If anyone wants off the email list, please let me know. I have no interest nor desire in sending emails to those not interested. (On a personal note, I have gotten only 3 requests for removal, and dozens of new sign ups from friends/colleagues of already signed up member, THANK YOU)
This AM,
IVDN came out with news, I reprint:
Innovative Designs Shows 58% Y/E Increase
PITTSBURGH, PA--(Marketwire - 11/20/09) - Innovative Designs Inc (OTC.BB:IVDN - News) sales for its fiscal year ending October 31, 2009 showed an increase of approximately 58% over the previous year. The trend is continuing into the New Year with comp sales more than 2.5 times that of the first 18 days of last November.
Joseph Riccelli, CEO of Innovative Designs Inc commented, "We are proud of our significant year-end sales increase, and even more excited about what is happening now. We continue to add new accounts daily, and the cold weather hasn't even set in yet. There are no signs that this trend isn't going to continue."
Of course that is great news! The news that the sales increases are accelerating is even better. Of course the stock is a buy here and now.
HOWEVER, I await even better news, and a potential blockbuster news release:
The results of the BUILDINGS PRODUCT test, and when it will be available for sale. If it comes in as expected, the stock will be a POUND THE TABLE BUY, as the housing industry will have a new product they cant do without.
Always do your own DD, trust no one, verify everything, assume nothing, believe nothing but your own research. This stock as all stocks have upside and downside. I don't own stock yet (my kids do) but I will own stock.
GOOD LUCK!
Friday, November 20, 2009
Wednesday, November 18, 2009
Innovative, exciting and huge potential for profits!
Please review http://www.idigear.com/, fascinating web site, products, and interesting information!
The name of the company is INNOVATIVE DESIGNS, (IVDN) their product(s): Current price. .32~
About 4 years ago, a friend, who is a stock broker, and a real smart guy introduced me to a company he had invested substantial monies into. Based on his suggestion alone, without doing any research on my own, I bought 54,400 shares @ around .52, since then I have given it to my Grandkids and at the moment own no shares. Of course the stock has done nothing for all this time.
The company has undergone a great deal of stress and difficulty the past few years, including an (involuntary) bankruptcy (based on a patent dispute, which they won), a flood that obliterated virtually everything, but they stuck around, thanks to its Chairman, who put everything he has on the line. While they had a rough time gaining traction for their product(s), the business seems to be finally taking off!
The name of the company is INNOVATIVE DESIGNS, (IVDN) their product(s): Current price. .32~
Their products are used by outdoorsman, hunters, fishermen, and a wide variety of other industries including the leading railroads who require protection against the elements.The jackets, overalls etc deliver optimum warmth and comfort with insulating, windproof, and waterproof protection, without the added weight, bulk, and expense of the competition.
A jacket that can protect you down to -.40 degree and weighs 3!!!!!!!!!!!!!!!!!! lbs!!!!!!!!! As opposed to competing products that don't protect to such low temps at much greater weight and bulk and yes, COST! Imagine, you an outdoorsman, or someone working or playing in the inhospitable outdoor elements, you don't want to be bound to a heavy cumbersome outfit, would you? Not when you can have a lightweight and flexible one. and it keeps you warmer and PROTECTS against rain, sleet and snow!
And IT FLOATS!!!!!!!!!!!!!!!!!! They have videos up on the site detailing the significance of this!
The videos are here http://idigear.com/video.php
Think about this, your kids or your elderly parents want to take a swim, but you cant be there to keep an eye on em, and you fear for their safety, you know they wont wear a huge floatation design, what to do? Or those caregivers or therapists that use water aerobics for rehab with their disabled or otherwise challenged patients, what to do?
Problem solved, because the INSULTEX floats, and they make bathing suits out of them, you buy one for Junior, Granny etc, you equip all your patients with one, and no matter what, without the use of a heavy cumbersome flotation device, but with a stylish swimsuit, THEY ARE PROTECTED, THEY CANT SINK, THEY FLOAT!
Now before you think its ONLY for outdoor or cold activity uses,
It is perfect for HIGH FASHION because it is so THIN that it does Not compromise the drapeabilty, and other invaluable properties.............. they have fashion designers are already using it.
The list grows ever more, medical, military etc.
Insultex™ , the fabric, the protection of the future! But available NOW!
(Here I am thinking out loud and speculating. Wouldn't this be perfect for the military? Instead of soldiers carrying bulky gear in rugged weather, and having movements constricted, they can have lightweight protection against the elements with needed flexibility! Last week we all read of two US paratroopers in Afghanistan drowning due to the heavy clothing they wore. With lower weight, better element protection and buoyancy, wouldn't this be a perfect use for the ARTIC ARMOR line of apparel????????
Obviously the uses are widespread, beyond the outdoorsman and hunter, the website, is a great source of information!........................ But as Billy Mays the infomercial king was fond of saying................BUT WAIT THERE'S MORE!!!!!!!!!
They have developed and tested a TyVeck like product, a housewrap that is far and away better in insulation power (and more) then all current products. This can be a huge deal in the housing market.
In the next few weeks, we will do major DD into all aspects of this company, and keep you informed.
Until then, I feel comfortable enough to say, that this stock is NOT A TRADE, but rather an accumulate at this cheap price, and watch it grow.
How soon before a NIKE and or UNDER ARMOR looks at em and says, WE WANT YOU!
At the moment, I dont own any shares, BUT, I will slowly accumulate, because I believe this company will "get it done" and the stock will reflect that promise and make us all a lot of money!
Please stay tuned!!!!!!!!!!!!!!!!
Please always do your own DD, trust no one, verify everything assume NOTHING!
The website is a great source!!!!!!!!!!!!!!!!!
http://idigear.com/video.php................its a fun website as well
NOTE OF CAUTION: Dont let the kids see it, cause they will want a whole bunch of the stuff
The name of the company is INNOVATIVE DESIGNS, (IVDN) their product(s): Current price. .32~
About 4 years ago, a friend, who is a stock broker, and a real smart guy introduced me to a company he had invested substantial monies into. Based on his suggestion alone, without doing any research on my own, I bought 54,400 shares @ around .52, since then I have given it to my Grandkids and at the moment own no shares. Of course the stock has done nothing for all this time.
The company has undergone a great deal of stress and difficulty the past few years, including an (involuntary) bankruptcy (based on a patent dispute, which they won), a flood that obliterated virtually everything, but they stuck around, thanks to its Chairman, who put everything he has on the line. While they had a rough time gaining traction for their product(s), the business seems to be finally taking off!
