The company today had a very interesting press release that projected EBITDA (earnings before interest, taxes, depreciation, and amoritization) of $.085.
With the stock asking .016, this could be a significant opportunity. The stock is UNSOLICITED (level2 represents unsolicited customer orders ONLY) and I feel this may allow a lot of people to buy the stock at lower levels without the market makers using order flow to rapidly push a stock.
The stock is trading nearly 10X average volume on a really favorable chart, in my opinion.
Oil and gas stocks usually trade at lower earnings multiples, but if BIGN really can produce .085/share FY2006, the stock should be trading in the .30-.40 range and no where near here..
I have not been compensated by BIGN for coverage of their stock. I purchased 30,000 shares * .016 this afternoon.
Regards and Best of Luck,
Tim / PQL Research
Posted by USF11 on :
Heres the Chart. It closed near the HOD! Big move over the coming month possible. Posted by USF11 on :
And here is today's huge PR:
Biogenerics Announces 2006 Earnings Guidance Thursday October 13, 11:26 am ET
TORONTO, Oct. 13, 2005 (PRIMEZONE) -- Biogenerics Limited (Other OTC:BIGN.PK - News) announces its 2006 target for earnings to hit 8.5 cents per share EBITDA. The Grimes, Calif. well was successfully reopened after a 20-year shut-in in June using Hydroslotter's new advanced recovery technology and has produced 14.4 million cubic feet of natural gas (14,400 MCF), which was sold for an average price of $10.00 per MCF for the month of September. Pacific Gas & Electric will release the official September figures in mid-October, which are expected to vary from the unofficial figures by a fraction of a percent.
Biogenerics joint venture activities with WW Energy Inc.'s Exploitation projects are on track and progressing, and the company anticipates the updates on the potential benefits by year end.
``We're excited about the potential of the Hydroslotting technology and the joint venture projects that we are involved in and expect to have a concise earnings expectation by year end,'' stated Paul Smith, president of Biogenerics Limited. ``Given the current demand for oil and natural gas, we feel comfortable in our capital expenditures targeting those areas with the greatest potential of return for our shareholders.''
About Biogenerics Limited
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics has oil and gas assets acquired from Rubicon Petroleum. The company also has joint venture activities with Tyche Energy, Hydroslotter Corporation and WW Energy Inc.
About Hydroslotter Corporation
Hydroslotter Corporation's proprietary technology, deemed ``hydroslotting,'' increases oil and gas production and extends commercial productivity of oil and gas by 300 percent to 600 percent. Hydroslotter's technology is cost effective and, for the inexpensive cost of the actual re-work on potential shut-in wells, the return on investment is high.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results of Biogenerics Limited may achieve could differ materially from any forward- looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
-------------------------------------------------------------------------------- Source: Biogenerics Limited
Posted by USF11 on :
I see lots of chatter on this being a gapper tommarow. Way Undervalued imo.
Posted by doubleS on :
what price do you think this will open or do you have L2
Posted by kywee on :
the only thing that holds me back are the rumors of tim being a scammer
Posted by doling2005 on :
Who is this Tim? There are 2 threads on this now.
Posted by USF11 on :
Don't worry about Tim this play is much bigger then him. Besides Momo at pennyprophet has no creditability at all in the first place to call someone esle a scammer.
This should open at .02 and then the sky is the limit over the next month.
According to the PR the stock at earnings of .085 the stock should be trading near .40 cents!!
Posted by pensandoenti67 on :
how high can this go?
Another runner?
Anyone in this? A/S and O/S
News?
Posted by pensandoenti67 on :
how high can this go?
Another runner?
Anyone in this? A/S and O/S
News?
Posted by corndo on :
Nice stock pick. Q: why would it trade at five times it's earnings? (0.40 given a 0.085 pps expectancy?)
Posted by pensandoenti67 on :
Just for everyone's info
THIS IS MY FRIDAY PICK !!!!!
Posted by USF11 on :
OS is 225 Mil
Well, This stock traded at ,20 two months ago on these earning numbers .20 would be a given at x2 earnings throw in the chart and the fact its a natural gas company why would .40 be out of the question.
