and simple - my most disappointing OTC stock holding ever.
and maybe also a good reminder that there really is no "safe" in the markets. sometimes you can make logical and reasoned decisions, in my case to buy CLSI, and they can just end up wrong no matter what. the risk/reward curve on CLSI was good a year ago in my opinion: a profitable, growing company. sometimes you can still roll snakeyes though, even when the odds are on your side.
just - a bummer, not much else to say.
Posted by blue_in_MI on :
holy cow, CLSI actually released their 10K! albeit nearly 3 months late:
still will have to read fully, but - earned a mild profit on the year, $176K. so let's calculate P/E based on that:
P/E = (.0089/sh)*(365.3M shares) / $176K = 18.5
so - trailing P/E of 18.5
of course that's not everything. looks like balance sheet improved: shareholder equity now about $2.5M. so that's about .0068, compared to a .0089 stock price.
will read the whole thing, just a few initial back-of-the-envelope calculations to start out with.
Posted by vg on :
Blue are you still in it or out after the purl left. I know in between you were holing some, I will be waiting for it to dip more before I get in
Posted by blue_in_MI on :
i criticized CLSI when i felt criticism was clearly due, but - now will give them some credit.
CLSI just FINALLY filed their 10Q, very late, but i have to say: it's good.
still digesting in full, but - good balance sheet, earned $108K. which is about in the same ballpark that they earned for all of last year. CLSI used to reel off 100k+ profit quarters with some regularity, but - this was the first for the last year. seasonally this has tended to be a good Q for them though, so - will need to keep this up, for the stock price to move much higher.
anyway - was a solid Q, i expect will move back to .01 or possibly .011 range next week. in my view, fair value might be .011-.012 range. could be much higher, but - still some nagging concerns, starting with management's eternally late filings, hold it back a bit imho. i'll add a little more if can get at .009 or .0095 monday, but i admit am a little gunshy about CLSI: would personally not be willing to make it a big holding at this point. maybe down the road if they can string together a few 6-digit profit Q's.
Posted by blue_in_MI on :
surprisingly took a few weeks to move up after the Q, but - finally out of the subpennies, at least for the moment. some buying today - .011 with a .0105 x .011 spread.
wonder if they are going to file to get back off the pinks
Posted by Purl Gurl on :
Blue, I am holding one-million shares of CLSI.
With today's fuel prices, perhaps there will be an increasing demand for parking services, including bicycles. Ridership on trains, buses and subways, here in Southern California, all are up ten to fifteen percent and increasing. Parking demand is exceeding parking capacity.
Still holding ALMI, IESV and HOM.
I am in HOM average 1.70 per. I am looking to make HOM a ten bagger.
My sincere hope is all is well with you and yours and you have finally finished your back porch area!
* sticks out her tongue at Tex and Glassman *
Purl Gurl
Posted by BuyTex on :
quote:Originally posted by Purl Gurl: Blue, I am holding one-million shares of CLSI.
With today's fuel prices, perhaps there will be an increasing demand for parking services, including bicycles. Ridership on trains, buses and subways, here in Southern California, all are up ten to fifteen percent and increasing. Parking demand is exceeding parking capacity.
Still holding ALMI, IESV and HOM.
I am in HOM average 1.70 per. I am looking to make HOM a ten bagger.
My sincere hope is all is well with you and yours and you have finally finished your back porch area!
* sticks out her tongue at Tex and Glassman *
Purl Gurl
Posted by blue_in_MI on :
Purl, it is always great to log in and see that you have posted.
I did finally finish my entire backyard just this past weekend, thanks for asking. patio was done last year, just doing landscaping this year. should have bought that CLWY stock you mentioned a year or two back: dropped another $600 on trees/shrubs/dirt/mulch just this past weekend! is good to work outside after spending too much time at a desk.
i hope you and yours are also doing well out in CA, and that you were successful in finding that land you were looking to buy.
there was not a shred of doubt in my mind that you were still holding ALMI, i knew you were. great fun watching it take the next leg up, as was discussed over in the ALMI Pro/Con thread.
HOM - as is my specialty, i sold way too early; happens all the time, ah well.
a few months ago, you wrote:
"look for long-term value stock investments. Look for value stocks to be periodically clobbered by a very nervous investing public."