The name of the company is INNOVATIVE DESIGNS, (IVDN) their product(s): Current price. .32~
Their products are used by outdoorsman, hunters, fishermen, and a wide variety of other industries including the leading railroads who require protection against the elements.The jackets, overalls etc deliver optimum warmth and comfort with insulating, windproof, and waterproof protection, without the added weight, bulk, and expense of the competition.
A jacket that can protect you down to -.40 degree and weighs 3!!!!!!!!!!!!!!!!!! lbs!!!!!!!!! As opposed to competing products that don't protect to such low temps at much greater weight and bulk and yes, COST! Imagine, you an outdoorsman, or someone working or playing in the inhospitable outdoor elements, you don't want to be bound to a heavy cumbersome outfit, would you? Not when you can have a lightweight and flexible one. and it keeps you warmer and PROTECTS against rain, sleet and snow!
And IT FLOATS!!!!!!!!!!!!!!!!!! They have videos up on the site detailing the significance of this!
The videos are here http://idigear.com/video.php
Think about this, your kids or your elderly parents want to take a swim, but you cant be there to keep an eye on em, and you fear for their safety, you know they wont wear a huge floatation design, what to do? Or those caregivers or therapists that use water aerobics for rehab with their disabled or otherwise challenged patients, what to do?
Problem solved, because the INSULTEX floats, and they make bathing suits out of them, you buy one for Junior, Granny etc, you equip all your patients with one, and no matter what, without the use of a heavy cumbersome flotation device, but with a stylish swimsuit, THEY ARE PROTECTED, THEY CANT SINK, THEY FLOAT!
Now before you think its ONLY for outdoor or cold activity uses,
It is perfect for HIGH FASHION because it is so THIN that it does Not compromise the drapeabilty, and other invaluable properties.............. they have fashion designers are already using it.
The list grows ever more, medical, military etc.
Insultex™ , the fabric, the protection of the future! But available NOW!
(Here I am thinking out loud and speculating. Wouldn't this be perfect for the military? Instead of soldiers carrying bulky gear in rugged weather, and having movements constricted, they can have lightweight protection against the elements with needed flexibility! Last week we all read of two US paratroopers in Afghanistan drowning due to the heavy clothing they wore. With lower weight, better element protection and buoyancy, wouldn't this be a perfect use for the ARTIC ARMOR line of apparel????????
Obviously the uses are widespread, beyond the outdoorsman and hunter, the website, is a great source of information!........................ But as Billy Mays the infomercial king was fond of saying................BUT WAIT THERE'S MORE!!!!!!!!!
They have developed and tested a TyVeck like product, a housewrap that is far and away better in insulation power (and more) then all current products. This can be a huge deal in the housing market.
In the next few weeks, we will do major DD into all aspects of this company, and keep you informed.
Until then, I feel comfortable enough to say, that this stock is NOT A TRADE, but rather an accumulate at this cheap price, and watch it grow.
How soon before a NIKE and or UNDER ARMOR looks at em and says, WE WANT YOU!
At the moment, I dont own any shares, BUT, I will slowly accumulate, because I believe this company will "get it done" and the stock will reflect that promise and make us all a lot of money!
Please stay tuned!!!!!!!!!!!!!!!!
Please always do your own DD, trust no one, verify everything assume NOTHING!
The website is a great source!!!!!!!!!!!!!!!!!
http://idigear.com/video.php................its a fun website as well
NOTE OF CAUTION: Dont let the kids see it, cause they will want a whole bunch of the stuff
Saturday, November 7, 2009
The worlds most precious resource, WATER!
After the close Friday, AMIN,
Made what I consider a major announcement. While details are scant and nothing definitive was announced, the direction they are pursuing seems promising.
Water the is the important resource and something no one can do without, unlike oil, gas etc, it is inexhaustible as the oceans have plenty, all we need is to make it drinkable, a tall task of course, but doable. I don't believe that if AMIN is interested in getting into the business they get into it with a me too type of product.
I don't believe they would have made this PR, if they were not going to follow up with deals, definitive deals
I believe this PR and forthcoming news releases portend major upside to the price
(Of course the valuable real estate holdings, at least $3-4 per share and HMDI will help as well)
HMDI link....... http://finance.yahoo.com/news/American-International-pz-184338793.html?x=0&.v=1
ITS A BUY!
Why the value of Kemah is sky high http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
http://finance.yahoo.com/news/American-International-pz-379396445.html?x=0&.v=1
Here is my POV, I don't know if its true, I am guessing, I am merely putting out my intuition! If AMIN were going into the water desalination biz with a me too type product, it would be good, and make the stock do well, but what if they are getting into it with a BETTER MOUSETRAP????? Then all hell breaks out with the stock price. SO you either have a good buy here (based on other factors as well), or you have an explosive upmove!
American International Industries, Inc. Plans to Expand Into Water Purification and Desalination Business
HOUSTON and KEMAH, Texas, Nov. 6, 2009 (GLOBE NEWSWIRE) -- American International Industries, Inc. (Nasdaq:AMIN - News) Chairman and CEO Mr. Daniel Dror announced that AMIN is aggressively studying new potential business opportunities through mergers, acquisitions and/or investments to expand and diversify its present business segments and increase profitably. This growth and expansion plan will have as its priority new, next generation businesses and technologies.
AMIN will utilize its experience, capital, contacts and market strength to identify potential opportunities in critical service and supply industries. The top two worldwide industries are in the energy sector, specifically petroleum and electricity, while the third largest industry worldwide deals with the supply of potable water to mankind. Water is critical to the survival of humanity and worldwide shortages may become more severe in the coming decades. As Global Warming causes adverse climate changes and current natural supplies of potable water are depleted in the USA and many other areas of the globe, millions of people and animals run the risk of dehydration and possible death, if alternative solutions are not developed. Agricultural farmlands may potentially become unproductive and barren if water is not available.
Current water purification, desalination and recovery technologies will become more important as world leaders plan to avoid catastrophic water shortages in the near future. AMIN has identified several companies that can provide economic, efficient, scalable solutions to the potable water shortages, and has commenced discussions and negotiations about potential merger, acquisition and/or investment.
AMIN expects to aggressively complete negotiations with the new entities and expects to announce the results within the upcoming days and weeks................IMO!
They wouldn't have said this if more positive news were not forthcoming!
As always do your OWN DD and verify everything and trust no one!
I am NOT PAID BY ANYONE TO PROMO THIS OR ANY STOCK, I OWN AMIN AND HAVE PAID FOR ALL SHARES AND HAVE BOUGHT IT IN THE MARKET PLACE!
Made what I consider a major announcement. While details are scant and nothing definitive was announced, the direction they are pursuing seems promising.