Posted by lilhen2005 on :
I've been watching this for sometime now, and I hope it don't get away. I'm not in yet, but hope to get in soon. The MACD is almost to the 9 day ema, and I'm afraid if it happens to reach that point it will be to late, so, IMO it's time to make a move on this soon. Here's the chart for you guys
Posted by lilhen2005 on :
bestpicksrus playing this today,is on the list
Posted by doubleS on :
not starting any gossip just asking a question.
Posted by USF11 on :
BIGN has .05+ in it easily.
Posted by doubleS on :
this might reach .05 today
Posted by acharm on :
Movin nice and steady so far.
Posted by DontPass on :
USF- what site is that chart from?
Posted by pensandoenti67 on :
thanks, I am glad I got in this morning, by looking at the chart I say .09 next week....
.05 today is questionable, but we will get there on Monday. So if you are not in get in now!!
Posted by USF11 on :
bigcharts.com is where I got the chart. BIGN is rocking the house .026x.029
Posted by Wangdo on :
i bit at .029, let see a continued uptick
Posted by USF11 on :
.03x.033
Posted by Persia on :
Don't think we'll see 5's or even 4's today, maybe on Monday.
Posted by USF11 on :
Never say never the MM's have no shares.
Posted by pensandoenti67 on :
USF11 thanks a million
I Persia .043 by 1:30 pm
Posted by Persia on :
I hope so Pens, for you, for me and for all the people who are in this... Posted by Jerm on :
NEW YORK, Oct. 14, 2005 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN), with its joint venture partner Hydroslotter Corporation, are forecasting a minimum 120 wells to be slotted in 2006.
The cost of slotting these projected wells weighs in at approximately US$200,000 per well. With economies of scale, we can reduce those costs. Given that the estimated slotting cost is returned in 30 days, the cash flow outlay to grow is minimal.
For example: The current Grimes, Calif. well, now in production, is forecasted to have a life of 5-10 years. Four additional wells are being slotted in conjunction with the Grimes, each at 5-10 years. The costs and time to slot four wells is 10 to 14 days and will have a 25% reduction in outsourced service charges.
We expect each of our five wells to be tied into the same meter site and expect combined flow at 2,500,000 MCF.
The projected cash flow will cover expenses in 30 days. We then receive net 40% of the flow after costs are repaid. That would register at US$10,000 per day.
Upon each of the forecasted 120 wells in full production, in conjunction with alternate wells coming on stream in 2005, we will have a daily cash flow of US$240,000. Ultimately, these wells will produce US$87,600,000 annually.
For the reason that we are not slotting all available wells, in week one after costs, we expect US$43,200,000.00 in profits for 2006 from the Hydroslotted wells.
Our strategy suggests 10 new wells per month in 2006. In 2007 we expect to double that to 20 wells per month.
Bearing in mind that when dealing with the oil and gas sector, delays may occur, prices may fluctuate, and thereby management accounted for the risk factor discounting the guidance by a factor of 35%.
Biogenerics does not forecast earnings from the New Mexico joint venture in this forecast because it is currently unquantifiable.
CONTACT: Biogenerics Limited Investor Relations Kathy Bassi (905) 714-9422
Posted by Persia on :
What's the bid/ask?
Posted by Wangdo on :
looks like some resistance *.036
Posted by pensandoenti67 on :
New HOD by 1245
Posted by Wangdo on :
quote:Originally posted by pensandoenti67: New HOD by 1245
you're 5 min early Posted by dp2002 on :
Damn Pens! you are psychic!
Posted by pensandoenti67 on :
Look at my 11:16 am post...
Thanks
Off topic
check the IBZT thread
Posted by Enjoys$ on :
great call once again pens, where do you see this EOD?
Posted by Wangdo on :
still has resistance at .036
Posted by Persia on :
****, what's with me today? Just back in and missed the hod!
Posted by Persia on :
I understand that the f-word is "forbidden" but why also s,, h,, i,, t?
Posted by USF11 on :
*COUGH* I CALLED IT *COUGH*
Posted by Enjoys$ on :
where do you guys see this EOD?
Posted by pensandoenti67 on :
just got back and my shares are gone.. sold at .0375 Also, I am on 90 day restriction, I used the money I profitted from OXFV, yesterday.
I have e-trade how long is the suspension?
I can't trde for 90 days, that schucks, but my wallett is full of green...
I hope all of you got some green also.
Time to search for the next 100% gain for Monday, if I can trade. I can send some money from my bank account.