This is still a main focus of mine, looking for strong value and long-term plays. also of course searching for improving results and chances for growth.
my main strategy is trying to heavily diversify with small positions in quite a large range of promising microcaps. because i've always sold too early in the past, trying to resist that urge now, and simply hold long (with a few exceptions like NMKT, which are just too attractive as swing-plays to pass up short-term profits on). have quite an assortment of funny little stocks in my "basket", most of them profitable with good balance sheets and trading at low multiples.
lately with the metals run, a main focus of mine has been on these metals stocks, as perhaps you saw in the "frisky" thread. i actually get some real discussion in that thread, fun for me who usually rambles on mostly to himself in most other threads!
haven't added too much to my basket lately: bought a little TCRS.PK when it dumped into the .40's last week, and this week so far my main stock of interest has been KSWW. also watching several others, like ELSE and IAIC, hoping for a good dip to buy on.
anyway - off to "real" work now. thanks again for stopping by and posting. great to see your name on the board again, and i hope you make more frequent visits. am sure will never be able to explain to you the degree to which you profoundly influenced my investing style and habits, you were truly my "teacher" here for the first year i started investing in individual stocks.
Posted by Purl Gurl on :
Blue, how could I be your teacher when I play your stock picks?
In keeping with my recent thoughts:
Clancy Systems International, Inc. Adds Transit Contract
April 25, 2006 14:24:01 (ET)
DENVER, Apr 25, 2006 (BUSINESS WIRE) -- Clancy Systems International, Inc. (Pink Sheets: CLSI) has contracted with Standard Parking of Chicago to provide a comprehensive reserved permit system for the Chicago Transit Authority (CTA). The program now services three major stations: Pulaski, Cicero/Midway and Cumberland. With the success of the program new stations will be added. The CTA program utilizes the Web-enable services that Clancy provides to other transit systems including BART (Bay Area Rapid Transit), LA Metro (Los Angeles County Metropolitan Transportation Authority) and NTSFS (Norwalk Transit-Santa Fe Springs).
These agencies administer 175,000 parking spaces. Many of these spaces are now being converted to paid reserved parking utilizing Clancy's services which include not only the monthly reserved permits, but travel parking permits, daily prepaid reserved and Park-by-Phone on the spot paid parking.
These programs earned BART a prestigious Federal Transit Administration Transit Website Award for "Outstanding Transit Information Website Design." The award was issued by the Department of Transportation, United States of America.
"Clancy looks to expand its programs for transit systems and private parking operators as the need for reserved and guaranteed parking becomes more widespread. We see a tremendous opportunity for growth in public transit and we are positioned to provide services that make parking and permitting easy for the rider and profitable for the transit agency," stated Stan Wolfson, President.
SOURCE: Clancy Systems International, Inc.
Posted by Purl Gurl on :
ALMI is enjoying a nice run today.
I am looking at your TCRS and IAIC picks. The others look good but beyond my usual price range.
Purl
Posted by blue_in_MI on :
nice news for CLSI.
i had crummy luck today with ELSE: sat at 5.15 for several days, dipped to 5.13 today for several trades this morning, never got a single share.
promptly hit 7.45 this afternoon. drats!
will have to look into MKRS again: played it once for a quick swing trade, but - has been quite awhile since i looked into it.
Posted by Purl Gurl on :
For CLSI, nice modest run today.
I am excited to watch CLSI this week.
Blue, you might find these interesting,
CHID PVCT TMWD
Purl Gurl
Posted by vg on :
Purl is back wooo hooo
Posted by blue_in_MI on :
ELSE, still frustrated over missing ELSE - i hate it when buy orders cheaper than mine, of the exact same block size, execute; and mine just sit there while it runs away. argh.
IAIC ran away from me too to a smaller degree, was sitting at .62; stock sat at .63 most of the day before bumping to .68 at close. ah well, maybe later this week.
CHID, have actually had buy orders out a few times over the past month, i usually keep up fairly well with chinese micros. unfortunately, i obviously set them too low - nice move up for it yesterday. will continue to keep an eye on; to see if it has any dips.
maybe there is a theme here: that i have to stop being so cheap with my buy orders.
PVCT, have not heard of - will read a bit about provectus.
TMWD looks to fall into the "transitioning from a loss to a profit" category i know you are fond of, though they're not quite there yet. i know you work a lot with networking/isp/etc stuff - have you used their MailGate product before, is that what drew you to them?
and a broader question: what price range do you generally try to stay under for stocks - $3-ish range?
Posted by blue_in_MI on :
wide spread, but - CLSI showing some more buying pressure today.