Water the is the important resource and something no one can do without, unlike oil, gas etc, it is inexhaustible as the oceans have plenty, all we need is to make it drinkable, a tall task of course, but doable. I don't believe that if AMIN is interested in getting into the business they get into it with a me too type of product.
I don't believe they would have made this PR, if they were not going to follow up with deals, definitive deals
I believe this PR and forthcoming news releases portend major upside to the price
(Of course the valuable real estate holdings, at least $3-4 per share and HMDI will help as well)
HMDI link....... http://finance.yahoo.com/news/American-International-pz-184338793.html?x=0&.v=1
ITS A BUY!
Why the value of Kemah is sky high http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
http://finance.yahoo.com/news/American-International-pz-379396445.html?x=0&.v=1
Here is my POV, I don't know if its true, I am guessing, I am merely putting out my intuition! If AMIN were going into the water desalination biz with a me too type product, it would be good, and make the stock do well, but what if they are getting into it with a BETTER MOUSETRAP????? Then all hell breaks out with the stock price. SO you either have a good buy here (based on other factors as well), or you have an explosive upmove!
American International Industries, Inc. Plans to Expand Into Water Purification and Desalination Business
HOUSTON and KEMAH, Texas, Nov. 6, 2009 (GLOBE NEWSWIRE) -- American International Industries, Inc. (Nasdaq:AMIN - News) Chairman and CEO Mr. Daniel Dror announced that AMIN is aggressively studying new potential business opportunities through mergers, acquisitions and/or investments to expand and diversify its present business segments and increase profitably. This growth and expansion plan will have as its priority new, next generation businesses and technologies.
AMIN will utilize its experience, capital, contacts and market strength to identify potential opportunities in critical service and supply industries. The top two worldwide industries are in the energy sector, specifically petroleum and electricity, while the third largest industry worldwide deals with the supply of potable water to mankind. Water is critical to the survival of humanity and worldwide shortages may become more severe in the coming decades. As Global Warming causes adverse climate changes and current natural supplies of potable water are depleted in the USA and many other areas of the globe, millions of people and animals run the risk of dehydration and possible death, if alternative solutions are not developed. Agricultural farmlands may potentially become unproductive and barren if water is not available.
Current water purification, desalination and recovery technologies will become more important as world leaders plan to avoid catastrophic water shortages in the near future. AMIN has identified several companies that can provide economic, efficient, scalable solutions to the potable water shortages, and has commenced discussions and negotiations about potential merger, acquisition and/or investment.
AMIN expects to aggressively complete negotiations with the new entities and expects to announce the results within the upcoming days and weeks................IMO!
They wouldn't have said this if more positive news were not forthcoming!
As always do your OWN DD and verify everything and trust no one!
I am NOT PAID BY ANYONE TO PROMO THIS OR ANY STOCK, I OWN AMIN AND HAVE PAID FOR ALL SHARES AND HAVE BOUGHT IT IN THE MARKET PLACE!
Tuesday, October 20, 2009
20 years ago, the Berlin Wall fell, there will be one notable
world "leader", who wont be there to celebrate
Obama!
If he cant dump on the US, he doesnt even bother to pretend...................
Obama!
If he cant dump on the US, he doesnt even bother to pretend...................
Thursday, October 15, 2009
News Reports: Bush Preemptive Strike Doctrine Under Review, May Be Discarded
Oct. 15 (Bloomberg) -- The Pentagon is reviewing the Bush administration’s doctrine of preemptive military strikes with an eye to modifying or possibly ending it.
The international environment is “more complex” than when President George W. Bush announced the policy in 2002, Kathleen Hicks, the Defense Department’s deputy undersecretary for strategy, said in an interview. “We’d really like to update our use-of-force doctrine to start to take account for that.”
The Sept. 11 terrorist strikes prompted Bush to alter U.S. policy by stressing the option of preemptive military action against groups or countries that threaten the U.S. Critics said that breached international norms and set a dangerous precedent for other nations to adopt a similar policy.
The doctrine is being reassessed as part of the Pentagon’s Quadrennial Defense Review of strategy, force structure and weapons programs. Hicks is overseeing the review.
“We are looking very explicitly at use of force and use of forces,” she said. “We are looking at how to articulate the use of the U.S. military instrument -- how we use military force to achieve national objectives.”
Oh Goody! Now we have to wait for an attack on America before we act.
How naive
How silly
How DANGEROUS!
But at least it will play well in the cafe's of Paris
In the meantime, Russia says they reserve the right to NUKE anyone they fell like nuking!
The international environment is “more complex” than when President George W. Bush announced the policy in 2002, Kathleen Hicks, the Defense Department’s deputy undersecretary for strategy, said in an interview. “We’d really like to update our use-of-force doctrine to start to take account for that.”
The Sept. 11 terrorist strikes prompted Bush to alter U.S. policy by stressing the option of preemptive military action against groups or countries that threaten the U.S. Critics said that breached international norms and set a dangerous precedent for other nations to adopt a similar policy.
The doctrine is being reassessed as part of the Pentagon’s Quadrennial Defense Review of strategy, force structure and weapons programs. Hicks is overseeing the review.
“We are looking very explicitly at use of force and use of forces,” she said. “We are looking at how to articulate the use of the U.S. military instrument -- how we use military force to achieve national objectives.”
Oh Goody! Now we have to wait for an attack on America before we act.
How naive
How silly
How DANGEROUS!
But at least it will play well in the cafe's of Paris
In the meantime, Russia says they reserve the right to NUKE anyone they fell like nuking!
I may not be that smart, but even to me this is insanity!
Moscow - The United States is prepared to permit Russia to inspect its nuclear facilities, US Secretary of State Hillary Rodham Clinton said Wednesday. Russia would be allowed to check compliance under this arrangement, Clinton said in an interview with Echo Moskvy radio in Moscow.
The US hoped it would be allowed to inspect Russian facilities in return. "We want to create such a system of control," Clinton said.
The deal would form part of the new strategic arms reduction treaty being negotiated between the two powers.
The new treaty is to replace the Strategic Arms Reduction Treaty that was signed by the two powers in 1991 as means of cutting back on the Cold War era build up of arms, which expires on December 5.
Clinton expressed the hope that the new treaty will come into effect in time. The US has meanwhile invited Russian President Dmitry Medvedev to participate in a summit on global nuclear security in April.
Read this again......The US hoped it would be allowed to inspect Russian facilities in return. "We want to create such a system of control," Clinton said.
We will let THEM inspect ours, we hope they will let us inspect their's, YEAH RIGHT!
