tag:blogger.com,1999:blog-754894216207950592.post2837845571175249648..comments2024-03-20T15:55:23.392-07:00Comments on NoNameStocks: PGNT for You and MeDan Schumhttp://www.blogger.com/profile/05728696891530868697noreply@blogger.comBlogger64125tag:blogger.com,1999:blog-754894216207950592.post-18095677438465512892023-11-14T11:29:43.614-08:002023-11-14T11:29:43.614-08:00Not great number from PGNT, although still profita...Not great number from PGNT, although still profitable on an operating basis. Receivables remain high and operating cash flow has been negative. I worry this is related to problems in Colombia.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-61689052549142205672023-03-28T15:53:08.673-07:002023-03-28T15:53:08.673-07:00Not sure why they are paying down accounts payable...Not sure why they are paying down accounts payable so fast unless customers in colombia are demanding payments earlier. Not a huge deal thoughAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-55794273711060705872023-03-28T00:39:07.767-07:002023-03-28T00:39:07.767-07:00Fantastic results! Smallcaps are being punished, w...Fantastic results! Smallcaps are being punished, we have to be patient.David Rodriguezhttps://www.blogger.com/profile/08783326120517776862noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-43587592796434131162023-03-25T08:37:09.643-07:002023-03-25T08:37:09.643-07:00another great Q reported yesterday from PGNT in th...another great Q reported yesterday from PGNT in the 10k. The stock is cheap<br /><br />on the year PGNT earned $2.76 per share. Book value rose 23% to $10.60 per share. $3.12 in cash. And here the stock has been sitting at 7 for months. 2x earnings and 70% of book. great balance sheet<br /><br />3x the average earnings over the past three years. ridiculousDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-14296973173668778382023-01-23T09:27:26.604-08:002023-01-23T09:27:26.604-08:00New silicon carbide stuff is exciting and growing....New silicon carbide stuff is exciting and growing. I hope it keeps going and numbers back up the potentialDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-55214830739896848372023-01-23T09:25:16.369-08:002023-01-23T09:25:16.369-08:00I'm no accountant. Seems fine to me. What I ...I'm no accountant. Seems fine to me. What I look at is how does the company talk and what does the balance sheet look like. Do they keep diluting constantly. Do they always talk about the next thing and never finish the first. Does the CEO have side businesses that he funnels money through back to himself<br /><br />I also do not concentrate because I feel like anything can happenDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-70909472567152903162023-01-23T08:57:59.879-08:002023-01-23T08:57:59.879-08:00Any comments on CVV's rise?Any comments on CVV's rise?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-29667487146156683372023-01-23T02:26:44.335-08:002023-01-23T02:26:44.335-08:00Agree with avoiding stock promotion. Focus on crea...Agree with avoiding stock promotion. Focus on creating value has worked so far<br />How reputable is their accounting? You have more experience with this part of the market — what do you need to look out for with pink sheet stocks? Trying to go through all the scenarios where there could be outright fraud<br />Obviously the skin in the game and capital allocation decisions from management makes me more optimistic than 95% of NYSE stocks. Unbelievable risk/reward, potential for long term compounding and multiple expansion. Need some more trust with my understanding of reporting standards before I concentrate furtherAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-81364633171277492382023-01-22T21:59:32.839-08:002023-01-22T21:59:32.839-08:00Yes I feel like someone asked him about it at the ...Yes I feel like someone asked him about it at the last annual meeting. I don't recall specifically but I think he downplayed the chances, just saying that's not really where he wants to spend money and effort. <br /><br />Sham wants to be Buffett. He releases numbers on Friday night, he has a super basic website and never puts out press releases. I feel like he saw BRK stock do amazing even though Buffett never did a split and he wants PGNT to do similarly well without any promotion. That is my guess. I don't think he's going to uplistDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-79224151136095905752023-01-22T00:25:57.838-08:002023-01-22T00:25:57.838-08:00Has sham spoke at all on potential of uplisting?Has sham spoke at all on potential of uplisting?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-90945548932494009342022-11-30T12:52:28.686-08:002022-11-30T12:52:28.686-08:00God I wish they'd just buy back some of the fl...God I wish they'd just buy back some of the float. A relatively small amount of money here would go a long way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-63802396875698659602022-11-15T07:58:55.265-08:002022-11-15T07:58:55.265-08:00Maybe the stock has fallen because of political is...Maybe the stock has fallen because of political issues in Colombia. Good results, hoping the stock follows results. Also waiting results for EKCS, lets see...David Rodriguezhttps://www.blogger.com/profile/08783326120517776862noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-27555916112800782322022-11-11T15:03:56.094-08:002022-11-11T15:03:56.094-08:00another great Q. $1.05 quarterly EPS. $9.82 book...another great Q. $1.05 quarterly EPS. $9.82 book value. $3.90 in cash + securities. <br /><br />TTM earnings per share of $2.87<br /><br />Stock has fallen to $6.50 for I don't know what reason. Dan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-56261558299358914032022-08-18T08:38:42.694-07:002022-08-18T08:38:42.694-07:00that is not something I've given any thought t...that is not something I've given any thought toDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-81637588432436303132022-08-17T19:41:11.253-07:002022-08-17T19:41:11.253-07:00Any concern with the change in government in Colom...Any concern with the change in government in Colombia? There are some who think Colombia will go the way of Venezuela with the new ex-terrorist very left leader.