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DJRT - Dale Jarrett Racing Next Winner
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[QUOTE]Originally posted by stocktrader22: [QB] Okay stealing some of the DD from Rawnoc on IHUB as well as others. Do your DD...looks like the time has come for this one IMO. The company is a unique idea with a lot of potential interest in it. "(2) The last 2 quarters of reported profits were for small amounts not even adding up to .01 EPS. The 4th quarter, however, includes their best track and best revenue/profit source that finally got finished being repaved just before the 4th quarter began. Which is why the 4th quarter will be a monster one and 2007 should post nice profits all year IMO. (3) They've already preannounced that 2006 was a profitable, record year. In order for 2006 to be profitable, the 4th quarter had to make up for the losses in the 1st quarter which means if 2006 was merely break-even, the 4th quarter profits will be .01 EPS. Based on that minimum fact, the PRs that include the huge sales experienced in the 4th quarter and the lowering of fuel prices (their main gross costs) and the lowering of SG&A - I think the EPS in the 4th quarter will be .02 - .03+ or better which is enormous for 1 quarter of a .38 stock. (4) Up until the last year quarter, their business was rapidly growing but they were still reporting losses. They've been kicking butt since the year ago quarter and will report a nice profit this time around so I don't think it will sell off with the report. In fact, I think just the opposite will occur." "Dale Jarrett Racing Adventure, Inc. OS: 19.36 mil Float: 9.17 mil Website – http://www.racingadventure.com Founded by Dale and Ned Jarrett who are still actively involved as well as Green bay Packers Brett Favre and NASCAR driver Joe Nemecheck who are original investors & current big shareholders along with the founder CEO, formally an executive from IBM. --full year 2006 announced recently that it will be profitable. 3rd quarter in a row of profitability but for 2006 to be profitable, the 4th Q report must be a monster, with an absolute minimum of +.01 EPS in order to achieve this. EPS might be reported as .02-.03+ for the quarter (which is insane for a .33 stock) since sales for one weekend in Oct. was equal to 50% of the entire quarter last year --SG&A costs have been shrinking shrinking even while sales climb --gross margins healthy and have benefited from cheaper fuel prices --2007 events already starting to sell out --mega expansion plans of the proven profitable concept --dilution has been minimal since it began trading 7 years ago KEY RECENT PRs: 1/9/07 - "our first profitable year...2006" http://www.investorshub.com/boards/read_msg.asp?message_id=16644606 11/28/06 - "Dale Jarrett Racing Adventure Doubles Corporate Event Revenue." http://www.investorshub.com/boards/read_msg.asp?message_id=16644608 10/24/06 - "...earned a record $285,000 in total revenue last weekend ... A few years ago $300,000 was a great quarter, now it is a good weekend, the growth is exciting" http://www.investorshub.com/boards/read_msg.asp?message_id=16644610 Another hint about 4th quarter... 9/30/05 -- "Deferred revenue 436,807" 9/30/06 -- "Deferred revenue 694,020" <~~~ 59% increase Their Talladega Superspeedway racetrack, the best one they have, was closed most of 2006 until the 4th quarter. The 4th quarter 2006 and the fully year 2007 are shaping up for some incredible sales and earnings. I wouldn't be surprised if they earn .10 to .15 EPS in 2007. PE of 20 = $2.00 to $3.00 http://www.talladegasuperspeedway.com/news/track_news/522290.html Here is a link on the Dale Jarrett fan club site. Note that many of the events last year were sold out as early as May 30th. [URL=http://www.dalejarrett.com/news.asp?Mode=ShowOne&NewsID=329&category=latest_news]http://www.dalejarrett.com/news.asp?Mode=ShowOne&NewsID=329&category=latest_news [/URL] I think DJRT will earn .05 to .10 in 2007 with a 20 PE ratio is a target of $1 - $2." [/QB][/QUOTE]
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