ELSE - story of my life: hit 11.20 this morning, a day after i missed it by maybe a penny at 5.15 yesterday. just like CYDS, SUWN, and too many others to even mention, *sigh*
Posted by blue_in_MI on :
volume suddenly dried up for CLSI; a whopping thirteen dollars traded hands today.
still watching CHID - buy order a few cents away from filling today, maybe next week if momo traders hop off the wagon.
TCRS got some nice volume today: 115k shares, which is a large amount for a very thinly traded stock like TCRS. am still holding - doesn't strike me as overvalued: earned .17/sh last year, and followed up with .043/sh in their last Q.
i suppose i am polluting the CLSI thread, perhaps there should be a new thread entitled "purl and blue blabber and banter about various random little stocks", heh
Posted by blue_in_MI on :
still not much CLSI volume, but spread has bumped up the highest in a long time: .014 x .015.
i see my .70 limit buy for CHID triggered this morning, PG. PDGE dipped to my 1.58 limit buy price but i didn't get any, maybe this afternoon.
Posted by blue_in_MI on :
actually some volume came in during the afternoon for CLSI, nice .016 close on 1.3M shares which is a small dollar amount but a fair amount for a thinly traded stock like CLSI. maybe will regret, but - i admit that i took half off the table at .016, but will hold the other half long. couldn't resist selling half to get away breaking even on a chunk, considering was only two weeks ago we were at .006 and not .016. i like CLSI, but - i really hate late filings (i am really f*ing pissed_in_MI at ETLTE at the moment).
probably will regret as well, but - took .744 on CHID and turned into a swing trade. am probably wrong and now will go straight to $20, but - i just get a feeling about it that it's going to be a big bouncer. am going to watch it for awhile and try swingtrading it like i often do NMKT. i mostly do long-term holds, but - could use some more practice swingtrading.
Posted by blue_in_MI on :
i'm actually not sure about the procedure by which CLSI has to get off the pinks and back on the OTC. is it just a simple thing now that they have become current with their filings? or are there are a fair amount of hoops to jump through, and it generally takes awhile? Purl, anyone?
re: CHID - figures, was sitting at .69 all week for a re-buy: missed it by maybe half a cent, .835 close yesterday. dang, i sure have that "missed it by a penny" thing happen to me a lot, d'oh!
Posted by blue_in_MI on :
CHID - story of my life - now on fire, *sigh*. well, i can't say Mother Hen didn't warn me! of course if i would have simply held CHID, it now would be at elevens cents.
ah well, hope you are presently making a bundle on this one, Queen Bee!
Posted by blue_in_MI on :
added some chunks of IAIC today, very nice dip. doesn't make much sense to me that it should be trading in the .50's, market cap barely $6M at that point. i think it has a shot to net $1M the upcoming 4 Q's, and like the trend of these numbers:
that would imply a forward P/E of about 6. we'll see how it goes down the road, hard to say of course. maybe i'm an idiot, but - sure looks like a good buy to me from these levels though.
Posted by Purl Gurl on :
Blue, many companies have elected to move to pink sheets to avoid Sarbanes-Oxley costs. Pinks are becoming more attractive because many proven companies are now appearing on pinks and displaying better earned profits by avoiding account / reporting costs.
Purl Gurl
Posted by Purl Gurl on :
Clancy Systems International, Inc. to Market American Chariot Personal Mobility Device
May 08, 2006 12:58:01 (ET)
DENVER, May 08, 2006 (BUSINESS WIRE) -- Clancy Systems International, Inc. (Pink Sheets: CLSI) has announced a strategic marketing alliance with American Chariot Company Inc. of San Leandro, California, to introduce and market its Chariot to the parking industry. American Chariot manufactures a lightweight electric vehicle designed for personal mobility that is reliable, versatile, inexpensive and compact. Clancy has penned an agreement for exclusive marketing rights to the billion-dollar parking industry.
"Now that fuel costs are going through the roof, the Chariot becomes even more import to budget-conscious city governments, private companies as well as airports and college campus operations. The Chariot is very affordable and costs just pennies a day to operate. Among current users of the Chariot are the U.S. military, various law enforcement agencies as well as many industrial companies. Clancy provides a direct entry into the industry," said David Joseph, president of American Chariot.
"I believe our customers will be as excited as I am about the implementation of the Chariot into their operations. The use of the Chariot in the area of parking enforcement will bring new efficiencies to city and institutional operations already feeling a budget crunch due to rising vehicle costs and fuel prices," said Stanley J. Wolfson, Clancy's president.