Posted by Persia on :
Any thoughts someone for EOD or Monday?
Posted by USF11 on :
You can buy and sell same day pens, as long as you use settle funds now. I just got off of 90 day restriction about 2 months ago. Sucks
Posted by dp2002 on :
I got out at .039 I am glad I did not try to be greedy. I always loose that way. But hey there is nothing wrong with booking a profit.
Posted by USF11 on :
Not that a doubt you but we never saw ,039 on the bid Posted by pensandoenti67 on :
I just requested some cash from m bank, it should be there on Monday. Let's see how long my restriction lasts.
Good luck to all...
Posted by daveespo05 on :
The big question here is Why is this stock so cheap. Earning .08/share, used to trade at .30, in a hot sector (nat gas). No brainer here, imo
Posted by Zygore on :
I'm almost tempted to let you use my account for the next 90 days Pens, for a very generous cut of course. I'm not doing worth a hoot my portfolio it es stinks...
Posted by pensandoenti67 on :
Zygore, I 6x my portfolio in less than 2 days. I appreciate your comment.
At my work we are starting a group account 10 of us are putting 250 dollars each intoa new trading account and we are going to try our luck.
My co-workers are so excited and wishing I continue this hot sreak. I have learned so much the past 2 months that everything has fallen into place. This last two weeks.
I didn't mind getting restricted not when the gain is enough to buy half of a mustang.
Good luck to all and let's all do our DD and let's continue to make some money!!
Good weekend to all.
Go Angels and USC Football !!
Posted by pensandoenti67 on :
I can use money that has cleared or new money that I transfer from my bank. So I did the transfer this afternoon, so I can continue to have fun hopefully Monday if not Tuesday for sure.
I'll be doing some DD on my pick for Monday. I learned to pick one per day.
Posted by RagsToRiches on :
90 day restriction. For what?
Posted by pensandoenti67 on :
buying on money that had not cleared yet, then selling a few hours later. This is the second time in ayear, but last time the restriction was for 8 trading days.
Posted by Zygore on :
Pens,
Congrats on your streak it was a great idea to start a group account. I'm sure you will continue to do great things and yes your daily pick was right on the money no pun intended.
Between us NCOs you know I would have trusted you...
SSG Patton
Posted by corndo on :
Daily pick? Hey, is anyone in this for longer than a day or week?
Posted by futurama08 on :
No corndo. It's the pink sheets. Buy low sell high, what are you waiting for if you've doubled your money move on! Rule #1...
Posted by Zygore on :
Pens, Be sure to let us know your Monday pick ok?
Posted by corndo on :
Pens, all things being equal...wouldn't BIGN be a great pick for Monday if you just saw it for the first time?
Posted by pensandoenti67 on :
I think BIGN will continue to rise the rest of the week. I'm looking for .08 on this one.
Check my new thread for my Mon Tues pick.
Posted by pensandoenti67 on :
I got out last week, and my money from my bank made it in, love the technology. So, I'm looking at buying BIGN watching it close first 15 minutes.
Half BIGN and Half INsq
it's going to have to have a hell of a run this afternoon to get to .05
Posted by pensandoenti67 on :
Not bad after all, did not get my nickel, but we didn't drop. Good indication after an 400% gain in 4 days.
It's up to all if you want to risk...
Posted by Jerm on :
TORONTO, Oct. 18, 2005 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN): The company is pleased to announce that it has secured an agreement with an institutional investor Royal Petroleum. Royal Petroleum purchases and finances producing oil and gas wells. Biogenerics has financing in place for hydroslotting at 8.5% interest as needed and secured by our current production.
Biogenerics plans to primarily fund the hydroslotting expansion with its current cashflow. This is possible since the costs for slotting are returned in an average of 45 days from production. Having Royal Petroleum behind us eliminates the need for any financings which may cause dilution of equity.
Biogenerics' Paul Smith states that, "This hydroslotter joint venture is offering perhaps the most capital efficient way to create aggressive economic returns without exploration risk. Now that we have the ability to draw down the capital required we can aggressively move forward."
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
CONTACT: Biogenerics Limited Investor Relations Paul Smith 905-714-9422
Posted by stockvaper on :
"...we expect US$43,200,000.00 in profits for 2006..." (Oct 14 PR). --------------------------------------------- If that's true, that's .19 per share profit based on current O/S (224+ million). Not too bad.