The US hoped it would be allowed to inspect Russian facilities in return. "We want to create such a system of control," Clinton said.
The deal would form part of the new strategic arms reduction treaty being negotiated between the two powers.
The new treaty is to replace the Strategic Arms Reduction Treaty that was signed by the two powers in 1991 as means of cutting back on the Cold War era build up of arms, which expires on December 5.
Clinton expressed the hope that the new treaty will come into effect in time. The US has meanwhile invited Russian President Dmitry Medvedev to participate in a summit on global nuclear security in April.
Read this again......The US hoped it would be allowed to inspect Russian facilities in return. "We want to create such a system of control," Clinton said.
We will let THEM inspect ours, we hope they will let us inspect their's, YEAH RIGHT!
Monday, October 12, 2009
AMIN, why buying here is .15 on the dollar
FD. Assume nothing, trust no one, verify everything, do your own DD, believe NOTHING but your own research.
We are not promo guys, we are investors and own both HMDI and AMIN, we have been shareholders in AMIN since 1998! We have been shareholders in HMDI from 2002!
We are NOT paid to promo anything! We truly honestly believe that everything we have written is accurate to the best of our knowledge. We have NO INSIDE INFO whatsoever, everything we have said is from public info that is out there for all.
Investments are risky, if you cant afford risk, don't invest!
Caution: AMIN is thinly traded, it is MORE an investment than a trade, a great long term hold.....For huge reward. OTOH, HMDI traded almost no shares for months until Friday, so don't let the thin volume dissuade you!
(In short, you can buy AMIN for half value of its holdings in HMDI and get the rest of its valuable assets for FREE)
Well, our idea on HMDI worked extraordinarily well, did it not?
As many of you know, I have been pounding the table on it for more than a month, when the news became public, Friday before the open, I alerted you, and KABOOM!
Congrats to you all!, DONT BUY NOW, We will have a better opportunity!
I would like to give you a new idea, many of you will recognize it and say, that the idea isn't new, as I have mentioned it repeatedly for weeks. BUT, it is new in light of what HMDI has done!
AMIN, American International Industries. Current price around $1.2, market cap around $10 million. Insiders own almost 50%.
Why buy now?
Simple, AMIN owns 51% of Delta Drilling which is going into HMDI, after the deal is done, AMIN will in effect own more than 54% of Delta Drilling!
At current prices, HMDI has a market cap of almost three times AMIN, clearly, AMIN is worth at least $2 -$2.5 in HMDI value alone!!!!!!!!!!!!!!!!!!!! Yet it sells for only $1.2.
Therefore, you can buy AMIN for half the value it has in HMDI, (and I expect over time, HMDI will do even better), PLUS, YOU ARE GETTING $30-35 million in real estate value for FREE!!!!!!!!!
But as the infomercial say, WAIT, THERE'S MORE!!!!!!!!!!!!!!!
As I have written before, AMIN is asset rich, real estate rich,
We wrote this on our blog 2 weeks ago, that was BEFORE the HMDI news!
An investment idea, AMIN
For almost 2 decades, my partner and I have been managing money, and doing very well.
One of the philosophies we have followed is buy extreme value, short extreme overvalue, our clients have prospered with that approach.
Currently, we are accumulating a small, very small NASD company that is in the extreme value category, AMIN. American International Industries.
Why extreme value? At the current price of $1.2, market cap of about $10 million, we believe it is undervalued by one quarter, maybe more. We see value of a minimum $5-7, maybe more.
Why? Not because of the actual operating businesses they have, though they are fairly decent. Rather because of the impressive real estate holdings they have, and have put on sale. In short, the real estate holding are worth $3-4 per share. I know, that some say, Real Estate!? Its worth nothing! Incorrect, read this report and see how valuable their holding are http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
Matthew Simmons and maybe I got my wires crossed, but damn near maybe that Dickinson Bayou property is worth more than $25 million. Simmons put together a piece on Galveston Bay that is damn good and talks about the value a Galveston Bay and compares it to three of the "world's Vital Water Bodies". It puts Galveston Bay in the same prominence as The Persian Gulf, Lake Pontchartrain, and Lake Maracaibo. It talks bout Kemah (AMIN's headquarters) as a spot for alternative energy company location (sea-based windmills and such) and on page 4 shows the location a Dickinson Bayou south a Kemah and near the Houston Ship Channel.
AMIN owns a piece of land on the waterfront in Kemah, that they have on the books for $250K, its fully paid for, no mortgage! Its for sale for $24 million, almost $2.5 per share! They also have 3 other valuable properties for sale.
When will it be sold? I don't know. Will it be sold? Yes, eventually! That is why its extreme value and frustrating at the same time. If and when the land is sold, how many times per cash should AMIN trade at? Even if its only 2 times cash, that means at least $7!
AMIN, continued.........
In addition to the 287 acres, valued at maybe $24 million (almost $3 per share), AMIN has other properties valued at around $15-18 million, almost $2 per share
As they have tax loss carry forwards, almost all the profits will be tax free.
We are not promo guys, we are investors and own both HMDI and AMIN, we have been shareholders in AMIN since 1998! We have been shareholders in HMDI from 2002!
We are NOT paid to promo anything! We truly honestly believe that everything we have written is accurate to the best of our knowledge. We have NO INSIDE INFO whatsoever, everything we have said is from public info that is out there for all.
Investments are risky, if you cant afford risk, don't invest!
Caution: AMIN is thinly traded, it is MORE an investment than a trade, a great long term hold.....For huge reward. OTOH, HMDI traded almost no shares for months until Friday, so don't let the thin volume dissuade you!
(In short, you can buy AMIN for half value of its holdings in HMDI and get the rest of its valuable assets for FREE)
Well, our idea on HMDI worked extraordinarily well, did it not?
As many of you know, I have been pounding the table on it for more than a month, when the news became public, Friday before the open, I alerted you, and KABOOM!
Congrats to you all!, DONT BUY NOW, We will have a better opportunity!
I would like to give you a new idea, many of you will recognize it and say, that the idea isn't new, as I have mentioned it repeatedly for weeks. BUT, it is new in light of what HMDI has done!
AMIN, American International Industries. Current price around $1.2, market cap around $10 million. Insiders own almost 50%.
Why buy now?
Simple, AMIN owns 51% of Delta Drilling which is going into HMDI, after the deal is done, AMIN will in effect own more than 54% of Delta Drilling!
At current prices, HMDI has a market cap of almost three times AMIN, clearly, AMIN is worth at least $2 -$2.5 in HMDI value alone!!!!!!!!!!!!!!!!!!!! Yet it sells for only $1.2.