Clancy will kick off the marketing alliance with American Chariot via the Internet Web site www.expo1000.com. The parking search engine is offering an essay contest in which the winner will receive an American Chariot for his or her parking company or agency. Clancy will introduce the Chariot to the parking world on May 15 at the International Parking Institute's (www.parking.org) annual conference and trade show in Las Vegas.
Posted by Purl Gurl on :
Blue, I bumped this back up to the top so you will not have to search.
Had a thought today of talking to our mayor, a family friend, and suggesting he look into electric carts for city services, specially Chariot Carts!
I think that might be illegal, this is, my pushing CLSI for personal profit... However, I am a known rule breaker!
Last I looked, which has been years, our city uses those gas fired Cushman carts. Don't know what they use today. Parking, meter reading, even some trash service would be better served, economically, with electric carts.
Maybe this will catch on with gas so pricey.
Clearly CLSI is thinking and their timing is good.
Purl Gurl
Posted by blue_in_MI on :
will look into this chariot thing - interesting.
am buying TCRS today in the .40's, a swing position to add to my long position
Posted by Purl Gurl on :
TCRS, just now researching. Looks to be a good pick!
They dropped SEC filings back in 2004 year. However, they are providing financial reports through news.
I have not finished my research but I have decided to buy based on what I read and your suggestion.
Looks to be good for, at least, a bounce back up to .55 to .60 per technical charts. Fairly decent history of predictable bouncing. There is comfort in this risk taking knowing they are profitable.
I will post on TCRS later today after research.
Nice pick!
Purl Gurl
Posted by Purl Gurl on :
To help you feel better, Blue, I also miss some stocks by one or two cents.
I tried this one at .47 but then it jumped up .48 and continued. I will try again in the morning.
So far, I have not found any negatives about this company, nothing which causes anxiety. I am about to go back through their information to discover lenders to look for Cornell and others like them.
Volume was acceptable today. I am comfortable with their average volume; very workable.
Again, recent charting looks good for periodic bouncing. If anything, there is good potential for playing bounces, maybe once a month.
I have not found much of anything which indicates their share price will fall dramatically. Looks they may be at their current bottom support.
I will post more as I find "stuff" to share.
Purl Gurl
Posted by blue_in_MI on :
quote:Originally posted by Purl Gurl: To help you feel better, Blue, I also miss some stocks by one or two cents.
heh but i'm the dual master of:
1) miss a huge runner by a fraction of a cent (CYDS and SUWN in particular come to mind, many others though)
2) if i do catch one - sell it way too early
ah well, live and learn - trying to stop my habit of watering the weeds and weeding out the flowers, or whatever that old saying is.
agree re: TCRS and swing candidate. clearly i should have sold my position from the .40's in the .60's, but - hindsight and 20/20. have two portions now: one for swing trade, and another long. i like companies that trade for 3x trailing earnings. admittedly TCRS is a pink sheet, but - as you noted in some other threads, there's different kinds of pink sheet stocks. most are garbage, but - several i've owned for awhile i consider good quality stocks, ie: BOGN, TCRS, CNSI. BOGN i'm particularly fond of - they've paid some nice dividends over the last few years.
Posted by Purl Gurl on :
Blue, CLSI appears to becoming more aggressive with their news. This is most news they have released over such a short period of time.
This is fairly decent news, nothing major but "should" improve their financial bottom line. We shall see next 10Q.
Slow & steady growth, this cannot be argued.
May 11, 2006 15:12:01 (ET)
DENVER, May 11, 2006 (BUSINESS WIRE) -- Clancy Systems International, Inc.'s (Pink Sheets: CLSI) wholly owned subsidiary in Puerto Rico, Urban Transit Solutions Inc. (UTS), has announced an expansion in one of the six cities UTS has under contract there. UTS President and CEO Kenneth Stewart said, "The city of Cauguas, PR, has verified its satisfaction with UTS operation of the city's parking programs by asking UTS to increase the number of on-street metered spaces by 30 percent."
Stewart said the expansion will mean an increase of revenue to the city of at least 20 percent. In addition, UTS expects to begin operating an hourly parking lot in Cauguas in June.
Clancy Chairman Stanley Wolfson said, "The potential for UTS in Puerto Rico is very encouraging. The management staff overseeing the six city programs have gained valuable experience over the past few years and have made programs successful for the cities and for UTS."
Stewart added, "We are expanding programs in other contract cities and anticipate installing more meters and adding ticket issuance to cities not currently doing enforcement."