Posted by iwearpro on :
Bign on a run today!!up over 22%
Biogenerics Limited Prepares for Dual Listing in UK and Reiterates Impact of Recently Announced Royal Petroleum Financing Commitment
October 20, 2005 10:30:10 (ET)
TORONTO, Oct 20, 2005 (PRIMEZONE via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) is pleased to announce that it is currently finalizing arrangements, and expects to soon commence trading BIGN in Europe via an exchange listing in the United Kingdom. Biogeneric's Paul Smith stated, "Over the past few months, the Company has developed a strong following among European investors, and we are instituting this dual listing to enable folks in the EU to invest in BIGN more efficiently and to hold positions in their home currencies. Having become accustomed to paying the equivalent of $5 to $6 dollars a gallon for gasoline, Europeans are especially attuned to the looming energy crisis facing the U.S., and see excellent value in burgeoning companies like ours that utilize cutting edge technology to economically extend dormant, shut-in U.S. energy resources."
In addition, Biogeneric's management reiterated the impact of this Tuesday's Press Release whereby Royal Petroleum has agreed to provide traditional debt-based financing for Biogeneric's upcoming schedule of oil and gas re-completion projects. Terms announced for the financing include an 8.5% credit facility to support wellhead completion expenses for hydroslotting, secured by current cash flow of the Company's existing portfolio of producing oil & gas properties. Biogeneric's Paul Smith stated, "This is tremendous news for the company and for our shareholders. The Company already has well over $1 million in reserve cash on its balance sheet to support our current hydroslotting schedule, which we knew was going to allow us to leverage our growth without raising additional equity financing and diluting our capital structure. The credit facility we have now put in place with Royal Petroleum is going to allow the Company to step to the plate with an even more aggressive re-completion schedule on a non-dilutive basis, and provides the catalyst for us to hyper-grow the Company's resource production and income streams. Over the past 6 months, we have been aggressively locating and securing additional dormant energy properties that fit the hydroslotter criteria for re-development. Now that the company has secured an almost inexhaustible 'war chest' to bring the remainder of our existing, as well as target properties into production, our growth will now only be limited by how quickly we are able secure new properties, move hydroslotter equipment to the sites, and commence re-completion operations."
Biogenerics estimates their breakeven on a $200,000 hydro-slotted re-completion to be in the 30 to 60 day range based on several projects like the recently announced Grimes, CA gas well that flowed 14,400 mcf (1 mcf = 1,000 cubic feet) in its first month. At recent gas prices of $10 per mcf, this well produces approximately $140,000 in cash flow per month, of which 40% or nearly $60,000 per month (after payback of hydro-slotting cash outlay) is realized by Biogenerics after royalty payments and expenses.
Prior to the Royal Petroleum announcement, the company's strategy suggested re-completing, and bringing on line 10 new wells per month in 2006. In 2007 the Company expects to double that rate to hydroslotting 20 wells per month.
Based on $10 per mcf gas, and upon each of the forecasted 120 wells completed in 2006 averaging a production rate of 500 mcf/day, in conjunction with alternate wells coming on stream in 2005, the Company is forecasting a daily cash flow run rate of US $240,000 at year-end 2006. This would put the company on an annualized run rate of $87.6 million.
About Biogenerics Limited:
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy, Hydroslotter Coporation and WW Energy Inc.
About Hydroslotter Corporation:
Hydroslotter Corporation's, proprietary technology deemed "hydroslotting" increases oil and gas production and extends commercial productivity of oil and gas by 300% to 600%.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
Biogenerics Limited Investor Relations Paul Smith 905-714-9422
Posted by stockvaper on :
"...Based on $10 per mcf gas, and upon each of the forecasted 120 wells completed in 2006 averaging a production rate of 500 mcf/day, in conjunction with alternate wells coming on stream in 2005, the Company is forecasting a daily cash flow run rate of US $240,000 at year-end 2006. This would put the company on an annualized run rate of $87.6 million...." _______________________________ In my estimation, if this becomes reality, this stock should be selling for over $ 1.00 per share at the end of 2006.
Posted by Andreas on :
36% up today, but why - no news since July?!?!
Posted by corndo on :
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