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Post by chrisboeman on Jan 14, 2004 13:04:46 GMT -5
YPNT, NGMC, ADNW  stockcharts.com/gallery?ypnt stockcharts.com/gallery?NGMC stockcharts.com/gallery?ADNWI only have two stocks in my portfolio right now. I have about 74% in YPNT and 26% in NGMC. I bought YPNT from 1.08 to 2.20 and after selling about 19% of what I had I have an average cost of around 1.43. I've bought NGMC from .24 to .315 and have an average cost around .275. I'll probably sell a little more of YPNT but I'll wait until they release earnings in mid February and grab more NGMC before their annual report which I expect late March. |
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Post by chrisboeman on Jan 22, 2004 17:22:16 GMT -5
My practice or philosophy of investing is quite contrary to the way many investors operate so I thought I’d show how I’ve been able to be successful. I hold very few stocks and don’t try to time my investments except by when I feel they’re undervalued and then when I feel they’re fairly or overvalued. What follows is the transaction history for my wife’s IRA. In her account I’ve been my most disciplined and have followed my strategy most conscientiously. I have not been quite as successful in my other accounts because I have traded more frequently, chased stocks, and been too prone to invest without fully looking into a stock.
I’m not sure of the exact date, but I began my wife’s IRA with $2,000 right before the World Trade Center attacks and with that $2,000 I bought 900 shares of NWRE.
October 30, 2002 – Sold 900 shares of NWRE for $11,445.66 ($12.73 a share) and bought 3585 shares of AVEA/AQNT for $11,482.99 ($3.20 a share)
July 9, 2003 – Sold 3585 shares of AQNT for $42,613.66 ($11.89/11.90 a share) and bought 24,200 shares of EONC for $42,376 ($1.73 to $1.80 a share)
August 18, 2003 – Bought 110 shares of EONC for $235.39 ($2.04 a share)
Between December 4 and December 12 sold 24,310 shares of EONC for $86,571.01 ($3.21 to $3.89 a share) and bought 53,149 shares of YPNT for $86,568.87 ($1.43 to $1.86 a share)
Today those 53,149 shares of YPNT are worth $111,081.40. In other words, the original investment has grown in less that two and a half years 5554% by buying only one stock at a time and holding only 4 different stocks. The more important point though is that I timed my purchases far from perfectly. After I bought NWRE for about $2.22 it dropped almost 40% to $1.34 before it rose. After I bought AVEA for $3.20 a share it dropped 22% to $2.49 before it rose. After I bought EONC between $1.73 and $2.04 a share it dropped between 13 and 26% to $1.50 a share before it rose. Now I’m up on the YPNT shares but down a whopping 55% to $2.09 from a high of $4.69 since I bought the shares. But my experience has taught me that if I’ve thoroughly researched and followed a stock to ride out the volatility until I think the stock is fairly valued. YPNT hasn’t even begun to reach that point and I expect to make up all my losses and more in 1 to 4 months.
Of course, past performance is no guarantee of future results but I'm confident.
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Post by DJF on Jan 22, 2004 21:03:05 GMT -5
Very nice return Chris! I presume you have that in a ROTH (all the sweeter). YPNT looks to washing out the weak hands, I suspect $1.91 will be the lows of the decline. No further news released w.r.t stocklemon.com but a decent earnings report released afterhours. biz.yahoo.com/e/040122/ypnt.ob10qsb_a.htmlGood luck, DJF |
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Post by chrisboeman on Jan 27, 2004 16:37:39 GMT -5
As YPNT rises into earnings, which is my expectation, I plan on selling off little chunks to buy more NGMC. Sold 1.7% of my YPNT between 2.82 and 2.92 to increase my holdings in NGMC by 5.8%. My cost now on YPNT is down to 1.3944 and it is 75.75% of my portfolio. My cost on NGMC is .27274 and it is 24.25% of my portfolio. I'm still in the red with NGMC but I expect big things out of it this year. Time will tell.
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Post by chrisboeman on Feb 12, 2004 17:07:16 GMT -5
YPNT rose into earnings like I thought it would but I was surprised that with the stellar earnings they announced YPNT actually closed slightly down today. I had planned though on selling off some with earnings either way so I did some of that today. I now have 61% of my original stake of YPNT which was at around $1.75 a share.
