posted
nice to see it just hit 0.022...even if just for a fleeting moment...man...I have a good feeling about this...GO! Update "order at 0.0019 not filling..even with the couple of sells..
Just got filled at 0.022... Tis a good thing! Now hodling 500,000 shares
quote:Originally posted by Lindy: where are you guys seeing the bid on this?? Pind sheets?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
That's great Glass.......Lindy.....it is delayed but......good nuf' We have all gotten at the bottom....This puppy is gonna' go......Not all in one day......We have begun a new uptrend here...I'm really excited..
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Finally moved the bid to .002, on volume of 13.6M
Ask up to .0023
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I guess not....LOL Up to .0023 LOL Why do I feel bad for those that do not listen to good DD? Gotta' try and play the pump and dumps when we have a good solid Pick here....Hm......Just amazes me...
Hey.....we're in.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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posted
Lunch is over, it wil pick up. Besides they been reporting slow all day.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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By: teo_olsen 26 Jan 2005, 12:26 PM EST Msg. 11944 of 11944 (This msg. is a reply to 11942 by anthonyb93.) Jump to msg. # My 2 cents ,
I'm doing DD on IDTA for almost a year now ! as you all understand the company debt is very small ! O/S and A/S is 2B shares (the float is around 400-500M IMHO) ! Market Cap is 3.6M $ according today PPS! According "that" article on the israeli site 2004 sales is almost 1M $ ! (check my previous posts from 2 or 3 months ago, I dont know is that resource is very reliable so take it FWIW).
Check the previous PR's since early 2003 ! The company have a lot of connections all over the world - Greece, Brazil, Romania, Germany, Italy, Austria, Switzerland, Chile, USA, Israel ,Australia, Ecuador, New Zealand and many others ( check the PR's).
according March 2004 PR ( http://biz.ya hoo . com/pz/040302/53531.html) "Identa recently received the first purchase order from the Romanian Ministry of the Interior for about $50,000. It should be noted that this is the first in a series of orders promised for 2004."
You can guess that just Romania purchased 150000 $ at 2004!
PR stated that the major police departments NYPD and LAPD evaluating the products - they didnt ordered yet - This could be very interesting when they start to order !
IMHO profit margin could be at least 30% - I'm guessing that manufacturing costs per unit is less than 1 $, the retails pays at least 4 $ per unit ( although polices and customs pays for other kits it is the same ratio IMO ).
Other Expenses 250000 $ * ---------------------------------------------- Operating Income 350000 $
Interest, tax and the other staff 100000 $ * ---------------------------------------------- Net Income 250000 $
* my guesses based on 2002 Income Statement adding rational growth .
so Profit Margin is 250000/800000 = ~ 31%
EPS (earning per share) will be 250000/2B shares = 0.000125
and P/E ratio ( price / EPS ) will be 0.0018/0.000125 = ~ 14.5
This is far undervalued in any term ! This is ridiculous, even GE and Wal-Mart P/E is around 24 , other startup and tech companies P/E ratio is more than 50 ( check YHOO, AMZN , EBAY , LEXR and others )
Conclusion:
Based on previous PR's and a lot of estimates, guesses and reasonable speculations I build the above estimated income statement.
lets take 50 as "reasonable" P/E ratio for IDTA ( based on other tech and other "developing companies" ( like ebay, amazon etc.. ) LOL ...
Yes IDTA share worth at least 0.00625 IMHO (on 800K sales )!
IMHO sales will be much more than 800K in 2005 based on previous PR's ( Romania 100-200K, Germany 200-300K and etc..) so IDTA will be back in the pennies !
IMHO the PPS will bounce very soon, when investors will realize that and the MM too!
I will appreciate your thoughts and comments, Teo
BTW I dont think IDTA going to be listed in the near future (this is very expensive processes ) maybe in 2 years, after we grow a little !
Disclaimer: All of the above are my opinions and speculations so take it FWIW, This isn't in any way a recommendation to buy/sell or hold any stock ! Do your own DD and ask your broker for advice !
(Voluntary Disclosure: Position- Long)
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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posted
GOD! They are stubborn with moving that bid. LOL Last Rade: .0023 Bid .002 Ask .0023 Volume 13,856,960
200,000 traded moved it a tick now. They'll have to move the bid soon, they're running out of cheap shares.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
let em' raise it......Not selling one share. Beg, Beg, Beg........Gonna' have to raise it quite a bit for me to sell any...... This this is so undervalued, it's not funny
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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posted
just got back from taking my dad for his x-rays, stock looks like its getting better looks more and more like IWWH did!
way to go guys!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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Fear is our greatest enemy here, the MM's feed on scared investors. Don't give them not one single share, keep them hungry today. The MM's scare us, we sell, we loose, they gain. Thats their game plan!!!!
Lets deny them a gain today, The gain today will be ours
-------------------- "If We Agree To Disagree, Then We Will Remain Friends"
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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