Therefore, you can buy AMIN for half the value it has in HMDI, (and I expect over time, HMDI will do even better), PLUS, YOU ARE GETTING $30-35 million in real estate value for FREE!!!!!!!!!
But as the infomercial say, WAIT, THERE'S MORE!!!!!!!!!!!!!!!
As I have written before, AMIN is asset rich, real estate rich,
We wrote this on our blog 2 weeks ago, that was BEFORE the HMDI news!
An investment idea, AMIN
For almost 2 decades, my partner and I have been managing money, and doing very well.
One of the philosophies we have followed is buy extreme value, short extreme overvalue, our clients have prospered with that approach.
Currently, we are accumulating a small, very small NASD company that is in the extreme value category, AMIN. American International Industries.
Why extreme value? At the current price of $1.2, market cap of about $10 million, we believe it is undervalued by one quarter, maybe more. We see value of a minimum $5-7, maybe more.
Why? Not because of the actual operating businesses they have, though they are fairly decent. Rather because of the impressive real estate holdings they have, and have put on sale. In short, the real estate holding are worth $3-4 per share. I know, that some say, Real Estate!? Its worth nothing! Incorrect, read this report and see how valuable their holding are http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
Matthew Simmons and maybe I got my wires crossed, but damn near maybe that Dickinson Bayou property is worth more than $25 million. Simmons put together a piece on Galveston Bay that is damn good and talks about the value a Galveston Bay and compares it to three of the "world's Vital Water Bodies". It puts Galveston Bay in the same prominence as The Persian Gulf, Lake Pontchartrain, and Lake Maracaibo. It talks bout Kemah (AMIN's headquarters) as a spot for alternative energy company location (sea-based windmills and such) and on page 4 shows the location a Dickinson Bayou south a Kemah and near the Houston Ship Channel.
AMIN owns a piece of land on the waterfront in Kemah, that they have on the books for $250K, its fully paid for, no mortgage! Its for sale for $24 million, almost $2.5 per share! They also have 3 other valuable properties for sale.
When will it be sold? I don't know. Will it be sold? Yes, eventually! That is why its extreme value and frustrating at the same time. If and when the land is sold, how many times per cash should AMIN trade at? Even if its only 2 times cash, that means at least $7!
AMIN, continued.........
In addition to the 287 acres, valued at maybe $24 million (almost $3 per share), AMIN has other properties valued at around $15-18 million, almost $2 per share
As they have tax loss carry forwards, almost all the profits will be tax free.
Sunday, October 11, 2009
Sorry, bad link!
http://windough-shopper.blogspot.com/2009/09/my-new-upcoming-penny-play-nat-gas.html
Remember this? We alerted you.........
http://www.google.com/accounts/RP?c=CJf2gOC1ud70eBDzqZ-tyeHO8lM&hl=en
Our alert went out Friday before the open
It went from .01 to .50!!!!!!!!!!!!!!!
Congrats to you who got in
We will have a new one in the AM!
Our alert went out Friday before the open
It went from .01 to .50!!!!!!!!!!!!!!!
Congrats to you who got in
We will have a new one in the AM!
Friday, October 9, 2009
So Obama wins the Nobel "Peace" Prize!
We will give up in Afghanistan
We will cave into Iran,
Leave Iraq
Kiss ass all over the world
PEACE!
The name should be changed to DUMBELL PRIZE!
We will cave into Iran,
Leave Iraq
Kiss ass all over the world
PEACE!
The name should be changed to DUMBELL PRIZE!
Wednesday, October 7, 2009
A potential scandal for Obama?
http://legalinsurrection.blogspot.com/2009/10/will-obama-deny-bill-ayers-accusation.html#links
Will Obama Deny Bill Ayers' Accusation?
Anne Leary from Illinois blogs at Backyard Conservative. I've had a lot of contact with Anne, mostly because of my interest in the Rod Blagojevich fiasco last winter. Anne strikes me as a completely straight shooter.
I felt an immediate connection to Anne because of the description she used to use on her blog as to why she started blogging: "This blog is a product of over 25 years of biting my tongue in polite society." A kindred spirit, for sure. Anne, if you are not going to use that phrase anymore, can I use it?
In a much publicized blog post yesterday, Anne wrote of her chance encounter with Bill Ayers (former Weatherman terrorist, and political enabler of Barack Obama) at Reagan National Airport. After reciting some of their initial conversation, Anne states that Ayers admitted he ghost authored Dreams From My Father:
Then, unprompted he said--I wrote Dreams From My Father. I said, oh, so you admit it. He said--Michelle asked me to. I looked at him. He seemed eager. He's about my height, short. He went on to say--and if you can prove it, we can split the royalties. So I said, stop pulling my leg. Horrible thought. But he came again--I really wrote it, the wording was similar. I said I believe you probably heavily edited it. He said--I wrote it. I said--why would I believe you, you're a liar.He had no answer to that. Just looked at me. Then he turned and walked off, and said again his bit about my proving it and splitting the proceeds.
Was Bill Ayers just causing some trouble with a tall tale sure to get people talking, or telling the truth to a stranger to get it off his chest? I don't know, but I do believe that Anne was accurate in telling what Ayers said.
Will Obama issue a denial of Ayers' accusation? Will the usually compliant press ask a real question for once? Probably neither, which is too bad.
I think we are entitled to know whose Dream it was, since we are living the nightmare now.
Will Obama Deny Bill Ayers' Accusation?
Anne Leary from Illinois blogs at Backyard Conservative. I've had a lot of contact with Anne, mostly because of my interest in the Rod Blagojevich fiasco last winter. Anne strikes me as a completely straight shooter.
I felt an immediate connection to Anne because of the description she used to use on her blog as to why she started blogging: "This blog is a product of over 25 years of biting my tongue in polite society." A kindred spirit, for sure. Anne, if you are not going to use that phrase anymore, can I use it?
In a much publicized blog post yesterday, Anne wrote of her chance encounter with Bill Ayers (former Weatherman terrorist, and political enabler of Barack Obama) at Reagan National Airport. After reciting some of their initial conversation, Anne states that Ayers admitted he ghost authored Dreams From My Father:
Then, unprompted he said--I wrote Dreams From My Father. I said, oh, so you admit it. He said--Michelle asked me to. I looked at him. He seemed eager. He's about my height, short. He went on to say--and if you can prove it, we can split the royalties. So I said, stop pulling my leg. Horrible thought. But he came again--I really wrote it, the wording was similar. I said I believe you probably heavily edited it. He said--I wrote it. I said--why would I believe you, you're a liar.He had no answer to that. Just looked at me. Then he turned and walked off, and said again his bit about my proving it and splitting the proceeds.
