KWIN “GENERAL OVERVIEW INFORMATION” by Brad
Updated 2-24-99
(NOTICE: This information has been compiled by me, an independent
investor, and is
presented to be as accurate as possible according to what information I
have been able to obtain from public and private sources. This should
NOT be assumed exact, but is
presented as a starting point for research purposes.
FURTHERMORE...
- I am NOT compensated in any way by with this company.
- I don't give advice and I don't make recommendations to buy or sell.
- I have my own opinions and I could be right or wrong.
- I try to be as objective as I can, but...
- YOU need to follow through and check things for yourself.
- Questions should be directed to the appropriate source. Some are
listed below.)
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- COMPANY “SNAPSHOT” -
KWIN - Kenwick Industries, Inc. (OTC:BB)
2455 E Sunrise Blvd, Suite 512
Ft Lauderdale, FL 33304
Phone: 1-800-822-4122 or 954-566-5264
Fax: 954-566-5164
KEY FACTORS:
Growing - Making Money - Exceeding Expectations
1) Float 450,000 shares
2) About 4.05 million Total Shares Outstanding
3) About 3.6 million shares are owned by insiders
4) 1998 AutoMax Earnings (before tax): $.50
5) KWIN is listed in Standard & Poors Registry.
6) Average Industry P/E Multiple: 25 x EPS
7) 52 Week Price Range: $0.44 - $7.18
8) Long Term Debt is only about $240,000
RECENT PRICE RANGE: $0.50 - $1.75
52 WEEK RANGE: $0.44 - $7.18
REVENUES
1997: $1.17 million
1998: $4.5 million
EARNINGS BEFORE TAX
1997: ($0.09)
1998: Projected $0.46 Actual $0.50
TAX LOSS CARRY FORWARD: Apx $325,000
INDUSTRY AVG P/E MULTIPLE: 25 times EPS
REPORTING STATUS: Currently listed in Standard & Poors Registry.
Expects
to be fully Reporting with the SEC as soon as possible.
BRIEF BUSINESS DESCRIPTION:
-Kenwick Industries primary business is automotive retailing and
automotive financing.
Additionally, Kenwick Industires wholy-owned subsidiaries include a
video language
learning distribution business and an advertising company. Kenwick's
growth strategy
is to acquire existing profitable businesses with efficient management
systems already
in place, thus adding accretive value to KWIN shares.
OFFICERS
CEO & President: Ken Wulwick
SR VP Sales & Mktg: Shel Glickman
CFO & Investor Relations: Jerry Nabridge
AUDITING FIRM:
Purlitz and Weintraub - Plantation, FL
TRANSFER AGENT:
Florida Atlantic Stock Transfer, Inc 954-726-4954
FISCAL YEAR: Calendar Year
LONG TERM DEBT: Apx $240,000
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- SHARE INFORMATION -
TOTAL SHARES OUTSTANDING: 4.05 million
SHARES IN THE FLOAT: 450,000
RESTRICTED SHARES: 3.6 million
INSIDER HOLDINGS: 3.6 million
TOTAL SHARES AUTHORIZED: 10 million
PREFERRED SHARES ISSUED: - 0 - (1 million are Authorized)
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REVENUES
1997 (Ramp up year)........................ $1.17 Million
1998.................................................. $4.5 Million
RECENT PRESS RELEASES:
snap.com
CHART:
bigcharts.com
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WHY I LIKE THIS COMPANY:
1) KWIN is making money !
2) It's Growing !
3) It's Exceeding Expectations !
4) Small Number of Total Shares Outstanding
5) KWIN is Listed in Standard & Poors Registry.
6) No Preferred stock has been issued.
7) Acquisitions so far have been accretive to share value.
8) KWIN management seems to be very “straight-forward” with information.
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PLEASE NOTE:
I am an individual investor with my own opinions.
I am NOT paid by anybody.
I don't give advice and I don't make recommendations to buy or sell.
My perceptions might or might not be in line with others so you should
do whatever
follow up research necessary for you to feel confident in your own
decisions regarding
this stock. |