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-2123380417349536622022-08-15T11:44:44.925-07:002022-08-15T11:44:44.925-07:00A disproportionate amount of net income is related...A disproportionate amount of net income is related to the automation business. That is where the revenue is down most. I know I have read in the past that the revenue can be lumpy based on timing of projects for customers. I believe they only provide backlog data in their annual filings....at this point, I think I'd need to see another quarter or two before having a strong opinion on whether it was just timing of sales or a larger issue with declining business conditions.<br /><br />On the distribution side, I'm sure they are seeing some margin pressure with higher fuel/shipping costs, increased interest rates and the weaker peso, but nothing too major at this point. I would say the earnings were disappointing based on how much they have beaten expectations the past year plus, but not too bad when you factor in the few items that were definitely working against them this quarter.Markhttps://www.blogger.com/profile/15350288303949096929noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-6006427134495786362022-08-15T06:17:19.290-07:002022-08-15T06:17:19.290-07:00I haven't gone through the 10Q report in detai...I haven't gone through the 10Q report in detail, but on the surface it seems like a disappointing quarter. Rev was down over the previous 3 quarters and is about the same as the period a year ago. EPS was only 0.22, which is lower than any of the previous 4 quarters. Does anyone have any thoughts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-51660048091398846832022-06-27T08:45:00.853-07:002022-06-27T08:45:00.853-07:00You can email me, I have it saved. I don't kn...You can email me, I have it saved. I don't know why they took it downDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-36061757615406904152022-06-25T05:32:16.871-07:002022-06-25T05:32:16.871-07:00Seems the video isn't posted there anymore any...Seems the video isn't posted there anymore anyone know where I can find it? Any ideas why they took it down?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-72902459946636066452022-05-20T09:36:17.045-07:002022-05-20T09:36:17.045-07:00https://pgntgroup.com/events%2Fpresentations
18th...https://pgntgroup.com/events%2Fpresentations<br /> 18th May annual metting audio file. Very transparent and optimistic.<br />Hope fantastic years to come for the company.David Rodriguezhttps://www.blogger.com/profile/08783326120517776862noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-2066565618977604552022-03-28T12:37:20.915-07:002022-03-28T12:37:20.915-07:00That is a valid concern, I don't see a breakou...That is a valid concern, I don't see a breakout of that at all. I know I have seen corporate charge management fees, etc to bring back some of these funds, but I didn't see them disclose anything like that. I'm also not sure what the cost is to bring money back from Columbia.<br /><br />It should be noted that the FX translation adjustment is on the entire balance sheet, so it could be minimal cash sitting there. I do see they have lines of credit with balances in the foreign subs, so I would assume they don't have a lot sitting there. Markhttps://www.blogger.com/profile/15350288303949096929noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-35101709836755749552022-03-28T08:01:18.190-07:002022-03-28T08:01:18.190-07:00just makes me wonder how much of the cash is usabl...just makes me wonder how much of the cash is usable in the US versus sitting with subsidiary in Colombia.Dan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-38096502725014827182022-03-27T20:52:17.770-07:002022-03-27T20:52:17.770-07:00I mostly ignore the fx adjustment, but I agree it ...I mostly ignore the fx adjustment, but I agree it does have an impact on the stock. Do you have any viewpoint on that going forward? I see the peso has strengthened since the end of the year, but the long term chart doesn't look great...<br /><br />I would have thought that it was primarily driven by politics, but it has continued to weaken after a short correction at the end of 2020. Markhttps://www.blogger.com/profile/15350288303949096929noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-67966211291654078252022-03-25T22:11:37.196-07:002022-03-25T22:11:37.196-07:00Yep another good Q. One bad part was the foreign ...Yep another good Q. One bad part was the foreign currency adjustment but still super cheap. Interesting to see Gad get no bonus for 2021 which gives me some hope it's tied to stock performanceDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-79366280769006659652022-03-24T17:56:45.592-07:002022-03-24T17:56:45.592-07:00Earnings look pretty solid with $1 EPS in Q4 alone...Earnings look pretty solid with $1 EPS in Q4 alone. If you adjust for PPP from prior year, employee retention credit this year and ignore unrealized gain/loss on securities, it is pretty solid growth. <br /><br />Unfortunately, I doubt this moves it much. Pretty consistent for the last couple of years..Markhttps://www.blogger.com/profile/15350288303949096929noreply@blogger.com