Was Bill Ayers just causing some trouble with a tall tale sure to get people talking, or telling the truth to a stranger to get it off his chest? I don't know, but I do believe that Anne was accurate in telling what Ayers said.
Will Obama issue a denial of Ayers' accusation? Will the usually compliant press ask a real question for once? Probably neither, which is too bad.
I think we are entitled to know whose Dream it was, since we are living the nightmare now.
For new readers, please scroll thru the blog.....
read through our PENNY PLAY philosophies and our thoughts on why AMIN deserves your investment consideration
Your feedback is appreciated
Your feedback is appreciated
Because one meltdown wasnt enough, two should be better, NO?
Obama and the DemoCRAPS have a new plan to undermine banks and housing
Community "activists" will decide who gets loans!!!!!!!!!!!
http://www.moonbattery.com/archives/2009/10/chairman_zeros_1.html#comments
What can they be "thinking", if anything?
Chairman Zero's Latest Plan to Destroy the Economy
Posted by Gregory of Yardale at 5:26 PM
Comments (7)
Historically, banks had a pretty good, market-based system for loaning money. Money was loaned to people whose behavior showed they were likely to pay it back. Those less likely to pay it back were charged higher interest to cover the risk of default.
Community activists (progressives) were unhappy with this system. They wanted the system politicized so that politically favored groups would receive mortgage loans regardless of their credit-worthiness. Banks were pressured by these activist groups and their fellow travelers in Congress to loan billions and billions to people who had no business taking out mortgages. Hence the real estate bubble. Hence the inevitable collapse of the real estate bubble that resulted in the collapse of the global economy.
Chairman Zero and the Democrats must have stayed up very late nights trying to figure out how to make the system worse. But finally, they got an idea. An awful idea. The Obamacrats got a wonderful, *awful* idea!.
As we try to shake off the financial crisis, here's a bright idea. Take a law that has led to the writing of an enormous amount of bad mortgages and expand it. Then take enforcement away from bank examiners and give it to housing activists.
Sound like a poisonous cocktail? Well, it is what the Obama administration and Democrats are currently stirring up on Capitol Hill.
The Obamacrats are planning to expand the Community Reinvestment Act -- the one that helped to fuel the mortgage meltdown --- and amend it to take oversight authority away from bank examiners and over to groups like ACORN and the SEIU. ACORN (and/or groups like it) would have regulatory authority to force banks to make mortgage loans under the amended CRA.
Either the Obamacrats are deliberately out to Cloward-Piven the economy, or they are completely bugfrack insane. Those are the only two possibilities. They have cap and trade to destroy the energy sector. They want to nationalize health insurance. They want to use card check to wipe out manufacturing and service industries. Salary caps and Draconian regulations will kill the financial sector. The Obamacrats seemed determine to destroy every sector of the economy.
On a related note, King of the Race Hustlers Jesse Jackson is blaming the epidemic of teenage violence in Chicago on "predatory lending." That's right. Chicago teenagers are beating each other to death because banks charge higher interest rates to minorities who are bad credit risks.
Community "activists" will decide who gets loans!!!!!!!!!!!
http://www.moonbattery.com/archives/2009/10/chairman_zeros_1.html#comments
What can they be "thinking", if anything?
Chairman Zero's Latest Plan to Destroy the Economy
Posted by Gregory of Yardale at 5:26 PM
Comments (7)
Historically, banks had a pretty good, market-based system for loaning money. Money was loaned to people whose behavior showed they were likely to pay it back. Those less likely to pay it back were charged higher interest to cover the risk of default.
Community activists (progressives) were unhappy with this system. They wanted the system politicized so that politically favored groups would receive mortgage loans regardless of their credit-worthiness. Banks were pressured by these activist groups and their fellow travelers in Congress to loan billions and billions to people who had no business taking out mortgages. Hence the real estate bubble. Hence the inevitable collapse of the real estate bubble that resulted in the collapse of the global economy.
Chairman Zero and the Democrats must have stayed up very late nights trying to figure out how to make the system worse. But finally, they got an idea. An awful idea. The Obamacrats got a wonderful, *awful* idea!.
As we try to shake off the financial crisis, here's a bright idea. Take a law that has led to the writing of an enormous amount of bad mortgages and expand it. Then take enforcement away from bank examiners and give it to housing activists.
Sound like a poisonous cocktail? Well, it is what the Obama administration and Democrats are currently stirring up on Capitol Hill.
The Obamacrats are planning to expand the Community Reinvestment Act -- the one that helped to fuel the mortgage meltdown --- and amend it to take oversight authority away from bank examiners and over to groups like ACORN and the SEIU. ACORN (and/or groups like it) would have regulatory authority to force banks to make mortgage loans under the amended CRA.
Either the Obamacrats are deliberately out to Cloward-Piven the economy, or they are completely bugfrack insane. Those are the only two possibilities. They have cap and trade to destroy the energy sector. They want to nationalize health insurance. They want to use card check to wipe out manufacturing and service industries. Salary caps and Draconian regulations will kill the financial sector. The Obamacrats seemed determine to destroy every sector of the economy.
On a related note, King of the Race Hustlers Jesse Jackson is blaming the epidemic of teenage violence in Chicago on "predatory lending." That's right. Chicago teenagers are beating each other to death because banks charge higher interest rates to minorities who are bad credit risks.
Tuesday, October 6, 2009
So our President makes a speech At The National Counterterrorism Center
And mentions Afghanistan...............
NOT ONE TIME!!!!!!!!!!!!
Clueless?
Naive?
Simpleton?
Dangerous?
All the above?
NOT ONE TIME!!!!!!!!!!!!
Clueless?
Naive?
Simpleton?
Dangerous?
All the above?
OK, never mind............I THINK
So the dollar story is being denied
For now
Until it becomes fact, I guess.
http://legalinsurrection.blogspot.com/
Fiddler-in-Chief
Barack Obama is fiddling on his grand plans to remake the U.S. health care and energy systems, while our economy and our position in the world burn. The most recent evidence of the harm being caused by our fiddler-in-chief is the move internationally to abandon the dollar as the international exchange currency for oil transactions, as reported in The Independent newspaper in Britain:
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar....
Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years' time. The current deadline for the currency transition is 2018.
I would like to think someone in the Obama administration would be concerned, but honest reflection leads only to the conclusion that the lowering of U.S. international power will be music to Obama's ears. He never misses an opportunity to lecture the world about the evils of domination by any one country, by which he means the United States.
A fiddler who is not oblivious to the fire, by any means.