UTS provide turnkey parking operations including installation, management and enforcement duties to municipalities. The company also recently began to expand to the off-street market with daily and monthly parking operations in Puerto Rico.
SOURCE: Clancy Systems International, Inc.
Purl Gurl
Posted by blue_in_MI on :
i saw this PG, interesting. probably a good use of the word "potential" for UTS - so far UTS hasn't panned out too well for CLSI although they've at least improved. will be interesting to see if they can turn to a black-ink contributor to CLSI down the road.
Posted by blue_in_MI on :
IAIC was mentioned in this thread - mildly disappointing Q released this week, earned a penny on the Q:
CEO quoted: "Some orders that we expected to work on in the first quarter were recently awarded and will be performed during subsequent quarters of this year. We expect our quarterly profitability to improve during the year as a result of this."
stock stayed flat on this combo of slighly disappointing results/good guidance, was actually hoping for a steeper dip to add on. maybe if the market tanks some more next week and there is much general gnashing of teeth, IAIC will dip to the low .50's, we'll see. company looks pretty solid to me.
Posted by Purl Gurl on :
After market yesterday, CLSI released a very nice 10Q filing displaying continued growth and continued profits.
i agree, was just looking over. CLSI got a little derailed last year imho, for example they had a long string of profitable Q's broken. but - looks to be slowly but surely getting back on track. particularly nice to see the increase in revs. put a few buy orders out at .0135 and .014, no fill today but maybe tomorrow. always hard to guess the block sizes that might get filled on CLSI, so i generally put a few out of different sizes.
Posted by Purl Gurl on :
Yes, a very decent 10Q filing. Not spectacular, not a shaker and a mover, but rather confirmation of slow, steady progress towards an improving bottom line and expanding their market hold.
I am very pleased with CLSI progress. A few more 10Q filings like last night's and CLSI might move up a penny! HA!
This filing is one of their best, to date.
Still standing strong behind my words CLSI is a very good super long term hold, a good college fund investment or similar. I truly believe CLSI is a very safe investment for excess money which can just sit and collect dust without causing problems.
Darn cheap to boot!
Purl Gurl
Posted by Purl Gurl on :
Very tiny run up for CLSI, today, with very heavy volume for this stock.
I do not know if this actually means anything. Might keep an eye on CLSI to discover if much comes of this.
Purl Gurl
Posted by Purl Gurl on :
CLSI is very slowly creeping up in share value.
Next 10Q will be out after June 30 quarter end.
My opinion is this 10Q will be moderately decent. Nothing to brag about, mild profits, continued slow and safe growth of CLSI bottom line.
Purl Gurl
Posted by Purl Gurl on :
CLSI, a little less than a million shares volume, share price creeped up a tiny bit.
This is very unusual activity for CLSI.
Purl Gurl
Posted by Purl Gurl on :
Aug 14, 2006 13:41:15 (ET)
DENVER, Aug 14, 2006 (BUSINESS WIRE) -- Clancy Systems International, Inc. (Pink Sheets: CLSI) has begun registering drivers in Coral Gables, Fla., for an extensive Park-by-Phone program for the city. Coral Gables had tested a cell phone program previously, and because of the success of the program, has contracted with Clancy to provide the services on a full-scale basis.
Clancy is now installing the meter decals and accepting permit registrations at its www.parkinghelp.com Web address. Permits are being mailed and the program will begin service in approximately two weeks.
The Park-by-Phone program allows a registered permit-holder to park, in a location that is identified as an official Park-by-Phone location, by dialing into a toll-free number. The caller is identified and confirmed and then a location number is entered along with the amount of time desired to park. The permit-holder is billed once each month for the prior month's usage. The annual registration for the permit processing is $5.95. The customer is billed a 10% surcharge on all parking booked through the service.
Clancy's Park-by-Phone program currently operates in many cities and college campuses. The same permit can be used in any city.
SOURCE: Clancy Systems International, Inc.
Posted by Purl Gurl on :
Almost two-million shares traded, share price is again creeping upward.
This volume is very rare for CLSI stock.
Purl Gurl
Posted by Purl Gurl on :
Another rare high volume day with prices trying to creep upward.
A NT late filing is filed for the CLSI 10Q due which is not suprising because of their working on their Puerto Rico development.
Mine is not a suggestion to buy but rather to watch. Maybe something is developing.
Some insist participants own a stock before being allowed to comment, which is stupid.
Nonetheless, if this helps, I hold a million shares.
