Hi Bruce,
Been pretty brutal lately hasn't it. Well here is some good news, the Stock Masters have just made TQT a "StockALERT".
I'll post the message below, although to anybody following the company there isn't much new news, but I hadn't seen the eps prediction for '98-'99
This may be just what the company needs.
From: StockMasters <stockmaster@sk.sympatico.ca>
Subject: ** Canada StockALERT **
NEW RECOMENDATION
Company: Triquanta Investments Ltd.
Exchange: Alberta Stock Exchange
Symbol: TQT
Shares Issued: 9.64 million
Price per share: $0.65 Cdn (April 2,1997)
THE INDUSTRY:
After a thorough investigation of the new worldwide telecommunications
industry with its grand potential we determined it is time to locate a
small-cap, publicly listed company presently in the business. The company
should have existing technically experienced, progressive, growth minded
management to cope with this surging market. The major impetus to this
growth is the World Trade Organization Agreement (Treaty) which opens up
the previously protected telecomunications industry to supplier contractors
in almost every country in the world. We are looking at the potential of
over 3 billion new phone users, possibly 2 billion by the year two
thousand! This of course generates major equipment and installation
purchases by the affected countries. The assured future market will pick up
at its present $600 billion (US) revenue and grow at a projected rate of
somewhere between 15-20% per year!
THE COMPANY:
Keeping in mind the criteria set forth above and based on our due diligence
efforts we feel we have located a strong, well directed company with
experienced, aggressive management in place. This company is TRIQUANTA
INVESTMENTS LTD.. Through its present infrastructure, staff and that of its
contracted for acquisition, Celtic Engineering, Triquanta in our opinion
will be a major factor in the worldwide telecommunications business.
Contracts presently under negotiation by Celtic through its president
Winston M. Thomas
include the purchase, refurbishing and resale of substantial inventories of
used existing AT&T Dimension equipment which is compatible with almost all
countries present equipment. The first years marketing and sales
commissions should exceed $6.2 million (US). Gross profit margins usually
exceed 50% and the contract size will escalate over the years. There will
also be income generated from the de-installation and refurbishing of the
equipment. Other contractual relations include the sale of lines to the
Philippines through its Howell International division. Celtic has also been
requested to submit quotations to provide installation services for
Northern Telecom switches. Celtic is an authorized installer of this type
of equipment. An important fact is that Triquanta is the only licensed
reseller of AT&T Dimension equipment in Russia! Triquanta is truly on the
move!
THE INVESTOR POTENTIAL:
We present Triquanta Investments Ltd. as a balance to your natural resource
holdings. Its market is established and contracts in place and under final
negotiation will produce substantial profits leading to an obvious increase
in stock value and price. Management predicts that in the 12 month period
following the Celtic purchase closing after tax profits should contribute
$1.75 million (US) to Triquanta on a fully diluted basis. This represents
earnings of $0.16 per share US or $0.22 Canadian. 1998-99 earnings should
contribute 5.4 million net to Triquanta. That $0.33 per share US or $0.45
Canadian.
Due to the above we feel the stock is presently substantially undervalued
and therefore time to get on board. In our opinion you will be well
compensated for your hold time. We will keep you posted with further
details as they develop.
Further information may be obtained by contacting Warren Smith of Triquanta
at 1-800-719-9960 or they may be reached by E-mail at TQTAlberta@aol.com
Website: <http://www.stockgroup.com/tqt.html>
The StockMasters
stockmaster@sk.sympatico.ca
GENERAL DISCLAIMER: <http://www.grill.sk.ca/stockalert>
The materials contained in Canada StockALERT are obtained from sources we
believe to be reliable and are intended for INFORMATIONAL purposes only.
This is NOT an offer to buy or sell securities. We are not licensed or
registered investment
advisors and you should always consult with a registered investment advisor
before purchasing any of the securities discussed here. Use of the
information contained herein is at the readers sole risk. Canada StockALERT
and/or its associates may own shares
in the companies mentioned. Some of our recommended stocks are volatile and
are for experienced investors only.
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Once the celtic deal closes, we have the goods, what we needed was somebody to get the word out. I think this will do the job, or at least it will start the ball rolling.
Regards
Ray |