For now
Until it becomes fact, I guess.
http://legalinsurrection.blogspot.com/
Fiddler-in-Chief
Barack Obama is fiddling on his grand plans to remake the U.S. health care and energy systems, while our economy and our position in the world burn. The most recent evidence of the harm being caused by our fiddler-in-chief is the move internationally to abandon the dollar as the international exchange currency for oil transactions, as reported in The Independent newspaper in Britain:
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar....
Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years' time. The current deadline for the currency transition is 2018.
I would like to think someone in the Obama administration would be concerned, but honest reflection leads only to the conclusion that the lowering of U.S. international power will be music to Obama's ears. He never misses an opportunity to lecture the world about the evils of domination by any one country, by which he means the United States.
A fiddler who is not oblivious to the fire, by any means.
Monday, October 5, 2009
Well, we did vote for "CHANGE", didnt we?
DRUDGE reports
ARAB STATES LAUNCH SECRET MOVES WITH CHINA, RUSSIA, FRANCE TO STOP USING DOLLAR FOR OIL TRADING...
The US, is fast becoming a TURD WORLD country
Thx NoBama!
PS. No, I didnt vote for him!
ARAB STATES LAUNCH SECRET MOVES WITH CHINA, RUSSIA, FRANCE TO STOP USING DOLLAR FOR OIL TRADING...
The US, is fast becoming a TURD WORLD country
Thx NoBama!
PS. No, I didnt vote for him!
How convenient
gee whiz,
How convenient
The market down 3-4 days in a row, looks vulnerable and VIOLA!
Goldman says BUY BANKS and all is well!
Oh well, if the economy sucks, and it does, DIVERT attention and run market up
How convenient
The market down 3-4 days in a row, looks vulnerable and VIOLA!
Goldman says BUY BANKS and all is well!
Oh well, if the economy sucks, and it does, DIVERT attention and run market up
Our Penny Stock Philosophy Part 2
For some reason, the post was cut down,
We continue:
9-The company must never ever use the "services" of paid promo guys! We have found that usually those companies taht do use these services, have nothing, or need to run the stock for insiders to sell shares.
10-The products/services the company has must not have huge cash needs to bring to market, as usually small companies dont have the needed cash.
We continue:
9-The company must never ever use the "services" of paid promo guys! We have found that usually those companies taht do use these services, have nothing, or need to run the stock for insiders to sell shares.
10-The products/services the company has must not have huge cash needs to bring to market, as usually small companies dont have the needed cash.
11-The management must concentrate on business and not stock price. Business leads to a higher price, not the other way around.
We are NOT stock promoters, we don't get paid to pick these stocks, we have an investment stake in all our ideas, sometimes with restricted shares, sometimes with warrants. We believe in what we recommend and invest in. We DONT always pick winners, WE ALWAYS DO OUR BEST!
Friday, October 2, 2009
Our Penny Stock Philosophy
Our Penny Stock Philosophy
Thru out the past 2 decades of managing money, we have done very well with penny stocks, below we share our philosophy of what are criteria is to get into our investments.
Please always do your own DD, there are no assurances, assume nothing, verify everything, we never ever have any inside info, EVER!
1- We must do our own DD, meet with the company, its management and related parties
2-The company MUST have products/services, NOT be a start-up or have a great idea they hope to implement
3-There must never be hundreds of millions of shares outstanding where it takes hundreds of thousands of shares bought to move it one cent
4-The insiders must have a significant stake
5-The company must not be selling shares into the market to raise money
6-The product or service must have mass appeal, no gizmo's that MIGHT appeal to someone sometime!
7-The products services must be easily understood by the masses
8-The company must not have a huge debt load
Please keep an eye out for our up coming ideas
We are NOT stock promoters, we don't get paid to pick these stocks, we have an investment stake in all our ideas, sometimes with restricted shares, sometimes with warrants. We believe in what we recommend and invest in. We DONT always pick winners, WE ALWAYS DO OUR BEST!
Thru out the past 2 decades of managing money, we have done very well with penny stocks, below we share our philosophy of what are criteria is to get into our investments.
Please always do your own DD, there are no assurances, assume nothing, verify everything, we never ever have any inside info, EVER!
1- We must do our own DD, meet with the company, its management and related parties
2-The company MUST have products/services, NOT be a start-up or have a great idea they hope to implement
3-There must never be hundreds of millions of shares outstanding where it takes hundreds of thousands of shares bought to move it one cent
4-The insiders must have a significant stake
5-The company must not be selling shares into the market to raise money
6-The product or service must have mass appeal, no gizmo's that MIGHT appeal to someone sometime!
7-The products services must be easily understood by the masses
8-The company must not have a huge debt load
Please keep an eye out for our up coming ideas
We are NOT stock promoters, we don't get paid to pick these stocks, we have an investment stake in all our ideas, sometimes with restricted shares, sometimes with warrants. We believe in what we recommend and invest in. We DONT always pick winners, WE ALWAYS DO OUR BEST!
Wednesday, September 30, 2009
Tuesday, September 29, 2009
this outa gimme a reason to visit the Strip Club, NO?
I guess the NAACP finally finished all its petty dealings and deals with real issues
HA!
About three dozen people attended a lunchtime protest today outside a downtown Richmond strip club that has a new banner depicting President Barack Obama as the Joker of “Batman” movie fame.
Virginia NAACP Executive Director King Salim Khalfani told the protesters that his group arranged the protest because it took offense to “the abomination that’s on the wall behind us.“
The poster, unfurled over the weekend from the roof of Club Velvet at 15th and East Main streets, is about 8 feet wide by 10 feet tall. Looming over the busy intersection, the poster shows Obama’s face superimposed over that of Heath Ledger, who won an Academy Award for his portrayal of the Joker in the Batman sequel “The Dark Knight.“
Obama’s face on the poster has the same eye black and smeared red lipstick that Ledger made famous in the movie. Below Obama’s face is the word “socialism” in large, black, bold letters.
Club owner Samuel J.T. Moore III declined to be interviewed but released a statement saying he put up the poster as part of his constitutional right to free speech.
Moore, who identified himself as a Libertarian, said he was unhappy with the direction of Obama’s eight-month-old administration, particularly on financial issues.
HA!
About three dozen people attended a lunchtime protest today outside a downtown Richmond strip club that has a new banner depicting President Barack Obama as the Joker of “Batman” movie fame.