Purl Gurl
Posted by Purl Gurl on :
[...]
COMPARISON OF RESULTS FOR THE NINE MONTHS ENDED JUNE 30, 2005 AND 2006
REVENUES. From the nine month quarter ended June 30, 2005 to the nine month quarter ended June 30, 2006 revenues increased by $363,118 or 15.6% from $2,321,550 to $2,684,668. The increase in revenues is due to the addition of new customers and products during the nine months ended June 30, 2006. Clancy's Remit-online.com service has processed 129,504 transactions totaling $5,192,061 for the nine months ended June 30, 2006. Revenues are generated based on a per transaction fee less bank processing costs. The gross amount of cash flowing through Remit-online.com cannot be presented as revenue based on the SEC accounting guidance. The Company only presents its net profit from each transaction as revenue in the statements of operations.
COST OF SERVICES. For the nine months ended June 30, 2005 compared to the nine months ended June 30, 2006, cost of services decreased by $13,041 or 2.3% from $557,299 to $544,258 for the Company. Cost of services as a percentage of service contract income was 29.7% for the 2005 quarter and 24.4% for the 2006 quarter.
RESEARCH AND DEVELOPMENT. The Company's parking enforcement systems research and development costs decreased from $45,020 to $35,358, or 21.5%, from the nine months ended June 30, 2005 to 2006. Product development and improvement is still paramount to the Company, and costs are being incurred for development of several new items.
GENERAL AND ADMINISTRATIVE. General and administrative expenses increased by $120,309 or 8.5% from $1,412,168 to $1,532,477 for the nine months ended June 30, 2005 and 2006, respectively. The increase relates primarily to increased rent, salaries, office supplies, health insurance, repairs and maintenance, and UTS opening offices in additional cities.
-12-
NET INCOME. For the nine months ended June 30, 2006, the Company reported net income of $279,016 compared to $152,692 for the nine months ended June 30, 2005. The primary reason for the increase in net income is the increase in net revenue which is discussed above.
I am pleased to read, not the good net income but rather CLSI making good progress at keeping costs of sales, research and all that under control, if not reducing those costs. Those percentage decreases are actually very good.
This report continues to support my confidence in this company as a very long term hold. Each year, we read slow steady improvement and growth, which is difficult for a company to accomplish.
Clearly this is not a Jacobson ALMI but management is equal in terms of playing it safe and cautious making for a very secure stock to hold for long term profits. I am completely comfortable I will never lose money with CLSI stock.
Should the Wolfson family continue to grow their company as they have been, and I expect they will, eventually their bottom line can no longer be ignored by traders and investors. In time, share price must snap and move upward.
I remain firm in my conviction this is an excellent stock for a college fund, for retirement, for whatever very long term goal. This is a very good stock for young married couples just starting out to buy and hold for years down the road.
The Wolfson family continues to expand, continues to "sew up" the market, and continues to display safe and sane company growth.
An added benefit is demand for parking services continues to grow very briskly. Clancy is right up there as a leader in this industry. As our gasoline prices continue to climb, Clancy will continue to benefit and grow.
I have nothing but confidence in this one as a very long term hold.
Sure pleased to read you Blue. I sincerely have missed your bringing reason and calm to the storms around here, along with your great stock picks which I always give close attention.
Purl Gurl
Posted by blue_in_MI on :
i hope to be around more next month, just completely wrapped up in work at the moment. actually hasn't been the greatest of stretches in the market for me lately - safe and sane picks seem to be dropping as of late. and some - what can you do? GACF for example: i still think that buying in the low 1.10's a few weeks back was the "correct" move. all you can do is try to stack the odds in your favor as best you can, when buying stocks. sometimes the dice just don't come up in your favor though - who could guess about the big one-time damaged motor charge. you can only hope that over time in the long haul, picking attractive stocks like GACF in the low 1.10's works out in your favor.
luckily some gains in other stocks like ROK.V and PVCT etc and some quick swing trades have helped picked up the slack, but still am about at -2% overall return in individual stocks the last few months, disappointing. hopefully things will pick up in the fall, we'll see.
hope you're having a great summer purl, and will check in next week
Posted by blue_in_MI on :
most impressive Q for a long time by CLSI this week - up at .02 again. revs and profit both up sharply, finally broke that $1M revs and $200K profit barriers. nowhere near purl-amounts, but - still hold 200K shares, definitely will keep holding after this week's report. keep it up, CLSI!
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maniac....![[Wink]](wink.gif)
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