My new portfolio looks like this:
YPNT 63.28% @ $.7577 a share
NGMC 29.16% @ $.2694 a share
ADNW 7.45% @ $2.2383 a share
My plan at this point is to slowly sell off YPNT shares until they are between 30 to 40% of my portfolio (at one point YPNT was 95% of my portfolio). With that money I'll buy a little more NGMC and put the majority into ADNW. I'd buy much more NGMC but I have over 8% of the outstanding shares and don't want to hit 10% and have to file with the SEC.
Still slightly in the red with ADNW and NGMC but I don't mind because I still want to accumulate.
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Post by chrisboeman on Feb 13, 2004 10:54:25 GMT -5
I did a little exercise to put values on the four companies I'm interested in at this point, IESV, YPNT, ADNW and YPNT. This is far from perfect and some might consider it entirely too simplistic but these kinds of rough valuations have worked for me. All for companies are profitable, with stable and steady growth in revenues ands earnings, and in fairly sound financial condition. Thus not overwhelmned with debt.
First thing I did was take their last quarter's poat tax earnings, annualize it (multiply it by 4), multiply that number by 15 or 20 to give me a number to figure out what a valuation of the company would be at a price to earnings of 15 or 20, and then I divided that by the number of outstanding shares. Finally, I took that resultant price and figured how far it was from the actual price as of this morning. Here's my numbers:
................last quarter's earnings...outstanding shares
IEVS.OB...........................$45,400...............99,016,000
YPNT.OB......................$3,284,685...............48,794,000
ADNW.OB.......................$829,419...............17,611,000
NGMC.OB........................$223,300...............11,523,000
..............price........price (p/e of 15).......price (p/e of 20)
IESV.......0.09.....0.028 (over 221%)..0.037 (over 143%)
YPNT.......3.64......4.04 (under 11%)....5.39 (under 48%)
ADNW.....2.20......2.83 (under 29%)....3.77 (under 71%)
NGMC.........25....1.16 (under 364%)..1.55 (under 520%)
So by my figuring, at .25 NGMC is undervalued by 364% if your benchmark is a price/earnings of 15 (this is why I'm going into it so heavily). Likewise, IESV is overvalued by 143% is your benchmark is a p/e of 20. Certainly these are very conservative valuations for companies rapidly growing revenues and earnings but they help me keep things in perspective.
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Post by chrisboeman on Mar 2, 2004 10:06:57 GMT -5
Switched over my wife's Roth IRA from YPNT to ADNW. What follows is from a previous post:
"I’m not sure of the exact date, but I began my wife’s IRA with $2,000 right before the World Trade Center attacks and with that $2,000 I bought 900 shares of NWRE.
October 30, 2002 – Sold 900 shares of NWRE for $11,445.66 ($12.73 a share) and bought 3585 shares of AVEA/AQNT for $11,482.99 ($3.20 a share)
July 9, 2003 – Sold 3585 shares of AQNT for $42,613.66 ($11.89/11.90 a share) and bought 24,200 shares of EONC for $42,376 ($1.73 to $1.80 a share)
August 18, 2003 – Bought 110 shares of EONC for $235.39 ($2.04 a share)
Between December 4 and December 12 sold 24,310 shares of EONC for $86,571.01 ($3.21 to $3.89 a share) and bought 53,149 shares of YPNT for $86,568.87 ($1.43 to $1.86 a share)"
Update:
Between January 12 and March 1 I sold 53,149 shares of YPNT for about $216,750 ($3.14 to $4.84 a share) and bought 97,603 shares of ADNW ($2.06 to $2.33 a share, average of $2.2210)
Made about 150% in two and a half months on YPNT and about 11,370% on my wife"s original investment of $2,000 in her IRA in two and a half years. All holding 5 different stocks. (NWRE, AVEA/AQNT, EONC, YPNT, ADNW)
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Post by The Stockinator on Mar 2, 2004 14:15:37 GMT -5
Chrisboeman,
I was very inspired by your trading history. Please continue to update us on what you are buying/selling...
I would love to hear similar stories from others as it helps to keep the moral up. After one year of trading I have yet to find one solid technique that produces consistant results...If you have any tips please share those as well.
Thanks in advance
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Post by chrisboeman on Mar 4, 2004 14:59:44 GMT -5
For some reason the NGMC page doesn't have a reply button so I'll post my thoughts here.