Virginia NAACP Executive Director King Salim Khalfani told the protesters that his group arranged the protest because it took offense to “the abomination that’s on the wall behind us.“
The poster, unfurled over the weekend from the roof of Club Velvet at 15th and East Main streets, is about 8 feet wide by 10 feet tall. Looming over the busy intersection, the poster shows Obama’s face superimposed over that of Heath Ledger, who won an Academy Award for his portrayal of the Joker in the Batman sequel “The Dark Knight.“
Obama’s face on the poster has the same eye black and smeared red lipstick that Ledger made famous in the movie. Below Obama’s face is the word “socialism” in large, black, bold letters.
Club owner Samuel J.T. Moore III declined to be interviewed but released a statement saying he put up the poster as part of his constitutional right to free speech.
Moore, who identified himself as a Libertarian, said he was unhappy with the direction of Obama’s eight-month-old administration, particularly on financial issues.
I will have a great PENNY STOCK IDEA
in a matter of a week or 2, please stay tunes!
NO, I DONT HAVE INSIDE INFO!
NO, I DONT HAVE INSIDE INFO!
Obama Sends "Strongly Worded Message" to Congress Disapproving of Reinstating Pension
Obama Sends "Strongly Worded Message" to Congress Disapproving of Reinstating Pensions for WWII Alaska Guard Vets
WHY???????????????
I guess he has to start cutting the deficit sometime, Huh?
WHY???????????????
I guess he has to start cutting the deficit sometime, Huh?
Sunday, September 27, 2009
AMIN, continued.........
In addition to the 287 acres, valued at maybe $24 million (almost $3 per share), AMIN has other properties valued at around $15-18 million, almost $2 per share
As they have tax loss carry forwards, almost all the profits will be tax free.
EXTREME VALUE
As they have tax loss carry forwards, almost all the profits will be tax free.
EXTREME VALUE
Free money to all! Of course, you have to be an Obama fan!
During the campaign, Obama said NO to offshore drilling! Now it turns out he gave 42 billion to PeroBas to drill, in Brazil, good for them, what about us? Why is our money going to foregin companies?
Oh, and who invested billions into the shares of Petrobas just weeks before? George Soros, friend of OH!Bama!
Obama just lent $550 million to a Finnish auto maker to develop a hybrid car. The car being BUILT in Finland, will sell for $90,000!!!!!!!!!!!!!!
Oh, and who is the main backer for the auto company?
Al Gore!
It pays to be Ohbama's friend
Oh, and who invested billions into the shares of Petrobas just weeks before? George Soros, friend of OH!Bama!
Obama just lent $550 million to a Finnish auto maker to develop a hybrid car. The car being BUILT in Finland, will sell for $90,000!!!!!!!!!!!!!!
Oh, and who is the main backer for the auto company?
Al Gore!
It pays to be Ohbama's friend
An investment idea, AMIN
For almost 2 decades, my partner and I have been managing money, and doing very well.
One of the philosophies we have followed is buy extreme value, short extreme overvalue, our clients have prospered with that approach.
Currently, we are accumulating a small, very small NASD company that is in the extreme value category, AMIN. American International Industries.
Why extreme value? At the current price of $1.2, market cap of about $10 million, we believe it is undervalued by one quarter, maybe more. We see value of a minimum $5-7, maybe more.
Why? Not because of the actual operating businesses they have, though they are fairly decent. Rather because of the impressive real estate holdings they have, and have put on sale. In short, the real estate holding are worth $3-4 per share. I know, that some say, Real Estate!? Its worth nothing! Incorrect, read this report and see how valuable their holding are http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
Matthew Simmons and maybe I got my wires crossed, but damn near maybe that Dickinson Bayou property is worth more than $25 million. Simmons put together a piece on Galveston Bay that is damn good and talks about the value a Galveston Bay and compares it to three of the "world's Vital Water Bodies". It puts Galveston Bay in the same prominence as The Persian Gulf, Lake Pontchartrain, and Lake Maracaibo. It talks bout Kemah (AMIN's headquarters) as a spot fer alternative energy company location (sea-based windmills and such) and on page 4 shows the location a Dickinson Bayou south a Kemah and near the Houston Ship Channel.
AMIN owns a piece of land on the waterfront in Kemah, that they have on the books for $250K, its fully paid for, no mortgage! Its for sale for $24 million, almost $2.5 per share! They also have 3 other valuable properties for sale.
When will it be sold? I don't know. Will it be sold? Yes, eventually! that is why its extreme value and frustrating at the same time. If and when the land is sold, how many times per cash should AMIN trade at? Even if its only 2 times cash, that means at least $7!
EXTREME VALUE!
Good Luck!
One of the philosophies we have followed is buy extreme value, short extreme overvalue, our clients have prospered with that approach.
Currently, we are accumulating a small, very small NASD company that is in the extreme value category, AMIN. American International Industries.
Why extreme value? At the current price of $1.2, market cap of about $10 million, we believe it is undervalued by one quarter, maybe more. We see value of a minimum $5-7, maybe more.
Why? Not because of the actual operating businesses they have, though they are fairly decent. Rather because of the impressive real estate holdings they have, and have put on sale. In short, the real estate holding are worth $3-4 per share. I know, that some say, Real Estate!? Its worth nothing! Incorrect, read this report and see how valuable their holding are http://www.simmonsco-intl.com/files/Galveston%20Bay%20Foundation.pdf
Matthew Simmons and maybe I got my wires crossed, but damn near maybe that Dickinson Bayou property is worth more than $25 million. Simmons put together a piece on Galveston Bay that is damn good and talks about the value a Galveston Bay and compares it to three of the "world's Vital Water Bodies". It puts Galveston Bay in the same prominence as The Persian Gulf, Lake Pontchartrain, and Lake Maracaibo. It talks bout Kemah (AMIN's headquarters) as a spot fer alternative energy company location (sea-based windmills and such) and on page 4 shows the location a Dickinson Bayou south a Kemah and near the Houston Ship Channel.
AMIN owns a piece of land on the waterfront in Kemah, that they have on the books for $250K, its fully paid for, no mortgage! Its for sale for $24 million, almost $2.5 per share! They also have 3 other valuable properties for sale.
When will it be sold? I don't know. Will it be sold? Yes, eventually! that is why its extreme value and frustrating at the same time. If and when the land is sold, how many times per cash should AMIN trade at? Even if its only 2 times cash, that means at least $7!
EXTREME VALUE!
Good Luck!
Saturday, September 26, 2009
Obama: Victory? We dont need no victory, do we?
Obama On Nuclear Conflict With Iran: "I'm Not Interested In Victory"
Obama On Nuclear Conflict With Iran: "I'm Not Interested In Victory"Come again?
What kind of a radical crackpot did we elect?Obama tells reporters at G20 Meeting-- "I'm not interested in victory."
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