Today NGMC has gone down from .39 to .32. I'm not concerned because of the run up over .30 last week. I thought it would drift lower and kind of hope it does some more so I can buy some more. What I find interesting though is presently the bid is .32 and the ask .41. If earnings are what I expect them to be there's not going to be many shares to buy up. If they're dissappointing, for whatever reason, it's going to be hard to get my money out. I guess I'm playing chicken on this one.
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Post by chrisboeman on Mar 9, 2004 7:51:53 GMT -5
Following are a couple of posts on Yahoo betwqeen myself and a former NGMC investor named bobwins: OT bobwins - I'm an investor in NGMC. I saw a post of yours where you mentioned a loan for $400k that they haven't recieved any money on and you thought they might write it off. Any source for that? I do agree with you that in their guidance they did say that there could be some "sacrifice" in future quarters to grow the company but I think that won't be shown on this annual report. Maybe the next quarterly. TIA Chris - by: chrisboeman Re: OT bobwins - OT NGMC The note receivable is on the financial stmt. I sent two emails to IR listed in the PR's, talked with him on the phone twice. They were going to get their CPA to answer my question and then have the company attorney call me. That was 2 months ago. NO response. I sold out. The notes to the financial stmts tell the story that the notes are in default but "mgnt thinks they will collect". After two years with no pymts, they are going to collect?  ? Big chargeoff coming. I think the company is on the right track but they should have taken care of that detail a long time ago. They should have been reserving every qtr or have charged it off last year. The bad thing is that its actually getting worse. They are accruing interest and making the asset bigger every qtr. Original note was smaller but now adding interest, it's over $400K in 9/03 balance sheet. Check out the SEC 10K and 10Q. Info is there in black and white. Bobwins - by: bobwins21 |
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Post by chrisboeman on Mar 9, 2004 12:36:57 GMT -5
I checked into this matter and this is what I found from NGMC's most recent quarterly:
NOTE 6 - NOTES RECEIVABLE
On June 30, 2000, the Company executed a promissory note with UNICO,
Inc. for $200,000 in conjunction with the sale of Independent News,
Inc. The note is outstanding and currently in default, the Company's
management considers the note collectible.
I'm no concerned at this point.
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Post by DJF on Mar 22, 2004 15:30:05 GMT -5
Trying to fis the view/hits on this.
DJF
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Post by chrisboeman on Mar 23, 2004 9:19:45 GMT -5
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Post by chrisboeman on Mar 24, 2004 8:06:41 GMT -5
Next Generation Media Opens New Franchises in Illinois and Maryland
Wednesday March 24, 6:01 am ET
- Five New Franchises in 2004 -
SPRINGFIELD, Va., March 24 /PRNewswire-FirstCall/ -- Next Generation Media Corporation (OTC Bulletin Board: NGMC - News), whose subsidiary, United Marketing Solutions, Inc. (http://www.unitedol.com), is a national leader in the direct mail industry and in franchising, today announced it has signed new franchisees in Central Lake County, Illinois, a suburb of Chicago, and North Baltimore, Maryland.
ADVERTISEMENT
These new franchisees bring United Marketing Solutions' total to five for the first quarter of 2004. "We are on target to achieve our minimum goal of 20 for the year," said Darryl Reed, President and CEO. "We are also excited about recently signing another major franchise consulting firm, with offices across the U.S., which will help us generate additional prospective franchisees."
"We continue to aggressively seek franchises in a number of U.S. cities, including New York, Atlanta, Detroit, San Diego, Chicago and Dallas," said Mr. Reed. "We are delighted that we are on schedule for adding new franchises this year. The business strategy we are executing continues to be effective."
Established in 1997, Next Generation Media Corporation, through its wholly-owned operating subsidiary, United Marketing Solutions, Inc., provides direct marketing products to a network of franchisees. These operate within exclusive territories. Products sold to small and medium sized businesses include cooperative direct mail advertising, coupon booklets, image booklets, mailings to new families in any market, a restaurant marketing kit, and products for special events and grand openings.
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Post by chrisboeman on Mar 25, 2004 9:09:56 GMT -5
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? Big chargeoff coming. I think the company is on the right track but they should have taken care of that detail a long time ago. They should have been reserving every qtr or have charged it off last year. The bad thing is that its actually getting worse. They are accruing interest and making the asset bigger every qtr. Original note was smaller but now adding interest, it's over $400K in 9/03 balance sheet. Check out the SEC 10K and 10Q. Info is there in black and white. Bobwins - by: bobwins21